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Shipper group wants more FMC action on dwell fees, ERDs An advisory group created by the FMC two years ago is pushing the agency to act on several key issues, but some members have expressed frustration over the response from regulators. Shipper group wants more FMC action on dwell fees, ERDs Journal of Commerce

As European recession fears fade, hopes build for restocking surge The European consumer goods and retail sectors are steadily working their way through excess inventory piled up at warehouses, with growing expectations of a second-half return of demand. As European recession fears fade, hopes build for restocking surge Journal of Commerce

MSC makes moves to upsize, launch standalone services The 2M Alliance has closed one of its six Asia-North Europe services as MSC prepares for a wave of megaship capacity to be delivered in the next two months. MSC makes moves to upsize, launch standalone services Journal of Commerce

Shipwell arms ‘underserved’ smaller shippers with automated bidding tool Shippers that often use spreadsheets and small transportation teams to bid and execute freight shipments are the target of a new software tool from technology provider Shipwell. Shipwell arms ‘underserved’ smaller shippers with automated bidding tool Journal of Commerce

US truckload rates drop sharply in February, but not LTL pricing: PPIs Trucking is a tale of two sectors in early 2023, with truckload carriers making more significant contract rate concessions than less-than-truckload companies, according to the US producer price index. US truckload rates drop sharply in February, but not LTL pricing: PPIs Journal of […]

Wan Hai consolidates USEC services as market takes ‘breather’ Wan Hai’s two pandemic-era US East Coast services will be merged in a move designed to provide more regular capacity. Wan Hai consolidates USEC services as market takes ‘breather’ Journal of Commerce

US regulators approve CP-KCS merger to form first US-Canada-Mexico rail In approving the $31 billion merger, the Surface Transportation Board rejected arguments from the FMC and competing railroads that the deal would harm US ports and shippers. US regulators approve CP-KCS merger to form first US-Canada-Mexico rail Journal of Commerce

US regulators approve CP-KC merger to form first US-Canada-Mexico rail In approving the $31 billion merger, the Surface Transportation Board rejected arguments from the FMC and competing railroads that the deal would harm US ports and shippers. US regulators approve CP-KC merger to form first US-Canada-Mexico rail Journal of Commerce

North American longshore labor talks span coast to coast The rare occurrence – in which multiple longshore labor negotiations across North America are taking place either simultaneously or nearly so — is enough to make shippers nervous, or at least wary, writes Journal of Commerce Executive Editor Mark Szakonyi. North American longshore labor talks span […]

Upturned trans-Pacific market delaying service contract deals Some importers who were ready to finalize their contract negotiations with carriers have pulled back because spot rates in the eastbound trans-Pacific continue to the decline. Upturned trans-Pacific market delaying service contract deals Journal of Commerce