Specter of port strike looming over as-yet unscathed trans-Atlantic trade Measures to mitigate the impact of a potential labor disruption at US East and Gulf coast ports could cause the trans-Atlantic market to follow the same path as the heavily disrupted trades out of Asia. Specter of port strike looming over as-yet unscathed trans-Atlantic trade […]
Read More →Specter of port strike looming over as-yet unscathed trans-Atlantic trade
on June 13, 2024in Industry News
MSC joins NYSHEX to improve tracking of ocean contract performance
on June 13, 2024in Industry News
MSC joins NYSHEX to improve tracking of ocean contract performance The ocean carrier joins rivals Maersk, CMA CGM and Hapag-Lloyd – all investors in NYSHEX – in using the contract management platform. MSC joins NYSHEX to improve tracking of ocean contract performance Journal of Commerce
Read More →Supply chain automation vendor lands investment to help shippers better use data
on June 13, 2024in Industry News
Supply chain automation vendor lands investment to help shippers better use data CargoSense said the funding will be used to expand its partner ecosystem of integrated management systems and data sources for its shipper customers. Supply chain automation vendor lands investment to help shippers better use data Journal of Commerce
Read More →Signs of container spillover remerging in MPV market
on June 13, 2024in Industry News
Signs of container spillover remerging in MPV market Trade disruption and related congestion, high container rates and tight capacity are pushing shippers to rethink transport modes and make early moves toward revisiting the spillover market seen during the pandemic. Signs of container spillover remerging in MPV market Journal of Commerce
Read More →Port strikes in Germany, France disrupting cargo movement
on June 13, 2024in Industry News
Port strikes in Germany, France disrupting cargo movement Summer strikes have begun in Europe with a series of walkouts causing significant disruption across the main German and French container ports. Port strikes in Germany, France disrupting cargo movement Journal of Commerce
Read More →Far East-India rates hit new recent highs amid ongoing Asia port flow disruptions
on June 13, 2024in Industry News
Far East-India rates hit new recent highs amid ongoing Asia port flow disruptions Large Indian industrial importers, relying heavily on China for input products, have complained that despite shelling out exorbitantly high freight rates, vessel space at load ports continues to be problematic. Far East-India rates hit new recent highs amid ongoing Asia port flow […]
Read More →ILA links contract wage proposal to ocean carriers’ financial results
on June 12, 2024in Industry News
ILA links contract wage proposal to ocean carriers’ financial results The International Longshoremen’s Association cited the “massive profits” ocean carriers have booked in recent years to highlight the wage proposal it plans to push in contract talks with employers. ILA links contract wage proposal to ocean carriers’ financial results Journal of Commerce
Read More →New trans-Pac services point to peak season rebound for ‘under-utilized’ NWSA
on June 12, 2024in Industry News
New trans-Pac services point to peak season rebound for ‘under-utilized’ NWSA With two new services starting up in the past month, the Northwest Seaport Alliance of Seattle and Tacoma anticipates a rebound in imports from Asia this peak season. New trans-Pac services point to peak season rebound for ‘under-utilized’ NWSA Journal of Commerce
Read More →New inland Port of Nevada provides alternative to draying ocean boxes
on June 12, 2024in Industry News
New inland Port of Nevada provides alternative to draying ocean boxes The port is the latest inland location in the western US looking to capitalize on strict regulations in California that are driving up costs for trucking companies. New inland Port of Nevada provides alternative to draying ocean boxes Journal of Commerce
Read More →Robust demand has Asia-Europe carriers pulling capacity, charter levers
on June 12, 2024in Industry News
Robust demand has Asia-Europe carriers pulling capacity, charter levers CMA CGM will deploy an additional seven, 7,000-TEU ships on the Asia-North Europe and Mediterranean trades from June 30 to early September. Photo credit: CMA CGM. Robust demand has Asia-Europe carriers pulling capacity, charter levers Journal of Commerce
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