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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.

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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 ]

5923878-news

Global reefer market set to soar amid disruption, strong demand

While a projection for the short-term developmental trends of the global reefer charter market is relatively straightforward, it is becoming increasingly difficult to forecast a medium-term trend..... [Click Here]

5923838-news

Carriers bolster intra-Asia networks amid uncertain rate, demand outlook

Hapag-Lloyd and CMA CGM are bolstering their intra-Asia networks this month with a raft of new services and extra port calls ahead of the reshuffle of carrier alliances.... [Click Here]

5923830-news

Return to Suez not a certainty even after Israel-Hamas ceasefire: analysts

Commercial shipping will resume normal transits through the Suez Canal in late February at the earliest under the most optimistic analyst prediction made following the ceasefire agreement ... [Click Here]

5923305-news

US ports urge Trump, Congress to keep funds in place but tariffs at bay

US ports on Wednesday laid out legislative priorities for the incoming Trump administration and new Congress that include continued federal spending for maritime transportation and navigation. .... [Click Here]

5923301-news

BNSF Barstow project to proceed after CARB emissions rule withdrawn

The California Air Resources Board (CARB) has rescinded a proposed rule that would have required train locomotives operating in the state to produce zero emissions by 2030.... [Click Here]

5923226-news

Intermodal comes off strong 2024 to face market unknowns of new year: analyst

As a forecaster of the intermodal sector, I believe that it is a good practice to look back each year to see what I was saying as the year began .... [Click Here]

5923178-news

Visibility vendors move to extend reach and relevancy in rebalancing market

Transportation visibility vendors are repositioning their value propositions to shippers as providers of something more than just the data governing the whereabouts of freight.... [Click Here]

5922714-news

US LTL truck pricing flat, but still elevated despite low demand

The long-term rise in US less-than-truckload (LTL) pricing following the collapse of Yellow in 2023 is colliding with soft demand..... [Click Here]

5922679-news

Intermodal providers navigate tough pricing environment at start of year

Domestic intermodal providers are expressing frustration with what they say is a challenging freight market as early bids on annual contracts with shippers.... [Click Here]

5922598-news

Carriers extend spot rates in bid to avoid further rate erosion in eastbound trans-Pac

Most ocean carriers on the eastbound trans-Pacific are extending their current spot rates through the end of January, a sign that liners are losing pricing power.... [Click Here]

5922578-news

Norden MPV leasing deal capitalizes on global fleet undercapacity

A four-ship leasing deal by Norden reflects strong project cargo demand growth and sound market fundamentals, the Denmark-headquartered shipowner said Tuesday.... [Click Here]

5922560-news

Unifeeder boosts market share as Red Sea diversions grow Med business

Intra-Europe specialist carrier Unifeeder tripled its market share in the Mediterranean in 2024 as deep-sea liners diverting around Africa to avoid the Red Sea outsourced coverage.... [Click Here]

5922546-news

Qatar Cargo launches ‘transformative’ digitalization drive for air containers

Qatar Airways Cargo has begun to attach digital tags to its fleet of 42,000 air freight containers in a bid to provide real-time visibility and improve equipment utilization.... [Click Here]

5921997-news

Two US shippers latest to allege carriers bumped contract cargo to spot market

Two US shippers, including the parent company of retailer Crate & Barrel, want the Federal Maritime Commission (FMC) to investigate ocean carriers.... [Click Here]

5922004-news

Trucking rates out of US ports rise on frontloading, cargo shift

The cost of hauling goods from major US seaport markets jumped significantly toward the end of 2024, with outbound truckload spot rates.... [Click Here]

5921942-news

CBP seeks industry input on rules curbing low- value shipment abuse

US Customs and Border Protection (CBP) on Monday said it was seeking industry comment on new regulations it wants to implement.... [Click Here]

5921452-news

Indian forwarders seek clarity on spot booking program for Gemini Europe sailings

Indian freight forwarders are still waiting to learn when Gemini alliance partners Maersk and Hapag-Lloyd will open spot bookings to Europe .... [Click Here]

5921435-news

Ocean Alliance network to grow trans-Pacific, Asia-Europe coverage

The Ocean Alliance of COSCO Shipping, OOCL, Evergreen Line and CMA CGM has unveiled its new shipping network, expanding direct.... [Click Here]

5920644-news

Taiwan’s Big Three carriers see 30% slide in H2 monthly revenues after rate slump

Taiwan's Big Three container lines saw an accelerating decline in revenues over the last six months, although they remain significantly higher.... [Click Here]

5920588-news

Cosco forecasts 95% jump in 2024 net profit on robust volumes, freight rates

Cosco Shipping Holdings, the parent of Cosco Shipping and OOCL, on Friday said it expects $7.5 billion in net profit for 2024, a 95% year-over-year.... [Click Here]

5920523-news

FedEx, UPS to continue discounting parcel rates amid increased competition

The Big Picture:Large parcel carriers FedEx and UPS are discounting rates to attract volumes, while retailers are courting business-to-consumer (B2C).... [Click Here]

5919982-news

Vancouver braces for congestion, high rail dwells through January

Port of Vancouver stakeholders expect they will have to navigate at least three more weeks of congestion as Canada’s largest port works to clear.... [Click Here]

5919918-news

Cargo volumes for mega cracker project at Antwerp to peak in 2025

Transportation of outsized and heavy-lift cargo components for INEOS’ $4 billion Project One ethane cracker at Belgium’s Port of Antwerp .... [Click Here]

5919921-news

US truckload spot rates rising, but shippers keeping lid on contract rates

US truckload spot rates exceeded seasonal expectations toward the end of 2024 as capacity contracted amid holiday demand..... [Click Here]

5919886-news

Limited disruption likely as new carrier alliances roll out: Alphaliner

Ocean carriers will roll out their new global networks next month, and while disruption to supply chains is inevitable during the transition period.... [Click Here]

5919519-news

ILA, USMX reach tentative deal that avoids another port strike

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) late Wednesday said they have reached a tentative agreement.... [Click Here]

5919424-news

Norfolk Southern begins limiting export container moves ahead of possible strike

Norfolk Southern Railway (NS) has begun to wind down accepting export containers for movement from inland terminals to key ports along the US.... [Click Here]

5919369-news

Ex-Asia air freight capacity constraints to persist in 2025

The big picture:Capacity constraints on outbound air cargo routes from Asia, particularly China, will persist in 2025, with volumes continuing to outstrip available space.... [Click Here]

5919219-news

Drayage outsourcing a path to solving diversification challenge

The outsourcing dilemma that hangs over the transportation departments of most shippers is particularly thorny when it comes to managing US drayage allocation..... [Click Here]

5919173-news

Ocean carriers in control on Asia-Europe trade as cargo contracts closed

Asia-Europe shippers have begun locking in annual contracts as the capacity-constrained trade lane is likely to remain firmly in favor of ocean carriers.... [Click Here]

5919049-news

Turkish liners shift to India for Suez routings with relays to US, Europe

Indian ports are seeing a capacity rush from Turkish container carriers willing to offer sailings via the traditional shorter Suez Canal route as mainline heavyweights continue to reroute vessels.... [Click Here]

5918613-news

BlueGrace joins logistics M&A wave, adding FreightCenter to its portfolio

Third-party logistics provider (3PL) BlueGrace Logistics on Tuesday said it will acquire FreightCenter, an online truck freight management and pricing platform. .... [Click Here]

5918586-news

Nonresidential construction a headwind for trucking demand: analyst

While I forecast that demand conditions in the US for-hire trucking sector will improve in 2025 after approximately 10 quarters of freight volume declines, mixed conditions.... [Click Here]

5918498-news

High price to pay for non-compliance with FuelEU rules: Lloyd’s Register

The FuelEU regulation that came into effect on Jan. 1 is “a major market intervention” by the European Union that will determine the long-term profitability and sustainable operation.... [Click Here]

5918457-news

Tariffs, Suez resumption could crimp US West Coast share gains

The big picture: US West Coast ports lost some of their share of imports from Asia in 2022–23 during the protracted contract negotiations between.... [Click Here]

5917864-news

M&A activity redrawing regional LTL map in US Midwest and beyond

The US less-than-truckload (LTL) market is entering a new phase of consolidation in early 2025, led by regional LTL trucking companies building greater density and reach. .... [Click Here]

5917373-news

US LTL carriers widen market reach through spot pricing technology

Dynamic pricing tools are allowing less-than-truckload (LTL) shippers and brokers, especially smaller ones, to connect with LTL carriers looking for new sources of freight.... [Click Here]

5917316-news

Project cargo optimism buffeted by policy ‘unpredictability’

The big picture: A massive slate of energy, infrastructure, and industrial projects in the US, including chip manufacturing, LNG, power generation, .... [Click Here]

5917174-news

Capacity-bound MPV operators poised for strong year amid firming rates

An already firm multipurpose ship market will strengthen further in 2025, keeping freight rates elevated and capacity tight, market sources say..... [Click Here]

5916392-news

Suez diversions, lack of IMO agreement put 2030 emissions targets at risk

The big picture: The need to narrow the price gap between fossil fuels and cleaner alternatives is the single most important challenge.... [Click Here]

5916377-news

US policy uncertainty clouds MPV/HL outlook going into 2025

The big picture: The security crisis in the Red Sea and drought conditions in the Panama Canal get all the headlines, but it’s the new trade lanes needed to adjust.... [Click Here]

5916296-news

Drayage diversification emerging as shipper priority amid supply chain volatility

Industry dynamics are driving shippers to diversify their allocation of volume to drayage carriers in a bid to manage increased volatility through the US ports they ..... [Click Here]

5916143-news

More ocean carriers unveil disruption surcharges linked to possible ILA strike

The number of container lines preparing surcharges ahead of potential disruption to US East and Gulf coast service networks has reached at least five.... [Click Here]

5915148-news

LTL carriers expanding networks to prepare forlong-term growth

The big picture: US less-than-truckload (LTL) carriers are preparing for the next surge in demand, adding terminals and terminal doors even though freight .... [Click Here]

5914637-news

Cass acquires international freight invoice auditing tool to widen modal reach

Freight payment and audit provider Cass Information Systems on Thursday said it has acquired AcuAudit.... [Click Here]

5914476-news

Rising north-south trade hinges on fluid ports, vessel capacity

The big picture: A combination of growing demand, port bottlenecks and vessel and equipment shortages pushed rates from the East Coast of South America .... [Click Here]

5913854-news

ILA, USMX contract talks set for Jan. 7 restart ahead of strike deadline: sources

The International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) are set to resume talks for a new master contract on Jan. 7, sources said Tuesday..... [Click Here]

5913838-news

IMCs say railroads handled peak season surge better than pandemic

Following a prolonged peak shipping season, intermodal providers are crediting North American Class I railroads for handling the surge.... [Click Here]

5913827-news

Shippers, carriers face wave of port congestion, vessel delays in Asia, Europe

Shippers and ocean carriers on the Asia-Europe trade will be facing vessel delays into February as a raft of issues ranging from holiday port closures, vessel bunching in Asia.... [Click Here]

5913772-news

Capital upgrades ready USEC ports for another year of growth

The big picture: US East Coast ports remained largely fluid throughout 2024, even as container volumes exceeded expectations and crises including a multi-week closure in Baltimore .... [Click Here]

5913770-news

New year means fresh disruption for container shipping market: analyst

A turbulent 2024 has come to a close. Container shipping markets have been roiled by .... [Click Here]

5912895-news

US warehouse vacancies expected to fall from 2024 ‘peak’

The big picture: With a large number of industrial logistics and warehousing projects launched early in the COVID-19 pandemic now complete and shippers destocking .... [Click Here]

5912782-news

Strong 2024 sets international intermodal up for tough comparisons

The big picture: International intermodal volumes grew by double-digit percentages in 2024 thanks to a surge in freight to the West Coast ports .... [Click Here]

5912763-news

Trans-Pacific spot rates on the rise amid pre-Lunar New Year cargo bump

US retailers will begin the new year paying spot rates not seen since peak shipping season in August .... [Click Here]

5912038-news

Tariffs, ILA tension, early Lunar New Year boost Q1 trans-Pacific forecast

The eastbound trans-Pacific rebounded in a big way last year, and although growth is expected to moderate in 2025,.... [Click Here]

5912000-news

International intermodal market enters “constrained” 2025: analyst

Last year proved to be a strong but turbulent year for North American intermodal. The sector was the recipient of a potent stew of exterior events.... [Click Here]

5911954-news

Reefer market growth in 2025 filled with risk

The big picture:Amid increased demand for equipment and projected market growth, the refrigerated (reefer) container market is positioned .... [Click Here]

5911923-news

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The big picture: Container carriers remain in robust financial health after a highly profitable year, and that profitability looks set to continue .... [Click Here]

5896892-news

US Gulf Coast ports expanding to handle continued volume growth

The big picture: US Gulf Coast ports have seen higher-than-expected container volumes as consumer spending remained resilient during 2024...[Click Here]

5896892-news

Mexico curtails duty-free fulfillment option for apparel, textile importers

Mexico has ended a program that enabled US apparel and textile importers to avoid paying duties while using Mexican warehouses...[Click Here]

5896892-news

Restabilized trans-Atlantic facing dual strike, tariff threats

The big picture: After a steep decline in 2023, westbound trans-Atlantic trade volumes came roaring back in 2024. Still, the accompanying rise in rates was...[Click Here]

5896892-news

Gemini to bulk up capacity on India-Europe trade amid rate push pressure

Indian shippers moving goods to Europe could soon find more ocean connections and vessel space with the Gemini alliance between Maersk and...[Click Here]

5896892-news

Red Sea to dominate Asia-Europe ocean trade again in 2025

The big picture: The Red Sea crisis will continue to impact service levels, rates and shipper-carrier relationships on the Asia-Europe trade for the foreseeable future...[Click Here]

5896892-news

Risks ‘coming fast’ as global supply chain shifts nervously into new year

A strong but slower expanding US economy is signaling strong growth of import volumes at least until spring and no letup of the air cargo boom, while raising hopes of...[Click Here]

5896892-news

Shippers, forwarders face a new, harsher world in ocean shipping

Earlier this year, the commercial director at a congested Asia port apologized to an ocean carrier for the trouble caused. The response from the ocean carrier?...[Click Here]

5896892-news

Yang Ming to order slate of new container ships in move to upgrade fleet

Taiwan’s Yang Ming Marine Transport will order up to 13 container ships as part of fleet optimization plans approved by the carrier’s directors Friday to replace...[Click Here]

5896892-news

Legislation aims to mandate rising share of China imports on expanded US-flag fleet

Bipartisan legislation in Congress seeking to supercharge the expansion of the US-flag commercial shipping fleet in the name of national security would require...[Click Here]

5896892-news

FedEx Freight spinoff is latest move to reshape US LTL market

The US less-than-truckload (LTL) market is about to undergo another convulsion, this time caused not by a bankruptcy or merger but the emergence of a “new” LTL...[Click Here]

5896892-news

LA-LB rail dwells show improvement, but import bump could reverse gains

Average dwell times for import containers leaving marine terminals in Southern California by rail have fallen markedly in recent weeks, although...[Click Here]

5896892-news

Capacity glut drives further rate declines on India-US trade

While volume declines typically leave ocean carriers adjusting rates to retain customer support, the huge capacity injection into the India-US trades...[Click Here]

5896892-news

Tight capacity, high demand expected to push air cargo costs higher in 2025

The role of freight forwarders in air cargo is becoming more complex as ongoing capacity constraints and high demand challenges their ability to access...[Click Here]

5896892-news

FedEx to spin off industry-leading FedEx Freight LTL division

FedEx on Thursday said it will spin off its less-than-truckload (LTL) division as an independent company, setting the stage for increased...[Click Here]

5896892-news

IMCs dealing with rail service disruptions amid unusually high volumes

Class I railroads are dealing with disruptions on the US West Coast and in the critically important Chicago market amid an extended peak shipping season that...[Click Here]

5896892-news

Reefer cargo bottlenecks could improve after US scraps warehousing policy

US food importers say the end of a federal policy linked to warehousing will allow them to nab refrigerated storage space more than 50 miles from a port, helping...[Click Here]

5896892-news

M&A pace signals truckload tech industry unsure about ‘unbundling’

A surge of merger & acquisition (M&A) activity in the truckload technology space at the end of 2024 has been coupled with a handful of venture capital...[Click Here]

5896892-news

Trans-Atlantic carriers cue fresh surcharges for early 2025 risks

Ocean carriers are announcing hefty surcharges on the North Europe to US trade lane starting in mid-January, just when fresh disruption may erupt...[Click Here]

5896892-news

Late vessels drive delays across North European ports

Ocean carriers and forwarders are reporting late arrivals by ships in North Europe, causing delays in container handling operations and extending bottlenecks...[Click Here]

5896892-news

DCLI adding GPS to domestic chassis

DCLI will equip more than 152,000 of its domestic chassis with GPS devices over the next two years, a project aimed at filling an information gap about...[Click Here]

5896892-news

Asia-US container spot rates spiking to year-end highs

Container spot rates from Asia to the United States in the remaining weeks of 2024 are spiking to highs not registered since the December of the first year of the...[Click Here]

5896892-news

CPKC’s bridge expansion boosts US-Mexico capacity, reliability

Canadian Pacific Kansas City‘s (CPKC’s) completion of a second span of a bridge connecting Nuevo Laredo, Mexico, and Laredo, Texas boosts...[Click Here]

5896892-news

New Year heralds triple threat to UScontainer shipping

The New Year is set to kick off with multiple bangs. Fifteen days in, the International Longshoremen’s Association (ILA) will strike...[Click Here]

5896891-news

DAT acquires Trucker Tools in move to reduce load board driver churn

The largest US load board provider DAT Freight & Analytics on Tuesday said it has acquired Trucker Tools LLC, one of the most prominent...[Click Here]

5896890-news

Domino effects await if ILA strikes again:analyst

With the negotiations between the International Longshoremen’s Association and the US Maritime Alliance being stalled for the past...[Click Here]

5896889-news

Carriers seek Panama Canal surcharges dueto reservation system changes

CMA CGM and Mediterranean Shipping Co. are seeking an extra $40 per TEU for shipments traversing the Panama Canal from Asia to North... [Click Here]

5896888-news

Front-loading of ocean cargo diminishing,C.H. Robinson CEO says

A yearlong wave of front-loading of ocean cargo is already tapering toward its end, according to C.H. Robinson Worldwide CEO Dave Bozeman... [Click Here]

5896887-news

Ocean carriers outline new trans-Atlantic services from Feb. 1

Ocean Network Express (ONE) is launching three cross-alliance trans-Atlantic services with an outside carrier grouping while partnering on... [Click Here]

5896886-news

Car carriers set for 2025 comedown from record year

After record volumes in 2024, car carrier operators face a slacker year in 2025 amid sluggish vehicle sales, falling vessel charter... [Click Here]

5896885-news

Lunar cargo rush, poor weather clog major Asia ports

A pre-Lunar New Year cargo rush and bad weather causing vessel bunching are congesting major Asian ports, leading to berthing delays... [Click Here]

5896884-news

Carriers roll out new fuel surcharges as EUemissions rules tighten

Ocean carriers are factoring the evolving European Union fuel regulations into their surcharges for next year as carbon tax on... [Click Here]

5896883-news

Mercosur trade deal offers Europe-LatinAmerica backhaul boost

South American forwarders and shippers expect a boost in the backhauls of the slow-growing Europe-to-Latin America trade lanes, pending... [Click Here]

5896882-news

Air cargo payment provider acquires Advent eModal

CargoSprint, a software company specializing in payments and workflow for the air cargo industry, on Monday announced it has acquired... [Click Here]

5896881-news

Worldwide Express rejects lawsuit claims ofcustomer theft, hacking

Worldwide Express on Friday rejected accusations made in a lawsuit that the fourth-largest US freight broker failed to share profits... [Click Here]

5896880-news

Transportation M&A activity seen ready torebound as value of deals rises

Lower capital costs and shifting supply chain demands are setting the stage for a rebound in US logistics and transportation mergers... [Click Here]

5896877-news

ILA plays new Trump card in automationstandoff with USMX

President-elect Donald Trump has waded into contract negotiations between the International Longshoremen’s... [Click Here]

5896862-news

US offshore wind navigates uncertain future asnew Trump term looms

With the US offshore wind industry at a crossroads ahead of a second Trump term, manufacturers and developers in the sector are having to choose whether to forge...[Click Here]

5896859-news

Trump’s backing of ILA puts pressure on carriersto cave to union’s demands

Did President-elect Donald Trump, in issuing a strong statement of support for East and Gulf... [Click Here]

5896855-news

Capacity shortage, aging fleet to clip air cargo wings in 2025: IATA

The sustained demand that has kept air cargo in peak season mode all year is heading into a difficult 2025 with the capacity outlook...[Click Here]

5896849-news

Broker, tech firm partner to root out fake motorcarriers, fight fraud

US shippers losing freight to rising cargo theft and fraud are pushing freight brokers to ensure they work only with legitimate motor...[Click Here]

5896845-news

Significant advantages offered by RMGs comewith costly challenges

Rail-mounted gantry cranes — the sticking point in stalled contract negotiations between the International Longshoremen’s Association (ILA) and maritime...[Click Here]

5896845-news

CPKC, Americold say to expand cold chainpartnership into Mexico

Canadian Pacific Kansas City (CPKC) and warehousing provider Americold said Thursday they are looking for ways to expand their existing partnership into Mexico, a move that would provide an... [Click Here]

5896845-news

Trans-Atlantic air cargo rates take off as capacityshifts to Asia

Westbound trans-Atlantic air cargo rates are rocketing higher as airlines move large amounts of capacity from the North Europe-US corridor... [Click Here]

5896849-news

Busan to target shipping alliances with new $10 billion port to boost competitiveness

Busan is planning to spend $9.8 billion to develop a new container port by 2045 that could handle ships up to 30,000 TEUs... [Click Here]

5896845-news

New terminal sales by Yellow raising stakes for USLTL carriers

The land rush reshaping the US less-than-truckload (LTL) sector is heating up, with bankrupt... [Click Here]

5896842-news

India averts port worker strike with wagedeal ratification

The Indian government has cleared for implementation a tentative wage contract that port authorities hatched with trade unions two months ago, averting potential ... [Click Here]

5896836-news

New Maersk warehouse in France expandsEuropean e-commerce coverage

Maersk began operations at its giant new warehouse in the northern French town of Denain on Wednesday from which it will provide European fulfilment services for... [Click Here]

5896832-news

Port of Portland strikes deal with stevedore to operate container terminal

The Port of Portland has struck a tentative deal with its long-serving stevedore to oversee the Oregon port’s container terminal, which had faced closure this year due to its mounting financial losses... [Click Here]

5896859-news

Ocean carriers take harder line with ILA as January strike date nears

Container lines, after months of trying to maintain a low profile, are pushing harder on the need for automation... [Click Here]

5896832-news

Potential shortage of green fuels ‘keeps us awake’: Hapag-Lloyd CEO

The availability of green fuels to power vessels on the fast-growing dual-fuel order book as they come online over the next few years.... [Click Here]

5878569-news

Lack of heavy-lift air freight capacity forces shiftto ocean transport

A combination of strong heavy-lift and outsized cargo demand, tight air cargo capacity and surging air freight rates has led to a modal.... [Click Here]

5878581-news

Slow-moving renewable projects curtail MPV enthusiasm

Momentum for the multipurpose vessel (MPV) fleet has eased as renewables projects move slower than anticipated, leaving.... [Click Here]

5878711-news

US import ‘surge’ to persist into spring amid continued frontloading: retailers

US retailers said Monday they expect a “continued surge” in imports through the spring due to cargo frontloading amid the specter of labor strife and new tariffs.... [Click Here]

5878682-news

US trucking employment rising, but lags 2023 amid soft demand

US trucking companies increased hiring in November, adding 2,100 jobs to non-seasonally adjusted payrolls after two months of declining employment.... [Click Here]

5878644-news

Wan Hai to expand US trans-Pacific services with ONE slot charter deal

Wan Hai Lines is planning to expand its trans-Pacific network after agreeing to a slot exchange deal with Ocean Network Express (ONE) on the latter’s Pacific South.... [Click Here]

5878610-news

Ongoing Red Sea effect reaches deep into Asia-Europe trade lane

Container shipping is sailing into its second year of diverting around southern Africa, and with no sign of stability returning to the Red Sea — or the Middle East .... [Click Here]

5878469-news

US hydropower restoration projects offer stimulus for project cargo demand

Efforts to restore aging hydropower facilities across the US have been part of an uptick in project activity, helping feed the growing renewable energy segment driving .... [Click Here]

5878434-news

Breakbulk trade stymied by India’s steel import curbs

Breakbulk imports into India have been disrupted by the double whammy of a clampdown on inbound steel trade and more stringent quality requirements with concerns of a.... [Click Here]

5877293-news

FMC halts Premier Alliance start for more information

The Federal Maritime Commission (FMC) on Friday has halted Premier Alliance from becoming effective next week as scheduled, citing insufficient information on the alliance set .... [Click Here]

5877233-news

North America trade to dominate Premier Alliance’s network launch in February

The Asia-North America trade will be the cornerstone of the Premier Alliance's network when it launches its initial 24 services in February according to schedules released Friday.... [Click Here]

5877172-news

Trans-Pac settles into sedate December before New Year’s uncertainties

The overheated trans–Pacific Ocean market is in the midst of a December respite after months of extensive frontloading, but can quickly become roiled again given the razor's-edge .... [Click Here]

5877101-news

Air freight users forced to better manage heavily imbalanced market

More than 12 months of double-digit air cargo demand growth that has outstripped available capacity is combining with constant waves of disruption to force shippers.... [Click Here]

5877093-news

High demand leads to end-of-year surge in Asia-Europe ocean rates

Average spot market rates from Asia to North Europe and the Mediterranean have continued their upward trajectory into December, driven by ocean carrier rate increases .... [Click Here]

5876405-news

Mexico sourcing competitive even with US tariff threat: CPKC, UP

Executives from two Class I railroads told investors this week that tariffs against Mexico and Canada threatened by President-elect Donald Trump would not significantly diminish.... [Click Here]

5876412-news

Canada moves to sunset shipping anti-trust exemption

Canada’s competition watchdog said the exemption afforded to shipping conferences could be allowed to end, following similar moves in the EU and the UK .... [Click Here]

5876411-news

FMC probing reports Spain blocked US-flagMaersk ships

The US Federal Maritime Commission (FMC) is investigating reports that the Port of Algeciras barred US-flag Maersk Line ships serving a Middle East trade for the Department of Defense.... [Click Here]

5876340-news

Truckload brokers eye human-technology balance as AI takes hold

Freight brokers deploying generative AI (GenAI) are creating a path to eventually remove people from tasks where they don’t necessarily belong. .... [Click Here]

5876187-news

India dockworkers threaten strike if wage deal reneged

A looming port strike in India has container lines and shippers on alert as they continue to navigate operational pressures linked to the Red Sea crisis. .... [Click Here]

5875547-news

Reefer supply tightening amid surging US imports

US shippers are finding it more difficult to secure refrigerated (reefer) containers for Asian exports as volumes surge by double-digit percentages ahead of a potential US port strike next month..... [Click Here]

5875527-news

US LTL volumes mostly falling in fourth quarter asmarket realigns

US less-than-truckload (LTL) shipments, tonnage and revenue are dropping in the fourth quarter, pulled down by still-weak US industrial output But that’s not stopping carriers from seeking..... [Click Here]

5875469-news

Europe rolls out its advance cargo filing ICS2 program

The European Union’s advance filing Import Control System 2 (ICS2) regulation was officially rolled out Wednesday, although most carriers have already implemented.... [Click Here]

5874742-news

ILA targets rail-mounted gantry cranes amid impasse in port labor talks

The semi-automated RMGs — which have been in use in the US since 2007 — are seen as the key method for land-constrained terminals, particularly those near urban East Coast.... [Click Here]

5874677-news

Broker automation vendor lands funding round in Broker automation vendor lands funding round in

A software provider developing automation tools for North American truckload brokers has landed $16 million over two funding rounds from venture capital groups.... [Click Here]

5874632-news

As alliance changes loom, a look back provides guidance for the future

We are now only two months away from the end of the 2M and THE shipping alliances and the start of the Premier Alliance and Gemini Cooperation,.... [Click Here]

5874539-news

Canadian investigation again raises questions of Chinese chassis origin

Canada’s Border Services Agency will launch an “anti-circumvention” investigation into whether British Columbia-based chassis manufacturer Ocean Trailer violated .... [Click Here]

5874197-news

‘Peak’ of peak season lifts rates, demand in global air freight market

Air cargo on the major east-west trade lanes flew into its peak shipping period this week with demand outstripping available capacity.... [Click Here]

5873398-news

ONE adds to terminal holdings with stake in Indonesian operator

Ocean Network Express (ONE) has taken a minority stake in an Indonesian container terminal, adding to the carrier’s global terminal portfolio.... [Click Here]

5873372-news

FourKites, project44 resolve legal disputes over defamation, poaching

A long-simmering legal saga between project44 and FourKites — the two biggest names in the real-time transportation visibility space — has been resolved,.... [Click Here]

5872931-news

Co-loader slot deals squeezing pricing power for India-US carriers: forwarders

Desperate market share efforts by smaller carriers working on slot rights are seriously hurting rate dynamics on the India-US East Coast trade lane, according .... [Click Here]

5872735-news

Schedule reliability remains key challenge forChina-Europe rail

VIENNA — The ability to deliver on promised schedules remains one of the main challenges facing rail transport providers on the so-called middle corridor connecting.... [Click Here]

5866225-news

Booming Central Asian economies lend lifeline to China-Europe rail

VIENNA — Geopolitics shaped the middle corridor rail network between China and Europe, but the route has evolved in the past two years from an alternative to.... [Click Here]

5866031-news

Hapag-Lloyd joins Maersk in Chinese methanolsupply deal

Chinese energy producer Goldwind will be supplying both members of the Gemini Cooperation with green methanol from 2026..... [Click Here]

5846861-news

Trump’s labor pick draws longshore and Teamster praise but trucker ire

The incoming Trump administration’s pick for US labor secretary has drawn mixed reactions from the logistics industry, with the International Longshoremen’s Association .... [Click Here]

5846853-news

Hapag-Lloyd says Gemini alliance cargo bookings to open Dec. 3

Gemini Cooperation, the new Maersk/Hapag-Lloyd alliance, will open cargo bookings beginning Dec. 3, two months before the official Feb. 1.... [Click Here]

5833725-news

Evergreen sets up transshipment hub inSingapore with PSA terminal deal

Taiwan’s Evergreen Marine Asia and PSA Singapore on Tuesday signed a deal to form a joint venture terminal operation .... [Click Here]

5833589-news

NYSHEX keeps core vision while evolving in volatile container shipping market

From its origins over a decade ago, NYSHEX, founded and led by Gordon Downes, has always aimed to advance a simple .... [Click Here]

5833489-news

Tightening Europe decarbonization measures will raise shipper costs: carriers

Carriers are warning shippers to expect significant increases in their Emissions Trading System (ETS) surcharges in 2025 as the European Union.... [Click Here]

5833484-news

Asia-Europe ocean rates up sharply ahead of carriers’ Dec. 1 price hikes

Rate levels on the Asia to North Europe and Mediterranean ocean trades spiked this week ahead of significant rate increases to be rolled out on .... [Click Here]

5824318-news

Montreal port employers, union agree to mediation in talks for new contract

Maritime employers at the Port of Montreal will try yet again to reach a deal with dockworkers on a new contract with a mediator’s .... [Click Here]

5824246-news

Smart container vendors create alliance to tackledrug smuggling threat

Providers of hardware and software that allow shipping lines to equip dry containers with sensor technology have partnered in a new alliance to combat drug smugglers.... [Click Here]

5824223-news

Schneider bolsters US East Coast business by acquiring Cowan Systems

Schneider National said Monday it will acquire Cowan Systems for $390 million in cash, cementing its foothold among shippers with distribution centers ..... [Click Here]

5823734-news

Heavy equipment production slowdown to hit ro/ro trade as demand softens

Rough market conditions are grinding down the performance of heavy equipment manufacturers Deere and Caterpillar, with Deere announcing plans to pull back..... [Click Here]

5822957-news

Investors plan to expand US LTL carrier Roadrunner after takeover

An investor group led by CEO Chris Jamroz is acquiring a majority stake in less-than-truckload (LTL) carrier Roadrunner ..... [Click Here]

5822904-news

US retailers prepare for new ILA strike threat, tariffs on China imports

US retailers are telling investors that after successfully managing the three-day port strike along the East and Gulf coasts in early October, ..... [Click Here]

5820605-news

Freightos, e2open link up on airfreight e-bookings for forwarders

Software vendors Freightos and e2open have integrated their systems to help forwarders access dynamic air freight rates within Freightos’ ..... [Click Here]

5820605-news

Maersk’s methanol ship conversion testsretrofitting business case

Maersk has made its first dual-fuel, methanol-capable vessel conversion as the carrier tests the feasibility of retrofitting ... [Click Here]

5820605-news

US LTL carriers laying groundwork for higher pricing in 2025

US less-than-truckload (LTL) carriers are laying the groundwork for higher pricing in 2025, well ... [Click Here]

5820605-news

Intermodal shippers still feeling ripple effects from Florida hurricanes

Intermodal shippers are still facing disruption in service to central Florida on CSX Transportation in ... [Click Here]

5820605-news

Global ocean volume in Q3 beat pandemic record: Blue Alpha Capital

The 47 million TEUs transported by ocean carriers in the third quarter comprised the highest ... [Click Here]

5820605-news

Lack of consolidation driving freight visibility differentiation, competition

It’s been more than three years since the last major consolidation within the real-time transportation ... [Click Here]

5820605-news

US importers dabbling in frontloading ahead of new tariff threat

US importers are better prepared for the imminent tariffs that President-elect Donald Trump has ... [Click Here]

5820605-news

Cargo push to continue amid mounting market pressures: Zim

US import volumes are expected to remain elevated into 2025 amid cargo frontloading driven by ... [Click Here]

5820605-news

Supply chain needs compete with political concerns for US offshore wind

An inadequate domestic supply chain poses greater challenges to developing the US offshore wind ... [Click Here]

5820605-news

Regulator proposes tougher transparency requirements for US freight brokers

A regulation that would let US trucking companies access and review rates shippers pay to brokers ... [Click Here]

5820605-news

NVOs eager to get past carriers’ tight grip on unexpectedly favorable market

Non-vessel-operating common carriers (NVOs) will look back on 2024 as a challenging year in two ... [Click Here]

5820605-news

Uncertain nuclear outlook in US clouds demand picture for MPV sector

A commitment to meeting climate goals even as energy demand escalates is supercharging the ... [Click Here]

5820605-news

Uncertain nuclear outlook in US clouds demand picture for MPV sector

A commitment to meeting climate goals even as energy demand escalates is supercharging the ... [Click Here]

5820605-news

China logistics giant SF Holding launches $793 million Hong Kong IPO

SF Holdings, China's largest express and integrated logistics company, launched an initial pub ... [Click Here]

5820605-news

Former congressman, TV host gets Trump’s nod to lead DOT

The incoming Trump administration has announced former congressman and television host Sean ... [Click Here]

5820605-news

UP hikes LA-LB surcharges again as volumes remain elevated

Union Pacific Railroad (UP) has again increased surcharges on shippers exceeding their weekly .... [Click Here]

5820605-news

NYSHEX says will launch ocean freight rate indexes next year

The New York Shipping Exchange (NYSHEX) on Tuesday said it will launch a series of free ocean .... [Click Here]

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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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Stabilizing MPV rates belie geographical imbalances

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

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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]

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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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