China-India rates tick steadily higher as Asian manufacturing diversifies Seeing the demand growth, niche intra-Asia liners have beefed up their networks out of India, deploying bigger vessels and opening more calls to the country’s East Coast ports. China-India rates tick steadily higher as Asian manufacturing diversifies Journal of Commerce
Read More →China-India rates tick steadily higher as Asian manufacturing diversifies
on October 26, 2023in Industry News
Hobbled Panama Canal pinched further as eastern Asia factory growth favors Suez
on October 26, 2023in Industry News
Hobbled Panama Canal pinched further as eastern Asia factory growth favors Suez The Panama Canal faces the prospect of transit and loading limitations becoming a regular feature of all-water transits to eastern North America, while a shift of trade out of China increasingly favors Suez Canal routings in the longer-term, writes Journal of Commerce Executive […]
Read More →Railroads wait for international intermodal rebound amid some Q3 gains
on October 25, 2023in Industry News
Railroads wait for international intermodal rebound amid some Q3 gains International intermodal volume in North America fell in the third quarter year over year, but there are glimmers of optimism among some US railroads. Railroads wait for international intermodal rebound amid some Q3 gains Journal of Commerce
Read More →K+N sees no inflection point yet for global freight recovery
on October 25, 2023in Industry News
K+N sees no inflection point yet for global freight recovery The world’s largest ocean forwarder by volume said that despite an uptick in container freight during the third quarter, many customers still have too much inventory on hand from prior years. K+N sees no inflection point yet for global freight recovery Journal of Commerce
Read More →Kuehne + Nagel sees no inflection point yet for global freight recovery
on October 25, 2023in Industry News
Kuehne + Nagel sees no inflection point yet for global freight recovery The world’s largest ocean forwarder by volume said that despite an uptick in container freight during the third quarter, many customers still have too much inventory on hand from prior years. Kuehne + Nagel sees no inflection point yet for global freight recovery […]
Read More →Retailers pivot in fast-moving trans-Pacific as carriers accelerate blank sailings
on October 25, 2023in Industry News
Retailers pivot in fast-moving trans-Pacific as carriers accelerate blank sailings Facing the prospects of low single-digit volume growth through the Lunar New Year in February, carriers so far this month have effectively reduced almost 22% of trans-Pacific capacity through blank sailings, according to Sea-Intelligence Maritime Analysis. Retailers pivot in fast-moving trans-Pacific as carriers accelerate blank […]
Read More →Sharing cost burden remains powerful obstacle to shipping decarbonization
on October 25, 2023in Industry News
Sharing cost burden remains powerful obstacle to shipping decarbonization As activity heats up around decarbonization, there remains the stubborn fact that an unofficial law of container shipping, which dictates that shippers will always seek the lowest price or at the very least cost parity with peers, is exerting powerful resistance to the forces of climate […]
Read More →THE Alliance culls US, Europe services amid weak Southeast Asia import demand
on October 24, 2023in Industry News
THE Alliance culls US, Europe services amid weak Southeast Asia import demand The latest service suspensions signal that US and European demand for some Asia-sourced consumer goods will remain tepid following the record spending splurge of the previous two years. THE Alliance culls US, Europe services amid weak Southeast Asia import demand Journal of Commerce
Read More →No escaping the truckload market’s inherent fragmentation for Convoy
on October 24, 2023in Industry News
No escaping the truckload market’s inherent fragmentation for Convoy The demise of truckload broker Convoy has highlighted how difficult it is to create differentiation in a market with no dominant player, with Convoy itself to blame for stoking more competition through its technology focus. No escaping the truckload market’s inherent fragmentation for Convoy Journal of […]
Read More →DSV signs onto $10 billion JV linked to Saudi-backed NEOM port project
on October 24, 2023in Industry News
DSV signs onto billion JV linked to Saudi-backed NEOM port project The announcement was made simultaneously with the forwarder releasing its nine-month financial results that reflected softening air and ocean markets, dragging down profitability from last year’s record performance. DSV signs onto billion JV linked to Saudi-backed NEOM port project Journal of Commerce
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