Unadjusted, US truck freight volume is rising: ATA

The non-seasonally adjusted American Trucking Associations Truck Tonnage Index rose 2.7 percent from September in October, but was down year over year.

Surging Asia-Europe spot market lifting long-term contracts

Shippers can expect sharp increases in annual contract prices as Asia-Europe spot rates spike ahead of a range of carrier increases and peak season surcharges.

New options allow in-house freight invoice auditing

Automation, self-invoicing bolster traditional third-party payment audit model

Container trades eye boost from intra-Asia economic deal

An intra-Asian trade pact, likely to be ratified next year, will cut or eliminate tariffs, harmonize rules of origin regulations, and deepen regional supply chains.

CMA CGM launching premium, expedited Asia-US loop

CMA CGM on Dec. 4 will launch Seapriority Express from Yantian to Los Angeles with guaranteed equipment availability and priority loading in China, and chassis availability in Southern California.

Essential Reads

Trans-Pacific carriers, including those offering premium services, have been unable to fulfill all of their bookings in recent weeks due to the container shortage in Asia.
US agricultural exporters fear that even if they pay higher shipping rates, carriers will still turn down their bookings because liners can generate much higher revenue by using the containers for US imports from Asia.
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
Shippers are leaning more heavily than usual on their service providers as an uncertain market makes securing space on vessels out of Asia and on-time shipping even more challenging.
Maersk’s integrator strategy is not affecting the carrier’s forwarder customers in a universal way, since the various elements of the transformation impact different sized intermediaries in varying ways.