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E-commerce growth challenges shipping sustainability goals: DHL

The e-commerce boom means more vehicles moving more goods, and potentially emitting more pollutants, but DHL also sees opportunities to advance sustainability goals on land, sea, and in the air as e-commerce expands.

Ambitious US offshore wind goals face regulatory, logistics hurdles

The Biden administration’s embrace of offshore wind energy generation in the United States means development on an opening round of offshore wind projects on the eastern seaboard will soon be getting underway.

Reopened Newark yard gives NY-NJ importers off-port storage option

Port Container Yard has reopened a 55-acre container yard in Newark that was previously dedicated to empty containers to store import boxes vacated from congested Port of New York and New Jersey terminals.

Maxed out ports, inland providers battle to clear South China congestion

Global container supply chains have struggled under months of heavy demand and disruption with no slack left in the system to cope with severe port congestion at a major Chinese export center.

Xeneta rides ocean freight upheaval to new funding round

Record-high container freight rates are underscoring the need for shippers to be able to benchmark against peers, a factor in Oslo-based technology provider Xeneta nabbing a new round of venture capital Thursday.

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TradeLens’ expansion gives shippers direct access to China port data

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Strong domestic demand ‘cannibalizing’ US resin exports: logistics providers

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Record US imports through May sound peak season alarm

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Yantian regaining terminal capacity as diversions mount

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US import disruption opens up LTL transload opportunities

Less-than-truckload carriers are becoming a transload option for importers forced to choose between speed and cost of delivery amid port congestion and intermodal delays.

Yantian disruption to drive shipper frustration with carrier service levels

In an already maxed-out trans-Pacific system, disruptions such as the Suez Canal blockage and now worsening congestion in Southern China will increasingly limit the ability of carriers to honor their minimum quantity commitments.

Container ship orderbook at five-year high: IHS Markit

Ocean carriers have pushed the orderbook for new vessels to a multiyear high in 2021 thanks to the strength of the freight market and the dearth of surplus vessels.

Forwarders snagged majority of US imports from Asia through April

Non-vessel operating common carriers handled a majority of US imports from Asia through the first four months of the year as carriers limited bookings to their steady customers in the booming eastbound trans-Pacific.

JOC Top 100 US importer and exporter rankings 2020

Walmart remained atop the list of the 100 largest US importers by a wide margin in 2020, while Koch Industries retained the No. 1 export spot.

JOC Shipping & Logistics Pricing Hub

The pricing data found here allows shippers and transport providers to more accurately benchmark and forecast for their supply chains. The various spot prices and indices are collected from third-party sources and updated weekly, monthly and quarterly, depending on the data set.

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Maritime News

Maxed out ports, inland providers battle to clear South China congestion

There will be no easy escape from the bottleneck of boxes that has built up at Yantian during the past three weeks. Photo credit: Shutterstock.com.

Global container supply chains have struggled under months of heavy demand and disruption with no slack left in the system to cope with severe port congestion at a major Chinese export center.

Record US imports through May sound peak season alarm

Carriers anticipate surging import volumes as they introduce more services and extra-loader vessels in the next two months. Photo credit: Shutterstock.com.

In what is usually the slowest period of the year, US imports from Asia in the first five months of the year hit a new high-water mark, signaling to ports that the congestion issues they have faced may get worse as the peak season approaches.

Carriers struggle to improve service levels while profits soar

It will be a challenge for carriers to improve their schedule reliability with key ports on the east-west trades suffering severe congestion. Photo credit: Shutterstock.com.

Carriers posted an unprecedented level of profitability in the first quarter, as container shipping companies capitalized on a market in which the supply-demand balance is firmly in their favor.

Cyberattack downs HMM’s email systems

A spate of cyberattacks since 2017 have hit major ocean carriers including Maersk, MSC, CMA CGM, and Cosco. Photo credit: Shutterstock.com.

The latest shipping line to be hit by a cyberattack, HMM said the incursion has crippled its email systems but has not affected its booking documentation functions and has not resulted in any data breaches.

Trucking News

Trucking Logistics

E-commerce growth challenges shipping sustainability goals: DHL

More last-mile delivery vans may not mean more emissions, if deliveries replace roundtrips to stores by consumers. Photo credit: Shutterstock.com.

LTL sector reaching ‘turning point’ for carriers, shippers

FedEx Freight and other LTL carriers are trying to correct growing equipment and cost imbalances in their networks by limiting access to capacity. Photo credit: Shutterstock.com.

FedEx Freight’s “targeted volume controls” on select shippers amplify industry-wide less-than-truckload capacity constraints that are reshaping the LTL business and sending rates soaring.

Online marketplace aims to make trucking emissions more transparent

Founded in 2014 by an environmental scientist, Freightera provides less-than-truckload, intermodal rail, and truckload quotes in North America. Photo credit: Shutterstock.com.

Vancouver-based Freightera, an online trucking marketplace, has found that more environmentally friendly motor carriers are often lower in cost as well.

NS, UP squeezed by 53-foot chassis pinch

The Norfolk Southern chassis supply is so tight that the railroad is rationing how many units each company can use per day, according to intermodal marketing companies. Photo credit: Ari Ashe.The Norfolk Southern chassis supply is so tight that the railroad is rationing how many units each company can use per day, according to intermodal marketing companies. Photo credit: Ari Ashe.

Norfolk Southern Railway and Union Pacific Railroad are having trouble getting containers to shippers, in part because their supply of 53-foot chassis is very low.

Port News

Reopened Newark yard gives NY-NJ importers off-port storage option

Aerial view of Port Container Yard. New York and New Jersey storage yard operators have had to figure out how to pack more containers in limited space. Photo credit: Port Container Yard.

TradeLens’ expansion gives shippers direct access to China port data

TradeLens officials said the company is adding four to five new forwarder and shipper customers per week on average. Photo credit: Shutterstock.com.

Expansion into China is another piece of progress for TradeLens, the visibility and shipment data platform co-developed by Maersk and IBM.

Strong domestic demand ‘cannibalizing’ US resin exports: logistics providers

Any uptick in resin exports will bump up against higher demand from the import side on drayage drivers and intermodal equipment. Photo credit: Shutterstock.com.

An expected increase in resin exports out of Houston and other Gulf Coast gateways appears to be taking longer than expected as resin producers seek to supply domestic customers first.

Yantian regaining terminal capacity as diversions mount

YICT, which handles about 25 percent of China’s exports to the US, has operated at reduced levels since the end of May following the introduction of quarantine and disinfection measures due to a localized COVID-19 outbreak. Photo credit: Shutterstock.com.

Container lines and forwarders say Yantian International Container Terminals is regaining terminal capacity amid a COVID-19 outbreak and is allowing more trucks to drop off exports.

Technology News

Technology

Xeneta rides ocean freight upheaval to new funding round

Xeneta plans to expand the range of data underpinning its ocean and air indexes, CEO Patrik Berglund said. Photo credit: Shutterstock.com.

TradeLens’ expansion gives shippers direct access to China port data

Expansion into China is another piece of progress for TradeLens, the visibility and shipment data platform co-developed by Maersk and IBM.

Last-mile platform Bringg lands $100 million to expand via M&A

Last-mile investments are on the rise to address e-commerce growth. Photo credit: BalkansCat / Shutterstock.com.

Retailers and logistics providers are utilizing technology offerings from such providers as Bringg to expand and manage last-mile delivery options.

Online marketplace aims to make trucking emissions more transparent

Vancouver-based Freightera, an online trucking marketplace, has found that more environmentally friendly motor carriers are often lower in cost as well.

Breakbulk News

Breakbulk

Ambitious US offshore wind goals face regulatory, logistics hurdles

The Biden administration has $200 million to $300 million set aside for infrastructure improvements related to ports engaged in offshore wind, and several states are also investing. Photo credit: Shutterstock.com.

Cargo owners prioritizing capacity over price in hot breakbulk market

Average one-year charter rates reached $12,500 per day for a 12,000–deadweight ton (dwt) MPV in May. Photo credit: Spliethoff.

The strength of the post-COVID-19 rebound in multipurpose vessel and heavy lift demand and rates has taken the industry somewhat by surprise, with demand driven by continued investment in wind energy, oil and gas recovery, and “spillover” cargoes from the container and bulk segments.

Rapidly rising MPV/HL rates still well below 2007 levels: Drewry

dship Carriers' multipurpose ship Mick loading seven straddle carries, each 71 metric tons, for transport from Poland to Australia. Photo credit: dship Carriers.

After a long slump, strengthening MPV freight rates could encourage reinvestment in the sector for the first time in a decade.

Heavy-haul permitting delays eased by automation

US states and municipalities are ramping up permitting for oversize-overweight shipments after a pandemic slowdown. Photo credit: Shutterstock.com.

As the US economy reopens, more states are speeding up the permitting process for oversize/overweight flatbed loads, as cargo diversion complicates routing.

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