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Rate increases manage to slow falling Asia-Europe spot prices Asia-Europe spot rates continue to hit new lows for the calendar year. Another round of rate increases is on the cards for Nov. 1, but success in the current environment can be measured more by how much the increase slows the steady rate decline rather than […]

Brunswick’s expanded ro-ro capacity already committed Mercedes is one of the companies that have gobbled up the new capacity at the Brunswick Colonel Terminal. The Georgia Ports Authority’s (GPA’s) expansion of its roll-on, roll-off (ro-ro) storage capacity at Brunswick Colonel Terminal by 50 percent is already committed to auto shippers, and port officials are evaluating […]

Poor invoicing costs cargo airlines cash and customers It’s been well known that air cargo carriers have struggled with invoice accuracy for years, with legacy systems with limited flexibility, and inherent flaws in the booking process are contributing factors. Only one in four carriers can adjust rates across six or more factors, including market, product, […]

Driver wages and benefits jump, pushing up trucking costs The higher share of cost dedicated to driver wages and benefits illustrates the continued difficulty the trucking industry faces in finding enough drivers. For the second year in a row, truck driver costs represent the highest percentage of overall costs for trucking operators, a report released […]

BCOs face steep price tag for LA-LB clear air rules Toyota is testing a fuel cell truck that emits only water vapor on drayage runs around the Los Angeles-Long Beach port complex. Beneficial cargo owners (BCOs) are on the hook for some of the $4 billion terminal operators at Los Angeles and Long Beach will […]

Amid congestion, Prince Rupert says service restoration on track Container traffic at Prince Rupert has surged 20 percent so far this year. Amid complaints from shippers over congestion delays, the Port of Prince Rupert expects to meet its previously-announced deadline of restored velocity at the Fairview Container Terminal of Oct. 30. Prince Rupert, located 500 […]

Soaring China exports unable to lift spot rates In September, the Port of Long Beach saw container throughput grow by 28.3 percent year-over-year. Credit: POLB Container exports from China shot up by 11.1 percent in September during the healthiest peak season period in years, but the steady decline in freight rates across all trades continued […]

Authorities approve JNPT truck toll hike The vast majority of cargo at Jawaharlal Nehru Port Trust enters and leaves the port by truck. Jawaharlal Nehru Port Trust (JNPT) received final approval from port regulators to levy toll charges for truck cargo gated in and out of terminals at India’s busiest container gateway following months of […]

BCO, carriers conflict on what's market reality Shippers and carriers can’t agree whether the sun is setting or rising on overcapacity and accompanying rate volatility. A global beneficial cargo owner (BCO) said the spot market price per FEU on the all-water trans-Pacific trade was now well below his annual contracted rate despite healthy peak season […]

Asia-Europe rail shippers Czech out Prague for savings Asia-Europe rail services have been expanding to keep up with growing demand. Asia-Europe rail shippers needing to reach Austria, Romania, and Hungary can save up to five hours of transit time and 1,300 to 1,500 euro per container by offloading cargo in Prague, Czech Republic, rather than […]