US shippers increasingly seen rethinking, remodeling supply chains: report With supply chain volatility becoming “permanent,” more companies are taking control of previously outsourced parts of their supply chain, and even offering their own services, according to a closely watched annual report on the state of logistics. US shippers increasingly seen rethinking, remodeling supply chains: report […]
Read More →US shippers increasingly seen rethinking, remodeling supply chains: report
on June 18, 2024in Industry News
Biofuel an ‘unsustainable’ green option: climate activist
on June 18, 2024in Industry News
Biofuel an ‘unsustainable’ green option: climate activist The airline industry is pinning its hopes on sustainable aviation fuel providing a long-term path to net zero, but there will not be enough biofuel to go around, European climate campaigners Transport & Environment have found. Biofuel an ‘unsustainable’ green option: climate activist Journal of Commerce
Read More →Transfix sale highlights VC’s uneasy fit with freight brokerage
on June 17, 2024in Industry News
Transfix sale highlights VC’s uneasy fit with freight brokerage The uneven success of the digital brokerage model suggests that the foundations of the market were harder to disrupt than venture investors first envisioned a decade ago, and maybe even harder than some of the founders of digital brokerages had foreseen. Transfix sale highlights VC’s uneasy […]
Read More →Savannah’s intermodal share moves higher as carriers ‘embrace’ rail
on June 17, 2024in Industry News
Savannah’s intermodal share moves higher as carriers ‘embrace’ rail The market share of loads entering or exiting the port’s Garden City Terminal on train has increased from a year ago as the Georgia Ports Authority grows into a relatively new on-dock rail yard. Savannah’s intermodal share moves higher as carriers ‘embrace’ rail Journal of Commerce
Read More →Indian shippers brace for wave of carrier charges as capacity suffers
on June 17, 2024in Industry News
Indian shippers brace for wave of carrier charges as capacity suffers Forwarder sources believe that the upcoming weeks could prove challenging for bookings to the US East Coast, given that ONE’s WIN service will have two blank sailings out of India in July. Indian shippers brace for wave of carrier charges as capacity suffers Journal […]
Read More →Big capacity injection into ex-Asia trades having little effect: Drewry
on June 17, 2024in Industry News
Big capacity injection into ex-Asia trades having little effect: Drewry The longer transits around southern Africa, port congestion at key hubs in Asia and unseasonally strong demand has absorbed all the capacity carriers threw into the major east-west trade lanes early this year. Big capacity injection into ex-Asia trades having little effect: Drewry Journal of […]
Read More →Weaker US produce volumes help keep lid on truckload rates
on June 14, 2024in Industry News
Weaker US produce volumes help keep lid on truckload rates Produce shipments by weight have dropped in 2024, and that’s helped maintain “adequate” truckload capacity in most parts of the US, the Department of Agriculture said. Weaker US produce volumes help keep lid on truckload rates Journal of Commerce
Read More →Peak season surcharges land earlier, and higher, in hot trans-Pacific market
on June 14, 2024in Industry News
Peak season surcharges land earlier, and higher, in hot trans-Pacific market With vessel space from Asia to the US at a premium amid an early peak season, ocean carriers have been largely successful in implementing the surcharges in June, and some will keep pushing their luck in July. Peak season surcharges land earlier, and higher, […]
Read More →US truckload spot rates rise, but still below year-ago levels
on June 14, 2024in Industry News
US truckload spot rates rise, but still below year-ago levels This year’s truckload spot rates are hugging the baseline set in 2023 as the freight recession drags on; a major increase seems unlikely anytime soon. US truckload spot rates rise, but still below year-ago levels Journal of Commerce
Read More →Reefer shippers face longer booking times, box shortages amid port congestion
on June 14, 2024in Industry News
Reefer shippers face longer booking times, box shortages amid port congestion Still, insurers said the difficulties have yet to materialize in a noticeable rise in claims for spoiled cold chain or perishable products. Reefer shippers face longer booking times, box shortages amid port congestion Journal of Commerce
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