amp 34 A recent C.H. Robinson survey of shipper customers found sustainability was their second biggest pain point. Photo credit: . amp 34 / Interest in sustainability has reached a “tipping point” among global shippers, amp nbsp and that is putting pressure on smaller compan....
Joc
Published 3y-7mo-19h-44m ago
amp 34 Blue Yonder amp 39 s history is filled with key acquisitions in the transportation, inventory, and warehouse management sectors, most notably its purchases of Manugistics and i2 Technologies in the 2000s. Photo credit: . amp 34 / Japanese conglomerate Panasonic acquired s....
Joc
Published 3y-7mo-21h-13m ago
amp 34 Montreal’s longshore union said it has made no headway with employers in new contract talks. Photo credit: . amp 34 / Longshore workers at the Port of Montreal say they’ll begin an indefinite strike on Monday, the latest salvo in an ongoing labor dispute that has cause....
Joc
Published 3y-7mo-22h-24m ago
amp 34 After banking record profits in 2020, OOCL has made a running start to the year, reporting strongly improved performances on all its trade lanes. Photo credit: OOCL. amp 34 / Hong Kong based carrier OOCL amp nbsp Friday amp nbsp posted huge increases in revenue amp nbsp and....
Joc
Published 3y-7mo-1d ago
amp 34 Oakland continues to struggle with vessel bunching, although the port expects waterside operations to be back to normal in two months. Photo : . amp 34 / Cargo owners who are diverting a portion of their shipments to the ports of Oakland and Seattle Tacoma to avoid conges....
Joc
Published 3y-7mo-1d-1h-14m ago
Leer, 22 April 2021. amp nbsp The multipurpose heavy lift vessel BBC PEARL, operated by BBC Chartering, has successfully loaded two tower units and accompanying accessories in the Port of Tallinn, Estonia. Swift Worldwide Logistics entrusted the German multipurpose and heavy lift shipping ....
Joc
Published 3y-7mo-1d-1h-35m ago
Mammoet’s amp nbsp new amp nbsp Group Commercial Officer amp nbsp Darren Adams amp nbsp is amp nbsp making it his mission to serve amp nbsp small and medium sized businesses amp nbsp better than ever before amp nbsp and it’s more than just talk. amp nbsp Throughout a lifetime in heavy l....
Joc
Published 3y-7mo-1d-1h-39m ago
amp 34 The Port of Charleston’s use of state employees for longshore work is subject of a $200 million suit. Photo credit: English Purcell/SCPA. amp 34 / The International Longshoremen’s Association ILA has amp nbsp sued Hapag Lloyd and the United States Maritime Alliance U....
Joc
Published 3y-7mo-1d-1h-44m ago
amp 34 The BBC Pearl loads tower units and accessories bound for South Africa in Tallinn, Estonia, last week. Photo credit: BBC Chartering. amp 34 / Oil and gas capital projects amp nbsp delayed by the pandemic driven oil price crash of April 2020 amp nbsp are back on the drawing ....
Joc
Published 3y-7mo-1d-2h-27m ago
amp 34 A 4.4 percent month to month drop in daily tonnage at Old Dominion Freight Line was followed by a 10.7 percent rebound in March. Photo credit: ODFL. amp 34 / Truckload carriers may be tightening their grip on amp nbsp capacity amp nbsp as freight demand and rates rise, but ....
Joc
Published 3y-7mo-1d-19h-29m ago
amp 34 ew Orleans Terminal says a proposed $25 fee per loaded container is meant to fund improvements to handle growth at the port. Photo credit: Shutterstock. amp 34 / The Port of New Orleans’s two main container terminals amp nbsp will hold off, for now, amp nbsp collecting an....
Joc
Published 3y-7mo-1d-21h-10m ago
amp 34 Online freight platforms are particularly appealing to logistics providers seeking to tap into demand from small shippers with limited logistics experience. Photo credit: . amp 34 / The shipping industry can benefit from standard rules governing the sale of capacity on onl....
Joc
Published 3y-7mo-1d-22h-5m ago
Are you looking for ultimate transparency for your time critical shipments In Airspace’s latest white paper, learn about the key issues that hospitals and laboratories face when transporting critical medical specimen shipments, and how shipping automation has prevented devasting delays for....
Joc
Published 3y-7mo-1d-22h-23m ago
amp 34 US direct to consumer sales increased 45.5 percent in 2020, according to eMarketer. Photo credit: . amp 34 / As more amp nbsp retail goods makers amp nbsp focus on e commerce and amp nbsp direct to consumer DTC amp nbsp strategies, they will need to reorient their logist....
Joc
Published 3y-7mo-2d-16m ago
amp 34 Market developments suggest the skyhigh spot rates could ease in the coming months. Photo credit: CMA CGM. amp 34 / Spot rates on the major trades out of Asia have amp nbsp plateaued through the first quarter, and although amp nbsp prices amp nbsp remain amp nbsp at highly ....
Joc
Published 3y-7mo-2d-37m ago
amp 34 Lower first quarter shipment volumes reflected the physical impact of storms, not the actual level of freight demand, which remained high, with shipments postponed. Photo credit: . amp 34 / Frigid first quarter temperatures may have reduced US shipment volumes, but they di....
Joc
Published 3y-7mo-2d-19h-38m ago
amp 34 Freight rates for midsize shippers this year are double the rates in the 2020 21 contracts. Photo credit: . amp 34 / Container lines have secured trans Pacific service contract rates with midsize shippers at approximately double the rates from last year’s agreements, and....
Joc
Published 3y-7mo-2d-21h-50m ago
amp 34 Parcel carriers increased their share of total Top 50 Trucking revenue from 42.9 percent in 2019 to 47.2 percent last year. Photo credit: . amp 34 / The key to growth for the 50 largest US trucking operators last year was simple: The more a business was tied to e commerce,....
Joc
Published 3y-7mo-2d-22h ago
amp 34 DP World has been building a catalog of services, technology products, and trade facilitation initiatives to expand on its role as a container terminal operator. Photo credit: . amp 34 / A amp nbsp DP World driven initiative offering shippers logistics incentives in exchan....
Joc
Published 3y-7mo-2d-22h-16m ago
amp 34 The proposal from ship owners and operators submitted to the International Maritime Organization seeks to block the European Union’s plan to include the shipping industry in its emissions trading system. Photo credit: Shutterstock. amp 34 / The amp nbsp largest trade grou....
Joc
Published 3y-7mo-3d-12h-51m ago
amp 34 Memphis containerized shippers want the STB to intervene to stop railroads from charging storage while containers are on the ground due to a chassis shortage. Photo credit: Austin John Brown/ . amp 34 / A group of Memphis importers, exporters, and truckers has asked the US ....
Joc
Published 3y-7mo-3d-19h-27m ago
amp 34 Spot truckload rates have hit a level where shippers may not be able to pay the amounts requested, DAT’s Ken Adamo says. Photo credit: . amp 34 / Actual truck tonnage hauled by for hire amp nbsp US amp nbsp motor carriers increased 8.9 percent in March from February, amp....
Joc
Published 3y-7mo-3d-20h-37m ago
amp 34 Canadian National’s unsolicited bid for Kansas City Southern could trigger a bidding war with Canadian Pacific. Photo credit: . amp 34 / Canadian National CN Railway on Tuesday made an unsolicited bid to amp nbsp acquire amp nbsp Kansas City Southern KCS Railway amp ....
Joc
Published 3y-7mo-3d-21h-55m ago
amp 34 Turkish Cargo, one of the world amp 39 s largest air freight carriers, reported a 13.5 percent year over year increase in first quarter volume. Photo credit: Turkish Cargo. amp 34 / Global air cargo capacity amp nbsp available amp nbsp for amp nbsp real time amp nbsp booki....
Joc
Published 3y-7mo-3d-23h-15m ago
amp 34 The use of visibility technology to mitigate risk could become a strong lure in high value industries beset by cargo theft and damage. Photo credit: . amp 34 / A $2.3 million seed funding round amp nbsp for amp nbsp cargo loss prevention oriented amp nbsp sensor amp nbsp p....
Joc
Published 3y-7mo-3d-23h-52m ago
amp 34 Gulf Coast ports handled 5.4 percent of total US imports from Asia in 2020, up from 5 percent in 2019. Photo credit: Port of Houston Authority. amp 34 / Ports along the US Gulf Coast expect to build on last year’s gains in containerized imports from Asia with a new all wa....
Joc
Published 3y-7mo-4d-2h-36m ago
amp 34 Roadrunner Freight hopes to win back customers with improved service and guarantees. Photo credit: Roadrunner. amp 34 / A fresh $50 million in funding and the addition of prominent new leadership are aimed at accelerating the reinvention and growth of Roadrunner Freight, th....
Joc
Published 3y-7mo-4d-19h-50m ago
amp 34 The TraPac terminal in the Port of Los Angeles pictured is one of two fully automated terminals on the US West Coast. Photo credit: TraPac. amp 34 / Southern California terminal operator amp nbsp veteran amp nbsp Dan Bergman has been named president and CEO of amp nbsp Tr....
Joc
Published 3y-7mo-4d-21h-57m ago
amp 34 Difficulties in returning empty containers to the Port of New York and New Jersey are hurting driver efficiency and adding to shippers’ costs. Photo credit: . amp 34 / The difficulties amp nbsp faced by amp nbsp port truckers in amp nbsp returning amp nbsp empty containe....
Joc
Published 3y-7mo-4d-22h-23m ago
We are pleased to announce the appointment of Rasmus Frandsen as Director Business Development at our Houston office. Rasmus got on board on 12 April 2021.Rasmus brings extensive chartering and project experience to his new role at Bertling. He joins us from Intermarine, where he worked in di....
Joc
Published 3y-7mo-4d-23h-41m ago
Menzel’s responsibilities include the strategic and operational management of TGP Germany and Natco Germany. As Managing Director, the 35 year old’s key focus is on further driving the growth strategy for the German market. Menzel explains: “Despite the corona pandemic, the German marke....
Joc
Published 3y-7mo-4d-23h-43m ago
amp 34 SAL’s Trina and Jumbo’s Fairlane at berth at the Port of Hamburg. Credit: SAL Heavy Lift. amp 34 / A amp nbsp joint venture between Jumbo Shipping and SAL Heavy Lift amp nbsp has been amp nbsp formally launched following approval by German regulators. The move, amp nbsp....
Joc
Published 3y-7mo-5d-51m ago
amp 34 March marked the ninth consecutive month of record or near record imports from Asia, an unprecedented streak of import volumes in the eastbound trans Pacific. Photo : . amp 34 / Already booming amp nbsp US imports from Asia amp nbsp accelerated even further amp nbsp in Ma....
Joc
Published 3y-7mo-1w-19h-55m ago
amp 34 J.B. Hunt is by far the largest domestic container owner in the US, double the fleet size of its nearest competitor, and more than all the US railroad owned containers combined. Photo credit: Ted Tanner/Flickr. amp 34 / J.B. Hunt Transport Services has doubled its target fo....
Joc
Published 3y-7mo-1w-22h-52m ago
amp 34 The constraints of losing pilots to quarantine for two weeks every time they returned to Hong Kong cut Cathay Pacific’s available capacity by almost 40 percent in the first quarter. Photo credit: Shutterstock. amp 34 / Fully vaccinated amp nbsp Hong Kong based amp nbsp cr....
Joc
Published 3y-7mo-1w-1d-39m ago
amp 34 Chain.io provides systems integrations to a range of logistics companies and shippers, helping them connect transportation and rate management tools to other enterprise systems. Photo credit: . amp 34 / Logistics software integration specialist Chain.io has raised $5 milli....
Joc
Published 3y-7mo-1w-1d-2h-53m ago
amp 34 Massport port chief said Conley Terminal is in amp 34 11th hour amp 34 due to current inability to serve post panamax vessels. Photo credit: Massport. amp 34 / The Port of Boston hopes amp nbsp three new ship to shore cranes at its Conley Terminal will bring a second As....
Joc
Published 3y-7mo-1w-2d-19h-2m ago
amp 34 Meera Joshi battled app based ridesharing companies while chair and CEO of New York City amp 34 / A New York City taxi regulator who pioneered the use of data tools to weed out unsafe drivers amp nbsp and amp nbsp devised amp nbsp a pay protection program amp nbsp for drive....
Joc
Published 3y-7mo-1w-2d-19h-27m ago
amp 34 A 44 percent increase in e commerce sales brought two new parcel carriers to the 2020 rankings of the Top 50 Trucking Companies. Photo credit: . amp 34 / The fastest growing amp nbsp US amp nbsp trucking companies amp nbsp last year amp nbsp weren’t necessarily ‘trucki....
Joc
Published 3y-7mo-1w-2d-20h ago
amp 34 Hapag Lloyd said Wednesday it had ordered 150,000 TEU of dry freight containers at Chinese box makers for delivery this year. Photo credit: . amp 34 / China International Marine Containers CIMC saw a surge in dry freight container sales in the first quarter as amp nbsp c....
Joc
Published 3y-7mo-1w-2d-23h-9m ago
amp 34 Significant new capacity has been ordered by carriers in the past few months. Photo credit: Shutterstock. amp 34 / Container lines are amp nbsp on track to be more profitable this year than last and stay in the black through amp nbsp 2022, but how demand measures up to a ne....
Joc
Published 3y-7mo-1w-3d-6m ago
amp 34 Yellow is preparing to retire brand names such as YRC Freight, Holland, Reddaway, and New Penn as it integrates its networks. Photo credit: Yellow Corp. amp 34 / The former YRC Worldwide is amp nbsp changing its leadership in addition to its amp nbsp brand identity, amp nbs....
Joc
Published 3y-7mo-1w-3d-19h-17m ago
amp 34 The unanimous 5 0 vote is the final step to enact a 39.14 percent countervailing duty, which North American producers such as Stoughton Trailers argue will make their chassis more competitive in the market. Photo credit: Joe Stewart/Flickr. amp 34 / The US International Tra....
Joc
Published 3y-7mo-1w-3d-20h-22m ago
amp 34 Freight invoice auditing is traditionally handled in house by shippers or farmed out to third parties like freight audit and payment providers, or supply chain consultants. Photo credit: . amp 34 / OpenEnvoy amp nbsp said Tuesday it has snagged a $6.5 million seed round fr....
Joc
Published 3y-7mo-1w-3d-23h-12m ago
amp 34 Steady demand from US importers is keeping ships full on the trans Atlantic trades, but rates are rising and schedule reliability is deteriorating. Photo credit: SCSPA. amp 34 / Spot rates amp nbsp on the trans Atlantic westbound trade amp nbsp have shot up to $2,548 per am....
Joc
Published 3y-7mo-1w-4d-55m ago
amp 34 The last mile accounts for 53 percent of the total shipping and transportation cost of a given item according to Cap Gemini. Photo credit: . amp 34 / New entrants are redefining the last mile landscape that has traditionally been the realm of FedEx, UPS, and amp nbsp the U....
Joc
Published 3y-7mo-1w-4d-1h-56m ago
amp 34 Access to working capital and freight factoring options has become a key issue for small businesses that are often overlooked by larger, risk averse lenders. Photo credit: . amp 34 / Finance amp nbsp lender amp nbsp eCapital amp nbsp on Tuesday said it has consolidated eig....
Joc
Published 3y-7mo-1w-4d-4h-52m ago
amp 34 Union Pacific Railroad has never assessed a peak season surcharge so early in a year, and intermodal marketing executives believe the fees will only continue to escalate. Photo credit: Philip Pilosian/ . amp 34 / Union Pacific Railroad is raising the surcharge on excess con....
Joc
Published 3y-7mo-1w-4d-18h-50m ago
amp 34 The diversion of cargo through Halifax, according to the Canadian Manufacturers and Exporters group, is “incurring millions in additional costs every week” for its members. Photo Credit: . amp 34 / Canadian manufacturers on Monday joined an agricultural group in urging....
Joc
Published 3y-7mo-1w-4d-19h-52m ago
amp 34 Carriers are getting more involved in rail routes from Asia as they cater to shippers looking for alternatives to tight air and ocean services. Photo credit: . amp 34 / Mediterranean Shipping Co. launched its first amp nbsp Asia Europe amp nbsp sea rail amp nbsp service vi....
Joc
Published 3y-7mo-1w-5d-10m ago
In March 2020, the novel coronavirus disrupted communities, commerce,industry and our way of life. We have yet to realize the full impact the viruswill have on the future of business. One thing that has become clear is thatbusiness continues to move, and there’s no industry where that is mo....
Joc
Published 3y-7mo-1w-5d-2h-16m ago
amp 34 Adjustments made by carriers amid the US import surge are creating much bigger problems further down the supply chain, manifesting in reduced productivity and imbalances on key inland components. Photo credit: . amp 34 / Now that the Suez Canal has been unblocked, attentio....
Joc
Published 3y-7mo-1w-5d-2h-21m ago
Transportation teams have a mandate to keep costs low without sacrificing performance. This isn’t an easy job, and the work is never over. Lowering transportation costs is no longer as simple as selecting the cheapest provider on a cost per mile basis.Every step in the lifecycle of a shipme....
Joc
Published 3y-7mo-1w-5d-2h-33m ago
amp 34 Even before the expiration of a truce that ended a series of summer strikes and the union rejected a contract proposal in late March, US and Canadian shippers had been diverting cargo away from the port. Photo Credit: amp 34 / Montreal port employers say they won’t be p....
Joc
Published 3y-7mo-2w-2h-1m ago
amp 34 Even before the expiration of a truce that ended a series of summer strikes and the union rejected a contract proposal in late March, US and Canadian shippers had been diverting cargo away from the port. Photo credit: . amp 34 / Tensions between Montreal employers and long....
Joc
Published 3y-7mo-2w-2h-1m ago
amp 34 Even before the expiration of a truce that ended a series of summer strikes and the union rejected a contract proposal in late March, US and Canadian shippers had been diverting cargo away from the port. Photo Credit: amp 34 / Tensions between Montreal employers and longs....
Joc
Published 3y-7mo-2w-2h-1m ago
amp 34 A proliferation of forwarding technology, from new digital forwarders to interfaces for existing forwarders to freight marketplaces, is giving shippers service options. Photo credit: . amp 34 / A new freight forwarding marketplace amp nbsp launched this week in North Ameri....
Joc
Published 3y-7mo-2w-21h-25m ago
amp 34 The Leatherman terminal officially opened with the arrival of the Hapag Lloyd Yorktown Express, shortly after 3 pm eastern on Apr. 9. Photo credit: English Purcell/SCPA. amp 34 / The arrival of the first imports at the Port of Charleston’s new Hugh K. Leatherman terminal ....
Joc
Published 3y-7mo-2w-21h-30m ago
amp 34 This year’s hurricane season could compound the disruption from port congestion, capacity shortages, and the still present pandemic. Photo credit: Hurricane Harvey, 2017, Houston . amp 34 / US shippers and transportation providers need to start preparing now for a pote....
Joc
Published 3y-7mo-2w-22h-56m ago
amp 34 Maersk has been steadily targeting shippers in different size and complexity categories with a range of new technologies and services. Photo credit: . amp 34 / A amp nbsp new amp nbsp managed transportation services MTS product from Maersk targeting large shippers that o....
Joc
Published 3y-7mo-2w-1d-24m ago
amp nbsp amp 34 Shippers exporting via Chinese hubs will soon be facing container shortages as ship delays and congestion in Europe resulting from the Suez blockage slow the return of boxes urgently needed to serve heavy demand, especially from US retailers. Photo credit: . amp 34 ....
Joc
Published 3y-7mo-2w-1d-51m ago
amp 34 Sources say vessel delays have flared again at PortMiami over the past month, but now carriers are blaming mechanical issues and port issues in Honduras and Guatemala. Photo credit: . amp 34 / Vessel delays and port congestion in South Florida are threatening to spoil the ....
Joc
Published 3y-7mo-2w-1d-2h-25m ago
amp 34 Rail owned containers, known as UMAX and EMPs, have been difficult to find because of the surge in intermodal volumes, one of several challenges to service shippers in Q1. Photo credit: Al Mullins/Flickr. amp 34 / The cost differential between intermodal rail and truckload ....
Joc
Published 3y-7mo-2w-1d-22h-25m ago
amp 34 Hub ports in North Europe will struggle to handle the surge in volume through April as carriers slowly recover schedules thrown out by the Suez blockage. Photo credit: Shutterstock amp 34 / Congestion in North Europe’s major ports will reach “critical” levels over the....
Joc
Published 3y-7mo-2w-2d-6m ago
amp 34 Cainiao has teamed up with Atlas Air and LATAM Airlines to launch China South America flights. Photo credit: Cainiao. amp 34 / Air cargo demand on trade lanes out of Asia amp nbsp is being amp nbsp supported by robust manufacturing activity amp nbsp across amp nbsp the US a....
Joc
Published 3y-7mo-2w-2d-26m ago
On Wednesday, April 21, companies in the North American logistics and technology industry will attend the LYT21 online event. There they will discover the most disruptive innovations being applied to supply chains.After the success of the first edition, the LYT20, ChainGO has decided to under....
Joc
Published 3y-7mo-2w-2d-1h-36m ago
amp 34 Amtrak wants to restart a passenger service that would run on track owned by CSX. Photo credit: . amp 34 / The Alabama State Port Authority has amp nbsp come down on the side of CSX Transportation and Norfolk Southern Railway in their bid to block Amtrak from resuming a Gu....
Joc
Published 3y-7mo-2w-2d-4h-52m ago
amp 34 Amtrak wants to restart a passenger service that would run on track owned by CSX. Photo credit: . amp 34 / The Alabama State Port Authority ASPA has amp nbsp come down on the side of CSX Transportation CSX and Norfolk Southern amp nbsp Railway NS amp nbsp in their bi....
Joc
Published 3y-7mo-2w-2d-4h-52m ago
amp 34 The NRF says port related supply chains could be strained through peak season 2021. Photo credit: . amp 34 / US retailers will not let up on their ordering binge this summer, projecting Wednesday that import volumes will remain at record or near record levels through Augus....
Joc
Published 3y-7mo-2w-2d-19h-48m ago
amp 34 Investors have plunged capital into startups tackling the digitization of US Mexico cross border logistics and finance over the past two years. Photo credit: . amp 34 / On Wednesday, cross border digital freight broker Nuvocargo landed a $12 million funding round to build ....
Joc
Published 3y-7mo-2w-2d-20h-28m ago
amp 34 AV developers such as TuSimple are reaching out to potential customers and suppliers to form partnerships. Photo credit: TuSimple. amp 34 / Autonomous Class 8 truck developer amp nbsp TuSimple amp nbsp hopes to raise $1.2 to $1.3 billion in an initial public offering IPO ....
Joc
Published 3y-7mo-2w-2d-20h-52m ago
amp 34 Lineage Logistics is expanding an off dock refrigerated warehouse. Photo credit: Lineage Logistics. amp 34 / The Port of New Orleans Port NOLA will help fund amp nbsp the amp nbsp expansion of amp nbsp an adjacent amp nbsp cold amp nbsp storage facility amp nbsp in a bid....
Joc
Published 3y-7mo-2w-2d-21h-4m ago
amp 34 Haven, acquired by visibility provider FourKites Wednesday, is used by shippers to manage international shipments and the documentation related to those shipments. Photo credit: . amp 34 / Freight visibility provider FourKites on Wednesday said it has acquired global logis....
Joc
Published 3y-7mo-2w-3d-27m ago
amp 34 It will be a profitable start to the year for Cosco Shipping, with demand on the main trades keeping ships full and rates up. Photo credit: . amp 34 / Cosco amp nbsp Shipping Holdings expects to bank a net profit of amp nbsp $2.35 billion in the amp nbsp first quarter, amp....
Joc
Published 3y-7mo-2w-3d-1h-11m ago
amp 34 Transportation software providers are adding last mile and parcel technology companies to their platforms. Photo credit: . amp 34 / Transportation management software TMS provider MercuryGate has acquired Cheetah Software Systems to expand its reach into last mile, parce....
Joc
Published 3y-7mo-2w-3d-2h-45m ago
amp 34 Transportation software providers are adding last mile and parcel technology companies to their platforms. Photo credit: . amp 34 / Transportation management software TMS provider MercuryGate has acquired Cheetah Software Systems to expand its reach into last mile, parce....
Joc
Published 3y-7mo-2w-3d-2h-45m ago
amp 34 Shippers and forwarders struggle to create consistency in visibility milestones across the range of container lines they use, something the DCSA is trying to solve. Photo credit: . amp 34 / Five of the nine container line members of the Digital Container Shipping Associati....
Joc
Published 3y-7mo-2w-3d-11h-52m ago
amp 34 Norfolk Southern reconfigured a major intermodal yard to speed up container flow, but it’s said to be managing volume on a weekly basis. Photo credit: . amp 34 / Heavy volumes of ocean containers coming into Norfolk Southern’s Landers intermodal yard in Chicago are bac....
Joc
Published 3y-7mo-2w-3d-20h-13m ago
amp 34 Smaller trucking companies such as AMX are looking for ways to keep drivers and increase pay as larger competitors make big wage hikes. Photo credit: Alabama Motor Express. amp 34 / Truck driver pay is rising as US shippers pay higher rates and amp nbsp carriers amp nbsp fi....
Joc
Published 3y-7mo-2w-3d-20h-14m ago
amp 34 NJ Governor Phil Murphy watches as ILA member receives COVID 19 vaccine. Photo credit: Michael Angell. amp 34 / A two day event to vaccinate longshore labor at the Port of New York and New Jersey against COVID 19 aims to bring more workers back to marine terminals that are ....
Joc
Published 3y-7mo-2w-3d-23h-36m ago
amp 34 Rates on trade from Asia to North Europe remain at a high level amid strong demand and supply chain disruption. Photo credit: CMA CGM. amp 34 / Average long term container freight rates for Asia North Europe trade have jumped 155 percent in the past three months as shippers....
Joc
Published 3y-7mo-2w-4d-28m ago
amp 34 Some truckers and the Teamsters union have been pushing for drivers to be classified as employees, rather than independent contractors, for more than a decade. Photo credit: . amp 34 / A package of three bills introduced in the California state Senate and Legislature prese....
Joc
Published 3y-7mo-2w-4d-18h-49m ago
amp 34 Trucking firms added 7,800 actual jobs before seasonal adjustment in March but are still 19,200 jobs short of their pre pandemic employment peak in February 2020. Photo credit: . amp 34 / The US for hire trucking sector amp nbsp exceeded amp nbsp hiring expectations in Mar....
Joc
Published 3y-7mo-2w-4d-19h-15m ago
amp 34 The BBC Emerald loading cargo at the Port of Bremerhaven. Photo credit: . amp 34 / Update: a previous version of this story said the MPV/HL order book was 55 percent heavy lift vessels. New data from Drewry indicates that heavy lift ships make up 53 percent of the orderboo....
Joc
Published 3y-7mo-2w-4d-19h-17m ago
In recent years, the trucking industry has seen an influx of new technologies that promise an amp nbsp alternative to the existing annual RFP for truckload capacity. Adoption of those new approaches to amp nbsp truckload procurement have seen fits and starts as the industry has alternated bet....
Joc
Published 3y-7mo-2w-4d-20h-55m ago
amp 34 COVID 19 affected third party logistics providers differently depending on their customer exposure. Photo credit: . amp 34 / The COVID 19 pandemic powered strong growth for the largest global third party logistics providers 3PLs as it aided in securing medical products f....
Joc
Published 3y-7mo-2w-5d-8m ago
amp 34 Higher manufacturing output will generate more freight at a time when transportation capacity is tight across the board. Photo credit: . amp 34 / Rapid improvement in the US manufacturing economy is setting the stage for a new wave of freight demand, pitting industrial shi....
Joc
Published 3y-7mo-3w-1d-21h-31m ago
amp 34 The Jupiter Warnow carrying wind tower sections and containers on deck. Photo credit: AAL. amp 34 / The breakbulk market recovery is accelerating, as evidenced by multipurpose/heavy lift MPV/HL charter rates jumping 18 percent year over year as of April. According to Hamb....
Joc
Published 3y-7mo-3w-1d-22h-49m ago
amp 34 Allocating berths to the wave of container ships heading for hub ports in Europe will be a complex and lengthy process. Photo credit: . amp 34 / Ocean carriers are in damage control mode as they face the daunting task of recovering schedules upset by the Suez Canal closure....
Joc
Published 3y-7mo-3w-2d-44m ago
amp 34 A lengthy three week quarantine for arrivals in Hong Kong, including air crew, cut Cathay Pacific Cargo capacity by 23 percent in February. Photo credit: . amp 34 / Air cargo rates out of China to Europe and North America are rising as forwarders report a strong increase i....
Joc
Published 3y-7mo-3w-2d-2h-30m ago
amp 34 Wind turbines are a breakbulk cargo mainstay for carriers and ports. Photo credit: Port of Houston. amp 34 / The Biden administration is lighting a fire under the US amp 39 commitment to offshore wind energy, saying that multiple federal agencies will boost infrastructure....
Joc
Published 3y-7mo-3w-2d-4h-52m ago
amp 34 The bump in the JOC Truckload Capacity Index signals confidence among the largest US carriers, but significant loosening of capacity still awaits the return of more truck drivers. Photo credit: . amp 34 / Some of the largest US truckload carriers added a sliver of capacity....
Joc
Published 3y-7mo-3w-2d-21h-50m ago
The need for LTL expertise is growing as rapidly changing consumer habits have profound impacts on the overall supply chain. A noticeable gap in LTL educational resources drove SMC³ and LogisticsTrainingCenter.com to create LTL online courses and the industry’s only online certification pr....
Joc
Published 3y-7mo-3w-2d-22h-11m ago
amp 34 Cosco said total liftings for its liner businesses climbed 2.4 percent to 26.3 million TEU last year. Photo credit: . amp 34 / Adding an extra 40 ships to its fleet amid a rebound in demand and freight rates helped Cosco Shipping Holdings post a fourfold increase to RMB13.....
Joc
Published 3y-7mo-3w-3d-20h-32m ago
amp 34 Drayage operators are urged to build strong partnerships with industry stakeholders and community leaders as container volumes increase. Photo credit: . amp 34 / The Harbor Trucking Association HTA in Southern California said Tuesday it has begun the search for a new CEO....
Joc
Published 3y-7mo-3w-3d-20h-43m ago
amp 34 Daniel Maffei will succeed Michael Kouri, who was nominated by then president Barack Obama to the FMC in 2009 and designated as chairman during the Trump administration. Photo credit: . amp 34 / US President Joseph Biden has designated Daniel Maffei to lead the Federal Mar....
Joc
Published 3y-7mo-3w-3d-21h-32m ago
amp 34 As for profit companies, ocean carriers are not obligated by US law to carry cargo that is unprofitable or merely less profitable than other options they may have. Photo credit: . amp 34 / US agricultural exporters, facing challenges obtaining bookings, equipment, amp nbsp....
Joc
Published 3y-7mo-3w-3d-21h-49m ago
amp 34 The JOC Trucking Employment index dropped 0.3 percentage points in February to 102, as trucking hiring slowed during severe winter weather. Photo credit: . amp 34 / Truck drivers may be in short supply and high demand, but they’re not leaping at opportunities to leave th....
Joc
Published 3y-7mo-3w-4d-31m ago
amp 34 The Ever Given was finally refloated on Monday and towed out of the way, allowing traffic flows to resume through the Suez Canal. Photo credit: Suez Canal Authority. amp 34 / Maersk is expecting capacity losses of 20 to 30 percent “over multiple weeks” as the ripple eff....
Joc
Published 3y-7mo-3w-4d-1h-13m ago
amp 34 Container makers usually have a forward order book of two or three months, but that has almost doubled amid the global equipment shortage. Photo credit: . amp 34 / Container makers are seeing record prices for dry freight boxes, while the forward order book is the longest ....
Joc
Published 3y-7mo-3w-4d-23h-7m ago
amp 34 Industry observers believe volume at India’s Mundra port, which is already on the upswing, will see further traction from transshipment inflow linked to the Suez Canal disruption. Photo credit: Adani Group. amp 34 / Indian trade authorities have laid out an action plan to....
Joc
Published 3y-7mo-3w-5d-1h-6m ago
amp 34 Despite the successful refloating of Ever Given and the backlog starting to move, carriers warn that downstream effects on ocean supply chains could linger for weeks. Photo credit: Boskalis. amp 34 / The salvage firm hired to unlodge the Ever Given from the banks of the Sue....
Joc
Published 3y-7mo-3w-5d-2h-8m ago
amp 34 Shippers tend to want visibility data contextualized within a planning, procurement, or execution system, a fact that has led Blume to more closely connect its data to it network of capacity providers. Photo credit: . amp 34 / Logistics software provider Blume Global on Mo....
Joc
Published 3y-7mo-3w-5d-4h-52m ago
amp 34 Dredgers are trying to dig the Ever Given amp 39 s bow out of the eastern bank of the Suez Canal, but Evergreen said Saturday it could take up to three more days before the ship can finally be freed and towed out of the way. Photo credit: Suez Canal Authority amp 34 / Ship....
Joc
Published 3y-7mo-3w-6d-21h-57m ago
amp 34 The port authority has announced rebates of up to 85 percent on its existing vessel related charges for carriers connecting Cochin to ports in the US, Europe, Africa, Australia, and the Far East. Photo credit: DP World Subcontinent. amp 34 / Container carriers considering a....
Joc
Published 3y-7mo-4w-21h-42m ago
amp 34 Regardless of whether the STB takes an six month or ten month review, shipper associations want their concerns of consolidation leading to less competition to be assuaged. Photo credit: Eric Buermeyer/ . amp 34 / While North American shipper associations have reacted positi....
Joc
Published 3y-7mo-4w-23h-38m ago
amp 34 A satellite image of the Ever Given in the Suez Canal. One quarter of the container ship capacity that can’t transit the Suez was headed to Western ports, creating delays for shippers. Photo credit: Black Sky. amp 34 / The ongoing blockage of the Suez Canal is quickly tur....
Joc
Published 3y-7mo-4w-1d-43m ago
Doron Grosman, president and CEO at GCT Global Container Terminals, Inc., discusses how GCT’s investments in infrastructure have helped it weather the unprecedented surge in global shipping since last year. JOC.com · GCT’s Doron Grosman discusses weathering 2020 amp 39 s unprecedented s....
Joc
Published 3y-7mo-4w-1d-51m ago
Beyond TPM: A JOC PodcastEp. 5: Doron Grosman, president and CEO of GCT Global Container Terminals, on weathering unexpected and unprecedented cargo surges, prioritization of worker safety, and identifying the knowns in an year of unknowns. JOC.com · GCT’s Doron Grosman discusses weatherin....
Joc
Published 3y-7mo-4w-1d-51m ago
amp 34 OOCL liftings climbed to almost 7.5 million TEU last year, up 7.3 percent from 2019. Photo credit: amp 34 / Hong Kong’s Orient Overseas Container Line recorded its highest ever profit, revenue, and liftings last year amid surging freight rates and strong demand, its lis....
Joc
Published 3y-7mo-4w-1d-1h-42m ago
Manufacturing Outlook: New Survey Finds Over 50% of Manufacturers Believe Domestic Production Activity Levels Will Increase in 2021.Will industrial production levels rebound from pre Covid levels Many manufacturers believe that to be the case.During the onset of the Covid 19 pandemic, manufa....
Joc
Published 3y-7mo-4w-1d-2h-5m ago
amp 34 Kerry Logistics Network reported net profit of HK$2.9 billion on the back of a 30 percent increase in revenue for 2020. Photo credit: . amp 34 / Forwarder Kerry Logistics Network said Thursday it has agreed to sell its Hong Kong warehouse businesses and its Taiwan companie....
Joc
Published 3y-7mo-4w-1d-19h-58m ago
amp 34 Canadian Pacific Railway plans to make the necessary capital investments into infrastructure and capacity upgrades to create new intermodal business if its merger with Kansas City Southern is approved in 2022. Photo credit: Canadian Pacific. amp 34 / The proposed merger bet....
Joc
Published 3y-7mo-4w-1d-21h-55m ago
amp 34 February marked the seventh consecutive month that global schedule reliability was the lowest ever for each of those months. Photo credit: . amp 34 / Global vessel schedule reliability was essentially unchanged in February, but on time performance on trans Pacific lanes to....
Joc
Published 3y-7mo-4w-1d-22h-28m ago
amp 34 Large technology providers have built broad product suites that aren’t always tightly integrated, while early stage firms have focused more on niche processes. amp nbsp Photo credit: . amp 34 / A paradox governing the logistics management software sector may be difficult....
Joc
Published 3y-7mo-4w-2d-46m ago
amp 34 Shanghai–North America spot rates rose to a five week high of $5.58/kg this week, while Shanghai–North Europe pricing increased 4.3 percent to $4.06/kg. Photo credit: . amp 34 / While air cargo rates on east west routes out of Asia were down this week on a year over ye....
Joc
Published 3y-7mo-4w-2d-19h-10m ago
amp 34 Agriculture shippers are mostly relying on drayage to bring containerized exports to the PNW, UP said. Photo credit: . amp 34 / Union Pacific Railroad will develop a new intermodal terminal at its Idaho rail yard in an effort to speed containerized agricultural exports out....
Joc
Published 3y-7mo-4w-2d-19h-51m ago
amp 34 Sustained demand from the US is filling all available air cargo capacity on the trans Pacific, and keeping rates elevated. Photo credit: Shutterstock amp 34 / While air cargo rates on east west routes out of Asia were down this week on a year on year basis for the first tim....
Joc
Published 3y-7mo-4w-2d-21h-54m ago
amp 34 Ocean carriers serving South America’s resin import market were trying to push through higher rates in the hope of continued strong volume from the US Gulf Coast. Photo credit: Shutterstock. amp 34 / Containerized exports of US resins could be cut to half their typical vo....
Joc
Published 3y-7mo-4w-2d-23h-47m ago
amp 34 Baton amp 39 s model is designed to reduce dwell time for long haul truckload drivers by setting up freight transfer sites in US metropolitan areas. Photo credit: . amp 34 / A startup aiming to build a network of urban freight transfer hubs segmenting long haul and final ....
Joc
Published 3y-8mo-52m ago
amp 34 Scores of ships are backing up as the Suez Canal struggles to refloat a 20,388 TEU Evergreen ship that has run aground and is blocking the crucial waterway. Photo credit: . amp 34 / Analysts and logistics providers were split Wednesday on whether European ports face even m....
Joc
Published 3y-8mo-1h-16m ago
Beyond TPM: In episode 4, William Lu, senior vice president of development for CenterPoint Properties, discusses the role industrial real estate developers play in their clients’ supply chain and the importance of identifying individual client needs for 2021, such as locations for safety st....
Joc
Published 3y-8mo-2h-13m ago
amp 34 End to end supply chain visibility remains elusive for cargo owners, but FourKites plans to use investment from strategic partners to get a jump on competitors. Photo credit: . amp 34 / Logistics software provider FourKites said Wednesday it has raised $100 million in new ....
Joc
Published 3y-8mo-5h-52m ago
amp 34 The debt refinancing is tied to Hapag Lloyd meeting certain carbon dioxide reduction goals by 2030. Photo credit: Hapag Lloyd. amp 34 / Hapag Lloyd is considering issuing 300 million euros $355 million amp nbsp in new debt that aims to finance the ocean carrier’s goal ....
Joc
Published 3y-8mo-19h-59m ago
According to ancient legend, whoever could untangle the Gordian Knot was destined to become ruler of all of Asia. amp nbsp Alexander the Great tried unsuccessfully to untie the knot — before slicing it in half with a single sword stroke. amp nbsp amp nbsp Intermodal is facing a plethora o....
Joc
Published 3y-8mo-20h-11m ago
amp 34 Tampa Bay’s current container terminal is looking to double its capacity over the next two years. Photo credit: . amp 34 / The Port of Tampa will lease land to a paper fiber maker that plans to use the port to serve export markets in Asia, potentially expanding the port....
Joc
Published 3y-8mo-20h-30m ago
amp 34 The US retail inventories to sales ratio was 1.19 in January, the lowest since 1992, according to the US Census Bureau. Photo credit: . amp 34 / US retail sales are outpacing inventory, meaning importers of Asian manufactured goods have plenty of restocking to do as they g....
Joc
Published 3y-8mo-22h-10m ago
MTS Logistics is proud to announce that our 11th Annual Bike Tour with MTS for Autism will take place on Saturday, June 12th, 2021.What a difference a year makes: one year ago, we were just beginning to “stay at home” and “work from home” to protect our fellow citizens.This year,... ....
Joc
Published 3y-8mo-22h-11m ago
amp 34 As transloading demand grows, finding capacity in terms of container yards and dock space is becoming more difficult. Photo credit: . amp 34 / An unrelenting influx of US imports and the expansion of inland e commerce fulfillment networks is pushing more ocean freight to t....
Joc
Published 3y-8mo-1d-51m ago
amp 34 The container shipping orderbook remains low, despite a recent series of mega ship orders. Photo credit: HMM. amp 34 / After four years of overcapacity in container shipping, the pendulum has swung the other way, leaving the industry divided over whether or not carriers nee....
Joc
Published 3y-8mo-1d-1h ago
amp 34 Less than truckload brokers generally have a cost advantage in onboarding shippers and supplying them with technology, something MyCarrier set out to solve for carriers. Photo credit: . amp 34 / MyCarrier, a technology provider that offers less than truckload LTL carrier....
Joc
Published 3y-8mo-1d-2h-54m ago
Beyond TPM: Mario Cordero, executive director of the Port of Long Beach, discusses the shift from the “radical uncertainty” of 2020 to a “year of recovery” in 2021. He addresses the essential workers on the waterfront, record numbers of containers at the LA LB gateway, milestones in t....
Joc
Published 3y-8mo-1d-3h-25m ago
In Ep. 3 of the Beyond TPM podcast series, Mario Cordero, executive director of the Port of Long Beach, discusses the shift from the “radical uncertainty” of 2020 to a “year of recovery” in 2021. He addresses the essential workers on the waterfront, record numbers of containers at the....
Joc
Published 3y-8mo-1d-3h-25m ago
In Ep. 3 of the Beyond TPM podcast series, Mario Cordero, executive director of the Port of Long Beach, discusses the shift from the “radical uncertainty” of 2020 to a “year of recovery” in 2021. He addresses the essential workers on the waterfront, record numbers of containers at the....
Joc
Published 3y-8mo-1d-3h-25m ago
amp 34 Voyager and the Global Shippers Association team up to create “line of sight” visibility for shipping all types of breakbulk cargo. Photo credit: Port of Brownsville. amp 34 / Supply chain visibility — or rather, the lack thereof — is a chronic frustration across th....
Joc
Published 3y-8mo-1d-3h-40m ago
amp 34 Sedna in late 2020 landed venture capital investment, including from SAP, to target global logistics transformation with its approach of better coordinating communication and execution systems. Photo credit: . amp 34 / A new partnership between SAP and collaboration softwa....
Joc
Published 3y-8mo-1d-20h ago
amp 34 Vessel space is projected to be at a premium all year, so importers are bracing for freight rates about double last year. Photo credit: . amp 34 / The top half dozen US importers of Asia cargo are finalizing trans Pacific service contracts at levels that are approximately ....
Joc
Published 3y-8mo-1d-20h-17m ago
amp 34 Congestion is easing at the Port of Los Angeles, where Zim has an expedited service from Asia, but congestion is growing on the US East Coast and is worse than two months ago, according to Zim. Photo credit: . amp 34 / After achieving net income of $542.2 million for 2020,....
Joc
Published 3y-8mo-1d-20h-39m ago
amp 34 Total global energy sector capex tumbled 11 percent year over year to $1.26 trillion in 2020. Photo credit: Port of Houston. amp 34 / Cargo demand is unexpectedly strong in the multipurpose and heavy lift MPV/HL segment despite a looming “hole” in the project cargo pi....
Joc
Published 3y-8mo-2d-1h-8m ago
amp 34 Rail pricing incentives for empty movement and double stack train offerings have hogged considerable industry headlines in India amid ongoing equipment shortages. Photo credit: PSA Mumbai. amp 34 / Indian exporters looking to ocean carriers to fix heightened equipment avail....
Joc
Published 3y-8mo-2d-1h-30m ago
amp 34 Last summer’s strike action at the Port of Montreal forced shippers to find alternative routings into eastern Canada. Photo credit: . amp 34 / The Port of Montreal’s longshore employees remained on the job Monday after rejecting a new contract offer as a labor truce to....
Joc
Published 3y-8mo-2d-1h-34m ago
amp 34 The only place the two railroads amp 39 networks connect is in Kansas City, where they interchange freight and share a storage facility. Photo Credit: amp 34 / Canadian Pacific Railway CP and Kansas City Southern Railway KCS are seeking to merge through a $29 billio....
Joc
Published 3y-8mo-3d-3h-22m ago
amp 34 High container imports into the Port of New York and New Jersey are testing the ability of the region’s chassis pools to handle surge demand and supply truckers with short term rentals. Photo credit: Michael Angell. amp 34 / Three chassis providers have pledged to add mor....
Joc
Published 3y-8mo-4d-21h-10m ago
amp 34 Capital is in short supply in the oil sector, but a $2 trillion wave of global post pandemic stimulus is heading for green energy and related infrastructure. Photo credit: . amp 34 / As the world emerges from COVID 19 lockdowns, it may be heading straight into a new “roa....
Joc
Published 3y-8mo-4d-23h-36m ago
amp 34 The Port of Charleston uses a “hybrid” work model in which the port authority employs a workforce of state employees that work alongside the International Longshoremen’s Association. Photo credit: Walter Lagarenne/SCPA. amp 34 / A new 300 acre terminal at the Port of ....
Joc
Published 3y-8mo-4d-23h-56m ago
amp 34 Shippers are exerting more pressure on their logistics service providers to help them meet aggressive sustainability goals, and carriers and forwarders say they feel the pressure. Photo credit: . amp 34 / Rather than waiting around for a “big bang” transformation in gl....
Joc
Published 3y-8mo-5d-32m ago
amp 34 While berths in Asia work ships 168 hours per week, ships are worked only 112 hours per week at LA–Long Beach. Photo credit: . amp 34 / When the current massive backups at the Los Angeles–Long Beach port complex finally have been cleared out, which most expect to take ....
Joc
Published 3y-8mo-5d-52m ago
amp 34 Front loaded US import shipments will add more fuel to volumes that have already grown 17.5 percent year over year in the last eight months. Photo credit: Eric007/ . amp 34 / North American importers are beginning to front load shipments that would normally be sent in the l....
Joc
Published 3y-8mo-5d-20h-45m ago
amp 34 The union’s 1,125 longshore members will vote on the latest contract offer from employers Sunday, the same day in which the eight month truce expires. Photo credit: . amp 34 / An industrial relations tribunal in Canada has dismissed a complaint by Montreal waterfront emp....
Joc
Published 3y-8mo-5d-21h-42m ago
amp 34 About 16 percent of the global container fleet is using scrubbers, accounting for almost one third of TEU capacity, BIMCO said. Photo credit: . amp 34 / A widening spread between prices for low and high sulfur bunker fuel is lowering operating costs for ocean carriers tha....
Joc
Published 3y-8mo-5d-22h-58m ago
amp 34 SCI in recent years has ended all of its consortium arrangements with foreign liners, confining its container profile to limited short sea activity. Photo credit: SCI website. amp 34 / After a long wait that saw many policy flip flops, India’s divestment program to privat....
Joc
Published 3y-8mo-6d-42m ago
amp 34 Apart from a slight drop in volume, all Hapag Lloyd amp 34 / Hapag Lloyd banked net profits of $1 billion in 2020, the carrier said Thursday, as an increase in average freight rates swept aside a slight decrease in volume.After announcing its highly profitable operating res....
Joc
Published 3y-8mo-6d-3h-10m ago
amp 34 Hercules Chassis, a member of the Coalition of American Chassis Manufacturers, believes China based CIMC has sold low cost chassis in the US, creating unfair competition. Photo credit: Al Beatty/Flickr. amp 34 / The US Department of Commerce will formally move ahead with an....
Joc
Published 3y-8mo-6d-19h-51m ago
amp 34 NileDutch has a wide range of container and breakbulk services connecting Africa to Europe, Asia, and South America. Photo credit: NileDutch. amp 34 / Hapag Lloyd has signed a deal to acquire African specialist carrier NileDutch, expanding its footprint in the growing West ....
Joc
Published 3y-8mo-6d-21h-13m ago
amp 34 The market for freight visibility in Europe has heated up, with transportation management software providers seeking create integration efficiencies with visibility companies. Photo credit: . amp 34 / Transportation management system TMS providers and shipment visibility....
Joc
Published 3y-8mo-1w-1h-41m ago
amp 34 One million online orders were at risk of not being delivered leading up to Christmas Day according to Satish Jindel, president of ShipMatrix. Photo credit: . amp 34 / More visibility into parcel tracking is needed for shippers and their customers to better understand wher....
Joc
Published 3y-8mo-1w-2h-7m ago
amp 34 Large truckload carriers are adding longer term dedicated business, while 3PLs are experimenting with short term options. Photo credit: . amp 34 / US businesses that once saw dedicated trucking primarily as a means of replacing private fleets are giving it a second look, n....
Joc
Published 3y-8mo-1w-20h-6m ago
amp 34 The drop in combined top 25 truckload revenue reflects the impact of the COVID 19 pandemic and recession on carriers in the first half of 2020. Photo credit: . amp 34 / The largest US truckload operators fared worse last year in some respects than their less than truckload....
Joc
Published 3y-8mo-1w-23h-38m ago
amp 34 GlobalTranz believes it can apply the same template for switching line haul freight from less than truckload to truckload to other modes. Photo credit: . amp 34 / Technology is challenging the notion that freight is pre destined for one mode over another, with a recent pro....
Joc
Published 3y-8mo-1w-1d-1h-17m ago
amp 34 Recent technological developments would enable a new LTL carrier to design a network that would meet the rapidly evolving supply chain needs of shippers, says the author. Photo credit: amp 34 / For the past several months, the media has been saturated with news about star....
Joc
Published 3y-8mo-1w-1d-2h-28m ago
amp 34 Investment into warehousing technology shows the market has expanded beyond warehouse management systems into solutions that combine e commerce storage and fulfillment needs. Photo credit: . amp 34 / On demand warehousing and fulfillment software provider Flowspace has sna....
Joc
Published 3y-8mo-1w-1d-12h-51m ago
amp 34 The new service to the East Coast comes as the ports of Los Angeles and Long Beach remain overwhelmed by the massive import surge that began in the second half of last year. Photo credit: MSC. amp 34 / Mediterranean Shipping Co. will launch a new, direct trans Pacific servi....
Joc
Published 3y-8mo-1w-1d-20h-16m ago
amp 34 Retailers will need to think creatively to meet consumers amp 39 expectations, according to one TPM21 participant. Photo credit: . amp 34 / Retailers are connecting the middle and last mile legs of their shipments to better understand where to position inventory in a bi....
Joc
Published 3y-8mo-1w-1d-20h-32m ago
amp 34 Only one in six unique advertisements resulted in a new truck driver hire last year, a Coyote Logistics and Emsi study said. Photo credit: . amp 34 / Trucking companies must provide more on the job training and find new ways to improve driver earnings and lifestyle if they....
Joc
Published 3y-8mo-1w-1d-22h-11m ago
amp 34 Parcel rates for FedEx and UPS for 2021 are the largest increases in more than 20 years, according to one TPM21 participant. Photo credit: . amp 34 / Shippers are diversifying their pool of last mile delivery providers to avoid a repeat of 2020 that was marked by higher sh....
Joc
Published 3y-8mo-1w-4d-20h-31m ago
amp 34 CMA CGM Jacques Saade docks at Yantian in China. The carrier will own 32 LNG powered vessels by the end of 2022. Photo credit: CMA CGM amp 34 / CMA CGM shrugged off a drop in container volume in 2020 to report a $1.75 billion net profit, capitalizing on higher rates and a s....
Joc
Published 3y-8mo-1w-4d-22h-6m ago
amp 34 The Port of NY NJ is chock full with imports, limiting space for empty containers and forcing drivers to make unproductive truck moves. Photo credit: . amp 34 / The sudden closure of a major storage yard near the Port of New York and New Jersey has forced truckers to scram....
Joc
Published 3y-8mo-1w-4d-23h-43m ago
amp 34 The trans Atlantic has traditionally been a stable trade with predictable volume and rate levels, but it is not immune to the disruptions affecting the other east west routes. Photo credit: . amp 34 / Shippers, carriers, and forwarders are reporting growing trans Atlantic ....
Joc
Published 3y-8mo-1w-5d-1h-2m ago
amp 34 Existing ocean carrier visibility systems often omit data around the first and last mile of a given shipment’s movement. Photo credit: . amp 34 / Shippers haven’t always been able to get all the information they want and need on in transit freight, even for time and/o....
Joc
Published 3y-8mo-1w-5d-2h-17m ago
amp 34 JNPT is working toward selecting a vendor for the management, operation, and maintenance of dedicated “dwarf container yards” within the port area. Photo credit: JNPT. amp 34 / Containerized rail is becoming a compelling value proposition for India west coast ports rely....
Joc
Published 3y-8mo-1w-5d-2h-19m ago
amp 34 Warmer temperatures have unlocked freight demand frozen in place last month, trucking companies say. Photo credit: . amp 34 / The US truck market is rebounding after weeks of below freezing temperatures and winter storms across most of the country, including key freight ma....
Joc
Published 3y-8mo-1w-5d-20h-40m ago
amp 34 Revenue at the top 25 US LTL carriers slid 2.7 percent in 2020, a far cry from the 23.8 percent drop seen during the 2009 recession. amp 34 / For the 25 largest less than truckload LTL carriers in the United States, 2020 could have been a lot worse. Despite volume droppi....
Joc
Published 3y-8mo-1w-5d-21h-6m ago
amp 34 The ports of Los Angeles and Long Beach are working with a sense of urgency to get a handle on congestion before the peak season begins in August. Photo credit: . amp 34 / The ports of Los Angeles and Long Beach have settled into a pattern of congestion that virtually ever....
Joc
Published 3y-8mo-1w-6d-1h-43m ago
amp 34 In sharp contrast to the last major drop in demand seen by ocean carriers, during the 2008–09 financial crisis, last year amp 39 s trans Pacific recovery was halting at first. Photo credit: . amp 34 / Container lines, who were just as surprised as the rest of us at the ....
Joc
Published 3y-8mo-1w-6d-3h-49m ago
amp 34 In a letter to the Federal Maritime Commission, 112 House members said the delays facing agricultural shippers in securing containers has become an “urgent matter.” Photo credit: . amp 34 / Members of the US House of Representatives are joining a group of Senators in s....
Joc
Published 3y-8mo-1w-6d-19h-55m ago
amp 34 It will be a while before belly cargo returns at the sort of scale that will make a material difference to air cargo rates. Photo credit: . amp 34 / Air cargo shippers should prepare for at least another three years of elevated freight rates, according to Glyn Hughes, the ....
Joc
Published 3y-8mo-1w-6d-22h-27m ago
amp 34 The sudden growth in demand was one of the main catalysts for the severe port delays that began in the second half of last year. Photo credit: . amp 34 / Container ships spent longer in port in the second half of 2020 compared with a year earlier as container volumes surge....
Joc
Published 3y-8mo-1w-6d-22h-51m ago
amp 34 Supply chain uncertainties and disruptions are forcing US retailers to keep more merchandise on hand to prevent stock outages. Photo credit: . amp 34 / Coming off of the strongest quarter ever for leasing of warehouse space, the US industrial real estate sector projects th....
Joc
Published 3y-8mo-1w-6d-23h-25m ago
amp 34 Singapore, one of the world amp 39 s largest bunkering hubs, will play a key role in establishing the green ammonia supply chain. Photo credit: Maersk. amp 34 / A.P. Møller Maersk has teamed up with other maritime stakeholders to conduct a feasibility study into creating ....
Joc
Published 3y-8mo-2w-1h-49m ago
amp 34 BluJay amp 39 s Augmented Global Trade AGT platform is designed to assist compliance professionals in areas such as classifying products and generating customs declarations. Photo credit: . amp 34 / Logistics software provider BluJay Solutions on Wednesday released a ne....
Joc
Published 3y-8mo-2w-6h-52m ago
amp 34 As distribution centers expand, shippers and warehouse operators will need to find new sources of yard or spotter truck drivers to move trailers from yards to docks, and those drivers will need safety training. Photo credit: . amp 34 / The current shortage of truck drivers....
Joc
Published 3y-8mo-2w-18h-31m ago
amp 34 ShipBob received $68 million Series D financing last fall from SoftBank Vision Fund 2. Photo credit: . amp 34 / ShipBob is expanding its domestic and international middle mile and last mile capacity, choosing to give shippers a ground option other than FedEx and UPS while ....
Joc
Published 3y-8mo-2w-20h-30m ago
amp 34 Shippers are having to pay higher spot rates on drayage from the New York New Jersey ports to regional distribution centers due to demand. Photo credit: . amp 34 / Demand from shippers looking to clear the backlog of containers at the Port of New York and New Jersey is soa....
Joc
Published 3y-8mo-2w-20h-52m ago
amp 34 DHL amp 39 s express division cashed in on the online shopping demand that took off through the lockdowns of 2020. Photo credit: DHL amp 34 / Deutsche Post DHL Tuesday reported its best ever annual operating result of $5.7 billion in 2020 as the logistics provider capitali....
Joc
Published 3y-8mo-2w-22h-59m ago
amp 34 Freight rate marketplaces have generally sought to provide a range of services around the quote that kept users in its environment, but Freightos amp 39 experiment with Twill will test whether other options are viable. Photo credit: . amp 34 / Twill, Maersk’s digital s....
Joc
Published 3y-8mo-2w-1d-4m ago
amp 34 The Mexico US cross border market has some unique characteristics versus other intermodal markets, says JOC analyst Lars Jensen. Photo credit: . amp 34 / In the search for new intermodal volume, the north south market across the US Mexico border has been a tantalizing obje....
Joc
Published 3y-8mo-2w-1d-2h-1m ago
amp 34 BNSF was hit even harder than Union Pacific Railroad in its Dallas Ft. Worth ramp, but both western railroads said they amp 39 ve made some progress in mounting ocean containers to chassis. Photo credit: Ken Fitzgerald/BNSF Railway. amp 34 / Chassis equipment providers are....
Joc
Published 3y-8mo-2w-1d-19h-14m ago
amp 34 Global Port Tracker estimated that containerized imports in February increased 24.4 percent over February 2020. Photo Credit: Shuttestock.com amp 34 / Anticipating record sales growth this year, US retailers Monday said they plan to import nearly 25 percent more cargo in th....
Joc
Published 3y-8mo-2w-1d-20h-25m ago
amp 34 Cosco is the latest container shipping company to announce a highly positive annual result. Photo credit: . amp 34 / China’s Cosco Shipping Holdings Monday reported a significant improvement in profitability in 2020, with the parent company of Cosco Shipping and OOCL cap....
Joc
Published 3y-8mo-2w-1d-21h-49m ago
amp 34 Venture capital firms poured money into the logistics space in 2020 as supply chain resiliency and efficiency gained prominence during the COVID 19 pandemic. Photo credit: . amp 34 / The number of funding options for logistics startups increased over the last week with two....
Joc
Published 3y-8mo-2w-1d-22h-3m ago
amp 34 Long truck queues and difficulties in making appointments at container terminals are a growing problem for shippers and their truckers. Photo credit: . amp 34 / Software vendor Blume Global on March 10 will launch a new platform designed to make it easier for cargo owners ....
Joc
Published 3y-8mo-2w-4d-19h-48m ago
amp 34 The year over year gap in trucking employment increased in February for the first time since last May, as trucking lost real, not seasonally adjusted, jobs for the third consecutive month. Photo credit: . amp 34 / Job losses mounted at US transportation and warehousing bus....
Joc
Published 3y-8mo-2w-4d-20h-45m ago
amp 34 Manufacturers’ January average input prices increased at the highest rate since May 2011. Photo credit: . amp 34 / Major US retailers and manufacturers are telling investors they’re being forced to raise prices on products because of higher shipping rates and the risin....
Joc
Published 3y-8mo-2w-4d-20h-48m ago
For the last several years, transportation providers and shippers have been talking about the impact of shifting consumer preferences on freight and the need for a more flexible supply chain for shippers.Over the last year, we are seeing this domino effect having a far reaching impact on the ....
Joc
Published 3y-8mo-2w-4d-21h-48m ago
amp 34 The world amp 39 s freighter fleet is being heavily utilized with almost all passenger aircraft and the capacity provided by their below deck belly cargo grounded by travel bans and tough quarantine measures. Photo credit: Boeing. amp 34 / Higher margin cargo is soaking up....
Joc
Published 3y-8mo-2w-4d-22h-35m ago
amp 34 Technology and used truck supply can easily allow drivers to move from large fleets to smaller ones. Photo credit: . amp 34 / Resurgent spot rates are likely to prompt drivers to seek out smaller carriers or strike out on their own, a year after the outset of the coronavir....
Joc
Published 3y-8mo-2w-4d-23h-2m ago
amp 34 Technology and used truck supply can easily allow drivers to move from large fleets to smaller ones. Photo credit: . amp 34 / Resurgent spot rates are likely to prompt drivers to seek out smaller carriers or strike out on their own, a year after the outset of the coronavir....
Joc
Published 3y-8mo-2w-4d-23h-2m ago
amp 34 An upswing in less than containerload activity in India has been one of the supply chain alterations during the COVID 19 pandemic. Photo credit: PSA Mumbai. amp 34 / The COVID 19 pandemic has spawned new trends in global containerized logistics as the industry adjusted to a....
Joc
Published 3y-8mo-2w-4d-23h-23m ago
amp 34 Reefer rates are rising even as shippers struggle to secure containers due to a global box shortage and port congestion in the United States. Photo credit: . amp 34 / There’s no disputing that port congestion along the US West Coast is hurting food importers and exporter....
Joc
Published 3y-8mo-2w-5d-48m ago
amp 34 The FMC in November expanded a fact finding investigation into carrier behavior to include “practices related to the carriage of US exports.” Photo credit: . amp 34 / Members of Congress are getting involved in a dispute between US agriculture exporters and container c....
Joc
Published 3y-8mo-2w-5d-18h-20m ago
amp 34 ZeBox’s move to set up in Arlington was announced as part of a broader set of moves to expand the container line CMA CGM’s presence in the US. Photo credit: . amp 34 / Maritime technology incubator ZeBox is seeking to tap into bigger pools of capital and access a broad....
Joc
Published 3y-8mo-2w-5d-18h-53m ago
amp 34 Truck makers expect revenue from services, including predictive maintenance, to increase 75 percent by 2030. Some services may be aimed at shippers as well as carriers. Photo credit: . amp 34 / Shippers may have more options when searching for surge truck capacity in the n....
Joc
Published 3y-8mo-2w-5d-20h-11m ago
amp 34 The SAL heavy lift vessel Trina loading offshore wind foundation pieces. Photo credit: SAL. amp 34 / Germany based project cargo operator SAL and Dutch heavy lift vessel owner Jumbo announced plans Wednesday to form an operational joint venture called the Jumbo SAL Alliance....
Joc
Published 3y-8mo-2w-5d-21h-34m ago
amp 34 With vessel space and equipment still in short supply, prices will remain high through the spring months. Photo credit: . amp 34 / The liner shipping industry is at the beginning of an up cycle that will be marked by rising container volumes, a reasonable balance between s....
Joc
Published 3y-8mo-2w-5d-22h-36m ago
amp 34 In many ways, last year broke the norms for cargo flows and pricing in the trans Pacific trade. Photo credit: . amp 34 / With the new Biden administration in place, trade policies under review, and the alarm bell of 27 container ships awaiting anchor in Southern California....
Joc
Published 3y-8mo-2w-6d-30m ago
amp 34 project44 said it was getting pressure from large shippers to double down on its ocean capability as container status and predictive analytics become core needs for cargo owners. Photo credit: . amp 34 / Supply chain visibility provider project44 acquired competitor Ocean ....
Joc
Published 3y-8mo-2w-6d-52m ago
amp 34 Belly cargo comprises at least half the available capacity on all major trades, but most of it has been cut from the market through the grounding of long haul flights, which may not resume at scale before 2024, or even 2025. Photo credit: . amp 34 / Global air cargo volume....
Joc
Published 3y-8mo-2w-6d-2h-22m ago
amp 34 Large truckload carriers are still turning away hundreds of loads a day, TPM21 speakers said. Photo credit: . amp 34 / Shippers in the US need to brace for months of tight truck capacity and higher rates in both the truckload and less than truckload LTL markets, speakers....
Joc
Published 3y-8mo-2w-6d-18h-35m ago
amp 34 The online grocery market is expected to be more than 20 percent of all US grocery sales in five years, said Elsie Qian, CEO of Americas for Apex Logistics International. Photo credit: Journal of Commerce. amp 34 / Growth in e commerce perishables is expected to continue po....
Joc
Published 3y-8mo-2w-6d-21h-39m ago
amp 34 About 90 percent of the available air cargo capacity provided by the below deck space of passenger aircraft remains grounded, limiting space and keeping rates elevated. Photo credit: . amp 34 / The severely disrupted container shipping markets played a leading role in driv....
Joc
Published 3y-8mo-2w-6d-22h-2m ago
TPM and Beyond: A JOC Podcast Fabio Santucci, President and CEO of ocean carrier MSC Mediterranean Shipping Co. USA on why the current environment is not a new normal for container shipping and his belief that we can look forward with optimism. JOC.com · TPM21 Podcast: Carrier perspective wi....
Joc
Published 3y-8mo-3w-21m ago
amp 34 The subject of carrier surcharges and ancillary fees at Indian terminals has been contentious in recent years. Photo credit: . amp 34 / Container carriers active in trades out of India have fallen into the crosshairs of local regulators for acting in defiance of a January ....
Joc
Published 3y-8mo-3w-1h-45m ago
amp 34 LTL volumes are rising in what’s typically a slow period for shipping, indicating freight and consumer demand remain high. Photo credit: Old Dominion Freight Line. amp 34 / Less than truckload LTL freight demand is springing back from the impact of winter storms that te....
Joc
Published 3y-8mo-3w-19h-23m ago
/ amp nbsp Waterfront employers and the International Longshore and Warehouse Union ILWU have set up a large vaccination site at the Port of Los Angeles as they prepare to more than double this week the number of dockworkers who have been vaccinated. As the number of vaccinations inc....
Joc
Published 3y-8mo-3w-19h-42m ago
amp 34 Knight Swift CEO Dave Jackson said he believes contract rates have to rise double digits in 2021 because drivers didn amp 39 t see their wages rise in 2019 or the first half of 2020 and the supply chain cannot afford to lose these drivers to other vocational jobs. Photo credit....
Joc
Published 3y-8mo-3w-20h-22m ago
amp 34 Shoreside heavy lift cranes at the port of Kocaeli, Turkey, lift a storage tank to the deck of a bulk carrier. Photo credit: . amp 34 / Breakbulk demand is expected to be “flourishing” amp nbsp in March, driven by wind cargo, improving oil prices, optimism after the US....
Joc
Published 3y-8mo-3w-20h-26m ago
amp 34 The disrupted container shipping markets in the past 12 months are changing the approach to contracts by shippers and carriers. Photo credit: DHL. amp 34 / Shippers should negotiate an acceptable contract rate with their carriers and lock it in as quickly as possible, accor....
Joc
Published 3y-8mo-3w-21h-52m ago
amp 34 Months of strong demand have overwhelmed supply chains out of Asia, especially those on the trans Pacific trade. Photo credit: . amp 34 / The supply chain disruptions of the coronavirus disease 2019 COVID 19 have highlighted shortcomings in traditional container shipping....
Joc
Published 3y-8mo-3w-1d-19h-22m ago
amp 34 Ocean carrier profits are up, but service reliability is down. Shippers should expect to tap additional ocean carriers and forwarders to get their containers delivered on time. Photo credit: Journal of Commerce. amp 34 / Fueled by fiscal stimulus and an improving economy, U....
Joc
Published 3y-8mo-3w-1d-19h-58m ago
amp 34 Exporters of agriculture goods, forest products, plastics, and minerals, the primary exports out of Virginia, will benefit from the relief on ERDs. Photo credit: Virginia Port Authority. amp 34 / The Port of Virginia on Monday implemented firm exporter receiving dates ERDs....
Joc
Published 3y-8mo-3w-1d-21h-51m ago
amp 34 Consolidation in the global trade management software market has been robust the past three years, with QuestaWeb joining Amber Road and Integration Point in being bought in that time frame. Photo credit: . amp 34 / Logistics software provider Descartes Systems Group on Mo....
Joc
Published 3y-8mo-3w-1d-22h-35m ago
amp 34 Demand for Chinese containerized exports has outstripped all available ocean capacity, preventing rates from following a traditional pattern of decline after Chinese New Year. Photo credit: . amp 34 / Strong European demand for China exports has kept short term container r....
Joc
Published 3y-8mo-3w-1d-22h-47m ago
amp 34 The logistics industry values problem solving and issue resolution expertise, according to Angela Czajkowski, supply chain director at Shapiro. Photo credit: Journal of Commerce. amp 34 / The automation of manual, clerical processes is creating more time for logistics worke....
Joc
Published 3y-8mo-3w-2d-57m ago
With 1,000+ data points collected per shipment across millions of pickups and deliveries, Convoy’s digital freight network has amassed a lot of data. We’ve analyzed this data to take a look back at the year in freight for 2020. The result: our Annual Freight Insights Report. amp nbsp The ....
Joc
Published 3y-8mo-3w-2d-1h-16m ago
amp 34 The Port of Virginia said shippers are interested in sharing information, but other ports and ocean carriers also need to do that same. Photo credit: . amp 34 / The head of the Port of Virginia said the time it takes truckers to retrieve containers there has fallen by near....
Joc
Published 3y-8mo-3w-4d-18h-30m ago
amp 34 A big turning point for DP World Chennai came last August when the Dubai based group acquired domestic short sea carrier Shreyas Shipping and positioned Chennai as a southern hub for its coastal network. Photo credit: DP World India amp 34 / As shippers feverishly search ....
Joc
Published 3y-8mo-3w-4d-21h-1m ago
amp 34 Grimaldi roll on/roll off ships at berth at the Port of Antwerp. Photo credit: Grimaldi Group. amp 34 / Ocean carriers amp nbsp Grimaldi and United European Car Carriers UECC are investing in their roll on/roll off ro/ro amp nbsp fleets, while Wallenius Wilhelmsen WW ....
Joc
Published 3y-8mo-3w-4d-22h-32m ago
amp 34 Forwarders tell JOC.com freight rates from Asia to the East Coast of South America have settled at between $8,000 and $9,000 per container. Photo credit: . amp 34 / Container freight rates from Asia to the East Coast of South America are beginning to moderate from record h....
Joc
Published 3y-8mo-3w-4d-22h-33m ago
amp 34 Forwarders tell JOC.com freight rates from Asia to the East Coast of South America have settled at between $8,000 and $9,000 per container. Photo credit: . amp 34 / Container freight rates from Asia to the East Coast of South America are beginning to moderate from record h....
Joc
Published 3y-8mo-3w-4d-22h-33m ago
amp 34 Forwarders tell JOC.com freight rates from Asia to the East Coast of South America have settled at between $8,000 and $9,000 per container. Photo credit: . amp 34 / According to local shipping executives, container freight rates from Asia to the East Coast of South America....
Joc
Published 3y-8mo-3w-4d-22h-33m ago
amp 34 BCOs spent more time putting out fires last year instead of utilizing the right data according to Pieter Kinds, CEO of Freightender. Photo credit: Journal of Commerce amp 34 / The ability to harness the right data from the seemingly endless stream of data available to shipp....
Joc
Published 3y-8mo-3w-4d-23h-48m ago
amp 34 Chartered air cargo capacity on Boeing 747 freighters allows forwarders such as DSV to guarantee significant amounts of capacity on key trade lanes, despite severe space shortages. Photo credit: DSV amp 34 / DSV has secured 350 tons of weekly capacity in three new chartered....
Joc
Published 3y-8mo-3w-5d-33m ago
amp 34 More ocean carriers are offering online ocean freight quotes, and can tap them for additional customer insights, panelists at JOC’s virtual TPM21 said. Photo credit: Journal of Commerce amp 34 / Online quoting and booking for ocean freight has helped in a pinch as custome....
Joc
Published 3y-8mo-3w-5d-1h-35m ago
amp 34 Greater education, training and “due diligence” are needed to smooth issues around electronic delivery receipts for LTL shipments, speakers told the T amp amp LC webinar. Photo credit: . amp 34 / amp nbsp The proliferation of “no touch” pickups and deliveries duri....
Joc
Published 3y-8mo-3w-5d-22h-7m ago
amp 34 Cargo owners holding out from inking contracts in the hopes that long term rates will fall could find prices are still elevated when they finally sit down to negotiate. Photo credit: . amp 34 / Shippers preparing to sit down with carriers for annual trans Pacific service t....
Joc
Published 3y-8mo-3w-5d-23h-39m ago
amp 34 CMA CGM Group chairman and CEO Rodolphe Saadé kicks off the TPM21 conference from his Marseille headquarters. Photo credit: CMA CGM. amp 34 / Rodolphe Saadé, chairman and CEO of CMA CGM, told the virtual TPM21 conference Thursday that while he sympathized with shippers fa....
Joc
Published 3y-8mo-3w-5d-23h-52m ago
amp 34 A strong second half was not enough to offset the decline in volume experienced by Hamburg in the first six months. Photo credit: . amp 34 / A sharp decline in imports from China during the first half of 2020 dragged down Hamburg’s annual volume, with Europe’s third bu....
Joc
Published 3y-8mo-3w-6d-49m ago
amp 34 Ten of the JOC Top 15 Container Lines by US Imports from Asia handled increased volumes in 2020 as homebound consumers spent more on goods than services. Photo credit: . amp 34 / Members of the 2M Alliance and smaller, specialty ocean carriers saw above average growth in t....
Joc
Published 3y-8mo-3w-6d-19h-20m ago
amp 34 Some visibility providers have taken the approach that the container lines are best suited to invest in sensor technologies over forwarders and shippers. Photo credit: . amp 34 / The need to better track their containers and the infusion of cash from a strong 2020 should, ....
Joc
Published 3y-8mo-3w-6d-19h-51m ago
amp 34 Ten million tons of furniture end up in landfills each year, according to Chris Richter, CEO of FloorFound. Photo credit: . amp 34 / Reverse logistics startup FloorFound received $4 million in seed funding Wednesday to grow its online return and resale platform and expand ....
Joc
Published 3y-8mo-3w-6d-22h-55m ago
amp 34 Werner first rolled out its Edge Connect platform for truck drivers last year, and unveiled a portal for brokerage partners last month. Photo credit: Werner Enterprises. amp 34 / Werner Enterprises is expanding its technology platform, adding functionality for trucking part....
Joc
Published 3y-8mo-3w-6d-23h-30m ago
TPM and Beyond: A JOC Podcast Ep. 1Andre Simha, global chief digital and information officer for ocean carrier MSC Mediterranean Shipping Co. and chairman of the Digital Container Shipping Association, provides perspective on the container shipping industry amp 39 s move toward digitization,....
Joc
Published 3y-9mo-5h-40m ago
amp 34 Terminal operator SSA Marine will expand its current facility at the Port of Jacksonville’s Blount Island from 50 acres to 93 acres. Photo credit: Ari Ashe/JOC. amp 34 / SSA Marine will chip in $50.9 million to expand its Blount Island facility at the Port of Jacksonville....
Joc
Published 3y-9mo-18h-13m ago
amp 34 Liege Airport will be the home base of CMA CGM Air Cargo amp 39 s first two freighter aircraft that will be operated by Air Belgium. Photo credit: . amp 34 / The long haul plans of CMA CGM’s new air cargo division were revealed Tuesday with the announcement that a regul....
Joc
Published 3y-9mo-20h-31m ago
amp 34 Online returns in 2020 more than doubled from 2019 levels to $102 billion, according to the NRF. Photo credit: . amp 34 / Technology startup ReverseLogix will use $20 million in new financing to expand business intelligence tools designed to give its logistics provider and....
Joc
Published 3y-9mo-20h-37m ago
amp 34 Beijing recently expanded its specific tracking and tracing requirements from frozen meat and seafood to include dairy, fruit, vegetables, grain products, and desserts and beverages. Photo credit: amp 34 / Chinese testing of food imports for COVID 19 contamination in Chin....
Joc
Published 3y-9mo-22h-8m ago
amp 34 A Danish investment fund is gathering support for the construction of an ammonia production plant, with Maersk committing to the project. Photo credit: . amp 34 / A.P. Møller Maersk has signed on to a project that will build Europe’s largest production facility of carbo....
Joc
Published 3y-9mo-1d-10m ago
amp 34 Vienna Airport has been recording air cargo volume increases of 30 percent in the last few months, especially in imports. Photo credit: Vienna Airport. amp 34 / Freight rates out of China have plunged to levels not seen in months on the trans Pacific and Europe trade lanes ....
Joc
Published 3y-9mo-1d-29m ago
amp 34 John Deere high and heavy cargo being driven off a ro/ro ship at Georgia amp 34 / John Deere, a bellwether shipper of wheeled high and heavy farming and construction equipment, a key roll on/roll off ro/ro cargo, saw a sharp rebound in the first quarter of its fiscal year....
Joc
Published 3y-9mo-1d-1h-5m ago
amp 34 Yellow is looking to fill some of its 1,500 open driver positions by training new CDL drivers at internal academies across the US. Photo credit: . amp 34 / Yellow isn’t waiting for experienced truck drivers to knock on its doors amp nbsp — it’s training its own to mo....
Joc
Published 3y-9mo-1d-20h-43m ago
amp 34 The market to link core logistics data and systems to trade finance options for shippers is growing, primarily as a way to avoid the letter of credit process. Photo credit: . amp 34 / Global transportation management software TMS provider BuyCo has landed an investment f....
Joc
Published 3y-9mo-2d-14m ago
amp 34 Chinese forwarder Apex will boost the K+N logistics network in Asia once its takeover has been approved by regulators. Photo credit: K+N. amp 34 / Kuehne + Nagel K+N has signed a binding agreement to acquire China based air freight specialist Apex International Corp., sig....
Joc
Published 3y-9mo-2d-41m ago
amp 34 Some importers have signed 16 month contracts, rather than the 12 month deals that are most common in the trans Pacific, just to expand their MQCs, a sign of carrier leverage in talks. Photo credit: . amp 34 / North American retailers face arguably the most difficult trans....
Joc
Published 3y-9mo-2d-3h-2m ago
amp 34 Former Maersk Growth head Sune Stilling led investments in 34 companies over three years at the container line amp 39 s venture arm. Photo credit: . amp 34 / Maersk veterans involved in building the container line’s venture capital fund, Maersk Growth, have started an i....
Joc
Published 3y-9mo-5d-4h-1m ago
amp 34 Atlanta based software startup Relay Payments raised $43 million in January to expand its “lumper payment” platform. Photo credit: . amp 34 / The process by which US truck carriers and freight brokers compensate distribution centers and other cargo receiving facilities....
Joc
Published 3y-9mo-5d-20h-25m ago
amp 34 Rhenus Logistics will take over nine air and sea freight sites in Germany belonging to BLG International Forwarding. Photo credit: . amp 34 / Rhenus Air and Ocean announced this week it will acquire the forwarding business of BLG Logistics to expand into new markets and co....
Joc
Published 3y-9mo-5d-22h-20m ago
amp 34 Successive winter storms and record breaking cold temperatures are building a massive backlog of freight in the central US that may take weeks to clear. Photo credit: . amp 34 / Much US freight activity skidded to a halt this week, as Winter Storm Uri, one of the largest a....
Joc
Published 3y-9mo-6d-18h-56m ago
amp 34 Ocean carriers and terminal operators in the Port of New York and New Jersey will have to answer questions about detention and demurrage practices amid the latest port congestion in the US. Photo credit: Mihai Andritoiu/ . amp 34 / Federal maritime regulators on Wednesday o....
Joc
Published 3y-9mo-6d-19h-55m ago
amp 34 Wallenius Wilhelmsen is planning to build a wind powered PCTC, the Orcelle Wind. Photo credit: Wallenius Wilhelmsen. amp 34 / Norway’s Wallenius Wilhelmsen is the latest roll on, roll off ro/ro operator to bet on green propulsion methods, announcing plans Wednesday to b....
Joc
Published 3y-9mo-6d-21h-11m ago
amp 34 Small exporters and forwarders in Mexico struggle with working capital constraints, a problem Mundi will use venture capital financing to try to solve. Photo credit: . amp 34 / Mundi, a startup helping exporters and forwarders in Mexico get access to trade financing, this ....
Joc
Published 3y-9mo-6d-21h-50m ago
With first quarter volumes down, Port of Nansha comes racing back with positive gains. North American trade is up 55.41%.The Port of Nansha, the only deep sea port on the west bank of the Pearl River Delta, located north of Hong Kong in the region known as the Greater Bay... ....
Joc
Published 3y-9mo-1w-1h-8m ago
amp nbsp amp 34 Sustained demand has kept ports and inland transportation networks in Europe under pressure. Photo credit: Shutterstock amp 34 / There are growing signs of demand easing on the Asia Europe trade, with spot rates sliding for four of the last five weeks as a new eco....
Joc
Published 3y-9mo-1w-1d-22h-59m ago
amp 34 Forwarders are increasingly been seen by shippers as a resource to help reduce or mitigate their supply chain related carbon footprint. Photo credit: . amp 34 / DSV is aiming to more aggressively reduce its internally and externally derived carbon footprint by 2030, accord....
Joc
Published 3y-9mo-1w-2d-9h-52m ago
amp 34 Forwarders have traditionally underinvested in their user interfaces with customers, believing customer service trumps slick websites. Photo credit: . amp 34 / Forwarders are gradually coming around to the idea that an intuitive, easy to use interface is more than just an ....
Joc
Published 3y-9mo-1w-4d-18h-39m ago
amp 34 ODFL plans to add several service centers to its 245 terminal network in 2021. Photo credit: Old Dominion Freight Line. amp 34 / Amazon isn’t the only business that wants to be closer to its customers. As big box retailers build out distribution networks to speed e commer....
Joc
Published 3y-9mo-1w-4d-19h-50m ago
amp 34 Although CargoWise still plays a key role in their systems portfolio, forwarders are increasingly using outside technology to supplement the industry’s most widely used operating system. Photo credit: . amp 34 / Mid sized forwarders are increasingly tapping a range of so....
Joc
Published 3y-9mo-1w-4d-20h-54m ago
amp 34 While terminal investment allows ports such as Le Havre to handle the world amp 39 s largest vessels, the increasing container exchange requires further development of inland corridors. Photo credit: . amp 34 / Europe’s hub ports are strengthening their market positions....
Joc
Published 3y-9mo-1w-4d-21h-43m ago
amp 34 Some major shippers have told the Montreal Port Authority that they’ve instructed container lines to divert cargo away from the port if no agreement was reached by mid January. Photo credit: . amp 34 / With a truce between Montreal waterfront employers and longshore work....
Joc
Published 3y-9mo-1w-4d-23h-3m ago
amp 34 CMA CGM has bought two of these A330 200 freighters from Qatar Cargo as the launch aircraft for the French shipping line amp 34 / CMA CGM has launched an air cargo division that will operate four Airbus freighters out of Europe, a move that furthers the carrier’s strategi....
Joc
Published 3y-9mo-1w-4d-23h-54m ago
amp 34 CMA CGM has bought two of these A330 200 freighters from Qatar Cargo as the launch aircraft for the French shipping line amp 39 s air freight division. Another two A300 200Fs will join the fleet in April. Photo credit: Airbus. amp 34 / CMA CGM has launched an air cargo div....
Joc
Published 3y-9mo-1w-4d-23h-54m ago
amp 34 While spot rates in many regions are sinking in February, outbound rates from the Northeast are rising, analyses of shipper rate pricing data shows. Photo credit: . amp 34 / Solid freight volumes, new home construction, and the first of the spring harvests are creating opp....
Joc
Published 3y-9mo-1w-5d-19h-41m ago
amp 34 The UHL Flash transporting wind energy components, a mainstay cargo for the MPV/HL fleet. Photo credit: UHL. amp 34 / Port congestion, box shortages, and high freight rates will continue driving some container cargo into the arms of the multipurpose/heavy lift MPV/HL flee....
Joc
Published 3y-9mo-1w-5d-21h-2m ago
amp 34 Savannah amp 34 / The port of Savannah says cargo flow has been improving over the last two weeks after January import volumes were more than 20 percent higher than a year ago as retailers restock inventories and shift goods away from congested Southern California supply ch....
Joc
Published 3y-9mo-1w-5d-21h-27m ago
amp 34 An artist amp 39 s impression of the Neoliner, a wind driven ship of 280 TEU capacity that will be operating a trans Atlantic service by 2023. Photo credit: NEOLINE. amp 34 / Shipowner and operator NEOLINE plans to deploy wind powered vessels on a containerized ocean servi....
Joc
Published 3y-9mo-1w-6d-34m ago
amp 34 Many Chinese factories will remain open through the Lunar New Year holidays as they try to clear orders built up after months of sustained demand. Photo credit: . amp 34 / The calm that typically allows supply chains to reset after a frantic pre Lunar New Year shipping per....
Joc
Published 3y-9mo-1w-6d-1h-38m ago
–––SF Holdings will pay $2.3 billion in cash to acquire a 51.8 percent stake in Hong Kong listed Kerry Logistics. Photo credit: . / Chinese express logistics provider SF Holdings is acquiring a majority stake in Hong–Kong based Kerry Logistics for $2.3 billion, a move that will ....
Joc
Published 3y-9mo-1w-6d-18h-53m ago
amp 34 Port directors in Oakland and Seattle Tacoma say their logistics advantages and strong local markets are attracting carriers. Photo credit: amp 34 / With the ports of Los Angeles and Long Beach expected to be grappling with terminal congestion and vessel backlogs for at l....
Joc
Published 3y-9mo-1w-6d-21h-31m ago
amp 34 Freightos amp 39 mystery shopper survey found that 18 percent of rate requests submitted to the top 20 forwarders last year were returned instantly, up from 15 percent in 2019. Photo credit: . amp 34 / Forwarders that offer instant rate quoting capability are doubling do....
Joc
Published 3y-9mo-1w-6d-22h-8m ago
amp 34 JZ Expedited is the second acquisition by RoadOne IntermodaLogistics this year as demand for drayage services continues to climb. Photo credit: RoadOne IntermodaLogistics. amp 34 / National drayage provider RoadOne IntermodaLogistics is expanding in Florida and the Southeas....
Joc
Published 3y-9mo-1w-6d-22h-39m ago
amp 34 Air cargo volume handled by DSV was up 19 percent in 2020, with the forwarder building on the strong air freight coverage that it acquired with Panalpina. Photo credit: DSV. amp 34 / DSV believes the tight capacity and high rates that exist in air and ocean markets will per....
Joc
Published 3y-9mo-1w-6d-22h-46m ago
amp 34 SmartHop has received two funding rounds in six months to fuel its aim of equipping small carriers with dispatching tools. Photo credit: . amp 34 / Trucking software provider SmartHop on Wednesday snagged a $12 million funding round as activity in the market to arm small t....
Joc
Published 3y-9mo-2w-2h-52m ago
amp 34 Maersks landside logistics and services revenue grew 9.5 percent in 2020 compared with a 1 percent increase in the company amp 39 s ocean transportation segment. Photo credit: Nightman1965/ . amp 34 / Maersk reported a highly profitable 2020 Wednesday, yet it said 2021 wou....
Joc
Published 3y-9mo-2w-5h-29m ago
amp 34 Wind blades in frames at the Port of Brownsville, Texas. Photo credit: Port of Brownsville. amp 34 / The US wind industry installed a record 10,593 MW of new onshore capacity during the fourth quarter of 2020, a 94 percent jump from the 5,465 MW added during the same three ....
Joc
Published 3y-9mo-2w-19h-34m ago
amp 34 In its outlook for 2021, HMM said an equipment shortage and tight space on vessels would likely last until late spring. Photo credit: . amp 34 / HMM sailed to a net profit of $105 million in 2020 as higher freight rates and lower fuel costs drove up revenue, particularly i....
Joc
Published 3y-9mo-2w-1d ago
amp 34 Colombo saw 2020 throughput slide 4.7 percent year over year to 6.85 million TEU, according to JOC data. Photo credit: SLPA website. amp 34 / The Sri Lankan government’s reported move to undo a May 2019 cooperation pact offering India the right to operate a long stalled c....
Joc
Published 3y-9mo-2w-1d-1h-35m ago
amp 34 Trucking lost 27,900 jobs in January, according to unadjusted numbers from the Labor Department, higher than the seasonal decline in employment in January 2020 and 2019. Photo credit: . amp 34 / Deep job cuts in transportation and logistics last month seemed at odds with s....
Joc
Published 3y-9mo-2w-1d-18h-46m ago
amp 34 Strong import volumes continue despite congestion at some US ports. Photo credit: . amp 34 / Buoyed by relentless growth in consumer purchasing, US retailers are projecting that imports in the first half of 2021 will increase 22.1 percent over the same period last year and....
Joc
Published 3y-9mo-2w-1d-18h-53m ago
amp 34 CMA CGM has rolled out two parallel double stack train services amp nbsp — designed on a “ship to rail” model — amp nbsp from the private Indian ports of Mundra and Pipavav to Garhi Harsaru, an inland container depot in Haryana state. Photo credit: CMA CGM India . amp ....
Joc
Published 3y-9mo-2w-1d-20h-21m ago
amp 34 Holiday related freight is moving later in the year, with the rise of e commerce playing a primary role in the change. Photo credit: . amp 34 / Peak season 2020 was very unusual. Intermodal volumes reached “peak” levels in October and then never really declined. But wa....
Joc
Published 3y-9mo-2w-1d-20h-44m ago
amp 34 Steadily strengthening demand from European importers following the first half lockdowns in 2020 dropped off sharply in December. Photo credit: . amp 34 / Demand on the Asia–Europe container trade may finally be waning after months of feverish growth, with volumes pullin....
Joc
Published 3y-9mo-2w-2d-38m ago
amp 34 After demand outstripped available capacity for much of the second half of 2020, contract rates are expected to increase, but shippers that fail to turn containers quickly risk costs rising beyond those base rate increases. Photo credit: . amp 34 / Following a year in whic....
Joc
Published 3y-9mo-2w-2d-3h-50m ago
amp 34 Yellow’s historic regional brands Reddaway, New Penn, and Holland will continue to operate until the first half of 2022, while the company brings all subsidiaries, including YRC Freight onto one technology platform and optimizes its terminal network. Photo credit: Yello....
Joc
Published 3y-9mo-2w-4d-18h-1m ago
Historically, data sharing between key stakeholders within the supply chain has been minimal and only whennecessary. Shippers need to drive a cultural change for collaboration among supply chain service providers andencourage a modern day approach to data sharing agreements. The sharing of da....
Joc
Published 3y-9mo-2w-4d-19h-29m ago
amp 34 E2open provides a range of supply chain management software, from planning tools to transportation management and trade compliance systems. Photo credit: . amp 34 / The supply chain software provider E2open went public on Friday with a listing on the New York Stock Exchang....
Joc
Published 3y-9mo-2w-4d-21h-23m ago
amp 34 US e commerce sellers may benefit from restrictions on UK EU trade following the country’s withdrawal from the bloc’s customs union. Photo credit: . amp 34 / New consumer sentiment data from the EU suggests the predicted post Brexit slowdown in cross border e commerce ....
Joc
Published 3y-9mo-2w-4d-22h-47m ago
amp 34 Norway based Wallenius Wilhelmsen Ocean WWO is the third and final ocean carrier to be fined for its part in a price fixing scheme on roll on/roll off services to Australia. Photo credit: MartinLueke / . amp 34 / Australia’s federal court for criminal cartel behavior h....
Joc
Published 3y-9mo-2w-5d-59m ago
amp 34 Seven major global container carriers now offer digital rate quoting and booking services to shippers and third party logistics providers. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.Th....
Joc
Published 3y-9mo-2w-5d-1h-21m ago
US shipping infrastructure is at a breaking point. The cost of importing goods into the United States has skyrocketed over the past year. If a US importer amp nbsp is fortunate enough to get a container loaded on a vessel overseas, they are paying a hefty premium for it. In the worst hit... ....
Joc
Published 3y-9mo-2w-5d-3h-14m ago
amp 34 The ocean freight visibility market is competitive, with some focused on aggregating container status among other modes and others aiming to provide specific ocean specific predictive insights. Photo credit: . amp 34 / Predictive ocean freight visibility has become a criti....
Joc
Published 3y-9mo-2w-5d-18h-51m ago
amp 34 Partnerships between cargo visibility providers are a sign that no single platform has all the necessary data. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.Technology experts are pointin....
Joc
Published 3y-9mo-2w-5d-20h-37m ago
amp 34 China accounted for nearly 59 percent of all US imports from Asia in 2020, approximately the same as in 2019 but 6 percentage points lower than in 2018. Photo credit: . amp 34 / US importers from Asia caught flat footed by a surge of orders in the second half of 2020 turne....
Joc
Published 3y-9mo-2w-5d-22h-23m ago
amp 34 Now might not be the best time to sign long term contracts on the Asia Europe trade with prices at high levels. Photo credit: . amp 34 / With Asia–Europe ocean contract rates beginning to rise to meet the elevated spot market, some shippers are pushing back — either de....
Joc
Published 3y-9mo-2w-5d-23h-20m ago
amp 34 Refurbished locomotives being loaded aboard the Nurnberg in Savannah, Georgia, for shipment to Brisbane, Australia. Photo credit: Wallenius Wilhelmsen. amp 34 / US high and heavy roll on/roll off ro/ro volumes slid some 50 percent during 2020 as the COVID 19 pandemic shut....
Joc
Published 3y-9mo-2w-6d-3h-52m ago
amp 34 Process automation technology is gaining steam as a critical component of global forwarders amp 39 investment strategies as a way to reduce manual tasks and better leverage data. Photo credit: . amp 34 / Logistics software provider Slync.io has parlayed traction for its ....
Joc
Published 3y-9mo-2w-6d-5h-52m ago
amp 34 The BBC Louise, an 11,800 dwt multipurpose ship, on the Detroit River. Photo credit: jen.ishayoga/ . amp 34 / The new US presidential administration is signaling it will strengthen renewables demand, with its focus on green energy, boosting optimism in the multipurpose/heav....
Joc
Published 3y-9mo-2w-6d-19h-18m ago
amp 34 Parcel and e commerce volume on the rails caused spot intermodal rates to shoot to record highs and eliminate any modal savings off the West Coast. Photo credit: Merrill Kellogg. amp 34 / Shippers should anticipate intermodal savings to diminish in the first quarter, with i....
Joc
Published 3y-9mo-2w-6d-22h-24m ago
amp 34 Geodis will provide the only direct air cargo service from Shanghai to the Mexican city of Guadalajara from March. Photo credit: Geodis. amp 34 / Forwarders continue to lock in chartered flights for air cargo shippers, extending trans Pacific and European charter contracts ....
Joc
Published 3y-9mo-3w-32m ago
amp 34 Transplace urges shippers to actively manage routing guides and optimize networks now, rather than attempt to “time the market.” Photo credit: . amp 34 / Record setting fourth quarter spot rates and surging contract rates have many shippers scrambling for ways to conta....
Joc
Published 3y-9mo-3w-57m ago
amp 34 Turn times at DP World’s terminals at India’s JNPT rose for its older terminal, but fell at the new facility. Photo credit: DP World India. amp 34 / The pace of vessel and cargo activity across India’s major public ports took a hit during the last nine months of 2020,....
Joc
Published 3y-9mo-3w-4h-52m ago
amp 34 FMC Commissioner Carl Bentzel says carriers are already weighing the possibility of diverting ships to Pacific Northwest ports such as Seattle above to avoid congestion in Southern California. Photo credit: . amp 34 / With gridlock at the Los Angeles Long Beach port comp....
Joc
Published 3y-9mo-3w-21h-16m ago
amp 34 Port bottlenecks and congested inland links are keeping empties out of the container logistics chains for longer at a time when they are urgently needed for rising Asian exports. Photo credit: . amp 34 / Increasing the available inventory of containers will provide only li....
Joc
Published 3y-9mo-3w-23h-5m ago
amp 34 Pandion amp 39 s founder helped establish Amazon Air and Walmart amp 39 s e commerce transportation network. Photo credit: . amp 34 / A new e commerce focused parcel delivery company has landed a $4.9 million pre product seed round, with the aim of competing directly wit....
Joc
Published 3y-9mo-3w-23h-33m ago
amp 34 The rates C.H. Robinson Worldwide charges shippers rose 29 percent year over year in the fourth quarter, and were up 15 percent from the third quarter. Photo credit: . amp 34 / Faced with the potential for hefty truckload rate increases, some shippers put the brakes on ann....
Joc
Published 3y-9mo-3w-1d-6m ago
amp 34 US importers that are tapping the newly restructured service include a mix of brick and mortar retailers pulling for e commerce channels, strictly e commerce apparel and garment shippers, and even some shippers looking to truck goods down to Southern California. Photo credit: ....
Joc
Published 3y-9mo-3w-1d-18h-46m ago
amp 34 Weighing and load out operations get under way for a 2,600 mt jacket and 2,600 mt topside in Italy. Photo credit: Fagioli. amp 34 / The oil and gas transport sector is showing early signs of recovery after being badly mauled by the pandemic induced downturn and lower oil pr....
Joc
Published 3y-9mo-3w-1d-20h-30m ago
amp 34 PIL had previously warned creditors that restructuring was its “last resort and ... necessary to prevent the company from going into liquidation.” Photo credit: . amp 34 / Singapore’s Pacific International Lines is set to undergo court sanctioned restructuring after ....
Joc
Published 3y-9mo-3w-2d-9m ago
amp 34 California exporters face higher shipping costs and storage and equipment penalties amid this peak season for walnut and other tree nut exporters. Photo credit: . amp 34 / The state of California is urging US regulators to take immediate action on port congestion to help a....
Joc
Published 3y-9mo-3w-2d-1h-11m ago
amp 34 Native integrations between transportation management systems TMSs and brokers give shippers direct access to instant quotes to supplement existing contract rates. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce A....
Joc
Published 3y-9mo-3w-2d-3h-54m ago
In the era of e commerce, consumers expect to buy any good at the click of a button and have the package arrive on their doorstep within a few days. Reliability, consistency and speed of delivery are paramount to remain competitive in today’s marketplace. Retailers need reliable supply chai....
Joc
Published 3y-9mo-3w-4d-19h-38m ago
amp 34 Officials urging early vaccines for transport workers noted the critical role they play in delivering key cargo to combat the pandemic, including medical supplies and personal protective equipment. Photo credit: . amp 34 / Port officials, trade groups, and maritime regulat....
Joc
Published 3y-9mo-3w-4d-20h-27m ago
amp 34 Container carrier Ocean Network Express ONE is heading for a $2.5 billion annual profit in its 2020 fiscal year, the best in company history. Photo credit: . amp 34 / The latest financial forecast from container carrier Ocean Network Express ONE reinforced expectations....
Joc
Published 3y-9mo-3w-4d-22h-33m ago
amp 34 As e commerce grows, so is shipper demand for specialized logistics services. Photo credit: . amp 34 / Forwarder JAS Worldwide on Thursday said it had acquired freight forwarder and supply chain management provider Tigers to expand its e commerce capabilities, reflecting h....
Joc
Published 3y-9mo-3w-5d-19h-48m ago
amp 34 The Cargo Stream app facilitates the exchange of empty containers between shippers, forwarders, and carriers and provides a single portal to manage communication with shipping lines. Photo credit: . amp 34 / A new software startup is aiming to make the booking and exchange....
Joc
Published 3y-9mo-3w-5d-20h-22m ago
amp 34 Average export spot rates on the India US trades are currently at $3,205 per TEU and $4,010 per FEU from Jawaharlal Nehru Port Trust above and Mundra to the US East Coast. Photo credit: JNPT. amp 34 / Indian shippers hoping for relief from soaring ocean freight pricing se....
Joc
Published 3y-9mo-3w-5d-23h-27m ago
amp 34 Speakers at the SMC3 conference said future changes in truck driver work rules are likely to be incremental rather than “revolutionary.” Photo credit: Bitkiz/ . amp 34 / US trucking companies and freight shippers should expect more tinkering with truck driver hours of s....
Joc
Published 3y-9mo-3w-5d-23h-43m ago
amp 34 A range of software providers catering to small truckload carriers has emerged in the past couple of years, all tackling core dispatch, routing, and administrative tasks that small companies struggle with. Photo credit: . amp 34 / In the latest sign that transportation man....
Joc
Published 3y-9mo-3w-6d-19h-19m ago
amp 34 Hamburg based Hapag Lloyd is on its way to a highly profitable 2020 result. Photo credit: . amp 34 / Evidence that container carriers will emerge from a pandemic disrupted 2020 with the highest profits in a decade continues to pile up, with Hapag Lloyd the latest to releas....
Joc
Published 3y-9mo-3w-6d-22h-46m ago
amp 34 Months of unexpectedly strong demand are creating bottlenecks on the major trades and severely affecting carrier schedules. Photo credit: . amp 34 / Growing port congestion, equipment shortages, and months of strong demand are overwhelming container supply chains, with oce....
Joc
Published 3y-9mo-3w-6d-23h-18m ago
amp 34 Carriers will be unable to rely on a drop in imports next month if factories work through the Lunar New Year. Photo credit: . amp 34 / With Hapag Lloyd and by extension its partners in THE Alliance advising customers of 21 de facto canceled sailings in February in th....
Joc
Published 3y-9mo-4w-17h-36m ago
amp 34 Carriers will be unable to rely on a drop in imports next month if factories work through the Lunar New Year. Photo credit: . amp 34 / With Hapag Lloyd — and by extension its partners in THE Alliance — advising customers of 21 de facto canceled sailings in February in ....
Joc
Published 3y-9mo-4w-17h-36m ago
amp 34 Shipwell has long resided in a hard to define category between traditional transportation management system TMS providers and traditional freight brokers. Photo credit: . amp 34 / Shippers moving goods within the United States increasingly turned to providers of managed ....
Joc
Published 3y-9mo-4w-18h-2m ago
amp 34 Greater use of workforce and fleet management technology is credited with helping XPO Logistics improve LTL profitability. Photo credit: Ari Ashe. amp 34 / XPO Logistics is planning for future acquisitions as it prepares to divide itself into two companies, Bradley S. Jacob....
Joc
Published 3y-9mo-4w-18h-19m ago
amp 34 The 570 TEU National Glory will primarily carry cargoes that would traditionally have been hauled by truck from Houston to Port Everglades pictured . Photo credit: . amp 34 / A new fortnightly service operated by National Shipping of America NSA will provide Jones Act s....
Joc
Published 3y-9mo-4w-21h-38m ago
amp 34 Shippers are moving away from transactional procurement engagement and toward a willingness to discuss what their broader supply chain needs in the coming years. Photo credit: . amp 34 / The shipping dysfunction that has hobbled the trans Pacific trade may help germinate t....
Joc
Published 3y-9mo-4w-1d-3h-55m ago
amp 34 Asia–Europe spot rates have soared 376 percent from Oct. 1 and 353 percent year over year to $4,394 per TEU. Photo credit: . amp 34 / Although they appear to have plateaued for now, record container spot rates in the Asia–Europe trade are forcing some shippers of lower....
Joc
Published 3y-9mo-4w-1d-20h-18m ago
amp 34 UPS Freight will be rebranded TForce Freight and operate independently within TFI’s subsidiary network. Photo credit: Sundry Photography/ . amp 34 / UPS is selling UPS Freight to TFI International, Canada’s largest trucking provider, in a step that will reshape the Nort....
Joc
Published 3y-9mo-4w-1d-22h-37m ago
amp 34 Former head of CMA CGM amp 39 s port division, Nicolas Sartini, has been appointed as co CEO of Yilport. Photo credit: Yilport amp 34 / Veteran CMA CGM executive Nicolas Sartini has been named co CEO of terminal operator Yilport Holding, a position he will share with Rober....
Joc
Published 3y-9mo-4w-1d-23h-26m ago
amp 34 ILWU leaders and employers praise longshoremen for working amidst dangerous conditions due to COVID 19. Photo credit: . amp 34 / Southern California waterfront employers say rising dockworker infection rates have contributed to a reduction in terminal productivity at the p....
Joc
Published 3y-10mo-1d-18h-12m ago
amp 34 A rough estimate was that more than 20 ships were supposed to have docked at Los Angeles and Long Beach marine terminals by the end of the year, but remained at anchorage positions due to backups at the ports. Photo credit: . amp 34 / As the end of 2020 approached and ship....
Joc
Published 3y-10mo-1d-21h-44m ago
amp 34 RoadOne expects transloading demand to rise, and says that will require more logistics resources. Photo credit: RoadOne IntermodaLogistics. amp 34 / National drayage provider RoadOne IntermodaLogistics is expanding its domestic reach and its ability to transload containeriz....
Joc
Published 3y-10mo-1d-22h-7m ago
amp 34 US demand for wine and spirits from Scotland, Ireland, and Europe strengthened during 2020. Photo credit: . amp 34 / Carriers and shippers on the trans Atlantic are expecting the current strong demand on the trade to strengthen further this year as COVID 19 vaccines are ro....
Joc
Published 3y-10mo-1d-23h-40m ago
amp 34 Seeing robust volume forecasts from customers, container lines haven’t blanked sailings during Chinese New Year as they normally do. Photo credit: . amp 34 / More Chinese factories will be producing exports for European and North American consumers rather than shutting d....
Joc
Published 3y-10mo-2d-23m ago
amp 34 The World Shipping Council, in a July update of its “Containers Lost At Sea” report, said an average of 779 containers were lost annually in the three year period from 2017 through 2019. Photo credit: . amp 34 / Maersk said Thursday it is investigating the loss of roug....
Joc
Published 3y-10mo-2d-18h-10m ago
amp 34 The autonomous truck is entering a new phase of development, spurred by the need for capacity and improved safety. Photo credit: TuSimple. amp 34 / A new generation of autonomous truck technology is emerging, funded in part by North American trucking companies, truck manufa....
Joc
Published 3y-10mo-2d-21h-25m ago
amp 34 The 14,000 dwt UHL Flair, one of a series of amp 34 Eco Lifters amp 34 under construction at Hudong Zhonghua Shipbuilding in China. Photo credit: UHL. amp 34 / The multipurpose and heavy lift MPV/HL segment has hesitated to order new ships in a long moribund and over ....
Joc
Published 3y-10mo-2d-22h-47m ago
amp 34 The 14,000 dwt UHL Flair, one of a series of amp 34 Eco Lifters amp 34 under construction at Hudong Zhonghua Shipbuilding in China. Photo credit: UHL. amp 34 / The multipurpose and heavy lift MPV/HL segment has hesitated to order new ships in a long moribund and over ....
Joc
Published 3y-10mo-2d-22h-47m ago
amp 34 CMA CGM has introduced an upgraded India Europe string EPIC , complementing its EPIC2, with improved port coverage, vessel deployment, and transit times. Photo credit: PSA India. amp 34 / Indian shippers struggling to secure vessel space amid resurgent export demand and li....
Joc
Published 3y-10mo-3d-2h-21m ago
amp 34 Shippers sending goods across the English Channel need to ensure their customs paperwork is in order to keep goods flowing in the post Brexit environment. Photo credit: . amp 34 / DB Schenker Thursday resumed European shipments to the UK that had been suspended last week b....
Joc
Published 3y-10mo-3d-2h-23m ago
amp 34 Container lines can often hold shippers to less than scientific cargo allocations that are based on their minimum quantity commitments divided by 52 weeks. Photo credit: . amp 34 / Shippers need to focus on better capacity forecasting, sharing of benefits with carriers, an....
Joc
Published 3y-10mo-3d-18h-29m ago
amp 34 The Port of New York and New Jersey pictured is expecting to return to positive growth in 2021 after container volumes fell to the lowest level in three years in 2020. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commer....
Joc
Published 3y-10mo-3d-18h-56m ago
amp 34 J.B. Hunt said it lost opportunities to take on additional loads in the final three months of 2020 because of rail congestion and shippers sitting on equipment longer than before the COVID 19 pandemic. Photo credit: . amp 34 / Shipper costs will rise more than 10 percent f....
Joc
Published 3y-10mo-3d-23h-1m ago
amp 34 Caption: US truck driver employment was down 65,700 jobs year over year in October despite adding 63,500 jobs since the low point in April. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.T....
Joc
Published 3y-10mo-4d-1h-23m ago
In this week amp 39 s episode, available at 11AM EST. Sustainability has long been a rather superficial element of supply chain decision making, largely because the social onus on shippers wasn amp 39 t strong enough, and the tools to truly measure carbon impact on a granular level didn am....
Joc
Published 3y-10mo-4d-2h-4m ago
amp 34 Heartland Express has raised driver pay three times since 2017, including a 6 percent pay hike in October 2020. Photo credit: . amp 34 / The financial results reported by Heartland Express Tuesday are likely a harbinger of what to expect from large publicly owned truckload....
Joc
Published 3y-10mo-4d-18h-33m ago
amp 34 Timothy Rhein rose to become president and chief executive over a 34 year career at APL that started as a military contract analyst in 1967. Photo credit: . amp 34 / Timothy J. Rhein, a towering figure at APL and in container shipping, more broadly, who played a key role i....
Joc
Published 3y-10mo-4d-22h-22m ago
amp 34 The Container Shipping Lines’ Association amp nbsp — the representative voice of foreign carriers in India amp nbsp — says the present equipment imbalanced situation is a product of demand suddenly and unexpectedly outstripping available capacity. Photo credit: PSA India.....
Joc
Published 3y-10mo-5d-43m ago
amp 34 US less than truckload LTL shippers and carriers are expecting mid to upper single digit percentage contract rates increases in 2021. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.When....
Joc
Published 3y-10mo-5d-1h-47m ago
amp 34 SILQ tethers their approach to a network of inspectors at about 10 apparel sourcing hubs in China, India, and Vietnam, currently. Photo credit: . amp 34 / A trio of Flexport veterans has secured $2 million in venture capital financing to grow a business aimed at reducing t....
Joc
Published 3y-10mo-5d-5h-52m ago
amp 34 Port Klang in Malaysia recorded the worst cargo rollover ratio in December out of Asia amp 39 s major hubs. Photo credit: . amp 34 / Cargo rollovers at Asia’s main hub ports rose sharply through December, as rising container demand from the US and Europe overwhelmed ter....
Joc
Published 3y-10mo-5d-11h-52m ago
Strategic and nimble asset utilization is business critical for maintaining yard efficiency. The last year showed us plainly that flexibility is no longer optional. Technology offers many solutions to streamline processes and promises of revenue growth, but identifying the best technology for....
Joc
Published 3y-10mo-5d-22h-21m ago
amp 34 Strong demand from European importers in the second half of 2020 kept Antwerp amp 39 s terminals busy. Photo credit: Port of Antwerp. amp 34 / The Port of Antwerp handled record container throughput in 2020, with sharply recovering demand through the second half driving vo....
Joc
Published 3y-10mo-6d-2h-20m ago
amp 34 Truckload volumes were down about 4 percent year over year in 2020, FTR said, but should catch up with 2019 shipments as the US industrial economy recovers. Photo credit: . amp 34 / Trucking’s recovery from the 2020 recession is far from over, with peak trucking volumes ....
Joc
Published 3y-10mo-1w-1d-18h-19m ago
amp 34 More than half of surveyed retailers are investing in in store fulfillment. Photo credit: . amp 34 / Facing rising delivery costs, more than half of US retailers in a recent survey say they are increasingly investing in fulfillment automation solutions and new fulfillment ....
Joc
Published 3y-10mo-1w-1d-20h-23m ago
amp 34 BNSF trains destined for St. Paul, Minnesota, have been staged outside the terminal until enough TRAC chassis become available. Photo credit: . amp 34 / Some containers destined for shipper facilities in Minnesota have been idling in BNSF Railway’s St. Paul terminal beca....
Joc
Published 3y-10mo-1w-1d-22h-10m ago
amp 34 Some carriers that had refused agricultural exports last fall are no longer declining those shipments. Photo credit: . amp 34 / Late vessel arrivals at the Port of Oakland have become even more frequent than they were last fall, disrupting agricultural shippers’ schedule....
Joc
Published 3y-10mo-1w-1d-22h-29m ago
amp 34 The trans Pacific and Asia Europe trades delivered a robust Q4 performance for OOCL. Photo credit: . amp 34 / Orient Overseas Container Line OOCL Friday reported significant growth in volume and revenue during the fourth quarter, with its performance driven by heavy dema....
Joc
Published 3y-10mo-1w-1d-23h-11m ago
amp 34 According to a McKinsey amp amp Co. survey, 60 percent of US consumers who used buy online, pick up in store BOPIS in 2020 will continue to do so after the COVID 19 pandemic subsides. Photo credit: Michael Vi/ . amp 34 / This story appears in the print edition of the Ja....
Joc
Published 3y-10mo-1w-2d-1h-21m ago
amp 34 amp 34 I found it transportation amp 34 I found it transportation amp 34 / Colin Barrett, a journalist, consultant, author, and educator who for five decades answered nitty gritty shipper questions on all aspects of transportation law, contracting, and claims, died Jan....
Joc
Published 3y-10mo-1w-2d-18h-57m ago
amp 34 sennder used its last funding round to fuel consolidation among European rivals and will use this round on developing its technology and geographic expansion. Photo credit: . amp 34 / A massive new funding round for truckload broker sennder could be a sign the European mar....
Joc
Published 3y-10mo-1w-2d-21h-59m ago
amp 34 BlueX Trade has driven adoption of digital tools by container lines in Asia and has now cemented partnerships with two key freight rate management providers. Photo credit: . amp 34 / Two technology companies catering to the liner shipping industry have partnered to convey ....
Joc
Published 3y-10mo-1w-2d-22h-9m ago
amp 34 SAL Renewables installation vessel Wind Lift I. Photo credit: SAL Renewables. amp 34 / With the launch of SAL Renewables, German shipowner amp nbsp Harren amp amp Partner has added offshore installation capacity and intensified its focus on wind energy. The new company wi....
Joc
Published 3y-10mo-1w-2d-22h-52m ago
amp 34 US truck shippers doubled their spot market usage from approximately 20 percent of shipments historically to 40 percent in December, according to data from transportation consultant Breakthrough. Photo credit: . amp 34 / US surface transportation shippers doubled their dep....
Joc
Published 3y-10mo-1w-2d-23h-58m ago
amp 34 Union Pacific Railroad should be able to better supply customers with containers and cars going forward. Photo credit: . amp 34 / Union Pacific Railroad will rescind its record breaking surcharges that went as high as $5,000 per container beginning Jan. 17, telling custome....
Joc
Published 3y-10mo-1w-3d-23m ago
amp 34 Eighteen more vessels are slated to call the port complex over the next three days, which is one more ship call than compared to the same period in 2020. Photo Credit: Marine Exchange of Southern California amp 34 / The number of container ships waiting to berth in Southern....
Joc
Published 3y-10mo-1w-3d-22h-2m ago
amp 34 Barges perform a critical role in the Pearl River Delta, linking inland manufacturing centers with mainline ports such as Hong Kong and Shenzhen. Photo credit: . amp 34 / The suspension of barge and feeder services in the Pearl River Delta during the busy shipping season a....
Joc
Published 3y-10mo-1w-3d-23h-33m ago
amp 34 Marine terminals at the Indian ports of Mundra and Pipavav are the immediate beneficiaries of the country’s rail growth. Photo credit: APMT Pipavav. amp 34 / Ocean carriers, shippers, and rail operators facing difficulty moving containers inland out of the northern India ....
Joc
Published 3y-10mo-1w-4d-1h-41m ago
In this week amp 39 s episode, available at 11AM EST. Shippers faced a historic surface transportation procurement environment in 2020, and many adapted by shifting volume to the spot market or toward so called mini bids. But anecdotal accounts of that shift don amp 39 t tell the whole sto....
Joc
Published 3y-10mo-1w-4d-1h-45m ago
amp 34 President elect Biden is expected to introduce his incoming administration’s infrastructure proposals shortly. Photo credit: . amp 34 / The head of the US Chamber of Commerce believes a comprehensive, multiyear infrastructure spending package is in reach after years of f....
Joc
Published 3y-10mo-1w-4d-18h-3m ago
amp 34 The planned C$75 Contrecoeur terminal would add an initial annual capacity of 1.15 million TEU to Montreal. Photo credit: Montreal Port Authority. amp 34 / The Quebec government on Tuesday announced it would provide C$55 million $43.2 million in grants toward the construc....
Joc
Published 3y-10mo-1w-4d-18h-56m ago
amp 34 Scoular will become one of the top exporters in the Port of Wilmington, North Carolina, after a transload facility opens near the port this summer. Photo credit: North Carolina Ports Authority. amp 34 / The Port of Wilmington may see ag exports grow as much as 3,000 TEU ann....
Joc
Published 3y-10mo-1w-4d-19h-20m ago
amp 34 An uninterrupted run of 20 percent year over year growth in import volumes each month is taking up all available terminal space in Los Angeles Long Beach, terminal operators say. Photo credit: . amp 34 / Congestion at the already clogged ports of Los Angeles and Long Beach....
Joc
Published 3y-10mo-1w-4d-19h-52m ago
amp 34 Forwarders are investing in technology in response to increased competition from large container lines extending their services beyond port to port moves, e commerce platforms such as Amazon and Alibaba, and digitally focused upstarts such as Flexport. Photo credit: . amp 34 ....
Joc
Published 3y-10mo-1w-4d-21h-11m ago
amp 34 The Air France KLM Martinair group has partnered with K+N to establish a CO2 neutral corridor between the US and Europe. Photo credit: . amp 34 / The world’s first scheduled carbon neutral air cargo trade lane has been launched between Europe and North America, as the co....
Joc
Published 3y-10mo-1w-4d-23h-3m ago
amp 34 There is little doubt intermodal is going to post impressive growth numbers through the first half of 2021. Photo credit: . amp 34 / Let the good times roll. Through week 52, fourth quarter intermodal loads originated were up 9.8 percent this year versus 2019, according to....
Joc
Published 3y-10mo-1w-5d-2h-7m ago
amp 34 Total US domestic intermodal rail volumes jumped 8.5 percent year over year from June through October. Photo credit: Hane Street/ . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.US cargo owners could pay ....
Joc
Published 3y-10mo-1w-5d-3h-52m ago
amp 34 Union Pacific is hopeful that if enough chassis are returned this week, then ocean containers currently being grounded will become available for draymen to retrieve. Photo credit: . amp 34 / Beneficial cargo owners BCOs using Evergreen and HMM have been unable to get the....
Joc
Published 3y-10mo-1w-5d-18h-28m ago
amp 34 Despite unprecedented import volumes today in the trans Pacific trade, the outlook beyond the Lunar New Year is still uncertain. Photo credit: . amp 34 / More US importers are signing trans Pacific contracts earlier than usual to guarantee space both in the short term and ....
Joc
Published 3y-10mo-1w-5d-20h-56m ago
amp 34 An Australia bound rail tamping machine secured to a rolltrailer aboard a Höegh ro ro ship. Photo credit: Höegh Autoliners. amp 34 / Roll on, roll off ro ro operators including Wallenius Wilhelmsen, UECC, and amp nbsp Höegh Autoliners amp nbsp are reactivating idled ve....
Joc
Published 3y-10mo-1w-6d-13m ago
amp 34 Over 400,000 merchants trade between the UK and the EU, according to ShipStation. Photo credit: . amp 34 / UK consumers and shippers may find themselves waiting a little longer for deliveries and paying more for cross border e commerce purchases as new trade regulations an....
Joc
Published 3y-10mo-1w-6d-30m ago
amp 34 US trucking volumes slipped 4 percent in the first 10 months of 2020, but strong demand in certain sectors and a lack of drivers has kept rates elevated. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review....
Joc
Published 3y-10mo-1w-6d-3h-52m ago
amp 34 High volumes of ocean borne imports kept drayage demand high, likely reducing seasonal drop in specialized trucking employment. Photo credit: . amp 34 / Seven months of employment growth in for hire trucking came to a halt last month as unadjusted payroll numbers dipped de....
Joc
Published 3y-10mo-2w-1d-19h-15m ago
amp 34 French based forwarder Geodis believes having direct control of vessel assets is an advantage in the current Asia Europe shipping market. Photo credit: Geodis amp 34 / Logistics provider Geodis will charter a container ship on the China Europe trade later in January, making....
Joc
Published 3y-10mo-2w-1d-21h-58m ago
amp 34 French based forwarder Geodis believes having direct control of vessel assets is an advantage in the current Asia Europe shipping market. Photo credit: Geodis. amp 34 / Logistics provider Geodis has chartered a 1,000 TEU container ship on the China Europe trade that will sa....
Joc
Published 3y-10mo-2w-1d-21h-58m ago
amp 34 Cargo owners are facing an array of challenges in transporting their goods out of China before the Lunar New Year holidays. Photo credit: . amp 34 / Some European shippers are rejecting the higher costs it would take to load their Asia imports, spurring some factories to l....
Joc
Published 3y-10mo-2w-1d-22h-29m ago
amp 34 Cargo owners are facing an array of challenges in transporting their goods out of China before the Lunar New Year holidays. Photo credit: . amp 34 / Some South China manufacturers of lower value products look set to shut down two weeks early for the Chinese New Year holida....
Joc
Published 3y-10mo-2w-1d-22h-29m ago
amp 34 Chittagong handled 2.839 million TEU in 2020, down from 3.088 million TEU in 2019, according to data from the port authority. Photo credit: . amp 34 / Container volumes at Bangladesh’s main port of Chittagong fell 8 percent last year from 2019 on disruptions related to t....
Joc
Published 3y-10mo-2w-2d-1h-34m ago
It is with great pleasure to announce the appointment of Steve Walter as General Manager for our Houston office. Steve has taken up his new role as from 1 January 2021 and brings a wealth of commercial, operational and management experience from his 23 years in the freight industry to... ....
Joc
Published 3y-10mo-2w-2d-2h ago
amp 34 Concern over continuing tight capacity in the eastbound trans Pacific led a number of large importers last fall to extend existing contracts through 2022 at much higher rates as an alternative to being forced into an even higher spot market. Photo credit: . amp 34 / For an....
Joc
Published 3y-10mo-2w-2d-2h-33m ago
amp 34 In the the best case scenario, the Houston Channel widening project will be completed within three to four years. Photo credit: Port Houston. amp 34 / US Gulf Coast ports are on a roll, but with an asterisk. Imports from Asia through the region rose by double digit percenta....
Joc
Published 3y-10mo-2w-2d-21h-1m ago
amp 34 Chassis pools on the East Coast have held up better than on the West Coast because of the additional transit time and closer proximity to excess chassis in the interior US. Photo credit: Ari Ashe. amp 34 / Port officials and chassis providers on the East Coast say equipment....
Joc
Published 3y-10mo-2w-2d-21h-55m ago
amp 34 US Customs and Border Protection currently only scans about 15 percent of commercial cargo and 1 percent of personal vehicles entering through land ports with non intrusive inspection equipment. Photo credit: CBP. amp 34 / New legislation will eventually require the US Depa....
Joc
Published 3y-10mo-2w-2d-22h-31m ago
amp 34 The tight container shipping market shows no sign of slackening, pushing breakbulk adaptable cargo back toward breakbulk shipping. Photo credit: . amp 34 / Tight container capacity and increasing demand on the cargo side, particularly for wind cargo, are poised to boost mu....
Joc
Published 3y-10mo-2w-3d-26m ago
amp 34 Mundra’s combined December throughput soared 52 percent year over year and 21.5 percent month on month. Photo credit: Adani Group. amp 34 / Container flow in and out of Indian ports saw a strong rebound sequentially in the fourth quarter after crashing at the height of CO....
Joc
Published 3y-10mo-2w-3d-2h-24m ago
amp 34 In the last five years, SEKO has moved from a network of independently owned partner branches into a hybrid owner of key gateway hubs with a focus on cross border e commerce logistics. Photo credit: . amp 34 / Private equity firm Ridgemont Equity Partners has acquired a ma....
Joc
Published 3y-10mo-2w-3d-5h-52m ago
amp 34 The Zhen Hua 36 arrived in Charleston carrying two SC Ports’ ship to shore cranes for the Hugh K. Leatherman Terminal, due to open in March 2021. Photo credit: SCPA/Walter Lagarenne. amp 34 / Arguing that the master East and Gulf coast longshore labor agreement is interfe....
Joc
Published 3y-10mo-2w-3d-19h-2m ago
amp 34 Some factories in Asia may work through the Lunar New Year to vacate cargo backlogs. Photo credit: . amp 34 / Vessel space and equipment are in such high demand at Asian ports that importers are paying as much as 50 percent higher than the already record spot market rates ....
Joc
Published 3y-10mo-2w-3d-19h-23m ago
amp 34 Administration of the vaccination, not delivery of the vaccines, has proved the hardest part to date of the campaign to suppress COVID 19. Photo credit: . amp 34 / Efforts to distribute COVID 19 vaccines are running into roadblocks, most often at the state level, casting s....
Joc
Published 3y-10mo-2w-3d-19h-35m ago
amp 34 Similar to most airlines around the world, the majority of Cathay Pacific amp 39 s passenger fleet remains grounded, keeping vast amounts of belly cargo space out of the market. Photo credit: Cathay Pacific. amp nbsp amp 34 / The much anticipated surge in peak season air ....
Joc
Published 3y-10mo-2w-3d-21h-51m ago
amp 34 Marianne Rowden has been a pivotal advocate for importers and exporters the last decade and a conduit between the private sector and public policy and enforcement agencies. Photo credit: . amp 34 / Marianne Rowden will step down as president and CEO of the American Associa....
Joc
Published 3y-10mo-2w-4d-45m ago
amp 34 USPS is struggling with increased holiday volumes and high employee absenteeism amid the COVID 19 pandemic. Photo credit: . amp 34 / On time delivery performance for the United States Postal Service USPS , UPS, and FedEx rebound slightly at the end of December despite rec....
Joc
Published 3y-10mo-2w-4d-19h-6m ago
amp 34 “We should be picking the freight that appreciates and values our service,” said Forward Air chairman and CEO Tom Schmitt. Photo credit: Forward Air Corp. amp 34 / Forward Air will work with activist investors who want change at the transportation company to boost its s....
Joc
Published 3y-10mo-2w-4d-22h-30m ago
amp 34 Carriers are expected to seek 2021–22 contract rates of about $2,000 per FEU from Asia to the US West Coast, according to Drewry. Photo credit: Sheila Fitzgerald/ . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and....
Joc
Published 3y-10mo-2w-5d-1h-1m ago
amp 34 Israeli carrier Zim has dramatically improved its financial position in the last few years. Photo credit: . amp 34 / Zim Integrated Shipping Services, riding high on expectations of record profits for 2020, has released its prospectus ahead of an initial public offering I....
Joc
Published 3y-10mo-2w-5d-22h-6m ago
amp 34 Shippers are hoping major increases in contract rates across all transportation modes in 2021 also bring improvements in service. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.Supply chai....
Joc
Published 3y-10mo-2w-6d-3h-52m ago
amp 34 US e commerce sales increased 36.7 percent in the first nine months of 2020, peaking at 16.1 percent of total retail sales in the second quarter. Photo credit: Mitch Hutchinson/ . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annu....
Joc
Published 3y-10mo-3w-2d-23h-21m ago
amp 34 Gnosis Freight set out to build ocean container management technology for shippers that minimizes the disruption to their existing workflows. Photo credit: . amp 34 / Most shippers generally acknowledge there are logistics processes that could be improved through the use o....
Joc
Published 3y-10mo-4w-2d-23h-19m ago
amp 34 US imports of beverages and spirits from the EU jumped 45 percent in October compared with June, when initial COVID 19 lockdowns ended on both sides of the Atlantic. Photo credit: Enrico Powell / . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journ....
Joc
Published 3y-11mo-42m ago
amp 34 Asia–Europe container volumes declined for nine straight months before turning positive in August, September, and October. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.Asia–Europe sh....
Joc
Published 3y-11mo-47m ago
amp 34 TRAC Intermodal, DCLI, and Flexi Van Leasing, the three largest US chassis providers, all plan to add both new and refurbished units to their equipment fleets in 2021. Photo credit: DCLI. amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Comme....
Joc
Published 3y-11mo-51m ago
amp 34 Miami had a 10 percent increase in laden imports year over year, with the largest increase in cargo through the Seaboard Marine terminal, which mainly handles north south Latin American trade. Photo credit: . amp 34 / South Florida’s drayage network is under strain as 20....
Joc
Published 3y-11mo-19h-4m ago
amp 34 Growth in Asian imports to the Gulf Coast skyrocketed 64.3 percent in November, more than double the year over year percentage growth seen on the East and West coasts. Photo credit: Port NOLA. amp 34 / After a second half of 2020 in which unprecedented trans Pacific contain....
Joc
Published 3y-11mo-19h-20m ago
amp 34 As of Dec. 12, there were 18 container ships awaiting berth off the ports of Los Angeles pictured and Long Beach, the most severe backup since the months long West Coast longshore labor dispute in 2014 15. Photo credit: Underawesternsky/ . amp 34 / This story appears in t....
Joc
Published 3y-11mo-21h-1m ago
amp 34 The new vessels ordered by Hapag Lloyd will be fitted with a dual fuel engine that will operate on LNG, but has sufficient tank capacity to run on conventional bunker fuels. Photo credit: . amp 34 / Hapag Lloyd Wednesday said it will spend about $1 billion to build six ult....
Joc
Published 3y-11mo-1d-1h-2m ago
amp 34 Maersk India said the haulage waiver complements what it has already been doing to tackle the equipment shortage for exports out of the country. Photo credit: Maersk India . amp 34 / Indian shippers are seeing an opportunity to secure lower ocean carrier pricing after ra....
Joc
Published 3y-11mo-1d-1h-13m ago
With vessels continuing to back up in the harbor, and work expected to slow down on the docks during the holidays due to labor shortages, terminal operators at the ports of Los Angeles and Long Beach are bracing for a difficult couple of weeks ahead.....
Joc
Published 3y-11mo-1d-18h-13m ago
amp 34 Global container volumes are forecast to rise 5.8 amp nbsp percent in 2021, but capacity will only grow 2 to 3 amp nbsp percent. Photo credit: . amp 34 / This story appears in the print edition of the Jan. 4, 2021, Journal of Commerce Annual Review and Outlook.After notchi....
Joc
Published 3y-11mo-1d-20h-19m ago
A plan to expand the lower portion of the Houston Ship Channel received a major boost late Monday with Congressional passage of the Water Resources Development Act of 2020, which provides the federal share of funding for the $1 billion project.....
Joc
Published 3y-11mo-1d-20h-37m ago
The integration between AscendTMS’s widely used transportation management software with predictive pricing and historical benchmark trucking data from DAT Solutions is a signal that users of such systems want more value piped directly into the platforms on which they rely.....
Joc
Published 3y-11mo-2d-1h-2m ago
amp 34 The growth in e commerce will drive a number of logistics investments and acquisitions to support last mile solutions. Photo credit: . amp 34 / International forwarder AIT Worldwide Logistics is expanding its e commerce capabilities through the acquisition of Fiege Forward....
Joc
Published 3y-11mo-2d-19h-34m ago
Visibility provider project44 has raised $100 million in its latest funding round to build out its multimodal platform while hinting it may seek to go public in the next two years.....
Joc
Published 3y-11mo-2d-20h-58m ago
The effective application of technology for most shippers comes by creating a combination of many solutions – each of which performs a specific logi....
Joc
Published 3y-11mo-2d-21h-45m ago
Breakbulk shipping: US based project forwarders say they’re struggling to secure capacity as rebound demand and multipurpose and heavy lift capacity is tapped by container lines in reaction to even stronger container demand.....
Joc
Published 3y-11mo-2d-22h-10m ago
Freightos has developed an application programming interface API to allow e commerce marketplaces to plug international freight services directly into their broader offerings to business to business sellers.....
Joc
Published 3y-11mo-3d-4h-52m ago
There’s debate about how much of a knock on effect COVID 19 vaccine distribution could have on other types of cargoes, but US shippers are cautioned to plan for some disruption.....
Joc
Published 3y-11mo-5d-18h-16m ago
A weekly service will carry 53 foot domestic intermodal containers between Tampa and Brownsville, Texas, for cross border shipments between the US and Mexico.....
Joc
Published 3y-11mo-5d-18h-36m ago
The planned New Orleans container termianl will handle rising container volumes, particularly Asian imports, and allow the port to make larger play for Midwest cargoes routed through the West Coas....
Joc
Published 3y-11mo-5d-19h-7m ago
Parcel carrier FedEx warned surcharges will be a “necessary part” of its pricing strategy after a quarter in which increased efficiencies in its Ground operations led to large gains in operating income.....
Joc
Published 3y-11mo-5d-19h-57m ago
Less than containerload LCL operators are driving the bulk of technology development in their market due to its niche nature and inherent complexity, but that may change as more volume gravitates to LCL.....
Joc
Published 3y-11mo-5d-22h-57m ago
Brazilian forwarders are also facing the problem of rolled cargo that is adding up to a month to cargo transit times, even as importers delay placing orders amid the economic uncertainty created by the impact of the COVID 19 pandemic.....
Joc
Published 3y-11mo-6d-3h-52m ago
The truck driver turnover rate is rising at truckload carriers as they compete for employees that’s spurring a new round of pay hikes for drivers.....
Joc
Published 3y-11mo-6d-18h-33m ago
Global container line schedule reliability hit new lows in November as carriers contended with unprecedented cargo volumes and port congestion on most trade lanes, according to the Global Liner Performance report released Thursday by Sea Intelligence Maritime Analysis.....
Joc
Published 3y-11mo-6d-20h-2m ago
