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US shippers still facing LTL rate pressure: Cowen/AFS study

William B. Cassidy, Senior Editor | Jan 17, 2023, 12:08 PM EST

Less-than-truckload rates are rising despite economic headwinds as accessorials, general rate increases, and a trend toward higher freight rate classes support a high pricing floor.
SurfaceTruckingLTL

French port group Haropa expands inland river network

Greg Knowler, Senior Editor Europe | Jan 17, 2023, 11:27 AM EST

Import weakness kept volume flat at the merged French ports of Le Havre, Rouen, and Paris, but an improved river and rail network resulted in a large rise in hinterland traffic.
Container shippingContainer linesAsia-Europe

RoadOne looks to tap Houston freight growth with deal for Texas drayage carrier

Michael Angell, Associate Editor | Jan 17, 2023, 10:59 AM EST

The sharp increase in freight activity seen at the Port of Houston over the past year has prompted national drayage provider RoadOne IntermodaLogistics to acquire a Texas motor carrier.
TruckingNorth American portsDrayageTruckload

Lack of space costing Zeebrugge new ro/ro clients: port

Keith Wallis, Special Correspondent | Jan 17, 2023, 10:25 AM EST

Zeebrugge’s ro/ro traffic rose 6.5 percent in 2022, even as congestion and tight capacity constrained potential growth.
Breakbulk shippingRo/ro cargo

Pass-through fees could disincentivize carriers from decarbonizing: shippers

Greg Knowler, Senior Editor Europe | Jan 17, 2023, 9:10 AM EST

Shippers are generally willing to share in the cost of reducing carbon emissions, but they worry a lack of transparency in pass-through charges could allow shipping lines to continue burning fossil fuels.
Container shippingContainer linesAsia-EuropeTrans-PacificTrans-Atlantic

MPV rates slump as breakbulk moves back to container sector

Janet Nodar, Senior Editor | Jan 13, 2023, 3:22 PM EST

Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects.
Breakbulk shippingBreakbulk carriers

Estes Express plans near-port expansion as new generation takes charge

William B. Cassidy, Senior Editor | Jan 13, 2023, 1:50 PM EST

The largest US family owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office. 
SurfaceTruckingLTL

Maersk inks new deals as decarbonization drive continues

Greg Knowler, Senior Europe Editor | Jan 13, 2023, 11:57 AM EST

Decarbonizing its entire business by 2040 requires collaboration across Maersk’s global supply chain, pushing the carrier to sign partnerships in strategic areas to achieve its net-zero ambitions.
MaritimeContainer shippingContainer linesInternational ports

New services, West Coast labor talks push NY-NJ into top US port spot

Michael Angell, Associate Editor | Jan 13, 2023, 11:15 AM EST

The growth at the Port of New York and New Jersey was accompanied by persistent container and vessel backlogs and truck congestion, but volumes are expected to taper off in 2023.
Container shippingMarine terminalsContainer linesNorth American ports

Europe string reinstates South India rotation after schedule disruptions

Bency Mathew, Special Correspondent | Jan 13, 2023, 10:49 AM EST

The IEX service’s nine-vessel routing has experienced serious reliability challenges since early last year amid the pandemic-linked port flow turmoil.
Container shippingContainer linesInternational ports

Plunge in trans-Pac rates, volumes sink Q4 revenues for Taiwan carriers

Keith Wallis, Special Correspondent | Jan 12, 2023, 3:27 PM EST

Despite the fourth-quarter crash in revenues, all three Taiwan-based carriers still booked record revenues for the full year, suggesting they will report bumper profits for 2022.
Container shippingContainer linesNorth American portsTrans-Pacific

Domestic intermodal rail volumes likely to slip after 2022 uptick

Ari Ashe, Senior Editor | Jan 12, 2023, 2:49 PM EST

As consumer buying patterns return to a more normal mix of goods and services in 2023, domestic intermodal providers will have to find a way to fill a huge influx of boxes ordered during the pandemic.
SurfaceNorth-American railIntermodal providers

Zim wades into trade finance market with startup investment

Eric Johnson, Senior Technology Editor | Jan 12, 2023, 12:13 PM EST

Zim has joined a growing group of companies that see potential in giving small importers and exporters access to digital finance tools through an investment in an Israel-based startup.
Logistics technologyContainer linesSupply Chain

West Coast cargo bleed to continue until labor talks are resolved: stakeholders

Bill Mongelluzzo, Senior Editor | Jan 12, 2023, 12:02 PM EST

The West Coast’s share of US imports from Asia will continue to deteriorate in the first quarter and beyond until terminal operators and the International Longshore and Warehouse Union agree on a new contract, sources say.
Longshore laborMaritimeContainer shippingMarine terminalsContainer linesNorth American portsTrans-Pacific

Don’t confuse ocean market collapse with carrier weakness: analyst

Lars Jensen, CEO & Partner, Vespucci Maritime, and JOC Analyst | Jan 12, 2023, 10:46 AM EST

Despite the collapse in spot rates, ocean carriers are fundamentally in a stronger position than in the past, and shippers would be wise not to confuse a temporary downcycle with the liners’ structurally stronger long-term position, writes analyst Lars Jensen.
Container shippingAsia-EuropeTrans-Pacific

Jaxport secures funding to raise power lines for Blount Island big-ship calls

Michael Angell, Associate Editor | Jan 11, 2023, 4:14 PM EST

The Port of Jacksonville said it has the estimated funding in place from the city and state of Florida to increase the air draft on its main ship channel to accommodate larger post-Panamax vessels.
Container shippingContainer linesNorth American ports

USDA urges FMC to hone OSRA-22 export rules for ag shippers

Michael Angell, Associate Editor | Jan 11, 2023, 2:23 PM EST

The Ocean Shipping Reform Act’s export provisions need further clarification to explain instances when US ag exports don’t get on a ship, the US Department of Agriculture said.
Transport, trade and regulationContainer shippingContainer lines

Declining freight demand prompts Flexport to cut 20 percent of global staff

Eric Johnson, Senior Technology Editor | Jan 11, 2023, 1:46 PM EST

Falling demand for ocean and air freight services is driving headcount cuts across the logistics sector, with forwarder Flexport the latest to announce layoffs.
ForwardingLogistics technologyTrans-Pacific

Elevated chassis dwell times persist in Chicago, Kansas City

Ari Ashe, Senior Editor | Jan 11, 2023, 12:48 PM EST

The lingering congestion in Chicago and Kansas City comes despite a decrease in US imports and a relatively low volume of freight being transported inland by train.
North-American rail

Antwerp-Bruges volume fell 5.2 percent in 2022 amid operational challenges

Greg Knowler, Senior Editor Europe | Jan 11, 2023, 10:12 AM EST

Heavily disrupted shipping markets kept container handling at the Belgian hub of Antwerp-Bruges under pressure throughout 2022.
North American portsInternational portsPorts