Category Archives for Industry News

Ports America, CN launch Gulfport intermodal service targeting perishables The new north-south service will begin next week with trial runs transporting perishable goods out of Latin America to Chicago. Ports America, CN launch Gulfport intermodal service targeting perishables Journal of Commerce

Crashing trans-Atlantic spot rates delay long-term contract signing Carriers and shippers, however, believe there is little room left to fall for spot rates that are already below pre-pandemic levels. Crashing trans-Atlantic spot rates delay long-term contract signing Journal of Commerce

Hapag-Lloyd prioritizes costs as rates, earnings plummet The carrier has followed its peers with a sharp decline in earnings, and although still highly profitable, its CEO warned that rates on the east-west trade lanes are at unsustainable levels. Hapag-Lloyd prioritizes costs as rates, earnings plummet Journal of Commerce

Weak US imports via Western Canada reveal BC port challenge The cracks in the gateway’s attractiveness to importers and exporters out of the US Midwest were showing before this July’s work stoppage and the decline in import demand across North America. Weak US imports via Western Canada reveal BC port challenge Journal of Commerce

US truckload shippers urged to launch bids now to get best 2024 rates An uptick in the West Coast share of Asian imports has already translated into heightened demand for surface transportation. US truckload shippers urged to launch bids now to get best 2024 rates Journal of Commerce

ILA, USMX remain at odds over dockworker wage increases: Daggett The ILA president says further progress on a new master contract, as well as port-specific local deals, can’t happen until the two sides agree on coastwide pay hikes. ILA, USMX remain at odds over dockworker wage increases: Daggett Journal of Commerce

Zim reinstates China-US fast boat service to target e-commerce demand US e-commerce imports are filling much of the available air cargo capacity out of China, spurring the ocean carrier to bring back an expedited service it was forced to mothball eight months ago. Zim reinstates China-US fast boat service to target e-commerce demand Journal of […]

Zim reinstates China-US fast ship service to target e-commerce demand US e-commerce imports are filling much of the available air cargo capacity out of China, spurring the ocean carrier to bring back an expedited service it was forced to mothball eight months ago. Zim reinstates China-US fast ship service to target e-commerce demand Journal of […]

Breakbulk sector poised for boost amid rising commodity prices Commodity prices continue to rise, leading to further investments in mining, agriculture and oil and gas projects, all of which is good news for breakbulk and project shippers and their service providers. Breakbulk sector poised for boost amid rising commodity prices Journal of Commerce

J. B. Hunt-BNSF launch new intermodal service to grab time-sensitive freight The premium service run by the long-time partners aims to capture so-called just-in-time cargo that has historically been shipped via truck. J. B. Hunt-BNSF launch new intermodal service to grab time-sensitive freight Journal of Commerce