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FMC’s new rules to prevent truckers from being hit with D&D bills

Michael Angell, Associate Editor |
Under final guidelines for detention and demurrage billing, only the shipper or consignee can be on the hook for such charges and bills must be sent within 30 days.
Trucking NewsContainer Shipping NewsContainer linesNorth American portsDrayageTransport, Trade, and Regulation News

Asia gateways scramble as Gemini alliance plans big shift to feeder port network

Keith Wallis, Special Correspondent |
The move has already prompted Busan, one of the ports most affected by the downgrade, to urge Maersk and Hapag-Lloyd to rethink their Gemini vessel schedules and restore some calls at the South Korean gateway.
MaritimeContainer Shipping NewsContainer linesTrans-PacificTrans-AtlanticAsia-EuropeInternational ports

GSBN draws new ports to its shared digital infrastructure concept

Eric Johnson, Senior Technology Editor |
Large terminal operators and container lines have backed an effort to build a common digital platform, which this week lured three global port operators into its network.
MaritimeContainer Shipping NewsContainer linesMarine terminalsInternational portsLogistics Technology News

Sharp drop in CMA CGM’s 2023 results were ‘expected’: Saadé

Greg Knowler, Senior Europe Editor |
The carrier presented a mixed outlook for 2024, expecting sluggish economic growth, rising geopolitical uncertainties and excess capacity to be accompanied by inventory replenishment and consumer spending on goods.
MaritimeContainer Shipping NewsContainer lines

J.B. Hunt signs multiyear deal with Walmart, acquires container fleet

Ari Ashe, Senior Editor |
While the two companies have a partnership dating back 35 years, the latest transaction strengthens the relationship between the largest intermodal provider in North America and one of the continent’s top intermodal shippers.
Intermodal providersNorth-American rail

EU parliament rejects proposal to cut temporary port storage time

Greg Knowler, Senior Editor Europe |
There was unilateral opposition to the call made by the European Commission last May as part of its reform of customs procedures, and as expected, the measure never made it through the parliamentary review
Supply chainMaritimePort NewsInternational portsAir CargoTransport, Trade, and Regulation News

Shipping executive who led trans-Pac rate-setting conferences dead at 81

Bill Mongelluzzo, Senior Editor |
Al Pierce was a shipping veteran who headed up ocean carrier rate-setting conferences and later the so-called “discussion agreements” in the trans-Pacific trade beginning in the late 1980s.
MaritimeContainer Shipping NewsTrans-Pacific

NS to eliminate Midwest service from Charleston, Savannah due to low volumes

Ari Ashe, Senior Editor |
Railroad officials informed Georgia and South Carolina port authorities earlier this week, giving them a one-month notice that service will no longer be offered to Chicago, Cincinnati and Louisville.
North American portsNorth-American rail

Asian shipowners to see €500 million ETS charge this year: analysis

Greg Knowler, Senior Editor Europe |
The ETS will affect 4,000 Asian-flagged vessels, which equates to one-third of the total 12,500 cargo and passenger ships that are subject to the European Union carbon tax.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Flexport resurrects Convoy truckload tech as tool for drivers, brokers

Eric Johnson, Senior Technology Editor |
Increased driver adoption of apps in the truckload industry was driven in part by now-shuttered broker Convoy, whose technology was relaunched Thursday by forwarder Flexport.
Logistics Technology NewsForwardingTrucking NewsTruck brokers

India-Europe trade hit hard by longer transits amid Red Sea diversions

Greg Knowler, Senior Editor Europe |
Carriers are dealing with a significant backlog of cargo that has built up because of longer transit times, cutting down available space for exports and raising rate levels.
MaritimeContainer Shipping NewsContainer linesForwardingInternational ports

No bump yet in trans-Pacific demand from Red Sea, Panama Canal: Matson

Michael Angell, Associate Editor |
Matson said its trans-Pacific volume outlook for 2024 is roughly flat with last year owing to modest growth in its Jones Act business and little impact yet from other supply chain crises.
Container linesContainer Shipping NewsTrans-Pacific

White House counters risk of Chinese port cranes with $20 billion for US sourcing

Michael Angell, Associate Editor |
Along with new funding for the domestic manufacturing of container cranes, the Biden Administration has given the US Coast Guard more power to monitor cyberattacks on port and maritime infrastructure.
North American portsContainer Shipping NewsTransport, Trade, and Regulation News

Savannah reducing ‘free time’ window to accept export containers

Ari Ashe, Senior Editor |
The change in policy for so-called earliest receiving dates was due to go into effect March 1, but exporters asked the Georgia Ports Authority for more time to adjust their warehouse operations.
North American ports

Ryder expands footprint in Laredo after truck border crossings rose 5% last year

William B. Cassidy, Senior Editor |
A new 228,000-square-foot warehouse and distribution facility near Laredo’s World Trade Bridge will help Ryder scale operations for cross-border shippers.
SurfaceTrucking NewsIndustrial Real Estate News

January cargo spike could suggest import recovery in eastbound trans-Pacific

Bill Mongelluzzo, Senior Editor |
The fourth consecutive month of year-over-year growth in US imports from Asia might be a sign the world’s busiest trade lane has turned the corner after a lackluster 2023 in which imports declined about 13%.
MaritimeContainer Shipping NewsContainer linesTrans-PacificNorth American ports

‘Disciplined’ truckload carriers attempt to hold the line in annual pricing talks

William B. Cassidy, Senior Editor |
Many US truckload customers engaged in annual bids and contract talks are still looking for rate cuts, but the potential for a market turnaround is tempering behavior.
SurfaceTrucking NewsTruckload

Supreme Court declines to hear SC Ports’ appeal of Leatherman ruling

Michael Angell, Associate Editor |
The decision to not hear the appeal leaves intact a ruling that allows the International Longshoremen’s Association to sue ocean carriers that use the Leatherman terminal, an apparent blow to the so-called “hybrid” labor model used in Charleston.
Longshore laborContainer Shipping NewsContainer linesNorth American ports

Activist investor seeks to oust CEO at ‘worst’ Class I railroad Norfolk Southern

Ari Ashe, Senior Editor |
In addition to pushing for a leadership change, Ancora Holdings also said NS should not invest so heavily in intermodal under its current strategy and criticized the railroad for changing 180 train schedules last year to prioritize container and trailer business.
Intermodal providersNorth-American rail

Oakland’s main terminal adds overnight shift to clear vessel backlog

Bill Mongelluzzo, Senior Editor |
The operator of Oakland’s largest container terminal said it will take about two weeks to clear the vessel backlog at Oakland International Container Terminal.
MaritimePort NewsMarine terminalsNorth American ports

Rotterdam, Hamburg volumes fell last year as weak economy hit demand

Greg Knowler, Senior Editor Europe |
High inflation, the rising cost of living and geopolitical tensions suppressed demand from European consumers and industry in 2023, with few signs of a turnaround apparent for this year.
MaritimeContainer Shipping NewsContainer linesAsia-Europe

Improving US economy lifts outlook for trucking M&A activity

William B. Cassidy, Senior Editor |
More accretive “tuck-in” deals that expand carrier niche services and coverage appear likely if the Fed cuts US interest rates and freight demand improves. 
SurfaceTrucking NewsTruckloadLTL

Ro/ro carriers expect record demand, profits to persist into 2024

Keith Wallis, Special Correspondent |
Vessel diversions and potential tariffs complicate the outlook, but strong forward contracting fueled by booming demand is bolstering the ro/ro sector after a strong 2023.
Breakbulk NewsBreakbulk carriersRo/ro cargo

Global green fuel pricing must ‘coexist’ with Europe’s ETS: WSC

Greg Knowler, Senior Editor Europe |
By the time the IMO measure is introduced, the European carbon tax will have already been in place for three years, raising concerns that lengthy EU scrutiny of the global mechanism could see shippers hit with a double tax.
MaritimeContainer Shipping NewsContainer linesTransport, Trade, and Regulation News

Another Mexico intermodal option launches for shippers amid cross-border growth

Ari Ashe, Senior Editor |
Shippers will have another domestic intermodal option between Mexico and the US as cross-border intermodal growth outpaces the overall North American market.
North-American railIntermodal providers

Mexican truck drivers protest lack of security in latest cross-border disruption

William B. Cassidy, Senior Editor |
A Mexican trucking association launched a strike Thursday, adding to the uncertainty cross-border shippers face in the fast-growing market.
Trucking NewsTruckloadLTL

ONE, Wan Hai align on a ‘revamp’ of a trans-Pacific service to West Coast

Michael Angell, Associate Editor |
The new partnership with Wan Hai comes as ONE — along with Yang Ming and HMM — faces the loss of THE Alliance partner Hapag-Lloyd, which is leaving the vessel-sharing agreement for a new partnership with Maersk.
Container linesContainer Shipping NewsTrans-PacificNorth American ports

New short-haul rail service debuts linking Tacoma to inland hub

Bill Mongelluzzo, Senior Editor |
The first shipments of hay were loaded into Evergreen containers at the inland hub and moved by Union Pacific to the Pierce County Terminal in Tacoma for shipment to China.
MaritimePort NewsNorth American portsRail News

Container shipping still has an overcapacity problem, but it’s far from insurmountable

Mark Szakonyi, Executive Editor |
When carriers, and more importantly their insurers, regain confidence in transiting the Suez Canal via the Red Sea, a massive — but not insurmountable — oversupply will await them.
Container lines

US merchant wholesale data shows some green shoots for freight demand

Jason Miller, associate professor of logistics at Michigan State University, and Journal of Commerce analyst |
Across the board, merchant wholesalers are entering 2024 in a better position than this time last year when most sectors were seeing inflation-adjusted sales decline in conjunction with inventories-to-sales ratios that were well above pre-COVID levels.
Supply chain

Large US truckload carriers reining in truck capacity amid low demand

William B. Cassidy, Senior Editor |
The Journal of Commerce Truckload Capacity Index fell to 2018 levels at the end of 2023 as truckload carriers kept cutting into their fleets to lower costs. 
SurfaceTrucking NewsTruckload

Green fuel mechanism ‘a rifle shot’ at addressing fuel pricing gap: WSC

Greg Knowler, Senior Europe Editor |
A core challenge facing container shipping is how to craft a global greenhouse gas pricing regulation that can bridge the price gap between green and fossil fuels while spurring investment in alternative fuels.
MaritimeContainer Shipping NewsContainer linesTransport, Trade, and Regulation News

FMC rules for truckers in chassis dispute with ocean carriers

Ari Ashe, Senior Editor |
The long-awaited decision also seemingly puts to rest the question as to whether the FMC has authority on issues that extend beyond US ports.
North American portsNorth-American rail

Carriers deploy 13,000-TEU ‘feeder’ vessels to serve Asia-Med trade

Greg Knowler, Senior Editor Europe |
Container shipping networks from Asia to North Europe and the Mediterranean are being reshaped as carriers redeploy capacity to compensate for the additional transit time needed to sail around southern Africa.
MaritimeContainer Shipping NewsContainer linesTrans-AtlanticAsia-Europe

HMM posts slight Q4 profit, downplays collapse in takeover talks

Greg Knowler, Senior Editor Europe |
The South Korean carrier warned of rising uncertainty and a volatile container shipping market through 2024 but said the breakdown in takeover negotiations with the Harim Group earlier this month would have no impact on its operations this year.
MaritimeContainer Shipping NewsContainer lines

Reality of Red Sea capacity ‘crisis’ is far different than the hype

Peter Tirschwell |
The vessel diversions around southern Africa driven by the Red Sea security situation will turn out to be merely a brief distraction from an overall picture of overcapacity that has been building since 2022, writes Peter Tirschwell.
MaritimeContainer Shipping NewsContainer lines

Logistics’ complicated structure requires equally complex approach to AI usage

Eric Johnson, Senior Technology Editor |
ChatGPT and generative AI have captured most of the attention around artificial intelligence in logistics, but the diverse range of processes underpinning global supply chains require multiple types of AI working in concert.
Logistics Technology NewsContainer Shipping NewsForwardingAir Cargo

PMA taps COO Hennessey to replace McKenna as president, CEO

Bill Mongelluzzo, Senior Editor |
Stephen Hennessey joined PMA in 2004 after holding management positions in the shipping and trucking industries, including with Sea-Land Service, Roadway Express and Horizon Lines.
MaritimeContainer linesMarine terminalsLongshore laborNorth American ports

Carriers, shippers using feeder networks to mitigate Red Sea port disruptions

Peter Shaw-Smith, Middle East contributor |
The shipping industry still deems southbound voyages through the Suez Canal as far as Jeddah Islamic Port in Saudi Arabia as beyond the reach of the militant attacks that have forced the majority of large container ship traffic to divert around the Cape of Good Hope in southern Africa.
MaritimeContainer Shipping NewsContainer linesInternational ports

Knight-Swift buys 10 more Yellow terminals for $2.2 million as LTL push continues

William B. Cassidy, Senior Editor |
After the latest round of bidding, the largest US truckload operator has now acquired 25 Yellow facilities, bringing it closer to having a nationwide LTL network. 
SurfaceTrucking NewsLTL