Senior Technology Editor

All but four of the top 25 non-vessel-operating common carriers (NVOs) serving the trans-Pacific trade saw container volumes between January and July fall relative to the same period in 2022. That’s a sign of not just dampened demand in the trade, but also heavier reliance on direct carrier contracts in the first few months of 2023.&nbsp; Overall volume moved by the top 25 NVOs declined 18.7% in the first seven months of the year, according to data from PIERS, a sister company of the Journal of Commerce within S&amp;P Global. The analysis doesn’t include less-than-containerload shipments. &nbsp; Headlining that drop...

Supply overcapacity coupled with mediocre freight demand has the top 25 trans-Pacific non-vessel-operating common carriers deciding whether to chase lower margin business or suffer volume losses. 

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North American Class I railroads understand why shippers and logistics providers are skeptical about intermodal service, but they believe disruptions experienced in recent years won’t happen again.

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The Journal of Commerce is the most trusted source for maritime news and analysis about ocean container shipping, logistics, supply chains, global shipping ports, shipping technology solutions and end-to-end connectivity. Coverage tracks the movement of containerized cargo — from origin to destination — handled by marine terminals in the US and abroad, depots, container ports, container lines, drayage, consignees and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers, as well as pricing, capacity, volume and reliability on the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South America and intra-Asia trades.

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