Category Archives for Industry News

Russian shippers seek investigation of surface transport collusion Shippers have asked Russia’s competition regulator to investigate what they describe as a system of collusion via bribes and close business ties that results in some shippers receiving better treatment than others from domestic surface transportation… Russian shippers seek investigation of surface transport collusion Journal of Commerce

Asia-Europe spot rates resume upward trend The Asia-Europe spot rate rose this week, reaching above the height it abandoned in the prior week with a slight decline, as the rate to the Mediterranean continued the slow, upward trajectory it began in mid-November. The rate for shipping a 20-foot-equivalent… Asia-Europe spot rates resume upward trend Journal […]

Trans-Pacific eastbound spot rate double-digit gains recede Trans-Pacific spot rates gave back some of their double-digit surge from last week, reinforcing a pattern of jumps and gradual declines that has taken place since Hanjin Shipping’s abrupt exit from the trade in… Trans-Pacific eastbound spot rate double-digit gains recede Journal of Commerce

Delays no excuse for carrier to unilaterally dispose of goods Q:  I have a question that I can’t seem to find an answer to: How long does a customer have to provide a motor carrier with disposition of cargo that was rejected by a consignee due to no fault of the carrier?            I have […]

Smoother Uruguay-Brazil customs process set — once agent slowdowns end Brazilian shippers stung by ongoing slowdowns by customs officers can take solace in the fact that when those officers decide to resume their duties as normal, shipments between Uruguay and Brazil will have less customs restrictions… Smoother Uruguay-Brazil customs process set — once agent slowdowns […]

Trans-Pacific spot rates reverse weeks of decline with surge After straight weeks of decline, spot rates in the eastbound Pacific surged by double digits, squeezing US importers moving goods ahead of Chinese New Year celebrations in Asia. The cost of shipping a 40-foot-equivalent unit… Trans-Pacific spot rates reverse weeks of decline with surge Journal of […]

Asia-Europe spot rates steady as peak season ebbs Asia-Europe spot rates showed some slight weakness but kept to levels ocean carriers sought through the Dec. 1 rate hike push, potentially giving them a stronger position as annual contract bidding winds down. The rate strength, however, might be… Asia-Europe spot rates steady as peak season ebbs […]

Werner expands in Laredo as cross-border freight volumes rise The future of the North American Free Trade Agreement may be uncertain, but truckload carrier Werner Enterprises is betting on growth in trade between the US and Mexico. The epicenter of truck-borne trade at the southern US border is Laredo, Texas, the largest crossing point for […]

Contract rates to rise in 2017 for first time since 2010 Asia-Europe and trans-Pacific contract rates are set to rise through 2017 after an increase in the final three months of this year reversed more than six straight quarterly declines, Drewry Shipping Consultants forecasts. Average rates for cargo moving… Contract rates to rise in 2017 […]

Hanjin creditors push for payment as liquidation looms NEWARK, New Jersey — US logistics providers are jockeying in court to ensure they get paid for services provided to Hanjin Shipping since it filed for bankruptcy in the wake of an auditor’s report that the carrier has little value and is likely headed for liquidation. Textainer, […]