Rate platform Xeneta acquires air freight data specialist CLIVE

A strategic takeover by Xeneta will give shippers active in the volatile air freight market access to dynamic load factors, capacity, and rate information.

Global vessel arrival times slump to record low: Sea-Intelligence

Port congestion across the world’s key trade lanes is tying up capacity and destroying the schedule reliability of vessels, with global on-time performance hitting a record low last month.

Mobile readies to add inland rail reach with land deal

The Alabama Port Authority is looking to add an inland rail terminal with the purchase of land near the state capitol of Montgomery.

Canadian National names first female CEO in its history

Tracy Robinson will become the first female CEO of Canadian National Railway when the former Canadian Pacific executive takes over for J.J. Ruest at the end of February.

Vaccine mandates not slowing US-Canada freight

Proactive steps taken by US and Canadian motor carriers and shippers ahead of vaccine mandates for truck drivers are keeping cross-border freight flowing despite earlier fears of disruption and delays.

Essential Reads

The trans-Atlantic trade will report significant volume growth in 2021 as heavy US demand fills all available capacity and pushes rates to record levels.
Ports and marine terminals say that more containers can be moved through on-dock rail now that service has improved, and rail car supply has eased.
Wan Hai has come under scrutiny from the US Federal Maritime Commission for assessing detention charges on containers that shippers assert could not be returned to a container terminal.
The Port of Oakland opens an off-site container yard that aims to make it easier for ag shippers to access empty containers to use for exports.
The COVID-19 pandemic continues to hang over the air cargo business, and until regular international travel resumes, shippers will find space in tight supply and rates at elevated levels.