Any initiative to extend the marine terminal gate hours at the Port of New York and New Jersey would likely need to address the fact that many small and medium-sized warehouses that serve the port operate only during the day.

The freight broker GlobalTranz is expanding its reach in the managed transportation services market with the acquisition of Cerasis, a broker that effectively acts as provider of transportation management software and often runs the software for its less-than-truckload, parcel, and final mile customers.

Ag exporters are pleased by Wednesday’s signing of the US-China “Phase One” trade agreement, but the immediate impact on export volumes in the westbound trans-Pacific is unknown because the deal lacks specific details on commodity codes and tariff levels, they say.

The fleet-to-orderbook ratio is at its lowest in nearly a decade as carriers maintain a tight grip on capacity, aided by scrubber retrofitting and scrapping.