Easing container congestion and the summer “doldrums” have sent MPV rates drifting downward, but carriers expect energy-related demand and tight capacity to keep the sector healthy in the long term.
North America
North America
Press Releases
09 Aug 2022
Union Pacific Railroad will issue a partial rebate on intermodal loads in Northern California to help defray the cost of moving boxes between Lathrop to Oakland starting next month.
08 Aug 2022
Knight-Swift's CEO acknowledged some shippers did not stick with Swift Intermodal after the switch to UP because their networks were better aligned with former rail partner BNSF.
08 Aug 2022
US retailers note that two wild cards that could affect supply chain fluidity in the second half of the year remain — the outcome of West Coast longshore contract talks and the status of freight railroad negotiations.
08 Aug 2022
Convoy’s counterpunching approach to being sued by load board provider DAT Freight & Analytics is as much about winning the battle of public opinion as it is about winning in court, a transportation attorney told JOC.com.
08 Aug 2022
Two of Taiwan’s largest carriers have joined Maersk, ONE, and Cosco in posting highly profitable financial results for the first half of 2022 amid a still-elevated rate environment compared to the year-ago period.
08 Aug 2022
MSC’s move would appear to show some skepticism among ocean carriers active on India trades about their ability to hold firm on new rate hikes in the wake of ongoing demand pressure.
05 Aug 2022
While some carriers have been willing to adjust shipping contracts, others are holding the line, anticipating that peak season, US port congestion, and the ability to blank sailings will keep the spot market afloat through the balance of the year.
05 Aug 2022
Maersk is expanding its footprint in the heavy-lift sector with the acquisition of specialist logistics provider Martin Bencher that will be central to its new Maersk Project Logistics product.
04 Aug 2022
Container shipping trades out of Asia will continue to slow through the second half of the year as the global economy contracts, but carriers and analysts say it will be a gradual weakening of demand and rates rather than a sharp drop.
04 Aug 2022
An FMC data initiative that launched late last year involved industry stakeholder meetings with participants from container lines, shippers, forwarders, longshore unions, railroads, and technology solutions providers.
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Aug 18, 2022 11:00AM EDT
Speakers:
Bob Andrews, Senior Vice President, CenterPoint Properties
