<div class="phx-topic abstract-wrapper"><p>While the war-driven boost in intermodal demand is not breaking the rail network, it is exposing a weak link at the end of the trip where drayage fleets cut during the freight downturn are now struggling to find enough drivers to handle the cargo.</p></div>

While the war-driven boost in intermodal demand is not breaking the rail network, it is exposing a weak link at the end of the trip where drayage fleets cut during the freight downturn are now struggling to find enough drivers to handle the cargo.

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Trucking News

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North-American rail

Surface

Intermodal supply chain exposes recent weak link: drayage

<div class="phx-topic abstract-wrapper"><p>Statements made by the combatants are unclear and did not offer enough information around key aspects of Hormuz transits, such as timings and safe routes, industry stakeholders say.</p></div>

Statements made by the combatants are unclear and did not offer enough information around key aspects of Hormuz transits, such as timings and safe routes, industry stakeholders say.

Supply chain

Container Shipping News

Maritime

Shipping wants clarity on US-Iran deal before Hormuz transits can resume

<div class="phx-topic abstract-wrapper"><p>The US Army Corps of Engineers has recommended deepening the Mississippi port’s main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.</p></div>

The US Army Corps of Engineers has recommended deepening the Mississippi port’s main channel to a depth that would allow it to accommodate post-Panamax vessels, up from the feeder container ships it now handles.

Port News

North American ports

Marine terminals

Gulfport looks to future of bigger ships with dredge project approval

<div class="phx-topic abstract-wrapper"><p>The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.</p></div>

The Marseille-based carrier has ended a 14,000-TEU per week service that called Asia and both US Coasts, deploying bigger ships on an existing East Coast service and a new West Coast express service.

Container lines

Asia-Europe

Trans-Pacific

International ports

CMA CGM suspends Asia-US pendulum service

<div class="phx-topic abstract-wrapper"><p>It’s been five years since Union Pacific instituted a surcharge this early in the year, a sign that the railroad expects shippers to continue to shift freight off the highway amid higher trucking and fuel costs.</p></div>

It’s been five years since Union Pacific instituted a surcharge this early in the year, a sign that the railroad expects shippers to continue to shift freight off the highway amid higher trucking and fuel costs.

Intermodal providers

UP imposes peak season surcharge on low-volume shippers

<div class="phx-topic abstract-wrapper"><p>Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.</p></div>

Ocean carriers are warning shippers to expect additional costs and delays for shipments through India’s busiest container port amid an influx of transshipment cargo rerouted due to the Middle East war.

Rail congestion adds to inland delays from India’s Mundra Port

<div class="phx-topic abstract-wrapper"><p>If a regulatory model developed through years of technical analysis, public consultation, and formal review can be substantially redirected through a subsequent political intervention, what signal does that send about the stability of regulatory decision-making?</p></div>

If a regulatory model developed through years of technical analysis, public consultation, and formal review can be substantially redirected through a subsequent political intervention, what signal does that send about the stability of regulatory decision-making?

Brazil’s largest port tender faces a regulatory credibility test

<div class="phx-topic abstract-wrapper"><p>Those in the freight transportation industry must continue to deliver a safe and economical product while action is taken to rid the market of ‘non-compliant’ capacity, writes Ted Prince.</p></div>

Those in the freight transportation industry must continue to deliver a safe and economical product while action is taken to rid the market of ‘non-compliant’ capacity, writes Ted Prince.

Truckload

Truck brokers

Trucking labor

Freight markets must navigate ‘new normal’ amid capacity battle

North Asia to East Coast South America

{date.formatDate('MMM dd, yyyy')}: ${valueY} 
Y-o-Y change: {previous_year_spot_rate_change_north_asia_to_east_coast.formatNumber('##,## %')} 
W-o-W change:  {previous_week_spot_rate_change_north_asia_to_east_coast.formatNumber('##,## %')}

North Asia to West Coast South America

{date.formatDate('MMM dd, yyyy')}: ${valueY} 
Y-o-Y change: {previous_year_spot_rate_change_north_asia_to_west_coast.formatNumber('##,## %')} 
W-o-W change:  {previous_week_spot_rate_change_north_asia_to_west_coast.formatNumber('##,## %')}

S&P Global Platts editors engaging with market participants to assess the current value of freight-all-kinds (FAK) rates on major container trades produce container spot rates. The rates include bunker adjustment factors, general rate increases and emergency rare restoration. They also include low-sulfur fuel, equipment imbalance and repositioning surcharges. The rates exclude terminal handling, port security, overweight container, delivery, and detention and demurrage charges. [Platts](https://www.spglobal.com/commodityinsights)

North Asia to East and West Coast of South America (Platts)

Platts container rate North Asia to East and West Coast South America Weekly Gateway

<div class="phx-topic abstract-wrapper"><p>The end of the Indus Express service comes as Indian exports to the US East Coast in April were down 25% year over year. </p></div>

The end of the Indus Express service comes as Indian exports to the US East Coast in April were down 25% year over year.

Forwarding

MSC pulls India-USEC capacity amid cloudy market conditions

<div class="phx-topic abstract-wrapper"><p>With its spin-off completed, standalone carrier FedEx Freight wants to reverse recent volume declines by filling more trailers with non-industrial freight.</p></div>

With its spin-off completed, standalone carrier FedEx Freight wants to reverse recent volume declines by filling more trailers with non-industrial freight.

Independent FedEx Freight looks to roll into new markets

<div class="phx-topic abstract-wrapper"><p>Current indications are that the normal schedule program for the “Epic” service will begin with a late-June westbound vessel departure out of India’s Nhava Sheva Port, sources say.</p></div>

Current indications are that the normal schedule program for the “Epic” service will begin with a late-June westbound vessel departure out of India’s Nhava Sheva Port, sources say.

CMA CGM set to expand Suez transits via India-Europe routing resumption

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Quarterly Intelligence

<div class="phx-topic abstract-wrapper"><p>The National Retail Federation on Monday upgraded its previous forecast for June imports, but lowered expectations for imports landing through the rest of the summer and into early fall.</p></div>

The National Retail Federation on Monday upgraded its previous forecast for June imports, but lowered expectations for imports landing through the rest of the summer and into early fall.

US retailers forecast early — and brief — peak shipping season

<div class="phx-topic abstract-wrapper"><p>The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors. </p></div>

The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors.

Partner complaints put Hub Group payment practices under spotlight

<div class="phx-topic abstract-wrapper"><p>Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.</p></div>

Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.

Intermodal supply chain exposes recent weak link: drayage

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Essential Reads

MSC pulls India-USEC capacity amid cloudy market conditions

Independent FedEx Freight looks to roll into new markets

CMA CGM set to expand Suez transits via India-Europe routing resumption

Recent Commentary

Brazil’s largest port tender faces a regulatory credibility test

Freight markets must navigate ‘new normal’ amid capacity battle

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