A new super-heavy-lift joint venture, if approved, will benefit from an offshore wind market poised to expand through 2050.
Thursday March 4, 2021
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BuyCo
BuyCo, founded in 2015 and based in Marseilles, France, focuses on enabling shippers to prepare, complete and monitor their transport operations (internally or with forwarders). The platform is also intended to allow shippers to collaborate internally and with all their partners, to get visibility on in-transit cargo and related documents, and to collect and analyze data in order to continuously improve their supply chain.
Webcasts
Mar 25, 2021 11:00AM EDT
Apr 8, 2021 2:00PM EDT
Press Releases
04 Mar 2021
Industry analyst Lars Jensen says container carriers have finally figured out how to prevent the volatile pricing swings of past years through capacity management and right-sizing of vessels for various trade lanes.
04 Mar 2021
Too often procurement “activity” at a company is episodic and rarely strategic, and this is particularly true in the transportation category.
04 Mar 2021
The race for multimodal visibility is heating up as project44, fresh off a $100 million funding round, acquires container visibility specialist Ocean Insights for an undisclosed amount.
04 Mar 2021
Heavily disrupted container shipping markets are forcing ocean shippers into the air cargo markets, with space shortages on vessels, port congestion, and difficulties in sourcing equipment for Asian exports heaping additional pressure on limited air freight capacity.
03 Mar 2021
To secure capacity, truck shippers must offer freight that ‘fits’ a carrier’s network of lanes, vehicles, and drivers, speakers at a virtual TPM21 panel said.
03 Mar 2021
The Texas legislation being questioned by two Federal Maritime Commissioners stemmed from concerns among non-container port users that the growing volume of containerships calling Houston are disrupting the ability of other vessels to transit in an efficient manner.
03 Mar 2021
Apex Logistics International plans to continue to expand scheduled charters in 2021 after seeing a 200 percent increase in charter demand in 2020.
03 Mar 2021
Kuehne + Nagel turned around a weak first half of 2020 when the pandemic slashed demand, building back its business with air cargo profitability leading the way.
03 Mar 2021
The explosion of online shopping through the COVID-19 pandemic is having an effect on demand patterns that will keep pressure on the supply chain through this year and beyond.
03 Mar 2021
The group that represents container lines in India says the government’s regulatory move on terminal handling charges amounts to interference with established global shipping practices and would harm trade development.
02 Mar 2021
Maersk’s Vincent Clerc says COVID-19 tested the industry’s limits on bringing spare capacity to shippers, but there is no need to add new ships just yet.
02 Mar 2021
Old Dominion Freight Line in February handled more and heavier LTL shipments than a year ago as shippers hit hard by winter storms searched for truck capacity.
02 Mar 2021
The opening of a large vaccination site at the Port of Los Angeles is expected to contribute immediately to greater labor availability in the Los Angeles-Long Beach port complex.
02 Mar 2021
Since demand will likely exceed capacity this year in the eastbound trans-Pacific, large importers are advised to lock in some cargo at competitive contract rates while ensuring capacity at higher rates for shipments that exceed their MQCs.
02 Mar 2021
Knight Swift CEO Dave Jackson tells JOC’s virtual TPM21 conference that trailer pools, agility, and long-term thinking is the way carriers and shippers can reduce the wild swings seen in trucking rates since 2017.
02 Mar 2021
Container market woes and a booming bulk market are cutting competition and boosting freight rates for the multipurpose/heavy-lift sector.
02 Mar 2021
Sustained demand will keep volume high deep into 2021 and fill all available ocean capacity, so delaying contract talks with carriers could leave shippers stuck on the volatile spot markets.
02 Mar 2021
ONE CEO Jeremy Nixon said it may take up to four months before container shipping returns to regular schedules in the US after the COVID-19 demand surge.
02 Mar 2021
The trans-Atlantic has largely managed to avoid the extreme rate increases of the other east-west routes, but that may be about to change.
02 Mar 2021
Global supply chains are remarkably resilient on a day-to-day basis, but where the problem lies is in the ability to handle larger systemic risks brought on by broad, unexpected events.
01 Mar 2021
The way container shipping contracts are structured between shippers and carriers has left both parties with greater exposure to the highly disrupted market.
01 Mar 2021
Backups at US ports will diminish gradually over several months only as COVID-19 vaccines are distributed and infection rates slow, IHS Markit’s chief economist told JOC’s virtual TPM21.
01 Mar 2021
US consumer spending drove unexpectedly strong demand for trans-Pacific container shipping in 2020, with experts at TPM21 saying the strength will likely last well into this year.
01 Mar 2021
The Port of Virginia will now set a hard date to accept export containers for each vessel, providing relief to BCOs dealing with frequently changing exporter receiving dates due to vessel delays.
01 Mar 2021
Descartes has acquired foreign trade zone software specialist QuestaWeb as the global trade management solutions market continues to consolidate.
01 Mar 2021
There has been no slowdown in demand for Asian cargoes from European importers, and the strong volume is keeping rates at extremely elevated levels.
01 Mar 2021
A panelist at JOC’s virtual TPM21 suggested that tasks traditionally offshored to save money, such as invoicing, invoice management, and documentation, could be automated for additional savings.
26 Feb 2021
Virginia’s shippers provide the port with information on their warehousing strategies that the port can use to allocate equipment and other resources, and at least 10 other shippers are slated to tap Virginia’s data feeds
26 Feb 2021
India transshipment gains are noteworthy for a region sporting excess port capacity, but there is little relief for cargo owners getting bombarded with an unrelenting wave of carrier general rate increases
26 Feb 2021
Grimaldi and United European Car Carriers are pursuing lower emissions vessels, and Wallenius Wilhelmsen is taking three more ships out cold layup to serve a rebounding vehicle cargo market
26 Feb 2021
Container freight rates from Asia to South America have come down from record highs but are unlikely to fall any further due to sustained demand that has crimped capacity and container supply.
26 Feb 2021
One TPM21 panel speaker said it is rare that he comes across companies with good data quality even though he considers that a basic necessity, particularly when it comes to negotiating with carriers
26 Feb 2021
With no material improvement in heavily constrained air cargo capacity expected anytime soon, forwarders have been aggressively expanding their access to space
26 Feb 2021
Online ocean freight quotes became a lifeline for forwarders during COVID-19, yet also highlighted risks of uncertain capacity and volatile rates
25 Feb 2021
A significant drop in vessel schedule reliability in the eastbound trans-Pacific in January sends an ominous warning to ports about continued congestion in their international supply chains.
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