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MSC brings back trans-Pacific express service due to rate surge

Michael Angell, Senior Editor, East Coast Ports |

The ocean carrier halted the Pearl service about a year ago due to weak market fundamentals, but said current demand merits its return.

  • Western Canadian import gains demonstrate recovery, not dominance: analyst
    Western Canadian import gains demonstrate recovery, not dominance: analyst
  • LTL shipments get heavier as US manufacturing gains steam
    LTL shipments get heavier as US manufacturing gains steam
  • USTR proposes sweeping forced labor tariffs on virtually all US trading partners
    USTR proposes sweeping forced labor tariffs on virtually all US trading partners
  • ‘Scoring’ seen giving US LTL shippers pricing leverage with carriers
    ‘Scoring’ seen giving US LTL shippers pricing leverage with carriers
  • Trans-Pacific frontloading drives early peak capacity crunch, rate surge
    Trans-Pacific frontloading drives early peak capacity crunch, rate surge
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Essential Reads

MSC pulls India-USEC capacity amid cloudy market conditions

Bency Mathew, India Special Correspondent |

The end of the Indus Express service comes as Indian exports to the US East Coast in April were down 25% year over year.

Independent FedEx Freight looks to roll into new markets

William B. Cassidy, Senior Editor, Trucking |

With its spin-off completed, standalone carrier FedEx Freight wants to reverse recent volume declines by filling more trailers with non-industrial freight.

CMA CGM set to expand Suez transits via India-Europe routing resumption

Bency Mathew, India Special Correspondent |

Current indications are that the normal schedule program for the “Epic” service will begin with a late-June westbound vessel departure out of India’s Nhava Sheva Port, sources say.

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Recent Commentary

Commentary

Fuel prices threaten small trucker profits, pose capacity risk for shippers

Dean Croke, principal analyst, DAT Freight & Analytics
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Another nail in the coffin of trust between carriers, clients

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  • Trans-Pacific frontloading drives early peak capacity crunch, rate surge
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  • MSC pulls India-USEC capacity amid cloudy market conditions
    MSC pulls India-USEC capacity amid cloudy market conditions
  • Choked container yards strain terminal operations at Sri Lanka’s Colombo Port
    Choked container yards strain terminal operations at Sri Lanka’s Colombo Port
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    Higher trans-Atlantic ocean rates plateau as demand rally slows
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