Carrier competition to intensify with EU anti-trust, alliance changes: Cosco While China’s shipping and ports behemoth was cautious about the outlook for 2024, it said inventory restocking in Europe and the US would drive an increase in demand for container shipping. Carrier competition to intensify with EU anti-trust, alliance changes: Cosco Journal of Commerce
Read More →Carrier competition to intensify with EU anti-trust, alliance changes: Cosco
on March 28, 2024in Industry News
THE Alliance 2025 trans-Pac network touts ‘minimal’ impact of Hapag departure
on March 28, 2024in Industry News
THE Alliance 2025 trans-Pac network touts ‘minimal’ impact of Hapag departure ONE and Yang Ming say the partnership will maintain most of its existing services into next year as it readies for a direct-call model and “speed buffers” to boost schedule reliability. THE Alliance 2025 trans-Pac network touts ‘minimal’ impact of Hapag departure Journal of […]
Read More →OSRA 2.0 bill targets China, leaves shipping antitrust exemption untouched
on March 28, 2024in Industry News
OSRA 2.0 bill targets China, leaves shipping antitrust exemption untouched Recently passed House legislation amending landmark shipping reform takes a hard tact to China’s maritime influence on US ports but holds back on reigning in the limited antitrust exemption container lines use to participate in alliances, writes Executive Editor Mark Szakonyi. OSRA 2.0 bill targets […]
Read More →Ocean carriers trim some ETS surcharges for Q2 amid decline in carbon prices
on March 28, 2024in Industry News
Ocean carriers trim some ETS surcharges for Q2 amid decline in carbon prices The cost of compliance with Europe’s carbon tax measure will be cheaper for carriers, and shippers, in the second quarter. Ocean carriers trim some ETS surcharges for Q2 amid decline in carbon prices Journal of Commerce
Read More →Northeast ports prepare for Baltimore-bound freight as shippers scramble
on March 27, 2024in Industry News
Northeast ports prepare for Baltimore-bound freight as shippers scramble Some of the 18 container ships that were due to arrive at the now-closed Port of Baltimore over the next couple of weeks are now scheduled for new calls at New Jersey, Norfolk and Philadelphia. Northeast ports prepare for Baltimore-bound freight as shippers scramble Journal of […]
Read More →Trucking squeezed, but not crushed, by Baltimore port closure
on March 27, 2024in Industry News
Trucking squeezed, but not crushed, by Baltimore port closure Freight diversions to more distant ports will raise trucking costs for US importers and shippers, but excess truckload capacity is expected to dilute the disruption. Trucking squeezed, but not crushed, by Baltimore port closure Journal of Commerce
Read More →US judge throws out Yellow’s $137 million lawsuit against Teamsters
on March 27, 2024in Industry News
US judge throws out Yellow’s 7 million lawsuit against Teamsters The bankrupt LTL provider failed to exhaust grievance procedures in its own contract as it battled the Teamsters over restructuring plans, a US District Court ruled. US judge throws out Yellow’s 7 million lawsuit against Teamsters Journal of Commerce
Read More →Downward shift in India-Europe spot rates continues amid capacity glut
on March 27, 2024in Industry News
Downward shift in India-Europe spot rates continues amid capacity glut Still, forwarders generally believe that while prices have room to fall further, it’s unlikely the market will return to the end-2023 pre-crisis pricing trendline so long as the uncertain security situation in the Red Sea persists. Downward shift in India-Europe spot rates continues amid capacity […]
Read More →Maersk integrator strategy under growing scrutiny amid DB Schenker interest
on March 27, 2024in Industry News
Maersk integrator strategy under growing scrutiny amid DB Schenker interest Maersk has been a lone exception to the truism that customer demands for neutrality inevitably lead carrier-owned forwarders to be structurally independent. Maersk integrator strategy under growing scrutiny amid DB Schenker interest Journal of Commerce
Read More →Maersk integrator strategy under growing scrutiny amid tepid results
on March 27, 2024in Industry News
Maersk integrator strategy under growing scrutiny amid tepid results Maersk has been a lone exception to the truism that customer demands for neutrality inevitably lead carrier-owned forwarders to be structurally independent. Maersk integrator strategy under growing scrutiny amid tepid results Journal of Commerce
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