Category Archives for Industry News

New CMA CGM service is sixth to add Port Everglades calls this year The service will be heavily focused on transporting refrigerated cargo but will also allow for dry cargoes coming out of Latin America to find a new path to the US. New CMA CGM service is sixth to add Port Everglades calls this […]

New CMA CGM service is sixth to add Port Everglades call this year The service will be heavily focused on transporting refrigerated cargo but will also allow for dry cargoes coming out of Latin America to find a new path to the US. New CMA CGM service is sixth to add Port Everglades call this […]

FedEx Freight keeping LTL gains from Yellow as market settles While the largest US trucking company increased its daily volume 4.6% this fall following Yellow’s summertime collapse, year-over-year comparisons reveal a soft market.  FedEx Freight keeping LTL gains from Yellow as market settles Journal of Commerce

NY-NJ port takes next steps to study dredging amid larger ship calls The port wants to dig to a 55-foot depth because an increasing number of vessels calling are testing the current capacity of its shipping channels. NY-NJ port takes next steps to study dredging amid larger ship calls Journal of Commerce

Carriers push Indian rates higher as Suez crisis muddles US, Europe routings After holding rates firm at end-November levels into the first week of December, major container lines have pushed short-term contract pricing substantially higher for Indian bookings in the last few days. Carriers push Indian rates higher as Suez crisis muddles US, Europe routings […]

DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Workers loading and unloading planes at DHL Express’s Cincinnati-Kentucky hub will get higher wages and better benefits in a deal that ends a strike that threatened to disrupt the carrier’s US operations. DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Journal of Commerce

Red Sea crisis escalates as US, partners unveil naval task force in region Five of the world’s top 10 ocean carriers have so far announced diversions away from the Red Sea, and the carrier announcements suggest there is growing acceptance that this crisis will be open-ended. Red Sea crisis escalates as US, partners unveil naval […]

Calmer supply chains, soft demand boosting on-time package deliveries in US UPS and FedEx are delivering more packages on time this holiday season, helped by no shortage of capacity in the modes that feed their networks, while Amazon, Walmart and others build out delivery capabilities. Calmer supply chains, soft demand boosting on-time package deliveries in […]

Deutsche Bahn launches long-awaited sales process for DB Schenker unit Those making offers – which analysts say could top $20 billion – are expected to be a list of major global forwarders including DSV, Kuehne + Nagel and DHL Global Forwarding. Deutsche Bahn launches long-awaited sales process for DB Schenker unit Journal of Commerce

Questions raised over winning bidder for controlling stake in HMM The South Korean carrier has settled on an offer from a consortium led by poultry producer Harim Group, but there are doubts over the buyer’s ability to manage a global shipping line. Questions raised over winning bidder for controlling stake in HMM Journal of Commerce