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Surging e-commerce demand lifts Hong Kong air cargo into peak season Online shopping in North America and Europe has generated huge air freight volume out of China, with demand expected to continue past the Lunar New Year in February. Surging e-commerce demand lifts Hong Kong air cargo into peak season Journal of Commerce

Uncertainty over Inflation Reduction Act slows US onshore, offshore wind projects Existing wind-related manufacturing capacity in the US struggles to meet the local content requirements of the measure, frustrating would-be developers and pushing away some early investors. Uncertainty over Inflation Reduction Act slows US onshore, offshore wind projects Journal of Commerce

Breakbulk shippers prep for EU ETS implementation as new cost structure dawns Multipurpose and heavy-lift and ro/ro carriers are weighing whether to pass on the costs of EU emissions allowances by using surcharges or all-in freight rates. Breakbulk shippers prep for EU ETS implementation as new cost structure dawns Journal of Commerce

Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions While shippers adapt to the complicated market environment in the short term, they are also casting a wary eye on annual service contract negotiations with carriers that will heat up early next year. Trans-Pacific spot rates explode amid accelerating Red Sea carrier diversions Journal of […]

CPKC implements embargo on Mexico-bound empty containers in Laredo With CPKC competitors BNSF and UP unable to send or receive cargo because of the border closures at El Paso and Eagle Pass, they might be tempted to send containers through CPKC’s still-opened Laredo crossing. CPKC implements embargo on Mexico-bound empty containers in Laredo Journal of Commerce

Port NOLA gets federal funds to launch construction of mega-terminal The proposed 2-million-TEU container terminal would be situated downriver from New Orleans where ships won’t face the air-draft restrictions of the Crescent City Connection bridge that spans the Mississippi River. Port NOLA gets federal funds to launch construction of mega-terminal Journal of Commerce

Yellow sells 23 leased terminals to big LTL carriers for .9 million Six large US LTL carriers, led by Saia and Estes, acquired a small portion of Yellow’s remaining facilities at auction this week, keeping the lion’s share of properties sold to date out of the hands of developers. Yellow sells 23 leased terminals to […]

Container lines unleash surcharges linked to Red Sea diversions as spot rates jump The anticipated costs to shippers of the Red Sea crisis are becoming clearer, with spot rates up sharply and rate hikes and surcharges announced by ocean carriers. Container lines unleash surcharges linked to Red Sea diversions as spot rates jump Journal of […]

Container lines unleash surcharges linked to Red Sea diversions The anticipated costs to shippers of the Red Sea crisis are becoming clearer, with rate hikes and surcharges announced by ocean carriers. Container lines unleash surcharges linked to Red Sea diversions Journal of Commerce

California’s clean air deadlines ‘unrealistic’ without more financial resources: coalition Freight transportation interests say the lack of technological and financial support they need to meet the state’s clean air rules is putting “aggressive” zero-emission deadlines in doubt. California’s clean air deadlines ‘unrealistic’ without more financial resources: coalition Journal of Commerce