Shippers and logistics providers seeking warehouse space in the Port of New York and New Jersey area amid rising rents and declining vacancy rates are unlikely to see near-term relief, even as more than a dozen projects will add more than 12 million square feet to the market, real estate brokers say.
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May 17, 2018 2:00PM EDT


News & Analysis
25 Apr 2018
The Prime Minister’s Office recently asked the Chittagong Port Authority to take proper measures to ensure that less-than-containerload cargoes are unstuffed in two days and delivered to the consignees within three days.
25 Apr 2018
The ban on imports of recycled waste by China that has hurt shippers in the major markets is also affecting forwarders.
24 Apr 2018
Some said it could not be done, but Bradley Jacobs is forging new shipper services by integrating assets and resources from across XPO Logistics’ diverse operating network.
24 Apr 2018
A survey of more than 600 owner-operators and small carriers shows little change in detention practices at shipper docks, despite electronic logging and market pressures.
24 Apr 2018
The federal agency declined to elaborate on the identity of the beneficial cargo owners that issued these complaints or which ocean carriers received letters sent out on April 20.
23 Apr 2018
Handling a mega-ship can draw in a large number of other modes at a gateway port, which are needed to shift the large volume of containers moving on and off the vessel.
23 Apr 2018
Taking a cue from reform front-runner Jawaharlal Nehru Port Trust, authorities at other major public ports appear to be vigorously encouraging shippers to use the simplified mode of direct port delivery for their import discharges, bypassing third-party logistics providers.
21 Apr 2018
Sponsored: DB Schenker's Philippe Gilbert, CEO, Americas and CEO, Asia Pacific Ditlev Blicher on data innovation, the rise of Asia, and challenges of real-time collaboration across the supply chain.
21 Apr 2018
Manufacturers and shippers of autos and other vehicles have some of the most detailed contingency plans in the transportation industry for adjusting to weather, port congestion, rail disruptions, and truck capacity issues. And the need to have a resilient plan in place will only be magnified by the climate change era’s increased severe weather events.
19 Apr 2018
In the US trucking sector, smaller carriers are gravitating toward shorter-haul freight, Zipline Logistics has found. That could put more pressure on longer-haul capacity.
19 Apr 2018
An explosion of e-commerce business is driving up rents at last-mile/last-touch fulfillment centers in urban core locations, and entrepreneurial truckers are finding ways to participate in this growing market. But the end result is a plus for beneficial cargo owners and consumers, as these developments enhance customer service and prevent final delivered costs from getting out of hand.
19 Apr 2018
Cargo can now make the East Russia-Europe trip in about six to seven days, as opposed to 10 to 11 days previously, owing to railway improvements that enable higher speeds.
18 Apr 2018
Sponsored: APL Chief Executive Nicolas Sartini gives his outlook on the maritime trade industry for 2018 and areas of market growth. At the JOC TPM Conference in March he discussed the launch of a new EXX service for APL, an 11-day service from Shanghai to Los Angeles, designed as a speed-to-market alternative for air freight.
18 Apr 2018
The transportation giant this week inaugurated a new cold storage center within its container freight station site at Ponneri, on the outskirts of Chennai in South India.
17 Apr 2018
Shippers gave railroads poor marks on its latest quarterly report, according to a Cowen & Co. survey. More than 50 percent of shippers did not have a favorable review of service since January 1, as railroads struggled to handle the additional spillover freight from the US truck sector. Railroads blamed inclement weather and say better times are ahead. Shippers and lawmakers argue the problems are deeper.
17 Apr 2018
Heeding requests from the third-party logistics providers community involved with container freight stations, the customs agency put aside a decree restricting storage of direct port delivery containers left uncleared by consignees at the wharf, to a single, port-designated off-site depot, and instead reopened that business to all storage yards in and around the port.
17 Apr 2018
Guarantees may be hard to come by, but assurances of volume may help secure capacity and avoid the worst rate hikes.
16 Apr 2018
After a container is unloaded from a vessel to the yard, the Chittagong Port Authority lets shippers store the container in the yard for free for four days; on the fifth day, storage rent is charged.
16 Apr 2018
The new system, which begins in August, pending Federal Maritime Commission approval, assesses a flat fee on all day and night container moves, requires an appointment, and is a response to complaints from beneficial cargo owners and truckers about the high price of the traffic mitigation fee and truck bunching at certain times of the day.
16 Apr 2018
There are no quick fixes to Rotterdam's inland container congestion and the port needs all parties to help find solutions.
16 Apr 2018
Can deep, wide, sophisticated supply chain visibility help shippers ‘create’ capacity and control rising costs?
16 Apr 2018
Terminal operators, in a desire to control global end-to-end container logistics, are mirroring a strategy being employed by container lines.
13 Apr 2018
Bangladesh, currently in its seventh five-year plan, which covers 2016 to 2020, has set goal of a 15 percent rail transport share by 2020.
13 Apr 2018
Increasing customer demands and the need for more flexible supply chains means the warehouse of the e-commerce era will do much more, and also achieve more for businesses.
13 Apr 2018
The strike, owing to a pay and benefits dispute with Brazil's federal government that dates to November, has increased dwell times at the port to seven days, with some shippers facing up to 14-day delays.
13 Apr 2018
In 2017, the strengthening global economy increased business volumes and freight rates — boosting Top 50 third-party logistics providers’ revenue, while fueling niche mergers and acquisitions.
12 Apr 2018
Delays on railroads have eased since mid-March in Chicago, Savannah, and Dallas, after a rough winter filled with delays, detention, per diem, and demurrage fees for shippers. Railroads are rushing to hire employees, lease locomotives, and build sidings to be prepared for the next seasonal wave in the second half of 2018.
12 Apr 2018
Shippers tracking the Maersk-IBM blockchain project to see if it yields real benefits in helping them monitor cargo movement could soon get a glimpse of whether it does. But they can also expect trucking rate increases and no near-term resolution to the problem of getting truck capacity.
12 Apr 2018
Sponsored: "We're trying to run a marathon when we've just learned to walk," C.H. Robinson's Sri Laxmana said in an interview with Senior Content Editor Alessandra Barrett at 2018 TPM.
12 Apr 2018
Sponsored: Laufer Group International CEO Mark Laufer and JOC Senior Content Editor Alessandra Barrett discuss the market and technological changes taking place in the container shipping industry following the recent consolidation wave.
12 Apr 2018
Higher demand and pricing has shifted the Top 50 US trucking operators to the fast lane, and more growth is ahead.
11 Apr 2018
In the electronic logging device era, shippers will have to do more than offer drivers a cup of java and a key to the bathroom if they want access to US truck capacity at reasonable rates. Here is an infographic that provides a quick-reference list to help keep shippers' goods moving.
11 Apr 2018
Professionals gathered at the 2018 Transportation Intermediaries Association Capital Ideas Conference said US market conditions favor surface transportation carriers more today than when the industry convened in Las Vegas one year ago.
10 Apr 2018
XPO Connect will help shippers find and monitor fluctuating capacity across the logistics firm’s transportation modes.
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