New risk factor flares in Middle East after seizure of MSC Aries by Iran The taking of the container ship and its crew by Iranian forces comes as Red Sea attacks on shipping by Tehran-backed Houthi rebels in Yemen have forced virtually all commercial vessels to divert around southern Africa. New risk factor flares in […]
Read More →New risk factor flares in Middle East after seizure of MSC Aries by Iran
on April 15, 2024in Industry News
New risk factor flares in Middle East after seizure of MSC Aires by Iran
on April 15, 2024in Industry News
New risk factor flares in Middle East after seizure of MSC Aires by Iran The taking of the container ship and its crew by Iranian forces comes as Red Sea attacks on shipping by Tehran-backed Houthi rebels in Yemen have forced virtually all commercial vessels to divert around southern Africa. New risk factor flares in […]
Read More →Gemini’s ‘hub-and-spoke’ model aims to eliminate blank sailings: Hapag-Lloyd
on April 15, 2024in Industry News
Gemini’s ‘hub-and-spoke’ model aims to eliminate blank sailings: Hapag-Lloyd The new partnership expects to have enough containers positioned at its major hub ports to keep ships full on its mainline trades, thus eliminating the need to unexpectedly cancel a voyage due to a lack of demand. Gemini’s ‘hub-and-spoke’ model aims to eliminate blank sailings: Hapag-Lloyd […]
Read More →BigLift, CY Shipping expand heavy transport capacity with new orders
on April 15, 2024in Industry News
BigLift, CY Shipping expand heavy transport capacity with new orders The global energy buildout in renewables and oil and gas has spurred the heavy-transport partners to order two new carriers. BigLift, CY Shipping expand heavy transport capacity with new orders Journal of Commerce
Read More →Red Sea diversions, return to Russia transit boosts China-Europe rail volume
on April 15, 2024in Industry News
Red Sea diversions, return to Russia transit boosts China-Europe rail volume Shippers of urgent products have shifted volume from the disrupted China-Europe ocean trades to the rails, while some cargo owners are resuming the northern corridor route via Russia. Red Sea diversions, return to Russia transit boosts China-Europe rail volume Journal of Commerce
Read More →Roadrunner expands in Atlanta with overhaul of former Yellow terminal
on April 12, 2024in Industry News
Roadrunner expands in Atlanta with overhaul of former Yellow terminal A rebuilt facility with 75 dock doors and parking for 300 trailers will anchor Roadrunner’s network in the Southeast as the less-than-truckload carrier expands. Roadrunner expands in Atlanta with overhaul of former Yellow terminal Journal of Commerce
Read More →MPV indices inch higher as global disruptions tighten vessel supply
on April 12, 2024in Industry News
MPV indices inch higher as global disruptions tighten vessel supply Toepfer Transport says improving demand and the ongoing threat to shipping caused by the Houthi militant attacks in the Red Sea region have boosted fleet utilization. MPV indices inch higher as global disruptions tighten vessel supply Journal of Commerce
Read More →US truckload exits slowing, LTL pricing ‘normalizing’ in second quarter
on April 12, 2024in Industry News
US truckload exits slowing, LTL pricing ‘normalizing’ in second quarter Improving economic indicators are drawing small carriers back to trucking, while the LTL market continues settling post-Yellow, analysts told a Journal of Commerce webcast. US truckload exits slowing, LTL pricing ‘normalizing’ in second quarter Journal of Commerce
Read More →OOCL’s first-quarter volume gains offset by falling rates
on April 12, 2024in Industry News
OOCL’s first-quarter volume gains offset by falling rates Ocean carriers have yet to report their Q1 financial results, but the operational update by OOCL is a clear indication that the global supply-demand imbalance remains a challenge. OOCL’s first-quarter volume gains offset by falling rates Journal of Commerce
Read More →Boost in US demand pushes trans-Atlantic Q1 volumes to pre-pandemic levels
on April 12, 2024in Industry News
Boost in US demand pushes trans-Atlantic Q1 volumes to pre-pandemic levels Firm growth in imports from Europe in the first quarter has lifted rates to more sustainable levels for carriers as the trans-Atlantic trade lane appears to have finally turned the page on a dismal 2023. Boost in US demand pushes trans-Atlantic Q1 volumes to […]
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