Category Archives for Industry News

Norfolk expands hours to handle cargo volumes shifted from Baltimore The US DOT has also offered some relief, granting an exemption that permits truck drivers to work an additional two hours of drive time beyond federal limits if the cargo is connected to the Port of Baltimore closure. Norfolk expands hours to handle cargo volumes […]

Lineage Logistics links US, Canadian cold storage networks with new service A cross-border temperature-controlled truckload and LTL service will connect key facilities in the company’s North American cold-chain distribution network. Lineage Logistics links US, Canadian cold storage networks with new service Journal of Commerce

US retailers make big upgrade in H1 import forecast amid carrier capacity boost Ocean carriers have signaled their belief that US consumer buying will remain strong into the second half of the year by announcing the launch or restart of 11 services involving the trans-Pacific and north-south trades. US retailers make big upgrade in H1 […]

Norfolk Southern ends East Palestine litigation with 0 million settlement The railroad also revealed it expects its second-quarter revenue to be impacted by $50 million to $100 million due to the closure of the Port of Baltimore following the collapse of the Francis Scott Key Bridge. Norfolk Southern ends East Palestine litigation with 0 million […]

Slow uptake of green shipping services, but momentum building: Maersk While the carrier is celebrating a large increase in volume transported under its low-emission services, the substantial cost of alternative fuels compared to conventional bunkers remains a hurdle to the wider cargo-owning market. Slow uptake of green shipping services, but momentum building: Maersk Journal of […]

March job gains for trucking signal rebalancing in US freight markets US trucking companies hired more workers than expected last month as stronger manufacturing and service sectors are beginning to generate more freight. March job gains for trucking signal rebalancing in US freight markets Journal of Commerce

India sourcing boom drives US import container growth Growing US import volumes and market share from India coupled with a surge of investment from major big box retailers and manufacturers, suggests a tipping point for connecting ocean trades and the country. India sourcing boom drives US import container growth Journal of Commerce

Top US retailers set Asia service contract floor significantly higher Carriers in the eastbound trans-Pacific have concluded 2024-25 service contracts with several of the largest US retailers at rates that are significantly higher than in last year’s contracts as carriers leveraged today’s relatively high spot rates. Top US retailers set Asia service contract floor significantly […]

Top US retailers set Asia service contract floor significantly higher than 2023-24 Carriers in the eastbound trans-Pacific have concluded 2024-25 service contracts with several of the largest US retailers at rates that are significantly higher than in last year’s contracts as carriers leveraged today’s relatively high spot rates. Top US retailers set Asia service contract […]

Baltimore preps for limited port reopening by end of April And the US Army Corps of Engineers says it expects to clear the wreckage of the Francis Scott Key Bridge from Baltimore’s 50-foot-deep shipping channel by the end of May, “restoring port access to normal capacity.” Baltimore preps for limited port reopening by end of […]