Small forwarders, technology vendors link up in pursuit of new products Partnerships between small forwarders and early-stage software vendors offer a symbiotic opportunity to shape product direction that is not possible with more established technology providers. Small forwarders, technology vendors link up in pursuit of new products Journal of Commerce
Read More →Small forwarders, technology vendors link up in pursuit of new products
on December 30, 2022in Industry News
Record trans-Pacific freight growth to recede in 2023
on December 30, 2022in Industry News
Record trans-Pacific freight growth to recede in 2023 Inflation and high interest rates mean consumers have less buying power and will spend less, driving shipping profits down in the year to come. Record trans-Pacific freight growth to recede in 2023 Journal of Commerce
Read More →Vessel delays mount at Chinese ports amid bad weather, COVID-19 surge
on December 30, 2022in Industry News
Vessel delays mount at Chinese ports amid bad weather, COVID-19 surge Congestion and vessel queues at Chinese ports could worsen in the run-up to the start of the Lunar New Year on Jan. 22 as COVID-19 infections continue to surge, affecting the number of dockers turning up for work. Vessel delays mount at Chinese ports […]
Read More →Developers warn that US warehousing constraints will get tighter
on December 30, 2022in Industry News
Developers warn that US warehousing constraints will get tighter Warehousing capacity in the US is predicted to get tighter as 2023 progresses despite the substantial number of distribution and warehousing construction projects under way and efforts to reduce inventories. Developers warn that US warehousing constraints will get tighter Journal of Commerce
Read More →Houston to start charging long-dwell fee from Feb. 1
on December 29, 2022in Industry News
Houston to start charging long-dwell fee from Feb. 1 The Port of Houston said it has resolved the software issues that will allow it to proceed with an additional fee on import containers dwelling eight days or longer at its marine terminals. Houston to start charging long-dwell fee from Feb. 1 Journal of Commerce
Read More →Norfolk Southern to shut container spillover lot near Memphis
on December 29, 2022in Industry News
Norfolk Southern to shut container spillover lot near Memphis Norfolk Southern Railway will shut one of two container spillover lots outside Memphis this week after a significant reduction in rail boxes coming into the inland hub from Savannah. Norfolk Southern to shut container spillover lot near Memphis Journal of Commerce
Read More →Hapag-Lloyd hit with FMC rail demurrage complaint
on December 29, 2022in Industry News
Hapag-Lloyd hit with FMC rail demurrage complaint The filing is just the latest in a barrage of complaints made against various container lines with the FMC in recent months, a flurry accelerated by major reform of US shipping law that went into effect in June. Hapag-Lloyd hit with FMC rail demurrage complaint Journal of Commerce
Read More →Southeast US ports adding capacity to handle long-term volume growth
on December 29, 2022in Industry News
Southeast US ports adding capacity to handle long-term volume growth Southeastern US ports are anticipating a volume slowdown in 2023, and hope to take the time to increase capacity ahead of the next surge in demand. Southeast US ports adding capacity to handle long-term volume growth Journal of Commerce
Read More →Falling US imports drive improved schedule reliability for carriers
on December 28, 2022in Industry News
Falling US imports drive improved schedule reliability for carriers Globally, schedule reliability in November increased in 31 of the 34 trade lanes measured by Sea-Intelligence Maritime Analysis, with 56.6 percent of vessels arriving on time overall. Falling US imports drive improved schedule reliability for carriers Journal of Commerce
Read More →Pandemic profits leave 3PLs well positioned as freight demand wanes
on December 28, 2022in Industry News
Pandemic profits leave 3PLs well positioned as freight demand wanes After two years of record profits, a continued softening of demand and increased competition will put forwarding margins under pressure in the first half of 2023. Pandemic profits leave 3PLs well positioned as freight demand wanes Journal of Commerce
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