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Signs of stronger US trade set stage for trans-Pac contracting A pre-Lunar New Year surge of imports in January has emboldened carriers in the eastbound trans-Pacific to restore rates to compensatory levels as they enter into preliminary service contract negotiations with importers in the coming… Signs of stronger US trade set stage for trans-Pac contracting […]

Freight payment providers capitalize on US trade uncertainty Growing volatility in freight rates and future changes in supply chains that result from major revisions in the North American Free Trade Agreement or other trade agreements create a bigger market for electronic audit and payment services. But only those that have invested in a growing gamut […]

Bradley Jacobs beats the odds Several illustrious leaders have transformed the US freight transportation industry since the early 1900s. The contribution of these leaders — Jim Casey of UPS, Fred Smith of FedEx, J.B. Hunt of J.B. Hunt Transport, and Daniel Sullivan of Roadway Package System (now FedEx Ground) among them —is well-known to those… […]

FMC set to scrap 30-day service contract amendment rule WASHINGTON — US maritime regulators are preparing to scrap a rule requiring ocean carriers report amendments to service contracts before they go into effect, as part of a broader attempt to save shippers, carriers, and NVOCCs… FMC set to scrap 30-day service contract amendment rule Journal […]

Indian logistics companies ride trade recovery India’s leading transportation and logistics companies booked healthy results in the third fiscal quarter compared to the second, mirroring the recovery in the country’s trade, which went from negative to positive growth quarter to quarter. Imports measure… Indian logistics companies ride trade recovery Journal of Commerce

Container volume growth absorbed by existing fleet Greater utilization on existing vessels appears to have absorbed the 4 percent growth in global container volumes during the fourth quarter of 2016, with the rising box numbers not translating into increased demand for container ships, according to… Container volume growth absorbed by existing fleet Journal of Commerce

Stronger freight demand lifting US inventories US business inventories are rising amid signs freight is flowing more freely through supply chains, rather than piling up in high stacks of goods at warehouses. Total business sales increased 2 percent in December from November and 5.2 percent year-over-year, the US Census Bureau said Wednesday. Although business inventories […]

Politics, economics collide at US-Mexico truck crossings The long-simmering question of whether Mexican trucks should be allowed to operate beyond a 25-mile border commercial zone is heating up again in a US court and in Washington as the Trump administration prepares to renegotiate the North American Free Trade Agreement. Whatever federal judges or trade negotiators […]

NVOs gaining larger share of Asia imports to US Non-vessel-operating common carriers are handling more and more Asian imports to the United States, now nearly 43 percent compared to 29 percent a decade ago, as even the largest container lines are unable to satisfy… NVOs gaining larger share of Asia imports to US Journal of […]

Is there a container shortage brewing in the market? Some believe that due to a variety of factors, including new Chinese factory regulations and current robust Europe to Asia volumes, a container shortage could emerge this spring, making it difficult for beneficial cargo owners to find equipment to move shipments. There are clear signs of […]