Category Archives for Industry News

Cool Carriers muscles into melon trade with new Brazil-Europe contract While Cool is “cash rich,” it is under pressure to fill the newbuild capacity it already has as well as what is scheduled to be delivered, writes analyst Richard Bright. Cool Carriers muscles into melon trade with new Brazil-Europe contract Journal of Commerce

Zim adds new premium trans-Pacific service to West Coast amid rate surge The carrier next week will roll out a premium express service from central China to complement the South China express service it relaunched late last year as spot rates continue to move higher. Zim adds new premium trans-Pacific service to West Coast amid […]

LA-LB ports investing million in charging infrastructure for electric trucks The Los Angeles and Long Beach harbor commissions have each approved allocating $12.5 million to help fund the installation of about 200 charging stations to serve battery-powered trucks in the region. LA-LB ports investing million in charging infrastructure for electric trucks Journal of Commerce

Near-normal water levels allowing more ship transits through Panama Canal The daily number of vessel transits through the critical waterway is set to return to normal levels after easing of a drought that cut transits in half last year. Near-normal water levels allowing more ship transits through Panama Canal Journal of Commerce

Overseas e-commerce platforms not playing by EU rules: digital lobby groups Chinese online platforms were not specifically mentioned in an open letter to the European Commission, but the groups noted that government subsidies made competition with Asia-based e-commerce platforms difficult. Overseas e-commerce platforms not playing by EU rules: digital lobby groups Journal of Commerce

Analysts divided over pace of US truckload recovery, while LTL gains speed Speakers at the SMC3 Connections Conference this week warned that US truckload pricing will rise slowly heading toward 2025, though others expect a faster move. Analysts divided over pace of US truckload recovery, while LTL gains speed Journal of Commerce

Ro/ro surges at Brunswick amid investment, Baltimore diversions: GPA Brunswick could overtake Baltimore as the busiest ro/ro port in the US, at least in the short-term, partly because operations at the Maryland port were severely restricted following the collapse of the Francis Scott Key Bridge in March.   Ro/ro surges at Brunswick amid investment, Baltimore […]

HMM digitizes bills of lading with software provider CargoX Progress on the industry’s goal of fully moving to electronic bills of lading by 2030 has been slow, but more carriers are signing with vendors to enable the migration. HMM digitizes bills of lading with software provider CargoX Journal of Commerce

Bottlenecks build as China-Europe rail network battles rising demand Ongoing demand from cargo owners unable to find space with ocean carriers is placing the rail network from China to Europe under increasing pressure with congestion building at key points. Bottlenecks build as China-Europe rail network battles rising demand Journal of Commerce

US trade groups urge Biden’s help in restarting stalled ILA-USMX talks Over 150 groups representing a variety of US businesses called on the White House to bring labor and management together, but it’s not clear if the ILA would welcome outside influence. US trade groups urge Biden’s help in restarting stalled ILA-USMX talks Journal of […]