Freight Procurement Systems

Freight Procurement Systems

Commentary

Not only are seafarers essential to international supply chains, we owe it to them as fellow human beings to do everything within our control, authority, and influence to ensure their well-being and humane treatment.

News & Analysis

17 Jun 2021
Port Container Yard has reopened a 55-acre container yard in Newark that was previously dedicated to empty containers to store import boxes vacated from congested Port of New York and New Jersey terminals.
17 Jun 2021
Global container supply chains have struggled under months of heavy demand and disruption with no slack left in the system to cope with severe port congestion at a major Chinese export center.
17 Jun 2021
Record-high container freight rates are underscoring the need for shippers to be able to benchmark against peers, a factor in Oslo-based technology provider Xeneta nabbing a new round of venture capital Thursday.
17 Jun 2021
Expansion into China is another piece of progress for TradeLens, the visibility and shipment data platform co-developed by Maersk and IBM.
16 Jun 2021
South China port delays are expected to last for months, pushing shippers into the air in greater numbers for an early peak season where they will be met by tight space and soaring rate levels.
16 Jun 2021
FedEx Freight’s “targeted volume controls” on select shippers amplify industry-wide less-than-truckload capacity constraints that are reshaping the LTL business and sending rates soaring.
16 Jun 2021
Retailers and logistics providers are utilizing technology offerings from such providers as Bringg to expand and manage last-mile delivery options.
16 Jun 2021
Vancouver-based Freightera, an online trucking marketplace, has found that more environmentally friendly motor carriers are often lower in cost as well.
15 Jun 2021
An expected increase in resin exports out of Houston and other Gulf Coast gateways appears to be taking longer than expected as resin producers seek to supply domestic customers first.
15 Jun 2021
Two members of US Congress want to give the FMC more power to enforce legal cases against ocean carriers that refuse to take export containers in a bid to help US ag shippers.
15 Jun 2021
In what is usually the slowest period of the year, US imports from Asia in the first five months of the year hit a new high-water mark, signaling to ports that the congestion issues they have faced may get worse as the peak season approaches.
15 Jun 2021
Container lines and forwarders say Yantian International Container Terminals is regaining terminal capacity amid a COVID-19 outbreak and is allowing more trucks to drop off exports.
15 Jun 2021
Norfolk Southern Railway and Union Pacific Railroad are having trouble getting containers to shippers, in part because their supply of 53-foot chassis is very low.
15 Jun 2021
Carriers posted an unprecedented level of profitability in the first quarter, as container shipping companies capitalized on a market in which the supply-demand balance is firmly in their favor.
15 Jun 2021
The latest shipping line to be hit by a cyberattack, HMM said the incursion has crippled its email systems but has not affected its booking documentation functions and has not resulted in any data breaches.
14 Jun 2021
The planned merger of GlobalTranz and Worldwide Express is being driven by extreme US freight market conditions that will push shippers toward third-party logistics providers.
14 Jun 2021
A House subcommittee on Tuesday will be the first to address the impact of an unprecedented surge of Asia imports that began in the spring and container lines and ports don’t expect to let up until early 2022 at the soonest.
14 Jun 2021
A House subcommittee on Tuesday will be the first to address the impact of an unprecedented surge of Asia imports that began in the spring and container lines and ports don’t expect to let up until early 2022 at the soonest.
14 Jun 2021
Current conditions in the trans-Pacific trade, with strong demand and severe capacity shortages leading to hyper-charged freight rates, are temporary, but the question is: how temporary?
14 Jun 2021
Heightened cargo demand and congestion issues at transshipment hub Colombo, Sri Lanka, are spurring new containerized rail services to India’s interior.
14 Jun 2021
Trans-Pacific carriers are expected to follow their June 1 general rate increase with another on June 15 as huge demand for space and increasing costs for equipment and trucking at Asian load ports continue unfettered.
14 Jun 2021
A partnership between forwarder Shifl and visibility provider Terminal49 is representative of a market where forwarders need to help shippers overcome a deficiency of container status information.
13 Jun 2021
Container lines are levying congestion surcharges for shipments through Yantian International Containers Terminals as the Shenzen complex slowly improves performance amid a COVID-19 outbreak.
13 Jun 2021
Peter Friedmann, executive director of the Agriculture Transportation Coalition, outlines proposals to Congress to address what his members’ consider unfair detention and demurrage, and how to ensure container lines honor their common carriage responsibilities.
11 Jun 2021
The planned merger of GlobalTranz and Worldwide Express, creating the fourth-largest freight brokerage in North America, allows the third-party logistics providers to pool parcel, less-than-truckload, and truckload capabilities in tight surface capacity market.
11 Jun 2021
CEO Darren Hawkins pledges cooperation with congressional subcommittee investigating its $700 million loan and defends Yellow’s claim to be a major military trucking supplier, saying CARES Act saved critical LTL capacity as well as jobs.
11 Jun 2021
The Cass Freight Index shows shipment volumes, costs, and rates remain at or near multi-year highs after staging a strong rebound from the COVID-19 lull in freight shipments.
11 Jun 2021
Knight-Swift Transportation, one of the top five US domestic intermodal providers, will be leaving BNSF Railway on Jan. 1, 2022, to partner with Union Pacific Railroad in the western US.
11 Jun 2021
Vacating rail containers to the Pier S “surge” facility is allowing terminal operators in the Port of Long Beach to continue working ships despite excessive dwell times for those boxes.
11 Jun 2021
The strength of the post-COVID-19 rebound in multipurpose vessel and heavy lift demand and rates has taken the industry somewhat by surprise, with demand driven by continued investment in wind energy, oil and gas recovery, and “spillover” cargoes from the container and bulk segments.
11 Jun 2021
Hapag-Lloyd is making extra efforts to ease the burden on New York and New Jersey drayage drivers handling an unprecedented number of empty containers that have accumulated in the port.
10 Jun 2021
After a long slump, strengthening MPV freight rates could encourage reinvestment in the sector for the first time in a decade.
10 Jun 2021
Singapore-based drayage technology provider Haulio has tied up with CMA CGM to handle coordination of port trucking in Thailand as it seeks to build a Southeast Asia-wide platform.
10 Jun 2021
Lifting the travel ban between Europe and the US was a topic high on the agenda during Thursday’s meeting between the US president and UK prime minister, but spreading COVID-19 infections in Europe mean there is little chance of a rapid resumption of flights.
10 Jun 2021
Vessel owner Groupe Desgagnés and the Hamilton-Oshawa Port Authority are debuting a new container feeder service from the port of Hamilton that will allow shippers to transload in Montreal for international destinations.