Category Archives for Industry News

US containerized refrigerated trade continues three-year growth streak Imports of refrigerated (reefer) cargoes to the United States surged in early 2021 while exports plunged, as the ports of Oakland and Los Angeles expanded their share of total US… US containerized refrigerated trade continues three-year growth streak Journal of Commerce

Port congestion, labor shortages increasing costs for food shippers Transportation costs are rising sharply for US perishable food shippers as fluctuating vessel schedules, delays at ports and inland terminals, insufficient labor at trucking companies and shipper receiving facilities, and a… Port congestion, labor shortages increasing costs for food shippers Journal of Commerce

Flexport, Convoy forge multimodal link Flexport and Convoy said Tuesday they are joining their systems to allow importers to connect ocean and air import moves with US domestic truckload legs. That’s a bid to automate the management of transportation… Flexport, Convoy forge multimodal link Journal of Commerce

Spread in ocean freight rates offers opportunity for some shippers … Spread in ocean freight rates offers opportunity for some shippers International Freight

Equipment, space shortages push north–south shippers toward long-term contracts A severe shortage of 40-foot refrigerated (reefer) containers on the north–south North -America–Latin America trade is forcing shippers to sign guaranteed volume… Equipment, space shortages push north–south shippers toward long-term contracts Journal of Commerce

Lack of uniform free time data adds complexity, costs for US importers US importers lack a uniform method of tracking the moment a container leaves or returns to marine terminals in North America, a result of terminal and carrier fragmentation that… Lack of uniform free time data adds complexity, costs for US importers Journal of […]

Lack of uniform free time data adds US import complexity, costs US importers lack a uniform method of tracking the moment a container leaves or returns to marine terminals in North America, a result of terminal and carrier fragmentation that… Lack of uniform free time data adds US import complexity, costs Journal of Commerce

Freightos targets forwarders with white label product Logistics software provider Freightos on Tuesday waded into the white label technology market through the release of a new product aimed at allowing forwarders to integrate online… Freightos targets forwarders with white label product Journal of Commerce

Investors funnel cash toward Forto, digital forwarding model German forwarder Forto has secured a $240 million funding round led by SoftBank that values the logistics provider at $1.2 billion, the latest in a string of large investments into logistics… Investors funnel cash toward Forto, digital forwarding model Journal of Commerce

Ambitious US offshore wind goals face regulatory, logistics hurdles The Biden administration’s embrace of offshore wind energy generation in the United States — with the stated goal of helping… Ambitious US offshore wind goals face regulatory, logistics hurdles Journal of Commerce