Latest news

The Latest News & Analysis

Uncertain market clouds outlook for South China terminal operator

Greg Knowler, Senior Editor Europe | Feb 7, 2023, 10:59 AM EST

Slowing global trade and tough Chinese measures to combat COVID-19 infections dragged down volume last year at Hutchison Ports subsidiary HPH Trust.
MaritimeContainer shippingContainer linesInternational portsPorts

Overhaul acquisition consolidates freight risk management market

Eric Johnson, Senior Technology Editor | Feb 7, 2023, 9:00 AM EST

Freight visibility provider Overhaul has acquired a competitor that doubles its size and gives it deeper cargo monitoring capability in Brazil, Mexico, and Central Europe.
Air CargoContainer shippingLogistics technologyTrucking

FMC administrative judge rules in truckers’ favor in chassis dispute

William B. Cassidy, Senior Editor | Feb 6, 2023, 5:20 PM EST

Ocean carriers cannot limit the use of chassis by motor carriers in merchant haulage, the FMC’s chief administrative judge said in an “initial” summary decision meant to resolve a long-running dispute. 
MaritimeContainer shippingContainer linesDrayage

FMC order for MSC to justify congestion fee marks first under OSRA-22

Michael Angell, Associate Editor | Feb 6, 2023, 2:47 PM EST

The Federal Maritime Commission has exercised its first use of new legal authority under OSRA-22 requiring an ocean carrier to justify the reason behind levying a congestion surcharge against a shipper.
Transport, trade and regulationContainer shipping

Sharp increase in capacity keeps trans-Atlantic rates under pressure

Greg Knowler, Senior Editor Europe | Feb 6, 2023, 11:37 AM EST

Carriers on the trans-Atlantic find themselves in the curious position of adding capacity to the trade while at the same time having to blank sailings to maintain the supply-demand balance.
Container shippingContainer linesPortsTrans-Atlantic

MSC extends Asia-USWC string to India as primary market demand wanes

Bency Mathew, Special Correspondent | Feb 6, 2023, 10:07 AM EST

With the extended port reach into India, carriers are looking to fill leftover capacity from Southeast Asia as primary market volumes slow and US sourcing within Asia diversifies beyond China, sources say.
MaritimeContainer shippingContainer linesNorth American portsInternational portsTrans-Pacific

US retailers’ global sourcing strategy will take time to develop: analysts

Bill Mongelluzzo, Senior Editor | Feb 3, 2023, 3:32 PM EST

As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sector looking for the business model that meets its particular requirements.
Transport, trade and regulationMaritimeContainer shippingInternational portsTrans-Pacific

US transport providers lose fewer jobs than expected in January

William B. Cassidy, Senior Editor | Feb 3, 2023, 2:44 PM EST

Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader labor market resilience.
SurfaceIndustrial real estateTrucking labor

End of 2M Alliance will set dominoes in motion across ocean shipping: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and JOC Analyst | Feb 3, 2023, 9:56 AM EST

The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years in the container shipping sector, writes analyst Lars Jensen.
Transport, trade and regulationMaritimeContainer shippingContainer lines

US ‘freight recession’ putting motor carrier financing tools to the test

Eric Johnson, Senior Technology Editor | Feb 3, 2023, 9:03 AM EST

Smaller US truckload carriers and the companies that provide them with access to working capital are under increasing pressure as cargo demand slows.
Logistics technologyTruckingTruckload

New IMO rules force global reefer fleet to confront uncertain future

Richard Bright, JOC analyst | Feb 3, 2023, 8:00 AM EST

The specialized reefer fleet has proven to be remarkably resilient in the face of various challenges, but now it must deal with the latest threat in the form of new IMO environmental regulations.
MaritimeCool Cargoes

C.H. Robinson reaffirms commitment to global forwarding business

William B. Cassidy, Senior Editor | Feb 2, 2023, 3:25 PM EST

The largest US logistics provider claims “compelling results” from cross-selling surface transportation and air and ocean services, despite weak market conditions.
Air CargoMaritimeTruckingSupply Chain

Rapid container rate decline complicates payment picture for shippers

Eric Johnson, Senior Technology Editor | Feb 2, 2023, 12:07 PM EST

US importers that renegotiated contract rates or shifted to the spot market in the second half of 2022 have also had to adjust to different accessorial charges and transmission formats.
Container shippingLogistics technologyContainer lines

MSC opens more direct port connections for Indian exporters as volumes taper

Bency Mathew, Special Correspondent | Feb 2, 2023, 10:41 AM EST

The expansion of origin-to-destination ocean connectivity with predictable transit time improvements is a boon for Indian exporters trying to find untapped markets for their products amid slowing demand.
Container shippingContainer linesInternational ports

DSV books record result for 2022, but warns that bull run for profits is over

Greg Knowler, Senior Editor Europe | Feb 2, 2023, 9:35 AM EST

Denmark’s DSV collected record profits for 2022, but the forwarder says a return to a more “normal” market has begun.
ForwardingAsia-EuropeTrans-PacificTrans-AtlanticAir cargo forwarding

2M breakup throws carriers’ operating playbook out the window

Peter Tirschwell | Feb 2, 2023, 9:00 AM EST

The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.
MaritimeContainer shippingContainer lines

Freightify lands funding to target digital rate management in North America

Eric Johnson, Senior Technology Editor | Feb 2, 2023, 1:00 AM EST

Technology provider Freightify is aiming to empower forwarders to build an online quoting presence that would lessen their reliance on rate marketplaces.
ForwardingLogistics technology

US LTL freight volumes starting to improve ahead of spring: ODFL

William B. Cassidy, Senior Editor | Feb 1, 2023, 4:09 PM EST

Old Dominion Freight Line “has its fingers crossed” that the decline in less-than-truckload volumes is turning and an increase in freight demand will be seen in March or the second quarter.
SurfaceTruckingLTL

Improved US cargo flow drives continued gains in trans-Pacific schedule reliability

Bill Mongelluzzo, Senior Editor | Feb 1, 2023, 3:18 PM EST

The return of US ports to normal cargo flow is demonstrated starkly in the year-over-year comparisons of vessel schedule reliability in the Asia-US trade.
MaritimeContainer shippingMarine terminalsContainer linesNorth American portsTrans-Pacific

Early Lunar New Year stalls Asian air cargo recovery

Greg Knowler, Senior Editor Europe | Feb 1, 2023, 10:29 AM EST

The traditional air cargo market slowdown has been exaggerated by an early start to the Lunar New Year and an unfavorable comparison with last year’s robust peak season.
Air CargoAir cargo forwardingAir cargo carriers