The lack of security around the supply of alternative fuels in a highly fragmented market will undermine ocean carrier efforts to decarbonize the industry, according to the world’s largest container ship owner.

Carrier decarbonization business case flawed: Seaspan 

Senior Editor, Breakbulk and Heavy Lift

Vineyard Wind is one of the first commercial-scale offshore wind projects under construction in the US and at completion will generate some 800 megawatts of power. 

First massive offshore wind tower sections delivered to Massachusetts port 

Senior Editor

The railroad is reducing demurrage fees and restoring additional free time that was eliminated in the past two years as international intermodal volumes have fallen sharply from East Coast ports.

Norfolk Southern eases free time, demurrage restrictions on ocean boxes

Slow-steaming has come to the fore of late as ocean carriers seek help in absorbing overcapacity, but analyst Lars Jensen says the common refrain that slower speeds also help to improve schedule reliability doesn’t hold water.

No clear link between slow-steaming, schedule reliability: analyst 

An index based on truck counts at large truckload carriers dropped nearly 5% in the first quarter from late 2022 as those carriers adjusted to a softer market and lower contract and spot rates.

Large US truckload carriers reined in capacity in Q1: Journal of Commerce index 

An emerging trend of sending smaller shipments more frequently is leading to growing demand for LCL services across the major trade lanes.

Weaker ocean rates, China sourcing shift drive rise in LCL shipments 

A proposed change to the billable party for detention fees would simply pass the burden from the trucker, which controls a container’s movements and is directly witness to the circumstances that can disqualify detention charges, to the cargo owner, who has no such control or visibility.

Container shipping

Trucking

Transport, trade and regulation

Proposal prohibiting billing truckers at odds with detention rule’s intent

Shifting capacity landscapes have caused several changes in the US freight industry — owner-operators have become company drivers or shut down, while small carriers with 10 or fewer trucks have begun exiting the market, says the executive vice president of 3PL Redwood Logistics.

Small, mid-sized truck carriers can successfully navigate market downturn

Associate Editor

With spot freight rates largely stabilized, ocean carriers have blanked fewer sailings in May and instead opted for more biweekly sailings.  

Carriers pare blank sailings in May as ocean freight rates steady

Price is once again on the side of shippers, with excess ocean capacity allowing them to extract lower rates from service providers. 

Forwarders locked in margin-destroying price war in post-COVID ocean market 

Although the container shipping order book is the highest it has been in many years and demand remains subdued, the ground is shifting under the ocean market in new and unfamiliar ways, writes Peter Tirschwell.

Ocean trade emerges from pandemic haze to face new realities 

Executive Editor

Shippers want Congress to address their inability to challenge rail demurrage fees when they contract for merchant haulage, but finding a solution will be tricky, writes Journal of Commerce Executive Editor Mark Szakonyi.  

 

Shippers, regulators muddle through ‘grey area’ of rail storage fees

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Carrier decarbonization business case flawed: Seaspan

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