Even as containerized agriculture exports have grown every year since 2015 and global commodity prices rise, agriculture exporters won’t find it easier to secure equipment and ocean slot space until the import imbalance eases.
Strongly growing volume on China-Europe rail is causing surprisingly few major delays as forwarders find new routes around potential choke points on the network.
Tight truck capacity is a prime reason for the growth of dedicated trucking, but not the only one. Shippers are using dedicated as a tool to influence customers and reshape supply chains.
A storage depot closure near the Port of New York and New Jersey throws light on the efficiency hurdles drayage carriers face when ocean carriers redirect empty containers to other sites.
Despite the IMO 2020’s sulfur cap, the COVID-19 collapse in oil prices last year made the case for sulfur scrubbers less urgent. But BIMCO said scrubbers now make sense.