Category Archives for Industry News

ILA can sue carriers over Leatherman terminal calls: NLRB The International Longshoremen’s Association won a victory related to a dispute at the Port of Charleston as federal labor regulators say a lawsuit aimed at preserving their work on container ships was legal. ILA can sue carriers over Leatherman terminal calls: NLRB Journal of Commerce

New warehouse tenants boost NY-NJ’s streak as busiest US port New Jersey’s warehousing growth of just 1 percent is butting up against the 8 percent volume growth at the Port of New York and New Jersey, with ever more shippers looking to tap the port’s capacity. New warehouse tenants boost NY-NJ’s streak as busiest US […]

HMM’s new inland access in India refuels single port call strategy HMM’s north-south inland solution in India ties in with an evolving industry strategy to aggregate cargo with a single port call, allowing carriers to maximize capacity utilization and save on port charges. HMM’s new inland access in India refuels single port call strategy Journal […]

Contract rates on trans-Pacific, Asia-Europe set to tumble: analyst Long-term rates on major trade lanes out of Asia have fallen steadily through Q4 as shippers sign fewer contracts and instead ride the collapsing spot markets. Contract rates on trans-Pacific, Asia-Europe set to tumble: analyst Journal of Commerce

Forwarding tech providers push into US trucking market The need for forwarders to tether quoting and tracking in international freight modes to US surface modes has been highlighted by new offerings from ECU Worldwide and Freightos. Forwarding tech providers push into US trucking market Journal of Commerce

Marine chassis supply–demand balance expected to improve in 2023 Marine chassis were hard to come by at times during 2022, but equipment should be easler to come by during 2023. Photo credit: Ari Ashe. Marine chassis supply–demand balance expected to improve in 2023 Journal of Commerce

‘Catalogue of frustrations’ building for ocean shippers amid spot rate decline Shippers locked into long-term contracts at elevated rate levels on trades out of Asia are feeling “burnt” as the spot market collapses, according to the Global Shippers’ Forum. ‘Catalogue of frustrations’ building for ocean shippers amid spot rate decline Journal of Commerce

Ship charterers call BIMCO CII carbon rating clause ‘unusable’ How the new vessel carbon intensity rating measure will be applied from January continues to rile the global shipping community, with BIMCO facing the latest maritime industry broadside. Ship charterers call BIMCO CII carbon rating clause ‘unusable’ Journal of Commerce

Decline in US for-hire truck tonnage gains speed Truck freight demand is falling closer to 2021 levels as 2022 draws toward its close, putting more pressure on truckload and LTL rates. Decline in US for-hire truck tonnage gains speed Journal of Commerce

Global air freight capacity oversupplied entering 2023 Whereas a shortage of capacity in major trades was the chief issue for air cargo providers over the past two years, the greatest challenge in 2023 will be a lack of demand. Global air freight capacity oversupplied entering 2023 Journal of Commerce