COVID-19 clouds freight rate forecasting, stimulates demand

The pandemic adds impetus to the rush to develop more sophisticated tools that can give shippers better insight into future truck rates, and eventually “forward-looking visibility.”

US truckload shippers must prioritize carrier ties during recession: analysts

With freight volumes expected to plunge over the next six months as the US falls into recession, shippers should remember their strategic trucking carriers and work together to weather the storm.

US importers urged to ‘proactively’ challenge demurrage charges

BCOs and drayage truckers need to document unreasonable detention and demurrage charges, but also not contribute to the problem, speakers toldl a webcast.

Maersk speeding, slowing US imports amid COVID-19

Maersk’s ability to gain greater control of shipments as they move through the supply chain is key to the largest container line transforming itself into a provider of integrated end-to-end logistics.

Hapag-Lloyd to pass on NY-NJ container charge to customers

Hapag-Lloyd says it will no longer absorb a contentious per-container charge levied on ocean carriers by the Port Authority of New York and New Jersey to raise tens of millions of dollars for road, rail, and other improvements.

Essential Reads

TPM20 may have been canceled because of the coronavirus disease 2019 (COVID-19) outbreak, but is presenting some of the major sessions from the TPM20 program in a series of half-day webcasts available for anyone.
Ports, terminal operators, the ILWU, truckers, and warehouse operators say they are complying with state and local health restrictions liked to COVID-19 while still handling cargo volumes.
Although the economy had a fairly good head of steam coming into the crisis, its heavy reliance on the consumer will make it particularly vulnerable to the pullback in consumer spending that will result from the changes wrought by the coronavirus.
Airlines are using their empty passenger aircraft as cargo planes amid widening COVID-19 travel bans across the globe that have cut huge amounts of belly cargo from service.
BCOs, trucking groups, and transportation intermediaries urge the Federal Maritime Commission to adopt its proposed rule to provide shipping lines guidance as to when they should be able to charge detention and demurrage fees.