Category Archives for Industry News

FMC should guard against carrier ‘profit center’ from Red Sea surcharges: AgTC chief With ocean carriers rushing to the FMC to seek waivers of the 30-day notice period required to implement surcharges linked to the Red Sea crisis, the head of a major US shipper group says the commission should require carriers to provide more […]

Domestic intermodal recovery forecast to continue after 2023 decline Although the 2023 peak season was more muted than during the COVID-19 pandemic, the overall decline was not as severe as some feared. Domestic intermodal recovery forecast to continue after 2023 decline Journal of Commerce

Asia-Europe ocean rates hit 14-month high after Red Sea attack on Maersk ship There remains little clarity on carrier plans to resume Red Sea transits following Sunday’s dramatic action by the US Navy to repel an attack on a Maersk container ship. Asia-Europe ocean rates hit 14-month high after Red Sea attack on Maersk ship […]

Trans-Pacific volumes poised for slow growth after down year in 2023 Global container ship overcapacity will compel carriers to increase blank sailings and service cuts to keep a floor under rates, which means shippers are likely to continue to see poor on-time performance on eastbound trans-Pacific services. Trans-Pacific volumes poised for slow growth after down […]

Maersk temporarily pauses Red Sea routings after new attacks The carrier’s decision to suspend Red Sea sailings for at least 48 hours following two attacks this weekend shows that even as naval forces ramp up patrols in the region, safety is far from guaranteed. Maersk temporarily pauses Red Sea routings after new attacks Journal of […]

Maersk pauses Red Sea routings after new attacks The carrier’s decision to suspend Red Sea sailings for at least 48 hours following two attacks this weekend shows that even as naval forces ramp up patrols in the region, safety is far from guaranteed. Maersk pauses Red Sea routings after new attacks Journal of Commerce

Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks Most of the surcharges and GRI hikes will take effect from Jan. 1, with at least one ocean carrier hinting of further increases to come later in January. Fresh surcharges pile up for Asia-Europe shippers amid Red Sea attacks Journal of Commerce

California regulator gives temporary reprieve on zero-emission drayage enforcement CARB is waiting for the federal Environmental Protection Agency to rule whether the clean fleets regulation the state adopted last April needs a waiver from the Clean Air Act before it goes into effect. California regulator gives temporary reprieve on zero-emission drayage enforcement Journal of Commerce

Container shipping digs in for new phase of Red Sea security risk The varied approach taken by carriers– whether or not to divert ships around southern Africa — speaks to a new phase of uncertainty for the traditional Suez route. Container shipping digs in for new phase of Red Sea security risk Journal of Commerce

Red Sea crisis amplifies existing strain between carriers, shippers: analyst Almost four years after COVID-19, a new crisis is once again shining a light on the traditional contentious relationship between container carriers and their customers when it comes to pricing dynamics, writes Lars Jensen. Red Sea crisis amplifies existing strain between carriers, shippers: analyst Journal […]