Category Archives for Industry News

US warehouse fluidity returning to normal amid import drop, inventory discipline US importers have finally cleared out most of the inventory overhang that kept their warehouses at capacity and created bottlenecks in their supply chains. US warehouse fluidity returning to normal amid import drop, inventory discipline Journal of Commerce

Global liner performance unchanged in October, but USWC ticked higher While container volumes have largely returned to normal historical levels, ocean carriers still have not been able to restore performance to pre-pandemic levels. Global liner performance unchanged in October, but USWC ticked higher Journal of Commerce

Shippers eye varied ‘training wheel’ approach to origin management technology Getting the most out of global logistics software sometimes involves using a forwarder as a co-pilot until a shipper is ready to run processes like procurement and order management internally. Shippers eye varied ‘training wheel’ approach to origin management technology Journal of Commerce

Orderbook more ‘manageable’ if measured in ship numbers, not TEUs: analyst Although the incoming capacity will outstrip demand on the major trades over the next two years, the capacity overhang that has been touted in many corners of the shipping sector is being overstated, says an industry analyst. Orderbook more ‘manageable’ if measured in ship […]

Order book more ‘manageable’ if measured in ship numbers, not TEUs: analyst Although the incoming capacity will outstrip demand on the major trades over the next two years, the capacity overhang that has been touted in many corners of the shipping sector is being overstated, says an industry analyst. Order book more ‘manageable’ if measured […]

Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions The expansion of the three companies, all representing different modes across the US-Canadian border, underscores the depth of the relationship between the two economies. Roadrunner to enter Canada as K+N, Canada Cartage make cross-border acquisitions Journal of Commerce

USDA invests 0 million to boost agricultural sector’s export efforts The fresh funding is part of recent federal efforts to increase economic opportunities for farmers and lower food costs for US residents. USDA invests 0 million to boost agricultural sector’s export efforts Journal of Commerce

 UP boosts intermodal service with new Houston connections, Phoenix ramp The Class I railroad sees an opportunity to tap growth at the Gulf Coast’s busiest port with new intermodal lanes, while expanding its inland reach from Los Angeles and Long Beach.  UP boosts intermodal service with new Houston connections, Phoenix ramp Journal of Commerce

Oversupplied Asia-Europe ocean trade readies for two December rate hikes The westbound trades out of Asia are heading into tender season with carriers attempting to lift rate levels before locking in long-term contracts being eroded by surplus capacity. Oversupplied Asia-Europe ocean trade readies for two December rate hikes Journal of Commerce

New CMA CGM service adds to intra-Asia capacity boost for Indian shippers The move complements a flurry of Asia-India service additions by niche regional carriers and newer feeder operators in recent months. New CMA CGM service adds to intra-Asia capacity boost for Indian shippers Journal of Commerce