Amidst confusion involving blank sailings, extra-loaders, and announcements this past week by government regulatory agencies in Beijing and Washington, spot rates in the eastbound trans-Pacific continued to climb higher.
Saturday September 19, 2020
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Press Releases
18 Sep 2020
The Port of Virginia’s Virginia International Gateway (VIG) terminal has resumed Saturday gate hours through Nov. 21 after suspending weekend service in mid-March at the start of the COVID-19 pandemic.
18 Sep 2020
As container volume has picked up, trucking and logistics executives say that CSX’s domestic intermodal service has become unreliable in two key southeast US rail ramps.
18 Sep 2020
Large truckload carriers made their deepest capacity cuts in a decade in the second quarter, the JOC Truckload Capacity Index shows; they’re not likely to restore capacity quickly.
18 Sep 2020
As rates hit record levels on the trans-Pacific, the trade is an irresistible magnet for carriers, leaving forwarders in Asia struggling to find boxes as all equipment flows towards China’s export hubs.
17 Sep 2020
The US FMC said it is closely monitoring capacity and pricing conditions in the eastbound trans-Pacific, but is not yet ready to launch a fact-finding investigation or petition for legal action.
17 Sep 2020
A new integrated distribution center just outside Hagerstown, Maryland, will position regional LTL carrier A. Duie Pyle for greater growth in Virginia and along the I-70 and I-81 corridors as freight demand approaches 2019 levels.
17 Sep 2020
A&R Logistics has opened a new resin packaging plant in South Carolina two months ahead of schedule, causing port officials to be bullish about resin exports in 2021.
17 Sep 2020
Container volume in Savannah set a new monthly record in August, a result port officials didn’t anticipate but attribute to US consumer demand for online shopping and home improvement goods.
17 Sep 2020
Funds from the US Department of Transportation’s grant program will assist the ports of Charleston and Everett and Anchorage’s airport finance various improvement projects.
16 Sep 2020
The acquisition of CLW Delivery gives expedited trucking operator Forward Air custom final-mile delivery services and new territory, as its LTL and final-mile businesses converge.
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Oct 22, 2020 1:00PM EDT
