Ocean carriers face new FMC rules on dealing with US exporters The Federal Maritime Commission has set out the guidelines ocean carriers will need to follow to avoid claims from exporters that they are not being treated fairly. Ocean carriers face new FMC rules on dealing with US exporters Journal of Commerce
Read More →Expect rising air cargo rates through second half of year: DHL index
on July 22, 2024in Industry News
Expect rising air cargo rates through second half of year: DHL index The second half of 2024 is not likely to bring rate relief for shippers forced into the air by geopolitical events and trade tensions between the US and China. Expect rising air cargo rates through second half of year: DHL index Journal of […]
Read More →H1 breakbulk, ro/ro tonnage down at Rotterdam, Antwerp-Bruges
on July 22, 2024in Industry News
H1 breakbulk, ro/ro tonnage down at Rotterdam, Antwerp-Bruges Weaker demand, congestion and supply chain disruptions held back volumes at two of Europe’s largest breakbulk ports during the first six months of the year. H1 breakbulk, ro/ro tonnage down at Rotterdam, Antwerp-Bruges Journal of Commerce
Read More →Contract flexibility offers release valve for pressure of spot rate swings
on July 22, 2024in Industry News
Contract flexibility offers release valve for pressure of spot rate swings Ocean carriers and cargo owners should recognize that a very large gap between contract and spot rates creates stress and that it’s pragmatic to incorporate some flexibility into the contract, writes consultant Jeremy Masters. Contract flexibility offers release valve for pressure of spot rate […]
Read More →Weak demand, oversupply leave US truckload providers cautious about H2
on July 19, 2024in Industry News
Weak demand, oversupply leave US truckload providers cautious about H2 Carriers such as J.B. Hunt Transport Services are pressing shippers for more detailed forecasts as they look to realign capacity and demand. Weak demand, oversupply leave US truckload providers cautious about H2 Journal of Commerce
Read More →Weak demand, oversupply leave US truckload providers cautious about H2 outlook
on July 19, 2024in Industry News
Weak demand, oversupply leave US truckload providers cautious about H2 outlook Carriers such as J.B. Hunt Transport Services are pressing shippers for more detailed forecasts as they look to realign capacity and demand. Weak demand, oversupply leave US truckload providers cautious about H2 outlook Journal of Commerce
Read More →Q2 Asian import growth shines light on frontloading by US retailers
on July 19, 2024in Industry News
Q2 Asian import growth shines light on frontloading by US retailers The threat of labor unrest and the increased transit times and costlier voyages on all-water services to the East and Gulf coasts are diverting some discretionary cargo to the West Coast. Q2 Asian import growth shines light on frontloading by US retailers Journal of Commerce
Read More →Milan-Hong Kong route joins growing MSC Air Cargo network
on July 19, 2024in Industry News
Milan-Hong Kong route joins growing MSC Air Cargo network The air freight division of ocean carrier MSC now has a fleet of five branded Boeing 777 freighters that the carrier has deployed across major routes. Milan-Hong Kong route joins growing MSC Air Cargo network Journal of Commerce
Read More →Winners and losers emerging as market settles into long-term Red Sea crisis
on July 19, 2024in Industry News
Winners and losers emerging as market settles into long-term Red Sea crisis The present situation provides a strong competitive advantage for Asian regional carriers who can transit both the Gulf of Aden and the southern Red Sea without being attacked, writes analyst Lars Jensen. Winners and losers emerging as market settles into long-term Red Sea […]
Read More →Houston gets USDA approval to handle cold-treated produce cargoes
on July 19, 2024in Industry News
Houston gets USDA approval to handle cold-treated produce cargoes The certification that Houston can handle cargoes treated for pests while in transit means more fresh produce such as grapes and berries can move quickly through the port. Houston gets USDA approval to handle cold-treated produce cargoes Journal of Commerce
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