Category Archives for Industry News

FMC judge ruling on chassis will have major impact, but questions linger A decision by an FMC administrative judge on chassis usage will shake up the way chassis are provisioned for ocean containers, but there are several unknowns on what the future will look like at ports and rail hubs. FMC judge ruling on chassis […]

West Coast labor talks resume after T-5 dispute temporarily set aside: sources The resumption of negotiations between the ILWU and terminal employers can be viewed as a case of both sides feeling external pressure to get a deal done, especially with stakeholders growing increasingly displeased at the cargo bleed from West Coast ports. West Coast […]

High full-year rate levels offset OOCL’s poor Q4 performance It might have been a fourth quarter to forget for OOCL as volume and rates tumbled, but a strong performance through the rest of 2022 has put the carrier on course for another profitable year. High full-year rate levels offset OOCL’s poor Q4 performance Journal of […]

Zero-carbon fuel crucial in meeting EU truck emissions targets: transport groups Meeting the EU road emissions targets will not be achieved by focusing exclusively on electric vehicles, with the combustion engine likely to play a significant role over the next two decades. Zero-carbon fuel crucial in meeting EU truck emissions targets: transport groups Journal of […]

Maersk must contend with volumes, market share in steady decline: analyst If Maersk’s volumes and market share continue to slip, the reduction in size will eventually challenge profitability aspirations in a market where some competitors are increasing their scale benefit, writes analyst Lars Jensen. Maersk must contend with volumes, market share in steady decline: analyst […]

US DOT says ports can tap 2 million in 2023 grants The US Department of Transportation’s Maritime Administration is on the hunt for port projects that mitigate climate change, among other aims, as it lays out grant funding opportunities for 2023. US DOT says ports can tap 2 million in 2023 grants Journal of Commerce

Pandemic effect drives disconnect in global trade-GDP demand indicator Global economic growth is expected to outstrip container shipping demand through 2023, potentially upsetting the traditional approach to measuring trade. Pandemic effect drives disconnect in global trade-GDP demand indicator Journal of Commerce

Flexport debuts Shopify app in move to target small importers A new Flexport app on Shopify’s partner marketplace is likely to be the first of many initiatives between the forwarder and e-commerce storefront provider. Flexport debuts Shopify app in move to target small importers Journal of Commerce

Cosco upsizes Asia-US Gulf service to post-Panamax ships amid port upgrades he buildout of warehouse and distribution capacity in Gulf Coast states is prompting ocean carriers to deploy larger ships, with Cosco Shipping joining the rush. Cosco upsizes Asia-US Gulf service to post-Panamax ships amid port upgrades Journal of Commerce

3PL Echo moves to expand LTL business with new executive hires Primarily an industrial transportation sector, the LTL business is moving into retail and is also becoming more involved in transloading at US port cities.  3PL Echo moves to expand LTL business with new executive hires Journal of Commerce