<div class="phx-topic abstract-wrapper"><p>Forwarders have linked the sudden boost in rates to lower vessel capacity rather than an indication of resurgent demand, with liners shifting vessels to the more lucrative eastbound trans-Pac trade out of China.</p></div>

Forwarders have linked the sudden boost in rates to lower vessel capacity rather than an indication of resurgent demand, with liners shifting vessels to the more lucrative eastbound trans-Pac trade out of China.

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Container lines

Asia-Europe

Container Shipping News

Maritime

India-USWC rates jump as carriers redeploy capacity to hotter trans-Pacific trade

<div class="phx-topic abstract-wrapper"><p>Spot rates from North Asia to Brazil are pushing near two-year highs after blanks on the trade lane last month jumped to their highest in at least three years.</p></div>

Spot rates from North Asia to Brazil are pushing near two-year highs after blanks on the trade lane last month jumped to their highest in at least three years.

Asia-South America rates surge after months of carrier blank sailings

<div class="phx-topic abstract-wrapper"><p>Demand is projected to expand between 3.5% and 5% a year over the next decade, outstripping the supply of air cargo capacity that is forecast to grow by just 1% a year.</p></div>

Demand is projected to expand between 3.5% and 5% a year over the next decade, outstripping the supply of air cargo capacity that is forecast to grow by just 1% a year.

Supply chain

Air Cargo

Global air freight capacity shortages to put brakes on demand growth

<div class="phx-topic abstract-wrapper"><p>The port is giving financial awards to early purchasers of EV trucks as it works toward its goal of being the “world’s first carbon-free port,” CEO Noel Hacegaba said. </p></div>

The port is giving financial awards to early purchasers of EV trucks as it works toward its goal of being the “world’s first carbon-free port,” CEO Noel Hacegaba said.

Port News

Trucking News

Surface

Drayage

North American ports

Drayage operators in Long Beach rewarded for purchasing EV trucks

<div class="phx-topic abstract-wrapper"><p>Elizabeth Warren and Mark Kelly want the Trump administration to reinstate port fees against China’s maritime industry after their one-year suspension expires in November.</p></div>

Elizabeth Warren and Mark Kelly want the Trump administration to reinstate port fees against China’s maritime industry after their one-year suspension expires in November.

Transport, Trade and Regulation News

Senate Democrats push USTR on China-linked port fees

<div class="phx-topic abstract-wrapper"><p>The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors. </p></div>

The company is dealing with the fallout from a $77 million accounting error that has delayed its financial reporting, led to the departures of its CFO and COO, and is possibly behind slow payments to some third-party vendors.

Rail News

North-American rail

Intermodal providers

Partner complaints put Hub Group payment practices under spotlight

<div class="phx-topic abstract-wrapper"><p>If a regulatory model developed through years of technical analysis, public consultation, and formal review can be substantially redirected through a subsequent political intervention, what signal does that send about the stability of regulatory decision-making?</p></div>

If a regulatory model developed through years of technical analysis, public consultation, and formal review can be substantially redirected through a subsequent political intervention, what signal does that send about the stability of regulatory decision-making?

International ports

Brazil's largest port tender faces a regulatory credibility test

<div class="phx-topic abstract-wrapper"><p>Those in the freight transportation industry must continue to deliver a safe and economical product while action is taken to rid the market of ‘non-compliant’ capacity, writes Ted Prince.</p></div>

Those in the freight transportation industry must continue to deliver a safe and economical product while action is taken to rid the market of ‘non-compliant’ capacity, writes Ted Prince.

Truckload

Truck brokers

Trucking labor

Freight markets must navigate ‘new normal’ amid capacity battle

US East Coast

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US West Coast

Total US

Bookings represent shipments entered as booking requests during a given week, with a normalized assigned TEU value to these shipments. Original port of lading and port of discharge are used to map against given trade lanes. Vizion's Booking Trends insights and other details such as shipper, consignee, product value, and transit times are available via its Tradeview platform - sourcing from over 54% of all container booking transactions globally, with over 10 years of historical shipment data available. [Vizion](https://www.vizionapi.com/global-trade-monitoring/tradeview-global-trade-intelligence-platform)

China weekly import bookings to US index (Vizion)

Vizion Trade Index TEU booking volume China to US Coasts Gateway

<div class="phx-topic abstract-wrapper"><p>The end of the Indus Express service comes as Indian exports to the US East Coast in April were down 25% year over year. </p></div>

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

Forwarding

MSC pulls India-USEC capacity amid cloudy market conditions

<div class="phx-topic abstract-wrapper"><p>With its spin-off completed, standalone carrier FedEx Freight wants to reverse recent volume declines by filling more trailers with non-industrial freight.</p></div>

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

Independent FedEx Freight looks to roll into new markets

<div class="phx-topic abstract-wrapper"><p>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.</p></div>

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.

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

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<div class="phx-topic abstract-wrapper"><p>A strong supply-demand balance has developed in favor of container shipping lines, with rate increases and surcharges sticking amid an early start to the peak season. </p></div>

A strong supply-demand balance has developed in favor of container shipping lines, with rate increases and surcharges sticking amid an early start to the peak season.

Trans-Pacific

Ocean carriers cash in as high demand piles on stretched shipping system 

<div class="phx-topic abstract-wrapper"><p>The ocean carrier halted the Pearl service about a year ago due to weak market fundamentals, but said current demand merits its return.  </p></div>

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

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

<div class="phx-topic abstract-wrapper"><p>The National Retail Federation on Monday upgraded its previous forecast for June imports, but lowered expectations for imports landing through the rest of the summer and into early fall.</p></div>

The National Retail Federation on Monday upgraded its previous forecast for June imports, but lowered expectations for imports landing through the rest of the summer and into early fall.

US retailers forecast early — and brief — peak shipping season

<div class="phx-topic abstract-wrapper"><p>Space on vessels leaving Asia has become tight enough that forwarders are warning customers they must book at least three weeks in advance amid a rush to bring in fall and end-of-year holiday merchandise. </p></div>

Space on vessels leaving Asia has become tight enough that forwarders are warning customers they must book at least three weeks in advance amid a rush to bring in fall and end-of-year holiday merchandise.

Trans-Pacific frontloading drives early peak capacity crunch, rate surge

<div class="phx-topic abstract-wrapper"><p>The order targets importers that are largely unknown to US Customs and Border Protection, as well as importers using diversions from one country to another to reduce their duty exposure. </p></div>

The order targets importers that are largely unknown to US Customs and Border Protection, as well as importers using diversions from one country to another to reduce their duty exposure.

India-USWC rates jump as carriers redeploy capacity to hotter trans-Pacific trade

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Essential Reads

MSC pulls India-USEC capacity amid cloudy market conditions

Independent FedEx Freight looks to roll into new markets

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

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Brazil's largest port tender faces a regulatory credibility test

Freight markets must navigate ‘new normal’ amid capacity battle

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