Category Archives for Industry News

Rerouted Asia-Europe voyages to cause space, equipment shortages Difficulties in finding vessel capacity and empty containers as ship voyages are extended will join rising rate levels on the growing list of supply chain issues faced by shippers. Rerouted Asia-Europe voyages to cause space, equipment shortages Journal of Commerce

Ocean carriers playing catch up in reducing risk of lithium-ion fires on ships The shipping industry, while acknowledging the batteries are here to stay and can’t be banned as cargo, is lagging behind in coming to terms with risks that remain poorly understood. Ocean carriers playing catch up in reducing risk of lithium-ion fires on […]

Yellow terminal auction redrawing US LTL map as pricing surge subsides With more than 160 facilities still on the auction block, a sizable amount of less-than-truckload capacity once provided by Yellow is up for grabs as the trucking market slows in early 2024. Yellow terminal auction redrawing US LTL map as pricing surge subsides Journal […]

Port of Baltimore names Everglades CEO as new executive director Jonathan Daniels will take the port’s helm in early February, with construction of the Sparrows Point Container Terminal atop his list of priorities. Port of Baltimore names Everglades CEO as new executive director Journal of Commerce

Port of Baltimore names ex-Everglades CEO as new executive director Jonathan Daniels will take the port’s helm in early February, with construction of the Sparrows Point Container Terminal atop his list of priorities. Port of Baltimore names ex-Everglades CEO as new executive director Journal of Commerce

Lack of green compliance could be costly for some Southern California warehouses The facilities must adhere to new emissions-cutting rules implemented several months ago by regulators or risk daily fines approaching $12,000 per day. Lack of green compliance could be costly for some Southern California warehouses Journal of Commerce

Trans-Pacific air cargo rate rally ends in steep new year dive The strong e-commerce demand from the US that kept trans-Pacific air cargo rates rising through the fourth quarter quickly fell off after the end-of-year holidays. Trans-Pacific air cargo rate rally ends in steep new year dive Journal of Commerce

India-Europe ocean rates keep spiking as more void calls emerge Short-term contract rates on the trade lane have already more than doubled this week from what most major carriers were quoting in the second half of December. India-Europe ocean rates keep spiking as more void calls emerge Journal of Commerce

US West Coast ports aim to win back shippers after two-year share loss The ports will be aided by continued transit constraints at the Panama Canal, potentially testy longshore negotiations on the East and Gulf coasts, and terminals that are as fluid as they have been since before the pandemic. US West Coast ports aim […]

Asia-US container spot rates surge on Red Sea vessel diversions The upending of regular transits to the US East and Gulf coasts through the Suez Canal has prompted ocean carriers to issue rate increases to cover higher operating costs. Asia-US container spot rates surge on Red Sea vessel diversions Journal of Commerce