Container volumes have returned to pre-recession levels and carriers are deploying super-post-Panamax ships in the U.S. trades.
India shippers will have to pay more when their trucks get to Jawaharlal Nehru Port Trust.
A slower economy has not necessarily driven less-than-truckload carriers off the road.
The Port of Oakland is doing its part to reduce truck congestion with a subsidy program.
In the U.S., the spring of 2016 isn’t a bad time to be a shipper. Sure, there’s the SOLAS problem, but soft demand combined with excess capacity on land and sea and low fuel costs is pushing down transportation costs and giving shippers more bargaining power in annual contract bids, whether in the trans-Pacific maritime trade or U.S. domestic truck lanes.
DP World-operated Chennai Container Terminal said it has made significant progress in easing truck bottlenecks that have long plagued India’s second-largest public container gateway and busiest gateway on the east coast.
At a time when many transport operators say prices are being beaten down, less-than-truckload freight haulers in the U.S. are winning rate increases in annual contract bids.
U.S. shippers expect to ramp up their conversion of freight from truck to intermodal rail to the highest level in a year and a half, according to a new survey.
The cost of transshipping containers by truck using international motor carriers in Russia has doubled.
Could U.S. freight volumes rise and overall economic growth slow?