Associate Editor

With shippers already having a say in regulation and policy, two House members are urging maritime regulators to give marine terminal operators and public port authorities a seat at the table.  

Congressmen push FMC to form national advisory committee on port matters

The Blue Ridge Connector will have 18,000 feet of working track and an annual lift capacity of up to 200,000 containers while providing shippers with an all-rail service from Savannah.

 GPA lines up final funding for Northeast Georgia inland rail terminal

The long-time Vancouver Fraser Port Authority executive has helped to lead the port’s gateway infrastructure program to develop road and rail projects designed to facilitate cargo movement.

Xotta appointed Vancouver port chief as ambitious expansion plans loom 

Senior Editor

XPO, Estes, Saia and R+L collectively put up more than 80% of the $1.9 billion bid for terminals of bankrupt LTL provider Yellow, while more sites, including some major facilities, have yet to be auctioned. 

Big US LTL carriers reap lion’s share of Yellow terminals in auction

Shippers who have built East and Gulf coast routings into their supply chains are taking no chances, raising the need for contingency plans in discussions with carriers and NVOs ahead of 2024 contract renewals.

Shippers weigh costly routing changes against possibility of East Coast strike

The South Coast Air Quality Management District says it will create rules to reduce emissions at Southern California rail yards because Union Pacific insists on including public financing as a precondition for participating in the more collaborative MOU process.

Southern California agency to unilaterally develop emissions cut rules at rail yards 

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

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Congressmen push FMC to form national advisory committee on port matters

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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

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Europe’s consortia block exemption failed to drive competition

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

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