<div class="phx-topic abstract-wrapper"><p>As truckload capacity in the US gets tighter and rates move higher, more freight is being shifted to less-than-truckload providers — something that will continue, attendees at the SMC3 Connections conference were told. </p></div>

As truckload capacity in the US gets tighter and rates move higher, more freight is being shifted to less-than-truckload providers — something that will continue, attendees at the SMC3 Connections conference were told.

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Trucking News

Truckload

Surface

‘Acute’ truckload capacity shortage seen pushing up LTL demand

<div class="phx-topic abstract-wrapper"><p>With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices. </p></div>

With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices.

Trans-Pacific

Container Shipping News

Maritime

Latest spike in spot rates could be last hurrah for trans-Pacific carriers

<div class="phx-topic abstract-wrapper"><p>But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane. </p></div>

But despite the initial drop in capacity, sources are not expecting a long-term decline in business on the westbound trade lane.

Air Cargo Carriers News

Supply chain

Air Cargo

China-Europe air cargo capacity drops sharply as EU scraps duty-free import rule

<div class="phx-topic abstract-wrapper"><p>The carrier announced a month ago it was pulling its Indus Express loop, but new demand and sharply higher rates have caused a change of heart.</p></div>

The carrier announced a month ago it was pulling its Indus Express loop, but new demand and sharply higher rates have caused a change of heart.

Container lines

Asia-Europe

MSC to resume India-USEC service amid fresh booking surge: sources

<div class="phx-topic abstract-wrapper"><p>The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica. </p></div>

The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica.

Port News

International ports

Asia port congestion worsens amid bad weather, vessel bunching

<div class="phx-topic abstract-wrapper"><p>The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America. </p></div>

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.

CMA CGM acquires FedEx Supply Chain in $1.4 billion deal

<div class="phx-topic abstract-wrapper"><p>The next phase of intermodal growth will depend on whether the industry can move freight efficiently, securely, and with the reliability customers expect.</p></div>

The next phase of intermodal growth will depend on whether the industry can move freight efficiently, securely, and with the reliability customers expect.

Intermodal providers

More volume won’t sustain intermodal growth — readiness will

<div class="phx-topic abstract-wrapper"><p>In order to consolidate and enhance its position in the EU, China is pursuing control of the shipping routes and ports of call by which China-origin goods are transported to land-based EU destinations.</p></div>

In order to consolidate and enhance its position in the EU, China is pursuing control of the shipping routes and ports of call by which China-origin goods are transported to land-based EU destinations.

Marine terminals

European Union fails to check China’s maritime ambitions

Dry Van

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{dateX.formatDate('MMM dd, yyyy')}: ${valueY}
 Weekly % change: {van_rate_previous_week_change.formatNumber('#.##%')}

Flatbed

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{dateX.formatDate('MMM dd, yyyy')}: ${valueY}
 Weekly % change: {flatbed_rate_previous_week_change.formatNumber('#.##%')}

Refrigerated

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{dateX.formatDate('MMM dd, yyyy')}: ${valueY} 
 Weekly % change: {reefer_rate_previous_week_change.formatNumber('#.##%')}

DAT Freight & Analytics is an independent source of truckload pricing and business intelligence. Using an automated daily process, DAT collects invoices from nearly 1,200 transportation companies totaling more than $137 billion in freight spend annually. It verifies and updates data daily; each market rate reported in RateView Analytics requires a minimum number of submissions, so prices cannot be manipulated; and the algorithms account for outliers. [DAT](https://dat.com)

US dry-van, flatbed and refrigerated truckload spot rates (DAT)

US Truckload spot rates weekly (DAT) Gateway

<div class="phx-topic abstract-wrapper"><p>The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.</p></div>

The carrier’s acquisition of a 49% stake in the Vizhinjam transshipment hub is said to be the single-largest foreign direct investment into the Indian port sector to date.

Port infrastructure

MSC boosts Indian port play with $1.4 billion terminal deal with Adani

<div class="phx-topic abstract-wrapper"><p>Container freight rates across all the major east–west trades have soared since February as a result of higher bunker fuel prices driven by the war with Iran and cargo frontloading in the trans-Pacific.</p></div>

Container freight rates across all the major east–west trades have soared since February as a result of higher bunker fuel prices driven by the war with Iran and cargo frontloading in the trans-Pacific.

Maersk makes big upward revision on full-year financial guidance amid soaring rates

<div class="phx-topic abstract-wrapper"><p>The planned addition is part of the carrier’s “Strategy 2030” expansion plan outlined in April 2024 that aims to add between 10 and 15 terminals to its portfolio by the end of the decade.</p></div>

The planned addition is part of the carrier’s “Strategy 2030” expansion plan outlined in April 2024 that aims to add between 10 and 15 terminals to its portfolio by the end of the decade.

Trans-Atlantic

Hapag-Lloyd’s HGT signs deal for 20% stake in Eurogate Hamburg terminal

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Quarterly Intelligence

<div class="phx-topic abstract-wrapper"><p>The e-commerce giant says shipper need for flexibility in a volatile market led it to open its less-than-truckload service to “external” customers. </p></div>

The e-commerce giant says shipper need for flexibility in a volatile market led it to open its less-than-truckload service to “external” customers.

Amazon Freight says truckload freight moving to LTL

<div class="phx-topic abstract-wrapper"><p>The Agriculture Transportation Coalition said its members have not received timely notice of new surcharges on ocean freight, and that the online tariffs posted by carriers are too difficult to navigate.</p></div>

The Agriculture Transportation Coalition said its members have not received timely notice of new surcharges on ocean freight, and that the online tariffs posted by carriers are too difficult to navigate.

‘Acute’ truckload capacity shortage seen pushing up LTL demand

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Essential Reads

MSC boosts Indian port play with $1.4 billion terminal deal with Adani

Maersk makes big upward revision on full-year financial guidance amid soaring rates

Hapag-Lloyd’s HGT signs deal for 20% stake in Eurogate Hamburg terminal

Recent Commentary

More volume won’t sustain intermodal growth — readiness will

European Union fails to check China’s maritime ambitions

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