Brazil–US freight rates spike amid tight capacity, port congestion Northbound capacity from Brazil to the US is tight due to ongoing strength in US imports, a reality that has boosted freight rates and is likely to continue until at least the fourth quarter of 2022. Brazil–US freight rates spike amid tight capacity, port congestion Journal […]
Read More →DB Schenker to buy USA Truck for $435 million
on June 24, 2022in Industry News
DB Schenker to buy USA Truck for 5 million European logistics company DB Schenker will offer US shippers a more integrated package of domestic and international services by adding truckload carrier USA Truck to its Land Transport division. DB Schenker to buy USA Truck for 5 million Journal of Commerce
Read More →Strong perishables exports spur South America–Asia capacity hikes
on June 24, 2022in Industry News
Strong perishables exports spur South America–Asia capacity hikes Carriers are deploying extra capacity and launching new services to accommodate strong exports of produce and seafood from the west coast of South America to Asia and the Mediterranean. Strong perishables exports spur South America–Asia capacity hikes Journal of Commerce
Read More →No short-term fix seen for US chassis shortage
on June 22, 2022in Industry News
No short-term fix seen for US chassis shortage US retailers’ stockpiling of inventory has not only swelled the number of import boxes sitting on marine terminals and railheads, it has also left thousands of chassis idled with unopened containers on top of them at distribution centers around the country. No short-term fix seen for US […]
Read More →New partnership gives FourKites access to FedEx data trove
on June 21, 2022in Industry News
New partnership gives FourKites access to FedEx data trove FourKites will get access to previously internal shipment data from FedEx to train its predictive visibility system as part of a new planning and problem resolution platform called FourKites X. New partnership gives FourKites access to FedEx data trove Journal of Commerce
Read More →European tech provider targeting US container release bottlenecks
on June 17, 2022in Industry News
European tech provider targeting US container release bottlenecks Import automation provider Flowfox is working with some of the largest container lines and global forwarders to adapt its European container release product to US needs. European tech provider targeting US container release bottlenecks Journal of Commerce
Read More →Top US Shippers: Paper, forest product exports still reeling from China bans
on June 15, 2022in Industry News
Top US Shippers: Paper, forest product exports still reeling from China bans Paper and forest product exports continue to drop as exporters face delays both at home and abroad getting their goods to customers. Top US Shippers: Paper, forest product exports still reeling from China bans Journal of Commerce
Read More →Chain.io channels logistics integration needs into fresh venture investment
on June 15, 2022in Industry News
Chain.io channels logistics integration needs into fresh venture investment Chain.io has landed an $11 million funding round to expand its basket of logistics-specific integrations to transportation management and operating systems used by forwarders and shippers. Chain.io channels logistics integration needs into fresh venture investment Journal of Commerce
Read More →Top US Shippers: Housing starts, rising values lift household goods imports
on June 14, 2022in Industry News
Top US Shippers: Housing starts, rising values lift household goods imports Sustained growth in new home construction and remodeling that drove seemingly insatiable consumer demand for household goods last year has continued in 2022. Top US Shippers: Housing starts, rising values lift household goods imports Journal of Commerce
Read More →Chaotic breakbulk market won’t return to pre-pandemic norms
on June 13, 2022in Industry News
Chaotic breakbulk market won’t return to pre-pandemic norms The outlook for project cargo demand is bright, but tight capacity, congestion, high costs, and low schedule reliability will likely persist in the breakbulk sector. Chaotic breakbulk market won’t return to pre-pandemic norms Journal of Commerce
Read More →Recent Posts
-
Strong imports, low blanks extend peak season on e…
Strong imports, low blanks extend peak season on e…
-
Value of Schenker takeover will manifest in expand…
Value of Schenker takeover will manifest in expand…
-
DSV, K+N post solid Q3 revenue gains, but profit m…
DSV, K+N post solid Q3 revenue gains, but profit m…
-
Government, board approvals clear way for DSV-DB S…
Government, board approvals clear way for DSV-DB S…
-
DB Schenker customers spooked by DSV takeover welc…
DB Schenker customers spooked by DSV takeover welc…