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Shrinking US manufacturing cuts into truck demand The contraction in US manufacturing that began in late 2022 will help pull down truck tonnage — and perhaps pricing — in the first half of 2023. Shrinking US manufacturing cuts into truck demand Journal of Commerce

New container ship deliveries to exacerbate existing overcapacity Uncertainties around demand and supply are making it hard to gauge both the potential depth of the expected shipping downturn and its duration. New container ship deliveries to exacerbate existing overcapacity Journal of Commerce

Modest predictions for freight transportation as the winds of 2023 begin to blow Some factors, such as the sharper attention both multinationals and smaller mom-and-pop sellers are paying to their supply chains, seem to be charting a new trajectory and are poised to help shape the freight sector this year. Modest predictions for freight transportation […]

FMC’s Bentzel eyes broad changes to ‘free time’ in ocean service contracts An FMC commissioner is targeting free time granted within service contracts, terms that are privately negotiated between carriers and shippers, but which contributed to the lengthy dwelling of containers on US marine terminals over the past two years. FMC’s Bentzel eyes broad changes […]

Slowing US growth expected to increase trans-Atlantic blanks As port congestion eases on the US East Coast and in North Europe, capacity freed from the bottlenecks will add to the fast-growing vessel supply at a time when economic weakness is dragging down demand, with rates certain to follow. Slowing US growth expected to increase trans-Atlantic […]

India-US string the latest to add Jeddah call as carriers scramble for cargo The Indamex 2 string, touted as the fastest connection between West India and the US East Coast, has become the latest routing to bet on a strategy around incremental transshipment cargo opportunities coming from Africa and the Middle East. India-US string the […]

C.H. Robinson searching for new CEO — and new course for growth The change in leadership is likely to accelerate strategic changes in planning and capital spending at C.H. Robinson that have been under way since last March at the urging of investors. C.H. Robinson searching for new CEO — and new course for growth […]

Plenty of work in the pipeline for breakbulk carriers, but rates uncertain Project and breakbulk carriers and logistics service providers have a healthy to-do list of energy-related cargo projects ahead of them; now the question is whether rates and availability will return to pre-pandemic levels. Plenty of work in the pipeline for breakbulk carriers, but […]

European recession dragging down ocean freight demand, rates As consumer spending drags, retailers are having trouble trimming inventories, giving rise to a probable drop in European import volumes at least through the first quarter of the year. European recession dragging down ocean freight demand, rates Journal of Commerce

FMC upholds ruling against Evergreen in May 2020 detention case The FMC’s ruling seemingly strikes a blow to the “once in demurrage, always in demurrage” concept that had given ocean carriers a blank check to assess penalties when a container goes into detention or demurrage, no matter the circumstances. FMC upholds ruling against Evergreen in […]