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Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest The loss of the third-largest US less-than-truckload carrier is hitting a broad tranche of smaller, less sophisticated shippers hard as they struggle with volatile rate hikes, logistics providers say. Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest Journal of Commerce

Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner Ocean rates for North Europe to North America have fallen significantly below pre-pandemic levels on some of the trade lane indices after a wild three-year ride that took container shipping prices to record levels. Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner Journal of Commerce

Hot summer turning up climate change heat on supply chains Familiar reminders of the disruptions to supply chains caused by climate change, such as low water levels on the Rhine River and in the Panama Canal, and wildfires in North America, are becoming more frequent and intense. Hot summer turning up climate change heat on […]

EU carbon tax’s long reach to affect global rates, vessel deployments: analyst Inclusion in the European Union’s emissions trading system will affect not only the cost of shipping to and from the EU, but will likely put upward pressure on pricing for cargo that doesn’t touch the EU at all, writes analyst Lars Jensen. EU […]

House bill would allow use of tax-deferred income to fund cargo equipment upgrades The National Association of Waterfront Employees says terminal operators are potentially on the hook for “tens of billions of dollars” to upgrade their cargo handling equipment and allowing them to use tax-deferred funds would increase their purchasing power. House bill would allow […]

Disruptive 2022 does little to upset global container port rankings Half of the world’s top 50 container ports grew their volumes last year while the other half saw declines, highlighting the contrasting fortunes of the global gateways. Disruptive 2022 does little to upset global container port rankings Journal of Commerce

Tough market conditions slow DHL’s H1 profitability A challenging operating environment pulled down revenue and earnings at DHL, but the Germany-based integrator remains in a highly profitable position ahead of an uncertain second half. Tough market conditions slow DHL’s H1 profitability Journal of Commerce

Europe pulls ahead of US as key lane for South America container trade The value of Brazil’s exports to European and Mediterranean countries is rising faster than those to the US, while Europe is also increasingly taking a greater share of Brazilian exports in percentage terms, trade figures show. Europe pulls ahead of US as […]

Western Canada port operations normal as next union contract vote looms Negotiators for ILWU Canada and waterfront employers reached a second tentative contract agreement late Sunday after the union’s membership rejected an initial deal that had been struck last week. Western Canada port operations normal as next union contract vote looms Journal of Commerce

TForce Freight employees ratify five-year contract with Teamsters US shippers gained some security in the LTL market as Teamsters at TForce approved a new contract with the LTL carrier. TForce Freight employees ratify five-year contract with Teamsters Journal of Commerce