Trans-Pacific recovery could be more than a year away: analyst Declining freight volumes and spot rates at pre-pandemic levels indicate the trans-Pacific will experience a “hard landing” in the coming months, an industry analyst said. Trans-Pacific recovery could be more than a year away: analyst Journal of Commerce
Read More →Ocean Alliance upsizes trans-Atlantic route amid rate strength
on December 2, 2022in Industry News
Ocean Alliance upsizes trans-Atlantic route amid rate strength Ocean Alliance members are shifting post-Panamax ships away from the trans-Pacific and Asia–Europe trades to the trans-Atlantic amid buoyant demand and rates. Ocean Alliance upsizes trans-Atlantic route amid rate strength Journal of Commerce
Read More →Transportation hiring surge falls short in November
on December 2, 2022in Industry News
Transportation hiring surge falls short in November Hiring expectations fell short across many transportation sectors in November, with real trucking employment dropping while warehousing firms and couriers added workers. Transportation hiring surge falls short in November Journal of Commerce
Read More →Intermarine partners with Thailand-based project specialist on new Asia JV
on December 2, 2022in Industry News
Intermarine partners with Thailand-based project specialist on new Asia JV US-based MPV operator Intermarine is expanding into Asia and Europe via a partnership with Thailand’s WeShip. Intermarine partners with Thailand-based project specialist on new Asia JV Journal of Commerce
Read More →Trailer makers boosting production as orders soar
on December 2, 2022in Industry News
Trailer makers boosting production as orders soar Stubbornly strong industrial output and pent-up demand are expected to keep pressure on trailer manufacturers to increase supply, even during a US economic slowdown. Trailer makers boosting production as orders soar Journal of Commerce
Read More →No seasonal uplift as air cargo market deteriorates further
on December 2, 2022in Industry News
No seasonal uplift as air cargo market deteriorates further Dismal November air cargo data has all but assured a weak end to 2022 with no sign of a seasonal uplift in demand or rate levels from an oversupplied market. No seasonal uplift as air cargo market deteriorates further Journal of Commerce
Read More →ONE the latest to open India-Middle East string amid trade boost signals
on December 2, 2022in Industry News
ONE the latest to open India-Middle East string amid trade boost signals An economic partnership agreement signed earlier this year between India and the United Arab Emirates is driving new trade opportunities, prompting ocean carriers to boost service between the two countries. ONE the latest to open India-Middle East string amid trade boost signals Journal […]
Read More →Turbo-charged logistics tech faces reckoning: analyst
on December 2, 2022in Industry News
Turbo-charged logistics tech faces reckoning: analyst The unprecedented infusion of cash into supply chain technology development over the past two years was akin to putting the sector on a diet of steroids, writes JOC analyst Lars Jensen. Turbo-charged logistics tech faces reckoning: analyst Journal of Commerce
Read More →Trans-Pac service contracts renegotiated lower to reflect changed market
on December 1, 2022in Industry News
Trans-Pac service contracts renegotiated lower to reflect changed market Freight rates in many eastbound trans-Pacific service contracts have been renegotiated lower as carriers seek to prevent customers from bailing on them to take advantage of plunging spot rates. Trans-Pac service contracts renegotiated lower to reflect changed market Journal of Commerce
Read More →Louisiana funds new transload facility for Port NOLA
on December 1, 2022in Industry News
Louisiana funds new transload facility for Port NOLA The short-line rail operator for the Port of New Orleans has received a state grant that will fund a new transload facility offering faster access to major highways. Louisiana funds new transload facility for Port NOLA Journal of Commerce
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