Associate Editor

Rolf Habben Jansen said current rates are “not sustainable” given higher overall operating costs and the potential that excess ship capacity will be absorbed due to Panama Canal diversions and greenhouse gas rules. 

 Green rules, tighter capacity make case for 2024 rate boost: Hapag-Lloyd CEO

While the domestic intermodal market may have been in turmoil for the last several years, all stakeholders look ready to support continued growth, writes Ted Prince.

Domestic intermodal ‘havoc’ could give way to growth period: analyst

Senior Editor

Suspending the auction of its remaining leased properties may give defunct LTL provider Yellow time to work out difficulties with landlords over the leases of potentially valuable properties.

Bankrupt Yellow suspends auction of 147 leased terminals until Dec. 18

While the preferred approach by carriers is to calculate exposure to the ETS and recover costs per container in a separate surcharge, that will not be possible for Chinese exports to Europe under Shanghai Shipping Exchange regulations.

Carriers adjust to rules requiring ETS surcharge to be included in China exports base rate  

The Freight Logistics Optimization Works (FLOW) program offers a free view of supply-demand data across several metrics to help make transportation management decisions easier for US supply chain stakeholders. 

US DOT data-sharing initiative on cargo visibility gaining momentum

The second-largest US LTL provider saw daily shipments increase less than 1% year over year in November, signaling continued softness in underlying LTL demand as the post-Yellow market settles.

ODFL Q4 operating data underscores softness in US LTL trucking market

Europe’s CBER, which will be allowed to lapse next April, has not achieved increased competition or improved service levels provided by ocean carriers, writes industry veteran John McCauley.

Europe’s consortia block exemption failed to drive competition  

With regulators watching carefully, some railroads have modified their message -- that lower expenses will actually enable them to compete more effectively for truck freight by offering better service at a lower price.

North-American rail

Class I railroads navigate their own ‘barbarians at the gate’

The rare joint statement reiterates earlier comments by container lines that a greenhouse gas pricing mechanism is needed to make green fuel competitive with traditional bunkers during the phase when both fuels will be in use.

Carrier CEOs issue COP28-linked statement urging action on energy transition

Liner operators in THE Alliance will switch transits on three services as low water levels on the Panama Canal reduce the number of ships that can use the main artery for container trade between the US East Coast and Asia.  

THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts

US importers have finally cleared out most of the inventory overhang that kept their warehouses at capacity and created bottlenecks in their supply chains.

US warehouse fluidity returning to normal amid import drop, inventory discipline 

Indian Subcontinent to US East Coast

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

Container spot rates are produced by S&P Global Platts editors who are engaging with market participants to assess the current value of freight-of-all-kinds (FAK) rates on major container trades. The rates include bunker adjustment factors, general rate increases and emergency rare restoration. They also include low-sulfur, 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)

Indian Subcontinent to US East Coast container spot rates (Platts)

Platts Indian Subcontinent Asia to US East Coast Weekly Gateway

Arm your team with the most trusted information portal for the international container shipping

Get into a group subscription today

Access Journal of Commerce content for 30 days

Start a Free Trial Today

Choose a plan that works best for you

Subscribe Today

Upgrade your subscription now&nbsp;save 15%&nbsp; 
Use code GOLDSUB15 at checkout

Upgrade to Gold Today

Shippers save money, time with automated transportation bidding tools

GET INTO A SUBSCRIPTION TODAY 
Choose a plan that works best for you

Subscribe Now

UPGRADE TO GOLD AND SAVE 
Upgrade your subscription today and save 15%&nbsp; 
Use code GOLDSUB15&nbsp;at checkout

Upgrade Subscription

START A FREE TRIAL 
Access Journal of Commerce content 30 days

Free Trial

Get into a Group Subscription today!

Group Subscriptions

An extensive dashboard of charts organized by trade lane, mode, and topic

Gateway

The premier conference for the global container shipping and supply chain community

Attend TPM24

The premier conference for the breakbulk and project cargo shipping community

Attend Breakbulk24

Access Journal of Commerce produced videos, webcasts, and podcasts

Multimedia Content

Register now for free access to any Journal of Commerce webcast

On Demand

A premium access outlook critical to shippers and transportation providers

Quarterly Intelligence

A premium access index of savings using domestic intermodal vs. OTR&nbsp;

Intermodal Savings Index

An&nbsp;in-depth analysis of transport trends in the multipurpose and heavy-lift fleet segment

Breakbulk Quarterly

Customers scoring their intermodal partners to identify the best service providers

Green rules, tighter capacity make case for 2024 rate boost: Hapag-Lloyd CEO

Featured Gateway Chart

Essential Reads

Carrier CEOs issue COP28-linked statement urging action on energy transition

THE Alliance diverts ships through Suez ahead of Panama Canal transit cuts

US warehouse fluidity returning to normal amid import drop, inventory discipline

Recent Commentary

Europe’s consortia block exemption failed to drive competition

Class I railroads navigate their own ‘barbarians at the gate’

Top 5 Most Read Stories