‘Resilience’ to container shipping shocks fades in post-COVID era Despite the multitude of threats facing ocean shipping, there are indications those disruptions – active or potential — are not influencing the behavior of shippers nearly to the degree some may have hoped after the chaos wrought by the pandemic. ‘Resilience’ to container shipping shocks fades […]
Read More →Peloton slams Flexport over ‘millions’ in D&D charges in FMC complaint
on May 8, 2024in Industry News
Peloton slams Flexport over ‘millions’ in D&D charges in FMC complaint The exercise equipment maker alleged in a complaint to the Federal Maritime Commission that the forwarder failed to meet its obligations under a carrier haulage agreement. Peloton slams Flexport over ‘millions’ in D&D charges in FMC complaint Journal of Commerce
Read More →Strong consumer spending drives another import upgrade from US retailers
on May 8, 2024in Industry News
Strong consumer spending drives another import upgrade from US retailers The National Retail Federation has once again increased its forecast for imports into the 2024 peak shipping season, saying consumer spending remains strong despite geopolitical turmoil and stubbornly high inflation. Strong consumer spending drives another import upgrade from US retailers Journal of Commerce
Read More →MPV carrier Intermarine broadens focus to bulk shipping
on May 8, 2024in Industry News
MPV carrier Intermarine broadens focus to bulk shipping The Houston-based company expands to 30 vessels as it takes on management of six Harren Group bulkers and adds two more MPV ships to its fleet. MPV carrier Intermarine broadens focus to bulk shipping Journal of Commerce
Read More →US import dynamics illustrate mobility, and volatility, of IPI: analyst
on May 8, 2024in Industry News
US import dynamics illustrate mobility, and volatility, of IPI: analyst Changes in container volumes arriving in a particular port are driven by general economic conditions affecting the overall level of imports and the choice of that port as the import gateway for inland regions, writes analyst Larry Gross. US import dynamics illustrate mobility, and volatility, […]
Read More →Vancouver works through rail dwell woes while warily eyeing labor talks
on May 8, 2024in Industry News
Vancouver works through rail dwell woes while warily eyeing labor talks Terminal operators in Vancouver are bracing for a possible strike by railroad conductors and engineers later this month just as the terminals are beginning to experience reduced rail container dwell times. Vancouver works through rail dwell woes while warily eyeing labor talks Journal of […]
Read More →Import demand, weather strains already stretched shipping system
on May 8, 2024in Industry News
Import demand, weather strains already stretched shipping system The strains to the extended container shipping system amid the ongoing Red Sea disruption are showing again, largely due to higher-than-expected demand in Europe and the US for Asia imports. Import demand, weather strains already stretched shipping system Journal of Commerce
Read More →IKEA signs up to use Hapag-Lloyd's green shipping product
on May 8, 2024in Industry News
IKEA signs up to use Hapag-Lloyd’s green shipping product The Sweden-based home furnishings giant expects the green transport option to reduce CO2 emissions from its Asian imports by 100,000 tonnes. IKEA signs up to use Hapag-Lloyd’s green shipping product Journal of Commerce
Read More →Union Pacific wants changes to rail crew rules linked to border crossings
on May 7, 2024in Industry News
Union Pacific wants changes to rail crew rules linked to border crossings US rail unions have opposed measures that would allow Mexican crews to take trains across the border because they are reluctant to relinquish jurisdiction on transits within southern Texas. Union Pacific wants changes to rail crew rules linked to border crossings Journal of […]
Read More →Tepid US consumer confidence keeping clothing imports on the rack
on May 7, 2024in Industry News
Tepid US consumer confidence keeping clothing imports on the rack Clothing imports are rebounding in 2024, but retailers will likely wait for clear signs of demand growth to bring in additional product after a double-digit percentage drop last year. Tepid US consumer confidence keeping clothing imports on the rack Journal of Commerce
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