Supply chain

Some shippers, such as the Agriculture Transportation Coalition, have pushed the FMC to force carriers to offer more transparency into the economics behind the recent surcharges.

The dredging would be part of a multifaceted project to expand the terminal’s capacity from 500,000 TEUs to 2.5 million TEUs within the next decade and allow it to handle ships of any size.

Along with vacant warehouses, tenants that want to downsize or move through subleases are also adding to supply.

The carrier’s move comes amid increased scrutiny on the positioning of container ships due to the ongoing militant attacks on commercial vessels transiting the Red Sea.

Continued diversification in US entry points will eventually lead to greater demand for warehousing and storage at inland nodes.

The acquisition of The Shippers Group gives Kenco greater distribution capacity and underscores resilient demand for space and integrated logistics services despite a weak freight market.

Chassis lessors must work quickly to be prepared to unstack units when the international intermodal market rebounds.

The facilities must adhere to new emissions-cutting rules implemented several months ago by regulators or risk daily fines approaching $12,000 per day.

With ocean carriers rushing to the FMC to seek waivers of the 30-day notice period required to implement surcharges linked to the Red Sea crisis, the head of a major US shipper group says the commission should require carriers to provide more transparency around the additional costs the charges are meant to cover.

Almost four years after COVID-19, a new crisis is once again shining a light on the traditional contentious relationship between container carriers and their customers when it comes to pricing dynamics, writes Lars Jensen.

None of the most prominent venture-backed names in logistics has had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders.

The Federal Maritime Commission’s final rule on detention and demurrage will be a watershed moment in the industry next year, but it won’t be the only one.

The ruling is significant because it means US brokers can no longer use less expensive offshore labor to cut down on operational costs associated with import entry preparation and other brokerage services.

Lower consumer demand for imports and domestic goods reshaped international and US freight markets in 2023.

The proposed 2-million-TEU container terminal would be situated downriver from New Orleans where ships won’t face the air-draft restrictions of the Crescent City Connection bridge that spans the Mississippi River.

UPS and FedEx are delivering more packages on time this holiday season, helped by no shortage of capacity in the modes that feed their networks, while Amazon, Walmart and others build out delivery capabilities.

Those making offers — which analysts say could top $20 billion — are expected to be a list of major global forwarders including DSV, Kuehne+Nagel and DHL Global Forwarding.

Expectations that the US Navy will step up maritime protection in the Red Sea following an increasing number of attacks on commercial shipping hasn’t stopped carriers from routing services away from the Suez Canal.

As conditions normalize, US retailers such as Dollar General are cutting unneeded resources, including temporary warehousing, while reinforcing their core business.

Retailers and e-commerce merchants leased 3.7 million square feet of warehousing and distribution space near the Port of Jacksonville in the third quarter, a record for Jacksonville’s industrial market.

The Water Resources Development Act, which provides funding for deepening and widening projects at US ports, has no set timeline to be implemented and stakeholders worry the delay will hinder critical work.

The facility sets up the Port of Wilmington to become a key point of entry for importers of refrigerated blueberries, grapes, apples, pears, citrus and a broad variety of organics.

Container shipping is hardly the only industry to feel the impact of organized labor’s bargaining power, nor is it unique in dealing with heightened geopolitical flashpoints or regulatory pressures tied to decarbonization, writes Journal of Commerce Executive Editor Mark Szakonyi.

Cost and long implementation timelines are among the reasons software has been out of reach for smaller shippers, brokers and carriers, a dynamic that newer solutions providers are attempting to change.

Motor carrier TCW was unable to prove that street turn fees violate US shipping law in one of the first test cases to see how the Federal Maritime Commission might regulate those charges.

The Freight Logistics Optimization Works (FLOW) program offers a free view of supply-demand data across several metrics to help make transportation management decisions easier for US supply chain stakeholders.

With shippers already having a say in regulation and policy, two House members are urging maritime regulators to give marine terminal operators and public port authorities a seat at the table.

Given shipping’s relatively poor track record on implementing anything not rigorously enforced, and a preference to delay action to the last possible minute, there seems to be a high risk that decarbonization milestones will not be met, writes analyst Lars Jensen.

The company, which caters to shippers like Uniqlo and Michelin, will use the new round of funding to spur a global expansion of its multimodal freight visibility product.

The rare joint statement reiterates earlier comments by container lines that a greenhouse gas pricing mechanism is needed to make green fuel competitive with traditional bunkers during the phase when both fuels will be in use.

US importers have finally cleared out most of the inventory overhang that kept their warehouses at capacity and created bottlenecks in their supply chains.

Getting the most out of global logistics software sometimes involves using a forwarder as a co-pilot until a shipper is ready to run processes similarly to procurement and order management internally.

The fresh funding is part of recent federal efforts to increase economic opportunities for farmers and reduce food costs for US residents.

Despite initially failing to meet capacity commitments, the carrier extended the contract for three months at the original rate, saving the shipper $180,000.

Despite some pockets of progress, exactly how container shipping achieves decarbonization will likely remain an unanswered question until new zero-emission fuel standards are adopted, writes Peter Tirschwell.

The four-phase, seven-building project with CSX rail connections will support the growing needs of importers and exporters using the port.

Draft legislation would also seek to codify that rail demurrage fees be billed to the ocean carrier, which would then pass along the charge to the responsible shipper or BCO. .

Just a month after the European Commission announced that the block exemption regulation for carriers would not be renewed next April, the UK competition authority has also called for it to lapse upon expiry.

CMA CGM is moving beyond funding and supporting startups with a hefty investment into a non-profit lab designed to improve data models that feed into artificial intelligence products.

The bill is a response to growing CBP demands that ports pay for new inspection-related equipment, or risk having the agency reduce the amount of time its officers spend performing inspections.