PPP loans supporting 30 percent of US for-hire trucking jobs

A large chunk of the US trucking sector is riding on Payroll Protection Program loans, which likely averted a capacity crunch in June and may still be shielding shippers this fall.

Intermodal shippers pushing hard on container fees

Intermodal shippers are increasingly putting pressure on 3PLs to waive container fees as a precondition for business amid the coronavirus-linked recession.

Startup aims to bridge gap between trucking optimization, execution

A founder with lineage in the freight optimization space has started a new technology provider to help trucking companies better account for unknown variables in their network planning.

Europe votes to include shipping in emissions trading system

Shipping’s long-running campaign to remain outside the European emissions trading system and continue to self-regulate through the IMO has ended.

Global regulators failing to keep container shipping fair: ITF’s Merk

Olaf Merk, one of the world’s leading container shipping critics, has spelled out his view of an industry that he says is unfairly advantaged by favorable regulations.

Essential Reads

Container shipping, for the moment, has broken the self-destructive cycle of the post-financial crisis decade that saw carriers resorting to pulling cost levers like building mega-ships and slow steaming that benefit them, but not their customers.
The average capacity of container ships calling ports around the world, and the average amount of cargo exchanged per call, continued to grow in almost all regions in 2019.
The demand outlook on the Asia–Europe trade remains deeply uncertain, but carriers continue to hold the line on pricing amid a high level of blank sailings and volume declines.
The latest economic and trade outlooks for Europe paint a gloomy picture for the year.
The National Industrial Transportation League said its members do not rely on the publication of essential contract terms, eliminating the need for carriers to make such filings.