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Market sources say cargo leaving ports in Brazil, Argentina and Uruguay is being delayed because ships bound for those ports are arriving from the US with disrupted schedules following the Oct. 1-3 strike.

It marks the second time since August the carrier has increased its 2024 earnings guidance, an indication Maersk expects robust demand and rising rates to deliver a strong finish to the year.

The aim of the partnership with Suez is to establish a long-term industrial collaboration on biomethane, with the fuel generated supplying the carrier’s alternative fuel fleet.

The Belgian hub says it now handles almost one-third of the container trade in the busy Hamburg-Le Havre port range.

It’s not too soon for BCOs to begin game-planning for the results of the US presidential election and what a slew of new tariffs in a possible Trump administration could mean for importers, writes shipper consultant John McCauley.

Small farmers of commodities such as palm oil or cocoa remain concerned about the demanding traceability requirements of the regulation that is seen as a barrier to trade with the European Union.

The US Department of Transportation’s latest round of infrastructure grants also target port-adjacent roadways, berth expansions and yard equipment electrification.

The carrier will exit the 2M Alliance next January and has been on an acquisition spree over the past year to shore up its global logistics and container terminal operations.

The truckload spot market is cooling after a surge in rates and volume, but seasonality is expected to give it another boost as year-end holidays approach.

The test showed that eBLs sped the transfer of documents from the exporter to the importer using the WaveBL platform as a shared ledger.

The country could be on the verge of undoing legislation that abolished cabotage restrictions, saying the boost received by foreign-flag carriers has come at the expense of local shipping interests.

Frontloading of peak season cargo might have been a factor in why domestic intermodal volumes were higher than expected in the third quarter.

A year of disruption has been on-the-job training for air freight shippers that are now battle-hardened and prepared for a tough end-of-year peak season.

Despite its brevity, shippers can expect to see ongoing impacts on tonnage supply on some trade lanes from the Oct. 1-3 strike, Lars Jensen told the South Carolina International Trade Conference.

The Class I railroads are acquiring separate sections of a rail line in Alabama and Mississippi, allowing them to launch a new joint intermodal service between Mexico and the Southeast US.

The group, comprising ONE, HMM and Yang Ming, said the changes apply to two trans-Pacific services and an Asia-Mediterranean service.

The port’s main container terminals are among the facilities affected by the overtime strike that Montreal’s dockworkers have deployed as part of contentious contract negotiations.

Forwarders say their containers are sitting at some terminals for 10 days or longer before they can be retrieved, although some relief in import volumes and dwell times is expected next month.

Barbara Melvin says 2024 hit Charleston in unexpected ways, but the full reopening of the Leatherman terminal was a major achievement for the port’s future expansion.

Spot rates on the westbound route, India’s largest trade lane by volume, have nearly halved in the last two weeks, according to new data obtained by the Journal of Commerce.

Ocean carriers have so far been unable to stem the rate slide in the traditionally slow post-Golden Week period that followed an early peak season on the trade lane, but they are pulling hard on capacity management levers in a bid to balance supply and demand.

Rapid urbanization and strong economic growth are driving project cargo volumes in India, although heavier cargoes are becoming harder to handle due to port equipment and infrastructure limitations.

While longshore wages will not increase until a formal contract is signed, the container shipping industry is starting to tally up the billions in new costs that will come with the almost 62% wage hike, according to a Journal of Commerce analysis

A source with knowledge of Friday’s incident said the UP train was being interchanged to Norfolk Southern Railway, although it’s unclear why the train was stationary in a residential area.

The port reopened on Saturday after engineering firm Woolpert performed a survey to check for storm debris in shipping channels.

DP World’s group chairman and CEO had initially ordered the cancellation of Monday’s announcement after being angered by comments made last week by two UK government officials.

Healthy demand for “sophisticated” multipurpose vessels is being undercut by a sluggish market for standard MPVs.

As damage from Helene and Milton is being tallied, logistics experts say the storms won’t do much to accelerate spot and contract truckload pricing in the long term.

The move comes after two UK government officials sharply criticized the March 2022 mass layoffs at DP World subsidiary P&O Ferries while launching new legislation to protect seafarer rights.

Carriers began pulling the charges shortly after the end of the strike was announced last week, while pressure to do so came even earlier from Transportation Secretary Pete Buttigieg.

Some have speculated that specific issues were raised that persuaded at least some of the carrier group CEOs to direct their representatives on the USMX to boost their offer of a pay increase.

Port officials say their facilities did not experience widespread flooding but are still being affected by power issues, adding that port tenants will make independent decisions on when to resume their operations.

Ocean carriers are trying to balance huge investment in their order books with a lack of certainty over the availability of green fuels and a slow-moving regulatory regime critical to supporting shipping’s net-zero transition.

The huge import volumes that moved across US docks in August are also muting the post-Golden Week bounce that normally occurs in mid-October when retailers ship their high-value holiday merchandise through the West Coast.

Vessels are waiting just over two days on average before getting into the harbor in the wake of last week’s ILA strike and Hurricane Helene in late September.

Local freight forwarders say carriers on the trade lane are willing to strike special rate deals with large-volume customers on a per-sailing or short-term contract basis.

With no improvement in the Red Sea security situation and shippers preparing for 2025 contracts, Gemini has jettisoned the traditional shorter route in favor of the longer transit around southern Africa.

Rates were driven by an early peak season as shippers consigned cargo ahead of the longshore strike along the US East and Gulf coasts last week and a capacity crunch as vessels continued to divert around southern Africa.

If ports operated by ILA labor were for decades a dependable alternative to those reliant on the ILA’s perpetually disruptive West Coast counterpart, the ILWU, that assumption no longer holds true, writes Peter Tirschwell.

A 10-ship order and the acquisition of MPV carrier ForestWave will increase Spliethoff’s fleet to 155 ships by 2029.