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Rise in trans-Pacific air freight rates tempered by weak underlying market Rates on the eastbound trans-Pacific are at levels not seen since September 2022, but the indicators suggest the market strength will not extend too far into 2024. Rise in trans-Pacific air freight rates tempered by weak underlying market Journal of Commerce

North Carolina port expands reefer operations with cold treatment facility The facility sets up the Port of Wilmington to become a key point of entry for importers of refrigerated blueberries, grapes, apples, pears, citrus and a broad variety of organics. North Carolina port expands reefer operations with cold treatment facility Journal of Commerce

Shifting geopolitics, climate and labor ratchet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]

Shifting geopolitics, climate and labor rachet up risk for container shipping Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi. Shifting geopolitics, climate and […]

Overcapacity, larger ships mean challenges for carriers, pain for shippers It’s looking like 2024 will follow a familiar script for container shipping, with ocean carriers facing down market challenges by taking action that typically disadvantages their customers, writes Peter Tirschwell. Overcapacity, larger ships mean challenges for carriers, pain for shippers Journal of Commerce

India-US carriers raise GRI hopes for 2024 amid export rebound signs Despite Indian exports picking up, there is skepticism about a rosier 2024 in the wake of multiple potentially disruptive events unfolding in the container shipping industry, including Panama Canal restrictions and recent attacks on commercial shipping in the Red Sea. India-US carriers raise GRI […]

Software vendors seek opportunities in the smaller corners of logistics Cost and long implementation timelines are among the reasons software has been out of reach for smaller shippers, brokers and carriers, a dynamic that newer solutions providers are attempting to change. Software vendors seek opportunities in the smaller corners of logistics Journal of Commerce

North American intermodal headed for down year, but ‘green shoots’ exist: analyst The fundamentals for intermodal demand in 2024 appear to be improving in several important respects, according to analyst Larry Gross, though some adverse long-term fundamentals remain in place. North American intermodal headed for down year, but ‘green shoots’ exist: analyst Journal of Commerce

Reset for wind energy cargo reflects global supply chain realities Although carriers and project forwarders have seen lower wind volumes in some markets this year, the slowdown is bringing the US wind buildout to a more realistic level, stakeholders say. Reset for wind energy cargo reflects global supply chain realities Journal of Commerce

US truckload pricing expected to rise, but trajectory remains unclear Not all industry analysts believe a surge in demand is necessary for US truckload rates to rise in 2024, but some say capacity levels remain too high for a big move upward. US truckload pricing expected to rise, but trajectory remains unclear Journal of Commerce