US LTL trucking firms prepare to ‘push price’

With volume returning, less-than-truckload operators are putting more pressure on shippers to raise rates.

Maersk TMS a sign of widening market segmentation

Maersk’s recent entry into the TMS space highlights the range of players targeting different segments of a fragmented shipper market that’s gravitating toward web-based tools.

COVID-19 triggers early trans-Pac peak season spike

US imports from Asia and China turned positive in July, but US retailers predict a short peak season they say will be the weakest in four years.

Forwarders losing leverage as airlines adjust space agreements

Severely limited air cargo capacity has forced airlines to scrap many block space deals held with forwarders at a time when spot rates on the major east-west trades are at high levels.

Maersk veteran to lead Westwood Shipping

Jack Mahoney, currently head of Maersk North America’s automotive industry division, will end a 21-year tenure with the Danish giant to lead the niche trans-Pacific carrier.

Essential Reads

The International Longshore and Warehouse Union's (ILWU) letter to California Governor Gavin Newsom compounds worries that have been mounting for over a year surrounding the issue of allowing West Coast terminals to install labor-saving cargo handling equipment.
After wild swings in intermodal volume in the second quarter, CSX Transportation and Union Pacific Railroad are cautiously optimistic about peak season volumes, while realizing pandemic disruptions are lurking.
The carrier block exemption from Europe’s competition law expires in 2024, but there is a growing view among shipping line customers that an evaluation of the regulation should be held as soon as possible.
A bipartisan congressional commission questioned a $700 million US loan to YRC Worldwide, but its ability to scuttle the loan is questionable.
The Port of Charleston wants to diversify its cargo business into e-commerce, netting big-box retailer Walmart as the first major omnichannel retailer to occupy a port authority-owned warehousing complex less than an hour from Charleston.