LA-LB truckers add to push for FMC action on empty box returns

The Harbor Trucking Association says it will provide evidence to the FMC about the burdens that West Coast drayage carriers face in returning empties to Los Angeles–Long Beach marine terminals.

High demand keeps lid on truck capacity: experts

Strong trucking demand beyond the truckload spot market is to keep pressure on truck pricing, and will do so into 2023, speakers at a JOC webcast said Wednesday.

Hapag-Lloyd, Maersk extend restrictions on joint East Coast service

East Coast congestion continues to be a concern for carriers as more West Coast volumes are diverted, slowing cargo flow at East and Gulf coast ports.

HMM expects ‘highly volatile’ Q3 after H1 net profit surges to $4.6 billion

HMM said it would tackle the coming market uncertainty by focusing on long-term shipper contracts and increasing the volume of reefer and special cargoes.

Slync.io looks to turn the page on Kirchner era with new leadership

Slync.io’s widely reported payroll woes and the departure of its CEO last week have had a minor impact on the broader logistics industry due to the technology provider’s relatively small customer base.

Essential Reads

The steep reduction in rail services to Los Angeles-Long Beach is having a knock-on impact at the terminal gates, with the average truck turn time increasing by four minutes in July.
Maersk’s strategy of aggressively expanding long-term contracts is paying off, and with many of the agreements covering multi-years, the carrier is set to reap the financial rewards far beyond 2022.
Drivers are returning to port drayage as long-haul trucking rates slide and operating costs for small, independent motor carriers rise.
Despite the FMC finding there was no collusion among ocean shipping alliances causing elevated freight rates, NITL believes there are still concerns about the industry that new antitrust legislation could address.
The reorganization within the FMC comes as the agency steps up its enforcement and compliance activities in the wake of US shipping reform.