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We provide our customers with all the information involving drayage and intermodal services both domestic and international.

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FUTURE OF OFORI`S

FUTURE OF OFORI`S

It's our dream to make Oforis Trucking efficient, reliable, and predictable today, while working on some new technologies that will improve our business models for tomorrow.

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YARD STORAGE

YARD STORAGE

Our commitment to providing exceptional yard storage ensures that your experience is efficient and stress-free. Let us take care of your storage needs while you enjoy the benefits of a clutter-free space.

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DELIVERY'S ON TIME

DELIVERY'S ON TIME

Choose us for deliveries that respect your schedule, support your operations, and reflect our unwavering dedication to reliability.

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DRIVE WITH US

DRIVE WITH US

Are you ready to hit the road and turn miles into memories? Join our dynamic team at Oforis Trucking and become a part of a driving experience like no other.

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Welcome to OFORIS TRUCKING

Oforis Trucking keeps customers a priority, fostering those relationships, and building trust so that they know the job will get done on time, at competitive rates, and with the highest of ethics. If you work with us, that means we treat you as family. Our expertise guarantees the best possible results for you and your business. We deliver efficient and professional service you can’t find anywhere else and where you can always return to.

a vehicle grabbing the container

Our Mission Statement

Our unwavering commitment is to provide a seamless, dependable, and efficient logistics experience that establishes us as the trusted choice for all your transportation needs. Rooted in our dedication to excellence, we strive to create a lasting impact by delivering innovative solutions that not only meet but exceed industry standards.

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News

We provide our customers with all the information involving drayage and intermodal services both domestic and international.[ View More News ]

5820605-news

Global shippers’ alliance to launch pioneering e-fuel ocean tender

A group of 40 global shippers has pushed the decarbonization boat further out with its second tender .... [Click Here]

5819857-news

Green ocean corridors hitting ‘feasibility wall’:Global Maritime Forum

Green ocean corridors crucial to decarbonizing container shipping have grown rapidly over the past year.... [Click Here]

5819921-news

US flag vessel owners, investors tout wave of support for expanding fleet

Support from the US government and an increased focus on national security are positioning the US-flag fleet .... [Click Here]

5819920-news

Importers navigate two-year high rail container dwells in Los Angeles-Long Beach

Rail container dwell times at the ports of Los Angeles and Long Beach rose to their highest level in two years .... [Click Here]

5819415-news

Gemini says will use London Gateway for shared network vessel calls

DP World’s London Gateway opened a £350 million ($442 million) all-electric fourth berth last week, the latest step .... [Click Here]

5818486-news

Prolonged US freight ‘recession’ to drag into 2025: transportation executives

CHICAGO — The so-called freight recession may be close to its end, but it is still very much alive ..... [Click Here]

5818380-news

Brazil exports feel impact of congestion woes as empty equipment remains limited

Key ports in Brazil are facing tightened capacity at the tail end of peak season, resulting in skipped calls, rerouted cargo ..... [Click Here]

5818358-news

Cosco shareholders back $2.2 billion order for 12methanol-fueled ships

Cosco Shipping Holdings is backing continued investment in methanol-fueled container ships after shareholders this week ..... [Click Here]

5818307-news

US spot intermodal savings dipped in Q3 but remained above historical norms

Despite rising rail rates in Southern California, intermodal shippers saved more than 20% versus truckload ..... [Click Here]

5817691-news

Hapag-Lloyd sees possible pre-LNY cargo rush amid ‘very healthy’ demand

Hapag-Lloyd could see a cargo rush ahead of the Lunar New Year holidays in January partly due to shippers seeking to beat ..... [Click Here]

5817647-news

Uber Freight opens up truckload capacitynetwork to rival brokers

Uber Freight on Thursday opened its network of truckload carriers to fellow freight brokers under a new product called Broker Access..... [Click Here]

5817584-news

K+N acquires majority stake in big US drayage provider

Kuehne+Nagel said Thursday it has acquired a majority stake in IMC Cos., one of the largest ocean drayage providers in the US ..... [Click Here]

5817574-news

New precedent established for politics to drive longshore union negotiations

Following President Joe Biden’s intervention in October to end the brief strike at East and Gulf coast ports ..... [Click Here]

5810473-news

BC ports to reopen, but longshore union planschallenge to back-to-work order

Longshore foremen at British Columbia ports plan a legal challenge against a government order for them to return ..... [Click Here]

5810460-news

Panama Canal chief offers land bridge option to transship containers across isthmus

The Panama Canal Authority (ACP) is looking for more than $1 billion in funding to develop an over-the-road network connecting the Pacific and ..... [Click Here]

5810416-news

Evergreen, HMM follow peers in reportingbumper Q3 profits

Rocketing freight rates and a raft of new services helped propel Taiwan’s Evergreen Marine and South Korean carrier HMM to a bumper..... [Click Here]

5810392-news

ILA breaks off contract talks, accuses USMX of semi-automation push

The International Longshoremen’s Association (ILA) said Wednesday it has halted negotiations with maritime employers over a new master contract due..... [Click Here]

5810373-news

DAT, Keelvar integrate on truckload rate benchmarking for shippers

CFreight procurement software provider Keelvar has integrated spot and contract truckload pricing data from DAT Freight & Analytics into its platform..... [Click Here]

5810327-news

US truckload spot rates to benefit from ‘tailwinds’ as 2025 progresses

The so-called freight recession may have a quarter or two to go, but the US trucking industry’s rate recession is over...... [Click Here]

Containers

Bentzel leaving FMC for executive role withmaritime trade groups

Carl Bentzel will be stepping down as a commissioner on the US Federal Maritime Commission (FMC) to move into the private sector, leaving the incoming..... [Click Here]

Montreal ports

BC, Montreal ports set to reopen under ordersfrom Canada’s labor chief

Canada’s Labor Minister on Tuesday took direct action to end coast-to-coast port closures by ordering binding arbitration in contract disputes between maritime..... [Click Here]

Yang Ming Cargo

Yang Ming, Wan Hai see Q3 net profit outpacefirst half on demand, higher rates

Two of Taiwan’s largest carriers — Yang Ming Marine Transport and Wan Hai Lines — saw net profit surge in the third quarter, outpacing their first-half results..... [Click Here]

CMA CGM Cargo

CMA CGM does U-turn on Suez Canal resumptionfor Indamex service

Just days after announcing it would send its key India-US Indamex service back through the Suez Canal, CMA CGM has reversed course and instead will maintain..... [Click Here]

Containers

CPKC, CSX to launch joint Mexico-Southeast USservice Dec. 1

Canadian Pacific Kansas City (CPKC) and CSX Transportation will launch a new cross-border rail service on Dec. 1, connecting Mexico to the US Southeast..... [Click Here]

steady cargo

MPV stability underscored by steady cargodemand

Steady breakbulk and project cargo demand and a lack of specialized multipurpose vessel (MPV) capacity are keeping MPV charter rates steady at levels well above..... [Click Here]

Cargo ship

CMA CGM profits soar on higher pricing, earlypeak seasons

CMA CGM on Friday reported a six-fold surge in group net profit to $2.7 billion in the third quarter, as revenue increased by more the one-third on stronger container pricing power..... [Click Here]

LNG plant project

Second Trump term fears blow through breakbulksector

If President-elect Donald Trump delivers his agenda as promised, the breakbulk and project cargo sector could experience dramatic shifts related to offshore energy..... [Click Here]

Factory

US retailers ramping up year-end imports aheadof strike, tariff threats

US retailers in November and December plan to import 350,000 TEUs more than they had expected a month ago as they rush to bring merchandise into the country ahead..... [Click Here]

Port lockouts

Port lockouts extend from BC ports to Montreal

The outlook for an end to the shutdown of Canada’s first, second and fourth-largest ports darkened over the weekend, after British Columbia foremen..... [Click Here]

Cargo ship

CMA CGM reinstates Suez transits on India-USroute

CMA CGM has taken the lead among major carriers in reinstating the traditional — and significantly shorter — Suez Canal route that the vast majority of vessels abandoned in late 2023..... [Click Here]

truck

Large carrier truckload capacity stabilizingalongside rates

The long, steep slide in the Journal of Commerce Truckload Capacity Index (TCI), a measure of trucks fielded by large companies, almost came to a halt in the third quarter..... [Click Here]

Cargo ship

Early Lunar New Year, tariffs, strike risk underpinQ4 strength in ocean freight

Waltham, MASSACHUSETTS — The confluence of strong pre-Lunar New Year cargo bookings, worries over new US tariffs and the potential for another work stoppage along the US East..... [Click Here]

rail strike

Intermodal bent, but didn’t break, during recentdisruptive events: analyst

In one of Sir Arthur Conan Doyle’s famous Sherlock Holmes short stories, “Silver Blaze” — a mystery involving the disappearance of a famous racehorse and the death of its trainer..... [Click Here]

sagging cargo

India-USEC rates hit four-month low amidsagging cargo volumes: forwarders

Container lines on the India-US trades are navigating intense rate pressure amid the downturn in headhaul volumes, according to local market updates..... [Click Here]

Cargo ships

‘Calm’ trans-Atlantic ocean trade shrugs offmarket disruption

The trans-Atlantic ocean corridor has returned to the “calm waters” mode that typically characterizes the westbound trade lane.... [Click Here]

Employer-labor tensions

Employer-labor tensions in North Americadisrupting more cargo

That six port worker unions stretching across North America were all negotiating their contracts over approximately the last 18 months was a fluke of timing..... [Click Here]

Northbound trucks

More efficient cross-border networks needed asUS-Mexico trade rises

Rapid growth in US-Mexico trade is forcing a maturation of cross-border supply chain networks that logistics executives say will be critical as freight volumes rise.... [Click Here]

Cargo ship

Hapag-Lloyd makes $4 billion move down LNGpath with 24-ship dual-fuel order

Hapag-Lloyd has placed a $4 billion order for 24 new dual-fuel ships capable of running on liquefied natural gas (LNG) that will be used to both expand existing services and replace older tonnage...... [Click Here]

Air cargo

Air cargo peak season elevates as Chinese exportrates hit 2024 high

Average air cargo rates from China to North America and Europe have hit their highest levels this year as peak season demand and cargo flows in preparation..... [Click Here]

Containers

BCOs should forsake ‘revenge’ to build ‘collaborative’ relationships with carriers

More than a year after global health agencies declared an end to the COVID-19 pandemic and nearly three years after the peak of the supply chain impact, the scars in the ocean..... [Click Here]

Longshore Labor

Ships waiting out BC port closures in hopes ofquick deal with longshore union

A growing number of container ships on Tuesday were waiting out the labor lockout at British Columbia ports in hopes of a speedy resolution..... [Click Here]

Containers

East China Sea container traffic facing delays,port congestion after typhoon

Container shipping services in the East China Sea are facing ongoing disruption amid port congestion and vessel delays from the impact of Typhoon Kong-rey..... [Click Here]

Port AREA

Carriers revamp services amid port congestion inMexico, Central America

Ocean carriers are experiencing extensive delays at ports in Mexico and Central America, which is leading several liners to revamp services or implement contingency plans to maintain reliability..... [Click Here]

Old Train

North American railroads have ambitious plans towin share from trucks in Mexico

The Mexican sourcing market has become increasingly important to North American importers amid the rising threat of tariffs on goods from China..... [Click Here]

Project Cargo

Stream of oil and gas business keeps projectsector humming

Reports of the demise of fossil fuels — and, by extension, the oil and gas project cargo market — may have been exaggerated, or at the very least, a bit premature..... [Click Here]

Port AREA (5785499)

BC container ports set for shutdown afterforemen begin strike

British Columbia’s container ports are set for an indefinite shut down this week as maritime employers planned to lock out longshore foremen after they began a strike Monday..... [Click Here]

Gas Plant (5785045)

North American projects provide lifeline for industrial gas suppliers

Economic uncertainties including geopolitical tensions and lower commodity prices are creating headwinds for global industrial gas suppliers while they look to North American project investment for a boost as they approach the end of the fiscal .... [Click Here]

Ship Scrapyard (5785020)

Scrapping, slow steaming, demand will limitcapacity overhang: Clerc

Ocean carriers are on track to nearly double profit levels this year, and despite a wide supply-demand imbalance through 2025 .... [Click Here]

Tech illustration (5783930)

Payment technology adapting to account for smaller invoice inaccuracies

Freight audit and payment has traditionally been about searching for the “big bang” invoice inaccuracies over correcting the litany of “small potatoes” errors .... [Click Here]

Port Area (5784004)

BC container ports ready to lock out longshore foremen after strike vote

British Columbia’s maritime employers said Friday they are prepared to lock out longshore foremen by Monday after their union provided a notice to strike, a move that would shut down container.... [Click Here]

Equipment Unload From RoRo (5783980)

Ro/ro operators bank on recovery in ‘high-and- heavy’ market

Roll-on/roll-off (ro/ro) vessel operators are expecting a rebound in “high-and-heavy” cargo volumes next year on stronger exports from China and rising global demand in the construction and mining industries .... [Click Here]

Container Ship Disembark on the port (5783930)

Network realignment shines light on hub-focused product vs. direct calls

As we enter the final months of 2024, there is increased focus on the question of whether the Gemini Cooperation alliance of Maersk and Hapag-Lloyd — launching in February — can deliver on its promise of 90% .... [Click Here]

Hawler (5783875)

Smaller US LTL carriers increasingly merging in‘sink or swim’ market

Merger and acquisition activity in the already highly-consolidated US less-than-truckload (LTL) market is picking up speed — not from the top down, but from the bottom up.... [Click Here]

Container Ship (5783839)

Gemini faces 13-week phase-in before 90%reliability promise is tested: Clerc

Gemini Cooperation will have a 13-week window from Feb. 1 to get the new network up and running before partners Maersk and Hapag-Lloyd come under pressure to prove they can deliver on the promised 90% schedule reliability .... [Click Here]

Set of Container Van (5700548)

Hub Group’s Q3 intermodal volumes jump amid cargo frontloading

Hub Group experienced double-digit growth in its intermodal volumes for the third quarter, but cautioned that a frontloaded peak season may lead to a softer finish to the year.... [Click Here]

Container Yard (5783311)

Montreal warns of vessel diversions as strike against MSC terminals begins

The Port of Montreal is warning that shippers may face diverted cargoes as an indefinite strike began Thursday at two marine terminals handling Mediterranean Shipping Co..... [Click Here]

Container Ship En Route to its position (5783197)

Freight rates supported by bullish fundamentalsto persist through Q4: Matson

Ocean carrier Matson is expecting elevated rates for its Asian services for the rest of the year amid steady e-commerce growth, US tariff threats ..... [Click Here]

Img of One Network Express (5782686)

ONE upgrades full-year profit forecast to $3 billion after strong early peak season

Ocean Network Express (ONE) has upgraded its full-year profit forecast to $3.1 billion, the carrier said Thursday ..... [Click Here]

container van of maersk (5782669)

Maersk’s existing fleet size sufficient to handleshort-term demand growth: CEO

Maersk’s existing fleet capacity of nearly 4.3 million TEUs will be enough to handle demand growth for two to three years as the Gemini network enables faster turnaround times and greater volumes transported on the same number of vessels,..... [Click Here]

MSC ship on the conatiner yard (5782618)

Asia-Europe shippers sail into contract talks withRed Sea top of agenda

The Red Sea will be top of the talking points list for Asia-Europe shippers as they prepare to enter 2025 contract talks with ocean carriers anxious to avoid a repeat of the chronic space..... [Click Here]

container vans

US LTL carriers raising rates as shippers keep wary eye on 2025

US freight demand may be soft, but less-than-truckload (LTL) carriers are defying a two-year freight.... [Click Here]

group people

US ports plan upgrades to electric yard equipment after securing EPA grants

US ports are poised for one of the largest ever upgrade cycles for container handling equipment after.... [Click Here]

container vans

Strong imports, low blanks extend peak season on eastbound trans-Pacific

An extended peak season on the eastbound trans-Pacific is manifesting in unusual strength for imports from Asia.... [Click Here]

group of people

Maersk secures long-term methanol supply in China production deal

Maersk has signed a long-term bio-methanol supply agreement with China’s LONGi.... [Click Here]

Cargo Port

Montreal dockworkers target MSC’s terminals for strike this week

Two marine terminals handling Mediterranean Shipping Co.’s Montreal container services face a work.... [Click Here]

Cargo ships in a shore

CMA CGM shores up West Med transshipment capacity with Moroccan JV

CMA CGM said Tuesday it has signed a joint venture deal with Moroccan port operator Marsa Maroc to.... [Click Here]

Train carrying container vans

First track improvements allow CSX to double-stack containers from Baltimore

CSX Transportation has begun double-stacked intermodal service out of the Port of Baltimore after completing.... [Click Here]

red truck

US trucking demand at 2019 levels, constraining rate hikes: analysts

US trucking demand in the fourth quarter — whether truckload or less-than-truckload (LTL) — is.... [Click Here]

Cargo ship

Offshore project delivers Virginia cargo windfall

Progress on a gigantic wind farm off the US mid-Atlantic coast is picking up speed, and it’s.... [Click Here]

Truck

Automation key to experts improving broker efficiency metrics:

Freight brokers are harnessing automation to increase the number of loads each.... [Click Here]

Cargo ship

Zim’s restructured Med-US services add transshipment options

Zim Integrated Shipping Services is reworking two trans-Atlantic services to offer new port options from.... [Click Here]

Industrial Factory

Intra-Asia container rates rebound on typhoon-tightened capacity

Container lines are looking to capitalize on a tightening intra-Asia market — fueled by strong Chinese... [Click Here]

Industrial Factory

Oilfield services titans shift focus to gas, deepwater developments

With lower oil prices chipping away at their latest quarterly performance, two oilfield services giants.... [Click Here]

Container Van

ILA, USMX to resume talks on new master contract in November

The International Longshoremen’s Association (ILA) and maritime employers along the US East and.... [Click Here]

Man Standing

NY-NJ port veterans recall Maher executive Don McBeth

Donald McBeth, an executive with Maher Terminals and SeaLand, died unexpectedly Oct. 18, with his.... [Click Here]

Container Vans

US export market navigating ‘disruptive’ peak season amid ag shipment growth

The US export market is facing some operational hurdles amid peak season for some.... [Click Here]

Atlas Air

Asia-Europe air cargo demand jumps while ‘de minimis’ scrutiny hampers trans-Pac

Air cargo rates and tonnage from Asia to Europe picked up sharply in October as rising demand for.... [Click Here]

DSV containers

Value of Schenker takeover will manifest in expanding services: DSV CEO

The scale generated by a combined DB Schenker-DSV entity will be accompanied by an expanding.... [Click Here]

Cargo ship

FMC continues clawing back per diem charges for shippers

Ocean carriers have waived or refunded about $3.2 million in disputed per diem charges levied against shippers.... [Click Here]

Cargo ship

Ex-Mobile executive Branch named CEO of Port of New Orleans

Beth Ann Branch, former chief commercial officer of the Port of Mobile, has.... [Click Here]

Cargo ship

Montreal dockworkers plan one-day port strike on Sunday

Longshore workers at the Port of Montreal will stage a one-day strike on Sunday as part of their union’s pressure.... [Click Here]

Cargo Containers

UP pins performance slip on communication gap over USWC cargo surge

Union Pacific Railroad says it was caught off guard by the cargo surge that hit.... [Click Here]

Industrial Factory

BC longshore foremen bargained in bad faith: Canada labor board

Longshore foremen knew that new automation was being installed at DP World’s Port of Vancouver marine terminal but.... [Click Here]

Hapag-Lloyd Cargo

Hapag-Lloyd raises full-year forecast on ‘stronger than expected’ Q3

Hapag-Lloyd has joined soon-to-be alliance partner Maersk in raising its full-year profit forecast following.... [Click Here]

5746649

US port automation holds promise, but hardly a sure shot

A report released this year by the US Congressional watchdog about port automation provides.... [Click Here]

5746649

Interest in US LTL M&A activity seen rising as 2025 approaches

As the US less-than-truckload (LTL) sector continues its post-Yellow restructuring, interest.... [Click Here]

5746649

Cosco Ports pays $110 million for Thailand terminal stakes as Hutchison sells down

Cosco Shipping Ports, part of China’s largest state-controlled shipping group, is making its.... [Click Here]

5746649

DSV, K+N post solid Q3 revenue gains, but profit margins under pressure

DSV and Kuehne + Nagel on Wednesday reported strong revenue growth in the third quarter, but.... [Click Here]

5746649

Rotterdam’s nine-month container volumes edge higher on ‘tentative’ recovery in trade

Container volume at the Port of Rotterdam rose 2.2% in the first nine months of the year, with.... [Click Here]

5746649

Ocean pricing ‘unsustainability’ returns to haunt shippers

Over any number of pre-pandemic years, a word commonly heard at industry conferences, in reference.... [Click Here]

5746649

US spot truckload rates turn upward again post-Milton

US truckload spot rates and volumes are rising again after settling briefly between hurricanes Helene and.... [Click Here]

5746649

North-South trade facing schedule woes, congestion in wake of ILA strike

Shippers on the North-South trade lane are facing disrupted shipping schedules and congestion at key.... [Click Here]

5746649

Maersk hikes full-year profit forecast amid expected strong Q3 financials

Maersk on Tuesday raised its full-year profit forecast for the second time in three months, driven by.... [Click Here]

5746649

CMA CGM inks biomethane supply deal, will share $108 million fuel investment

French waste management company Suez has signed a deal with CMA CGM to produce 100,000 metric tons of.... [Click Here]

5746649

Antwerp-Bruges grows container market share with solid Q3 volume

Container volumes at Antwerp-Bruges rose 6.8% in the first nine months of the year to 10.15 million TEUs.... [Click Here]

5746649

Potential Trump tariffs would reset business strategy for US importers: analyst

While freight contracting for 2025 may seem a long way off for many, the 12 months will.... [Click Here]

5746649

Delay in Europe’s deforestation rule does not address key issues: Palm oil industry

The decision to delay the European Union Deforestation Regulation (EUDR) for at least.... [Click Here]

5746649

Proposed Oregon container terminal among projects winning DOT grants

The US Department of Transportation is providing $25 million toward further develop.... [Click Here]

5746649

MSC grows South American logistics portfolio with Wilson Sons acquisition

Mediterranean Shipping Co. (MSC) will take over a majority stake in Brazilian port.... [Click Here]

5746649

US truckload market edging closer to equilibrium following hurricanes

The US truckload spot market is settling after two weeks of hurricane- and strike-inspired.... [Click Here]

5746649

WaveBL says eBL test shows faster payments, cargo release

WaveBL, an electronic bill of lading (eBL) software vendor, this week said a test of its.... [Click Here]

5746649

India’s renewed protectionist policies threaten foreign liner network expansions

In what could be an ominous development for foreign container carriers in a growth-oriented.... [Click Here]

5746649

US West Coast cargo surge boosts Q3 intermodal numbers

North American railroads hauled nearly 2.17 million domestic containers in the third quarter as.... [Click Here]

5746649

Savvy air cargo shippers use strategic rate, space deals to offset capacity constraints

AMSTERDAM — Air cargo shippers on the trans-Pacific and Asia-Europe trades are far better prepared.... [Click Here]

5746649

Ripple effects playing out globally from ILA strike: analyst

The three-day strike by dockworkers at East and Gulf coast ports earlier this month will bring.... [Click Here]

5746649

STB approves CPKC, CSX acquisitions of regional rail line in southern US

Canadian Pacific Kansas City (CPKC) and CSX Transportation will roll out a new joint intermodal.... [Click Here]

5746649

Premier Alliance enhances network ahead of February launch

The Premier Alliance is upgrading a raft of its proposed services just weeks after announcing.... [Click Here]

5746649

Montreal says congestion risk grows as dockworkers refuse overtime

The Port of Montreal is warning shippers about the risk of delays and a growing container.... [Click Here]

5746649

LA-LB rail dwells spike to two-year high amid record imports in September

Rail container dwell times in the ports of Los Angeles and Long Beach surged to a two-year high.... [Click Here]

5746649

SC Ports’ chief outlines plans for Charleston to hit 10 million TEU marke

Three years after it was effectively shuttered upon launch, the now-reopened Hugh K. Leatherman .... [Click Here]

5746649

Softening export demand sends ocean rates crashing on India-Europe trade

India’s export demand downturn seems to have left container lines powerless to stem an ongoing .... [Click Here]

5746649

Asia-Europe carriers target pre-Lunar New Year demand with rate hikes, blank sailings

Forwarders expect freefalling Asia-North Europe ocean spot rates to bottom out in October and .... [Click Here]

5746649

India’s project cargo expansion tempered by clearance snags, equipment shortages

India is on the cusp of a project cargo growth explosion as a sheaf of .... [Click Here]

5746649

Longshore wage deal at East, Gulf ports to add atleast $5 billion in labor costs

The tentative wage deal agreed to between longshore workers and maritime employers along .... [Click Here]

5746649

Chicago cargo theft highlights larger challenges for intermodal container moves

The theft of cargo from a Union Pacific (UP) train on the west side of .... [Click Here]

5746649

Port Tampa Bay reopens after power restored following hurricane closure

Port Tampa Bay has resumed vessel operations and reopened shipping channels after the gateway was .... [Click Here]

5746649

DP World reverses course, unveils expansion of London Gateway terminal

DP World on Monday confirmed it would move forward with a $1.3 billion expansion of .... [Click Here]

5746649

Stabilizing MPV rates belie geographical imbalances

Multipurpose vessel (MPV) trades in Asia-Pacific and the Middle East are stabilizing multipurpose .... [Click Here]

5746649

Hurricanes not seen as truckload pricing catalyst despite relief demand

The damage caused by hurricanes Helene and Milton will take months to fully repair, but .... [Click Here]

5746649

DP World postpones planned announcement of London Gateway expansion

Dubai-headquartered port operator DP World has postponed plans to announce a major expansion of .... [Click Here]

5746649

Strike surcharges disappear as spot rates for US West, East coasts near parity

Ocean carriers have dropped ad hoc surcharges that were linked to last week’s short-lived .... [Click Here]

5746649

Behind-the-scenes White House arm twisting got ILA wage deal done

If the Biden administration did indeed force the tentative contract deal ending last week’s longshore strike .... [Click Here]

5746649

Port Tampa Bay effectively shut due to power outage in aftermath of Milton

Most ports in Florida have returned to normal operations in the wake of .... [Click Here]

5746649

Lack of clarity over clean energy supply driving dual-fuel ship orders

The interim target laid out last year by global maritime regulators calling for .... [Click Here]

5746649

Heavy frontloading sets up US-Asia trade for falling rates, imports

Asia-to-US freight rates at the tail end of the peak shipping season are falling .... [Click Here]

5746583

Savannah working through anchored vessels in wake of strike, weather disruption

It will take the Port of Savannah about three weeks to restore vessel anchorage times to normal.... [Click Here]

5746526

India-US carriers keep lowering rates to match capacity as bookings plummet

Container lines on the India-US East Coast trade are attempting new rate .... [Click Here]

5746470

Maersk rules out Suez Canal routings for Gemini launch

FELIXSTOWE, UK — Cargo owners’ need to plan Asia-Europe shipments for next year was behind .... [Click Here]

5745995

Strong freight rates drive higher Q3 revenue for Taiwan’s ‘Big Three’ carriers

Taiwan’s Big Three carriers — Evergreen Marine, Yang Ming Marine Transport and Wan Hai Lines .... [Click Here]

5745953

Brief ILA strike alters once-placid laborlandscape on East, Gulf coasts

Over several months beginning last November when the International Longshoremen’s Association .... [Click Here]

5745886

‘Fuel agnostic’ Spliethoff invests in MPV fleet expansion

Dutch multipurpose vessel operator (MPV) Spliethoff has strengthened its presence in the MPV .... [Click Here]

5745884

Decentralized sourcing plays into MSC’s point-to- point plans: CEO

HAMBURG — Mediterranean Shipping Co. CEO Soren Toft on Tuesday touted the future effectiveness .... [Click Here]

5745843

IAPH-led report tackles thorny data quality issueon port call optimization

HAMBURG — Groups targeting the improvement of port call data released a report .... [Click Here]

5745363

US retailers expect modest import bump in October to close out peak season

US retailers are forecasting a modest year-over-year increase in imports this month to close out.... [Click Here]

5745362

Montreal dockworkers to refuse overtime in latest salvo against port employers

Dockworkers at the Port of Montreal will reject requests to work overtime beginning Thursday .... [Click Here]

5745355

Hub Group boosts cross-border business in JV with Mexican dray carrier

Two North American intermodal providers — Hub Group and Transportes Easo (Easo) — announced .... [Click Here]

5745302

Back-to-back hurricanes roil US truck spot market, pushing up rates

Spot truckload rates are surging in the US Southeast and rising nationwide in the wake of Hurricane Helene and .... [Click Here]

5745208

Strike bullet dodged for now, but raises questions of market resilience: analyst

It could be said that global shipping dodged a bullet with the brief, three-day .... [Click Here]

img-5738354_0.1

Despite tentative wage deal, USMX and ILA havebumpy road ahead on other key issues

The 90-day clock has started for the International Longshoremen’s Association (ILA) and US East and Gulf .... [Click Here]

img-5738354_0.1

Peak season surge drives up Cosco’s estimated nine-month earnings

Cosco Shipping expects to report a net profit of $6.17 billion for the first nine months of 2024 .... [Click Here]

img-5738354_0.1

US port strike, Europe congestion heralds trans-Atlantic capacity crunch

Ship delays resulting from the three-day strike at ports along the US East and Gulf .... [Click Here]

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Intermodal underperforming in booming Mexico- US market

Tracking intermodal rail volumes in the major North American geographies, one thing that catches the eye .... [Click Here]

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US East, Gulf coast ports confident of smooth post-strike reopening

Ports up and down the US East and Gulf coasts expect a generally smooth resumption ... [Click Here]

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LA-LB port significantly cuts emissions, but tougher challenges await

Reduced vessel arrivals and container volumes, coupled with cleaner cargo-handling equipment from rail to drayage .... [Click Here]

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Rail industry split on how to best combat cargo theft

Cargo theft is surging along US railways, leaving shippers worried about the safety .... [Click Here]

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India regulators seek VSA ‘trade-off’ for localcarriers and alliances

Amid an ongoing wave of ocean carrier alliance realignments, Indian shipping regulators are seeking a “tradeoff”.... [Click Here]

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ILA, USMX agree on new wage offer and contractextension that reopens ports

Maritime employers and the International Longshoremen’s Association (ILA) have reached a tentative deal.... [Click Here]

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Intermodal rail must improve reliability to capture just-in-time freight: execs

CHICAGO — Domestic intermodal service has improved over the past two years, but many shippers remain cautious and unwilling to entrust .... [Click Here]

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ILA strike leaves US reefer importers few options, more risks

Refrigerated (reefer) container shippers using US East and Gulf coast ports are worried that if the International Longshoremen’s Association’s.... [Click Here]

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US truckload carriers expect first rate hike in two years in 2025

CHICAGO — There’s no quick recovery ahead for the US truckload sector, either in terms of pricing or demand, executives from several .... [Click Here]

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Ro/ro newbuilds push car carrier order book to record high

Investment in new vehicle carriers and roll-on/roll-off (ro/ro) tonnage has propelled .... [Click Here]

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Ships backing up outside of strike-shut US East,Gulf ports

Container ship anchorages are growing outside of US East and Gulf coast ports .... [Click Here]

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Political winds turn against ocean carriers amid ILA strike

The Biden administration’s vocal support of longshore labor in contract negotiations on the first day.... [Click Here]

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Domestic intermodal rate pressure building on stronger truck pricing

CHICAGO — Intermodal executives warned domestic rail shippers to anticipate paying more in 2025 ... [Click Here]

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Window to divert strike-affected imports to West Coast closing soon

Retailers and other importers who normally ship through the US East and Gulf coasts to destinations in the eastern .... [Click Here]

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Government, board approvals clear way for DSV-DB Schenker merger

Forwarder DSV’s acquisition of rival DB Schenker to create the world’s largest logistics company took a further step forward .... [Click Here]

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Carrier order books, alliance changes signal continued reliance on scale

Mediterranean Shipping Co. recently reached the milestone of controlling 20% of worldwide operated container vessel capacity through .... [Click Here]

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House Republicans, shippers up pressure on Biden to stop US port strike

On the first day of the first strike at US East and Gulf coast ports in nearly 50 years, Republican lawmakers and shipper groups urged the Biden.... [Click Here]

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Montreal port users not expecting quick intervention if strikes continue

The prospect of Canada Prime Minister Justin Trudeau stepping in to prevent Montreal port workers from launching .... [Click Here]

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Slow growth predicted for US economy, freight demand in 2025: Inland24

CHICAGO — US economic growth will slow in 2025, and the surface freight market will remain soft after a “soft landing” .... [Click Here]

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Hurricane Helene to tighten truckload capacitybeyond US Southeast

CHICAGO — The devastation caused by Hurricane Helene will send ripples throughout US supply chains, tightening .... [Click Here]

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ILA’s Daggett promises dockworkers ‘greatcontract’ as strike begins

ELIZABETH, NJ — The head of the International Longshoremen’s Association (ILA) in the early hours of Tuesday pledged .... [Click Here]

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Truckers pre-pull imports as strike set to close East, Gulf coast ports

Port truckers have pulled the last containers they could out of marine terminals ahead of their closure Tuesday .... [Click Here]

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Breakbulk reefer segment hanging on in shrinking market

After serving as a breakbulk cargo pinch-hitter during the COVID-19 pandemic, the specialized refrigerated (reefer) breakbulk segment is .... [Click Here]

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Conflicting post-pandemic worldviews bring ILA, employers to historic strike

How did nearly 50 years of labor peace on the US East and Gulf coasts, so consistent that it was a key factor in a multiyear erosion of West Coast .... [Click Here]

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UP raises surcharges on low-volume shippers in California

Union Pacific Railroad (UP) is increasing its fees for low-volume customers that exceed their contractual .... [Click Here]

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Port of Montreal to face three-day strike against two terminals next week

Almost half of the Port of Montreal’s container capacity will be shuttered through the first half of next .... [Click Here]

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Yellow puts remaining 112 LTL terminals on the block

The other shoe is dropping in the US less-than-truckload (LTL) real estate market as bankrupt LTL provider .... [Click Here]

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Breakbulk sector not expecting much disruption from possible longshore strike

As ports along the US East and Gulf coasts brace for an expected strike by dockworkers on Oct. 1, breakbulk .... [Click Here]

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USMX chief meets with Biden administration officials as port strike deadline looms

The head of the United States Maritime Alliance (USMX) met with Biden administration officials at the .... [Click Here]

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Freight ecosystem suffers pain while intermodal wastes opportunities: analyst

With freight recession pain extending into its third year, I think it’s worth looking at two recent events .... [Click Here]

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Zim to gain slot rights on MSC’s India network for US loads

Ocean network alliance changes taking shape across markets seem to have more service realignments in store .... [Click Here]

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Weeklong ILA strike would tie up about 2% of global shipping capacity: HSBC

The increasing likelihood of a dockworker strike next week at container terminals along the US East and Gulf coasts .... [Click Here]

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PNW ports say ready for strike-linked cargo diversions from East, Gulf coasts

US and Canadian ports in the Pacific Northwest say they are prepared to handle a sustained diversion of discretionary cargo .... [Click Here]

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USMX tries to force ILA back to contract talks with NLRB complaint

Maritime employers along the US East and Gulf coasts have filed an unfair labor practice charge with the National Labor .... [Click Here]

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Trucking races to prepare as deadline for ILA port strike draws near

The looming strike by East and Gulf coast port workers is already affecting US trucking networks, pushing more goods into .... [Click Here]

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FMC denies petition to delay D & D rules as creating ‘greater confusion’

The US Federal Maritime Commission (FMC) has thwarted a move by ocean carriers to delay new rules on .... [Click Here]

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Zim becomes first carrier to commit to reopened Leatherman terminal

The Port of Charleston’s Hugh K. Leatherman marine terminal is officially reopening to container .... [Click Here]

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Ocean carrier alliance shakeup offers varied service choices for shippers

Two new alliances — Gemini Cooperation and Premier Alliance — will see the light of day in 2025, and both have now published their new networks .... [Click Here]

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Port Tanjung Pelepas operating model key to ensuring Gemini reliability goals

Anyone curious as to how Maersk and Hapag-Lloyd will fulfill an ambitious promise of 90%+ schedule reliability once their Gemini Cooperation network is fully .... [Click Here]

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More US ports reveal contingency plans as ILA strike deadline inches closer

Several US ports along the US East and Gulf coasts are working under contingency plans ahead of a possible strike by dockworkers on Oct.... [Click Here]

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Railroads set deadlines for accepting exports ahead of potential ILA strike

CSX Transportation, Canadian National Railway and Norfolk Southern Railway have set deadlines for exporters to drop off containers ahead of a potential strike .... [Click Here]

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‘Wake-up call’ to shipping as 2030 emissions targets slip away: report

The decarbonization of global shipping is moving too slowly to meet even the 5% zero-emission fuel target by 2030,.... [Click Here]

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DB Schenker customers spooked by DSV takeover welcome at DHL: CEO

DHL Group CEO Tobias Meyer issued an invitation Tuesday for DB Schenker customers nervous about the imminent takeover by DSV .... [Click Here]

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Lack of terminal handling charges emerges as a factor in ILA talks

If there is one issue that reminds carriers of the cost of capitulating to the International Longshoremen’s Association (ILA) in the showdown over.... [Click Here]

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White House’s executive lever to prevent port strike is politically toxic

It’s hard to exaggerate how politically toxic the invocation of the Taft-Hartley Act by the Biden administration to stop a potential strike by the International Longshoremen’s Association (ILA).... [Click Here]

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Montreal dockworkers to take strike vote as contract talks continue

The union representing Port of Montreal dockworkers is scheduled to hold a strike vote this week just ahead of another round of mediation talks .... [Click Here]

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Asia-US East Coast spot rates plummet amid strike threat cargo diversions

Spot container rates from Asia to the US East Coast have plummeted more than 40% over the past three weeks, with sources pointing to cargo .... [Click Here]

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CMA CGM moves to take over top Brazilian terminal operator

CMA CGM has signed a deal to buy 47.6% of Brazil’s largest terminal operator Santos Brasil for $1.2 billion .... [Click Here]

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Truckload visibility startup lands investment, broker clients

Freight visibility provider GenLogs said Monday it has amassed $6 million in funding from a variety of venture investors to accelerate its efforts to arm.... [Click Here]

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New cross-border trucking platform aims to enable brokers

A software vendor catering to US freight brokers is publicly launching a cross-border load board aimed at helping brokers access growing truckload trade between the US and Mexico. .... [Click Here]

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Gnosis ‘doubling down’ on importer tech with first outside funds

International logistics software provider Gnosis Freight said Monday that it has taken investment from private equity group Vista Equity Partners to expand the reach of its product .... [Click Here]

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NY-NJ port stakeholders scrambling ahead of strike threat

Ocean carriers and marine terminals at the Port of New York and New Jersey are working overtime to move as many containers as possible ahead of... [Click Here]

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FedEx Freight realigns in rapidly changing US LTL market

Less-than-truckload (LTL) carrier FedEx Freight is accelerating its plan to shrink its network. The FedEx subsidiary and largest US trucking company by annual... [Click Here]

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Midterm emissions plan to take center stage at upcoming IMO meeting

Binding emissions reduction measures from shipping aimed at putting a price on the continued usage of conventional fuel will top the agenda at the International .... [Click Here]

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Southern California supply chain fluid despite surging import volumes

Industry stakeholders are pointing to minimal supply chain disruption at the ports of Los Angeles and Long Beach this peak season.... [Click Here]

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DSV takeover signals end to 150 years of DB Schenker brand

The DB Schenker brand that two years ago celebrated its 150th anniversary will be absorbed by DSV, which last week acquired the Essen.... [Click Here]

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SEKO secures fresh financial backing amid prolonged forwarding industry slump

SEKO Logistics on Thursday confirmed it has reached a definitive agreement with its existing financial partners in a move to reinforce its financial position.... [Click Here]

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Limited air freight capacity available for US port strike-driven cargo shift

A strike-driven surge in demand for air cargo capacity if ports along the US East and Gulf coasts are shut down from Oct. 1.... [Click Here]

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LA-LB port stakeholders urge mayors to act against proposed emissions rules

Shippers, transportation interests and the International Longshore and Warehouse Union (ILWU) are urging the mayors of Los Angeles and Long Beach.... [Click Here]

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Some US ports extending gate hours ahead of possible ILA port strike

This article has been corrected to reflect that Ocean Network Express is still accepting US export bookings and has not embargoed exports due to the potential strike.... [Click Here]

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Stronger US retail sales lifting truckload volumes, but not rates

US truck and rail freight volumes appear to be increasing slowly, but those gains haven’t fueled an increase in truckload rates, according to new data.... [Click Here]

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Europe’s largest inland container terminal opens in Germany

Duisburg Gateway Terminal (DGT) in Germany, Europe’s largest inland container facility, opened for business this week with train traffic to.... [Click Here]

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US shippers again ask White House to intervene in longshore contract talks

US shippers on Tuesday renewed their call for the Biden administration to directly intervene in stalled contract negotiations between maritime employers.... [Click Here]

Container Van On A train

Railroads say able to handle disruption from possible ILA port strike

US railroads are well-prepared if the International Longshoremen’s Association (ILA) strikes on Oct. 1 at ports along the East and Gulf coasts....[Click Here]

Trucks

Divergent data suggests US trucking jobs lower than reported

The US trucking industry’s workforce may be smaller than widely thought and trucking capacity not ....[Click Here]

Port Area

Cargo and vessel disruption expected after typhoon closes Shanghai, Ningbo ports

Shippers and ocean carriers using the major Chinese load ports of Shanghai and Ningbo will face extensive disruption due to terminal closures and ....[Click Here]

Container Van on a lifter

Maritime employers prep for wind-down of operations as longshore strike looms

With talks stalled and more labor demands being put on the table, a dockworkers strike at ports along the US East and Gulf ....[Click Here]

A person holding a laptop

Ocean carriers appear willing to roll the dice on possible US port strike

Multipurpose (MPV) sector indices from Toepfer and Drewry reflect stable market expectations through September despite a slight divergence, analysts told the Journal of Commerce.....[Click Here]

A person holding a laptop

White House takes aim at growing threat of ‘de minimis’ imports

For decades, a simple philosophy dictated how ocean carriers approached contract negotiations with US dockworkers: Keep the ports open. ....[Click Here]

A person holding a laptop

Lure of robust Asian peak season a magnet for air cargo capacity

Air cargo operators are shifting freighter aircraft from South America, India and Africa to the more lucrative Asian export trades where sustained demand from ....[Click Here]

A person holding a laptop

White House takes aim at growing threat of ‘de minimis’ imports

The Biden administration on Friday said it would be taking steps to target apparel and textile ....[Click Here]

Trucks

Some carriers seek to reopen 2024–25 fixed-rate contracts in trans-Pac: NVOs

Ocean carriers in the eastbound trans-Pacific are increasingly confident that a rate war can ....[Click Here]

Germany’s Bundestag

Union, government hurdles ahead in DSV’s $16 billion takeover of DB Schenker

German transport unions and the country’s parliament are the remaining obstacles ....[Click Here]

Trucks

Truck driver detention by US shippers decreasing, but costs rising: study

Truck driver detention at shipper and consignee docks is decreasing, thanks in part to the....[Click Here]

Port Area

ZPMC ‘pressures’ US ports for remote crane access: House report

China’s leading ship-to-shore crane maker — which has strong ties to the country’s....[Click Here]

CEO Soren Toft

MSC’s global scale enables standalone network coverage

Mediterranean Shipping Co.’s ability to roll out a standalone east-west ocean...[Click Here]

Cathay Cargo

Robust e-commerce demand a gift for air cargo carriers: airline executives

Liege, Belgium — Soaring demand for e-commerce out of Asia this year ...[Click Here]

NS-train

Norfolk Southern fires CEO Shaw after probe; CFO George elevated to top job

Norfolk Southern (NS) has fired CEO Alan Shaw after an internal investigation by the railroad found ...[Click Here]

port area in drones view

Tale of woe for ocean container shippers going from bad to worse

It started when the pandemic swiftly disabused shippers of the assumed status quo that supply ...[Click Here]

shipment container

Rates from India to US, Europe in rapid retreat amid cooling demand

Container lines active on the larger export trade lanes out of India seem....[Click Here]

Cows lining up

‘Perfect storm’ pushes market toward Q4 reefer equipment shortages

Combined market pressures on refrigerated container equipment could....[Click Here]

woman speaking in front of podium

Anxious White House weighing options as ILA contract deadline nears

US labor secretaries have been key to breaking deadlocks in longshore....[Click Here]

Cargo loading up in airplane

‘Brace for impact’ warning as air cargo heads into historic peak season

Liege, Belgium — The air cargo industry is flying headlong into its strongest....[Click Here]

Container lines on Port

US retailers give big upgrade to September import forecast amid strike threat

US retailers have significantly upgraded their forecast for US imports....[Click Here]

Container lines on Port

Asian ports at the fore in updated Gemini alliance network schedule

Ports in Asia are among the winners, regaining direct calls on several ....[Click Here]

Container Stacking Maersk

FMC won’t block Gemini alliance, but vows tight monitoring

The US Federal Maritime Commission (FMC) has signed off on the Maersk/Hap....[Click Here]

Container lines on ship

HMM to spend $17.5 billion on fleet, equipment by 2030

HMM will spend $17.5 billion over the next five years — more than half of ....[Click Here]

Container lines

Import surge pushing Los Angeles outbound spot truck rates higher

As cargo from Southern California ports moves further inland, demand....[Click Here]

Container lines

East Coast spot rates plunge as peak-season imports shift to West Coast

A front-loading of shipments ahead of a threatened port strike threat....[Click Here]

Container lines

Port employers urge ILA to return to contract talks

Ocean carriers and marine terminal operators are calling on the....[Click Here]

high way full of vehicles

Typhoon Yagi slams Vietnam, southwest China, delaying sailings

Ocean carriers and shippers are facing several days’ delays....[Click Here]

Container lines

MSC strikes Asia-Europe slot share with former THEA members

Mediterranean Shipping Co. is teaming up with Ocean Network Express....[Click Here]

Train Rail Way

ONE opens new India, Asia services in response to ‘Gemini reality’

Ocean Network Express (ONE) is rushing to fill the routing....[Click Here]

Container lines

Rails have limited recourse to PNW import surge: analyst

Container dwell times are up in the Pacific Northwest (PNW)....[Click Here]

Container lines

Blank sailings, cargo push help reverse rate slide on Asia-Mexico trade

Spot container rates from Asia to the west coast of Mexico have climbed sharply....[Click Here]

International ports

First signs of a deal emerge in long-running German port dispute

Germany’s United Services Union (ver.di) has recommended its....[Click Here]

Container Shipping News

Little cause for optimism as clock ticks toward ILA contract expiration

Less than a month before dockworkers on the US East and Gulf coasts could....[Click Here]

Container Shipping News

Trans-Atlantic shippers test contingency plans as ILA strike threat grows

Shippers and forwarders on the trans-Atlantic are testing alternatives to ports....[Click Here]

ILA locals prepping for coordinated strike at US East, Gulf coast ports

ILA locals prepping for coordinated strike at US East, Gulf coast ports

Teaneck, NJ — The International Longshoremen’s Association (ILA)....[Click Here]

Maersk dives deeper into US-Mexico trucking with El Paso facility

Maersk dives deeper into US-Mexico trucking with El Paso facility

A.P. Møller-Maersk is opening a large logistics facility in El Paso....[Click Here]

Trucking News

US spot truckload market starts to tighten but is still soft

The US truckload spot market is heating up as summer ends, with load....[Click Here]

Logistics Technology News

Flexport vet lands funding to build truckload procurement tool for shippers

A new truckload freight procurement and management platform started....[Click Here]

Breakbulk carriers

Green corridors signal maritime fuel options for multipurpose vessels

Eventually, the multipurpose/heavy-lift (MPV/HL) sector will have to build....[Click Here]

shipment cargo

Houston’s new port chief plots terminal fluidity as key to container growth

The Port of Houston is testing a new truck appointment system and using AI....[Click Here]

shipment cargo

Standard Forwarding deal would speedconsolidation among small LTL carriers

After trying twice to buy properties from bankrupt Yellow, Jack Cooper Investments may have .... [Click Here]

shipment cargo

New ship deployments don’t always improve service: analyst

New deployments of ships may be needed, particularly with Red Sea diversions extending sailings.... [ Click Here ]

shipment cargo

Severe rainstorms swamp India’scontainer supply chains

Extreme monsoon floods have wreaked havoc on container flows and related transport networks ... [ Click Here ]

shipment cargo

Tech vendor aims to help forwarders preserve margins in growing LCL market

A technology vendor founded by two veterans of the less-than-containerload ... [ Click Here ]

shipment cargo

Demand bump could drive moderate rate boost on intra-Asia trades

A pre-holiday cargo rush that could start in early September is expected .... [ Click Here ]

shipment cargo

Falling demand, rates signal earlyend to Asia-Europe ocean peak season

The early peak season on the Asia-Europe ocean trade that began in .... [ Click Here ]

shipment cargo

DP World adds Hong Kong forwarder to growing 3PL network

DP World’s move into controlling end-to-end logistics will be further strengthened with the integration of Hong Kong-based.... [ Click Here ]

shipment cargo

Cathay’s A350 groundings to upset Hong Kong’s overheated air cargo market

The temporary grounding of Cathay Pacific’s Airbus A350 fleet of 48 aircraft after an engine fault was found on Monday ... [ Click Here ]

shipment cargo

Maersk’s LNG order hedges bet on green fuel technology: CEO

Maersk’s order for vessels capable of being powered by liquefied natural gas (LNG) is a risk-management.... [ Click Here ]

shipment cargo

Short-term US industrial real estate market clouded by uncertainty: JLL

Retailers, manufacturers and logistics providers are seeking more clarity on the direction of the US economy... [ Click Here ]

shipment cargo

Lag in higher contract rates to drive second-half profitability: Maersk CFO

The delayed financial benefits of ocean contracts agreed at high rates during the second quarter were.... [ Click Here ]

ocean and ship

Maersk CEO says port strike along US East, Gulf coasts is ‘highly unlikely’

A strike by dockworkers at marine terminals along the US East and Gulf coasts is “highly unlikely,”.... [ Click Here ]

LTL Freight

Bangladesh’s supply chains grind to a halt amid political upheaval

Carriers and cargo owners in Bangladesh are facing a period of supply chain flux as the Indian subcontinent.. [ Click Here ]

shipment cargo

ILA seeking huge wage hike from maritime employers: sources

The International Longshoremen’s Association (ILA) is seeking an almost 80% wage increase over the life...[ Click Here ]

truck cargo

Shifting trans-Pac dynamics push rate spread to almost two-year high

The differential between spot rates from Asia to the US West and East coasts is at its widest in almost two years..[ Click Here ]

ship full of cargo

Trans-Atlantic ocean carriers make rare surcharge moves to bolster rates

Ocean carriers on the trans-Atlantic have announced peak season surcharges (PSSs) for...[ Click Here ]

cargo truck

Matson’s expedited China business fuels Q2 earnings gains

US-flag carrier Matson’s earnings for the second quarter blew past analysts’ consensus estimates, the latest... Click Here ]

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