Busy ‘slow season’ for air cargo as e-commerce holds up demand It is a good time to be in the freight transport business with air cargo and ocean shipping on the trade lanes out of Asia seeing sustained demand and robust rate levels. Busy ‘slow season’ for air cargo as e-commerce holds up demand Journal […]
Read More →Asia-US container ship reliability climbed to six-month high in April: Sea-Intelligence
on May 30, 2024in Industry News
Asia-US container ship reliability climbed to six-month high in April: Sea-Intelligence The West Coast’s sharp jump in on-time performance – the highest gain of the 34 trade lanes covered by the analyst’s monthly report — is a sign ports along the coast have not been directly impacted by the ongoing ship diversions around southern Africa. […]
Read More →CMA CGM pays $1.9 million to settle FMC finding over billing action
on May 29, 2024in Industry News
CMA CGM pays .9 million to settle FMC finding over billing action FMC investigators found the carrier “overbroadly defined and applied” the merchant clause in its bill of lading to a third party “who should not have been billed,” the agency said. CMA CGM pays .9 million to settle FMC finding over billing action Journal […]
Read More →Carriers exploit yawning gap between Asia-Europe spot, contract rates
on May 29, 2024in Industry News
Carriers exploit yawning gap between Asia-Europe spot, contract rates Asia-Europe contracts have been signed at levels that are being dwarfed by the soaring spot market, and with capacity tightening the lower-paying cargo is first in line to miss a sailing. Carriers exploit yawning gap between Asia-Europe spot, contract rates Journal of Commerce
Read More →Singapore congestion tests Indian supply chains amid growing Asian imports
on May 29, 2024in Industry News
Singapore congestion tests Indian supply chains amid growing Asian imports Singapore is a key intermediate point for Indian transshipment trade, especially out of the country’s east coast corridor that has fewer direct mainline connections. Singapore congestion tests Indian supply chains amid growing Asian imports Journal of Commerce
Read More →RoadOne follows growing demand for container transload to Charleston
on May 29, 2024in Industry News
RoadOne follows growing demand for container transload to Charleston The intermodal logistics provider is ramping up transloading capabilities in the US Southeast to meet increased demand from importers. RoadOne follows growing demand for container transload to Charleston Journal of Commerce
Read More →Rise of private chassis fleets forces IEPs, railroads to rethink operations
on May 28, 2024in Industry News
Rise of private chassis fleets forces IEPs, railroads to rethink operations The issue of whose chassis to use to haul a container remains unclear as more truckers opt to use their own, but ocean carriers and pools also look to supply the market. Rise of private chassis fleets forces IEPs, railroads to rethink operations Journal […]
Read More →FourKites integrates with truckload scheduling standards initiative
on May 28, 2024in Industry News
FourKites integrates with truckload scheduling standards initiative Amid growing interest in making the truckload appointment scheduling process more efficient, the US visibility provider has added weight to an initiative started in late 2022. FourKites integrates with truckload scheduling standards initiative Journal of Commerce
Read More →Energy efficiency, new fuels only route to 2030 targets: engine maker MAN
on May 28, 2024in Industry News
Energy efficiency, new fuels only route to 2030 targets: engine maker MAN The IMO will introduce shipping’s new fuel standard in 2027 aimed at accelerating the industry’s decarbonization, but carriers need to work on improving fuel consumption now or risk missing short-term emissions goals. Energy efficiency, new fuels only route to 2030 targets: engine maker […]
Read More →Methanol bunkering at scale a step closer after Singapore refueling
on May 28, 2024in Industry News
Methanol bunkering at scale a step closer after Singapore refueling The ability to refuel a ship while loading cargo in port is key to the successful deployment of alternative fuels for ocean carriers at bunkering hubs. Methanol bunkering at scale a step closer after Singapore refueling Journal of Commerce
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