Category Archives for Industry News

US shippers still facing LTL rate pressure: Cowen/AFS study Less-than-truckload rates are rising despite economic headwinds as accessorials, general rate increases, and a trend toward higher freight rate classes support a high pricing floor. US shippers still facing LTL rate pressure: Cowen/AFS study Journal of Commerce

French port group Haropa expands inland river network Import weakness kept volume flat at the merged French ports of Le Havre, Rouen, and Paris, but an improved river and rail network resulted in a large rise in hinterland traffic. French port group Haropa expands inland river network Journal of Commerce

RoadOne looks to tap Houston freight growth with deal for Texas drayage carrier The sharp increase in freight activity seen at the Port of Houston over the past year has prompted national drayage provider RoadOne IntermodaLogistics to acquire a Texas motor carrier. RoadOne looks to tap Houston freight growth with deal for Texas drayage carrier […]

Lack of space costing Zeebrugge new ro/ro clients: port Zeebrugge’s ro/ro traffic rose 6.5 percent in 2022, even as congestion and tight capacity constrained potential growth. Lack of space costing Zeebrugge new ro/ro clients: port Journal of Commerce

Pass-through fees could disincentivize carriers from decarbonizing: shippers Shippers are generally willing to share in the cost of reducing carbon emissions, but they worry a lack of transparency in pass-through charges could allow shipping lines to continue burning fossil fuels. Pass-through fees could disincentivize carriers from decarbonizing: shippers Journal of Commerce

MPV rates slump as breakbulk moves back to container sector Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects. MPV rates slump as breakbulk moves back to container sector Journal of Commerce

Estes Express plans near-port expansion as new generation takes charge The largest US family owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office.  Estes Express plans near-port expansion as new generation takes charge Journal of Commerce

Maersk inks new deals as decarbonization drive continues Decarbonizing its entire business by 2040 requires collaboration across Maersk’s global supply chain, pushing the carrier to sign partnerships in strategic areas to achieve its net-zero ambitions. Maersk inks new deals as decarbonization drive continues Journal of Commerce

New services, West Coast labor talks push NY-NJ into top US port spot The growth at the Port of New York and New Jersey was accompanied by persistent container and vessel backlogs and truck congestion, but volumes are expected to taper off in 2023. New services, West Coast labor talks push NY-NJ into top US […]

Europe string reinstates South India rotation after schedule disruptions The IEX service’s nine-vessel routing has experienced serious reliability challenges since early last year amid the pandemic-linked port flow turmoil. Europe string reinstates South India rotation after schedule disruptions Journal of Commerce