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<div class="phx-topic abstract-wrapper"><p>The carrier said the surge in cargo demand and higher freight rates driven by the early peak season led the second quarter to outperform the first-quarter and year-ago periods. </p></div>

The carrier said the surge in cargo demand and higher freight rates driven by the early peak season led the second quarter to outperform the first-quarter and year-ago periods.

Feature image

Geopolitics, tariffs to sway second-half shipping outlook: Yang Ming

<div class="phx-topic abstract-wrapper"><p>The peak season surcharge applies to spot market freight originating in California and low-volume shippers who move less than 10 loads per week.</p></div>

The peak season surcharge applies to spot market freight originating in California and low-volume shippers who move less than 10 loads per week.

Union Pacific raises California intermodal surcharges to $1,000 per box

<div class="phx-topic abstract-wrapper"><p>Logistics executives raised concerns that congestion building across heavily disrupted inland supply chains could flow downriver to Europe’s two largest gateways and tie up import containers trying to leave the ports. </p></div>

Logistics executives raised concerns that congestion building across heavily disrupted inland supply chains could flow downriver to Europe’s two largest gateways and tie up import containers trying to leave the ports.

Low water on Rhine risks pushing bottlenecks back to Rotterdam, Antwerp

<div class="phx-topic abstract-wrapper"><p>Draft and load restrictions, work interruptions and overdue infrastructure repairs are hampering breakbulk handling in the region.  </p></div>

Draft and load restrictions, work interruptions and overdue infrastructure repairs are hampering breakbulk handling in the region.

Ongoing logjams at European ports crimp breakbulk cargo moves

<div class="phx-topic abstract-wrapper"><p>Typhoon Dolphin, the strongest to strike China so far this year, also disrupted coastal and inland supply chains after torrential rain caused extensive flooding in a broad swathe of the country. </p></div>

Typhoon Dolphin, the strongest to strike China so far this year, also disrupted coastal and inland supply chains after torrential rain caused extensive flooding in a broad swathe of the country.

Latest storm brings fresh delays to Shanghai, Ningbo port operations

<div class="phx-topic abstract-wrapper"><p>A transportation management software vendors’ launch of agents within its existing truckload carrier and broker software is symbolic of a larger mandate for vendors to juice up their solutions with AI.</p></div>

A transportation management software vendors’ launch of agents within its existing truckload carrier and broker software is symbolic of a larger mandate for vendors to juice up their solutions with AI.

Incumbent software vendors focused on native AI agent development

<div class="phx-topic abstract-wrapper"><p>The rigid annual RFP is a contract both sides abandon the moment the market moves; in a whipsaw freight market thinned by higher-for-longer interest rates, the flexible model is the disciplined one. </p></div>

The rigid annual RFP is a contract both sides abandon the moment the market moves; in a whipsaw freight market thinned by higher-for-longer interest rates, the flexible model is the disciplined one.

Stop signing one-year trucking RFPs; nobody honors them anyway

<div class="phx-topic abstract-wrapper"><p>In recent years, ocean carriers have maintained they have a natural hedge by passing on the movement in fuel prices to customers via the bunker adjustment factor, which explains why many consider actual hedging to be “gambling,” writes John McCauley. </p></div>

In recent years, ocean carriers have maintained they have a natural hedge by passing on the movement in fuel prices to customers via the bunker adjustment factor, which explains why many consider actual hedging to be “gambling,” writes John McCauley.

The murky world of bunker fuel cost management

LA-LB

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W-o-W: {previous_week_percent_la_lb.formatNumber('#.0%')} 
{y_o_y} {previous_year_percent_la_lb.formatNumber('#.0%')}

Oakland

{name}: {valueY.formatNumber('###,###.')} 
W-o-W: {previous_week_percent_oakland.formatNumber('#.0%')} 
{y_o_y} {previous_year_percent_oakland.formatNumber('#.0%')}

NWSA

{name}: {valueY.formatNumber('###,###.')} 
W-o-W: {previous_week_percent_seattle_tacoma.formatNumber('#.0%')} 
{y_o_y} {previous_year_percent_seattle_tacoma.formatNumber('#.0%')}

The Drayrates-JOC National Drayage Price Index measures weekly spot drayage pricing nationally, regionally, and across 10 markets, indexed to a baseline of 100 calculated from full-year 2024 data. Rates include linehaul and fuel for drayage in 20-foot, 40-foot and 45-foot equipment. Accessorials are excluded. The index is built from aggregated, anonymized market data using a standardized methodology designed to provide an objective measure of drayage market activity. Because the underlying dataset is broad and diversified, no single participant or transaction can meaningfully influence the index. [Drayrates](https://drayrates.ai/)

US West Coast drayage rates (Drayrates)

US West Coast spot drayage Indexes (DrayRates) Gateway

<div class="phx-topic abstract-wrapper"><p>The accelerating use of short-term, targeted contracts underscores the need to fill widening capacity gaps in shipper distribution networks as trucking rates climb higher.</p></div>

The accelerating use of short-term, targeted contracts underscores the need to fill widening capacity gaps in shipper distribution networks as trucking rates climb higher.

Use of mini-bids ‘blowing up’ as shippers seek shrinking truck capacity

<div class="phx-topic abstract-wrapper"><p>New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.</p></div>

New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.

Air cargo rates, volume slump after EU duty-free tax reform

<div class="phx-topic abstract-wrapper"><p>July’s imports will come in far lower than originally expected, while the end-of-year outlook appears more bullish, according to the latest Global Port Tracker from the National Retail Federation.</p></div>

July’s imports will come in far lower than originally expected, while the end-of-year outlook appears more bullish, according to the latest Global Port Tracker from the National Retail Federation.

US retailers downgrade July import forecast, but see healthier year-end

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<div class="phx-topic abstract-wrapper"><p>Terminal operators in Los Angeles-Long Beach have seen no changes in demurrage billing practices since the Federal Maritime Commission’s demurrage rule was struck down by an appeals court. </p></div>

Terminal operators in Los Angeles-Long Beach have seen no changes in demurrage billing practices since the Federal Maritime Commission’s demurrage rule was struck down by an appeals court.

Drayage industry hopes for FMC relief on demurrage billing

<div class="phx-topic abstract-wrapper"><p>Late-summer draft limits on the Panama Canal will mean the largest vessels calling the East and Gulf coasts won’t be able to fully load for peak shipping season.</p></div>

Late-summer draft limits on the Panama Canal will mean the largest vessels calling the East and Gulf coasts won’t be able to fully load for peak shipping season.

Panama Canal draft limits could cut into US East, Gulf coast capacity

<div class="phx-topic abstract-wrapper"><p>Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand.</p></div>

Each gigawatt of US data center expansion requires 100,000 truckloads, and experts question whether existing truck capacity is sufficient to meet the construction demand.

Geopolitics, tariffs to sway second-half shipping outlook: Yang Ming

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Essential Reads

Use of mini-bids ‘blowing up’ as shippers seek shrinking truck capacity

Air cargo rates, volume slump after EU duty-free tax reform

US retailers downgrade July import forecast, but see healthier year-end

Recent Commentary

Stop signing one-year trucking RFPs; nobody honors them anyway

The murky world of bunker fuel cost management

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