Category Archives for Industry News

Inland23: Intermodal providers expect unchanged rates in early 2024 bids If history is any indication, it’s unlikely intermodal providers will be able to implement a rate increase in 2024 contracts until the trucking market rebounds. Inland23: Intermodal providers expect unchanged rates in early 2024 bids Journal of Commerce

Shippers to bring European ETS surcharge into carrier contract talks Cargo owners want complete transparency from carriers in their “emission surcharges” that will be levied on customers from the first quarter of 2024 and are looking at how the surcharges can be handled in long-term rate agreements. Shippers to bring European ETS surcharge into carrier […]

UPS bolsters healthcare business with MNX Global Logistics acquisition The addition of Atlanta-based MNX closely follows an acquisition in France as UPS builds out its expedited and temperature-controlled capabilities in the healthcare sector. UPS bolsters healthcare business with MNX Global Logistics acquisition Journal of Commerce

Inland23: US trucking costs rising amid weak demand Rising labor costs — both behind the wheel and at the warehouse, elevated diesel prices and cross-dock scarcity in major cities are making it more costly to run transportation networks, attendees at the Journal of Commerce’s Inland Distribution Conference were told. Inland23: US trucking costs rising amid […]

Norfolk Southern expands Florida service through deal with FEC  The Class I railroad said it and Florida East Coast Railway are looking to take more trucks off the road with the additional intermodal service offering. Norfolk Southern expands Florida service through deal with FEC Journal of Commerce

Rising green fuel costs offer looming challenge for carriers, BCOs While the costs of meeting shipping’s net-zero 2050 target are expected to run into the trillions, Europe’s emissions trading system presents a more immediate decarbonization cost that awaits European cargo owners in the new year. Rising green fuel costs offer looming challenge for carriers, BCOs […]

New Shanghai product fails to budge skeptical carriers on container futures The concept of widespread use of a hedging tool continues to face an uphill battle within the container sector years after it was introduced, especially among carriers whose buy-in is considered essential to confer legitimacy on the fledging market. New Shanghai product fails to […]

New Shanghai contract fails to budge skeptical carriers on container futures The concept of widespread use of a hedging tool continues to face an uphill battle within the container sector years after it was introduced, especially among carriers whose buy-in is considered essential to confer legitimacy on the fledging market. New Shanghai contract fails to […]

Montreal’s uncertain mega-project opens window for Halifax, Saint John Halifax and Saint John are expanding their container terminals as Class I railroads see an opportunity to serve major inland destinations from the Eastern Canadian ports. Montreal’s uncertain mega-project opens window for Halifax, Saint John Journal of Commerce

Inland23: Industry not holding its breath for immediate freight recovery A muted peak and post-peak season for imports and intermodal activity has shippers and service providers eyeing a freight rebound no earlier than late 2024. Inland23: Industry not holding its breath for immediate freight recovery Journal of Commerce