<div class="phx-topic abstract-wrapper">Less-than-truckload carriers are in expansion mode as freight pours in from traditional and non-traditional sources. But will available industrial real estate limit their growth?</div>

Less-than-truckload carriers are in expansion mode as freight pours in from traditional and non-traditional sources. But will available industrial real estate limit their growth?

<div><div><img></div>Less-than-truckload carriers are in expansion mode as freight pours in from traditional and non-traditional sources. But will available industrial real estate limit their growth? (Above: Saia trucks.) Photo credit: Saia LTL Freight.In a move that underscores the strength of US freight demand, <a>Old Dominion Freight Line </a>(ODFL) is opening five new service centers in less-than-truckload (LTL) markets across the country. That’s the largest number of terminals the LTL carrier has opened in a single quarter in its history. The openings bring the total number of terminals in ODFL’s nationwide network to 230.The biggest of the five LTL facilities is a...

Less-than-truckload carriers are in expansion mode as freight pours in from traditional and non-traditional sources. But will available industrial real estate limit their growth? (Above: Saia trucks.) Photo credit: Saia LTL Freight. In a move that underscores the strength of US freight demand, Old Dominion Freight Line (ODFL) is opening five new service centers in less-than-truckload (LTL) markets across the country. That’s the largest number of terminals the LTL carrier has opened in a single quarter in its history. The openings bring the total number of terminals in ODFL’s nationwide network to 230. The biggest of the five LTL facilities is a 52-door terminal in Lakeland, Florida, followed by a 43-door facility in Bowling Green, Kentucky; a 42-door terminal in Ogden, Utah; a 32-door center in Parkersburg, West Virginia; and a 22-door terminal in Casper, Wyoming. In April, ODFL opened an 83-door service center in Houston, replacing a much smaller terminal. ODFL’s expansion is part of an LTL building boom that began last year, fueled by the ongoing US industrial expansion. The Institute of Supply Management PMI index, a measure of US manufacturing health, has registered expansion for 20 straight months. The April PMI reading of 57.3 was down from 59.3 in March, but still well above 50, the break point for expansion. (Readings above 50 indicate an expansion; below it, a contraction.) A pickup in industrial manufacturing traditionally fuels LTL expansion, although as truckload capacity has tightened LTL carriers are moving more freight of all kinds, especially e-commerce related shipments. ODFL’s expansion builds density and brings the Thomasville, North Carolina, company “closer to customers,” a strategy suited to e-commerce shipments. “It’s about creating capacity, improving service, cutting the miles between stops,” Greg C. Gantt, president and (since May 16) CEO of ODFL, said in an interview . The carrier has about 50 real-estate projects “in play,” Gantt said, including land purchases and renovations. “We’ll continue to build terminal density in major markets,” he said. Recession, cutbacks led to terminal opportunities Since the recession, many of the largest LTL carriers, including FedEx Freight and YRC Freight , reorganized networks, closing terminals. That gave carriers such as ODFL opportunity to expand. ODFL has opened more than 20 terminals in the past 10 years, growing from a regional carrier to a national trucking operator and the third-largest stand-alone LTL company. In comparison, the largest US LTL carrier ranked by revenue, FedEx Freight, has 364 US terminals, according to information from its website. Second-largest LTL carrier XPO Logistics said it has more than 400 LTL locations, while YRC Freight, the fourth-largest LTL carrier, according to SJ Consulting Group, operates 260 facilities. UPS Freight, the fifth-largest LTL player, has 265 US terminals. Privately owned Estes Express has 219 terminals. Saia is another LTL operator rapidly expanding its network and capacity through terminal expansion. The multiregional carrier pushed into the Northeast in 2017, opening five terminals last year and two in the region to date this year. Another terminal will be added in Pennsylvania this summer. Saia also added a West Coast terminal in Fife, Washington, near Seattle. Saia now has more than 160 terminals in its network. The carrier plans $265 million in capital expenditures this year. “We're going to be focusing [on] our real estate investments,” Frederick Holzgrefe, executive vice president of finance and chief financial officer, told Wall Street analysts during an April 27 conference call. Those investments will focus on bringing Saia “closer to customers.” “We continue to advance multiple locations for additional terminal openings in the Northeast, where we continue to target four to six terminal openings this year,” Saia president and CEO Rick O’Dell said during the conference call, transcribed by Seeking Alpha. With freight shifting from truckload carriers on one side, and parcel on other, in the form of middle-mile, e-commerce freight, LTL carriers are running as close to full capacity as they can get. Although ODFL and Saia are aggressively pushing out their walls, the availability of appropriate real estate may be the biggest limiting factor on LTL capacity expansion. Back in the early 2010s, when larger companies were shedding terminals, “we could pick up terminals cheap,” ODFL’s Gantt said. “Those days are gone. There are practically no facilities out there. It’s uncommon to find one sitting there built. If it’s there, somebody is probably in it.” Contact William B. Cassidy at bill.cassidy@ihsmarkit.com and follow him on Twitter: @willbcassidy.

US LTL truckers ODFL, Saia add terminals, capacity seeking density

<div class="phx-topic abstract-wrapper">With more than 50% of the city-state's bunker fuel imported via the Strait of Hormuz that has been effectively closed since the war started on Feb. 28, suppliers are feeling the pinch.</div>

With more than 50% of the city-state's bunker fuel imported via the Strait of Hormuz that has been effectively closed since the war started on Feb. 28, suppliers are feeling the pinch.

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<div class="phx-topic">Suppliers in the world’s largest bunkering hub of Singapore are under growing stress with analysts reporting less than a month’s supply remaining and no replenishment in sight from one of its most important fuel supply lines. More than 50% of the city-state's bunker fuel is believed to be imported via the Strait of Hormuz, which has been effectively closed since the war in the Middle East started on Feb. 28. Although Singapore remains able to refuel ships, the clock is ticking on the available supply, according to Fotios Katsoulas, director and head of tankers, freight and alternative fuels research at S&amp;P Global Energy. "If the current supply-demand imbalance persists, we expect a rapid acceleration in stock drawdowns as existing inventories — currently sufficient for about three weeks of typical demand — begin to deplete,” he said. S&amp;P Global is the parent company of the Journal of Commerce. Katsoulas said the Singapore market was under “significant stress,” with recommended lead times for ocean carriers replenishing very low sulfur fuel oil (VLSFO) currently stretching to more than a week in some cases. “Prompt availability is extremely tight,” he said. “We are seeing reports of suppliers already prioritizing existing term contracts and resisting new tenders for the next months.” The immense scale of Singapore’s bunkering industry underlines the problem facing fuel suppliers in the port should the Strait of Hormuz remain closed. Singapore sold 56.2 million metric tons (mt) of bunker fuel in 2025, up 3.2% year over year, according to data from the Maritime and Port Authority of Singapore (MPA). That was more than five times the bunker sales at the world’s second-largest ship refueling hub of Rotterdam, with sales driven by strong high sulfur fuel oil (HSFO) demand as VLSFO sales dropped off. Traders in Singapore have been sourcing oil from areas outside the Middle East, such as Brazil and Russia, according to reports. The US in March issued a 30-day waiver allowing the purchase of previously sanctioned Russian oil and gas, and Singapore is taking advantage of that by increasing imports to support bunker availability. <h3>Fuel prices drop off mid-March highs </h3>The scarcity of supply since Feb. 28 has pushed up bunker fuel prices in Singapore, but there has been a decline in price since the mid-March highs. On April 1, VLSFO in Singapore was selling at $873.50 per metric ton, up 70% since Feb. 27 but far below its March 16 high of $1,119/mt, according to the Ship &amp; Bunker platform. HSFO has followed a similar path, up 60% from Feb. 27 at $695/mt, but 35% down from the March 9 price of $1,073/mt. Bucking the trend is low sulfur marine gas oil (MGO), used by carriers in emission control areas such as the coasts of North America, the Caribbean, the Baltic and North seas, and the Mediterranean. MGO prices in Singapore on April 1 were at $1,836/mt, not far off the March 23 high of $1,940, but 160% above the pre-war price, Ship &amp; Bunker data showed. In Rotterdam, VLSFO was trading at $716.50/mt on April 1, up almost 50% from Feb. 27. HSFO was at $661.50, up 50% since before the war, while MGO was 85% higher at $1,331/mt, Ship &amp; Bunker’s latest pricing showed. Katsoulas said Rotterdam was currently the most stable and well-supplied bunkering point compared to the hubs east of the Suez Canal. “It is shielded from the immediate Middle East disruptions, and as a result, Singapore is trading at a massive $140 to $250 per ton premium over Rotterdam prices,” he told the Journal of Commerce. Peter Sand, chief analyst at rate benchmarking platform Xeneta, said bunker fuel in Singapore was available at prices almost double pre-conflict levels, but the prices were trending slowly downwards after the initial spike of 200%. “With no visible end to the crisis, however, carriers are almost certainly drawing up another set of contingency plans,” Sand said in a market update Thursday. “The coming weeks will show whether slow steaming and alternative routing can hold the line, or whether blank sailings become the next lever carriers reach for.” <h3>Emergency surcharge prices rise </h3>One of the contingency plans being aggressively pursued by carriers are emergency bunker fuel surcharges piled on top of existing quarterly fuel cost recovery mechanisms. For instance, Maersk from March 25 has been charging $400 per FEU on long-haul head-haul routes and $600/FEU for reefers, while CMA CGM since March 27 has been charging emergency fuel surcharges of $265/TEU, and $320/TEU for reefers. Ocean Network Express set long-haul head-haul surcharges at $160/TEU, with $210/TEU for reefers, while Mediterranean Shipping Co. has implemented a range of fuel surcharges covering specific regional routes. Maersk this week again asked US maritime regulators to <a href="https://www.joc.com/article/maersk-again-asks-fmc-to-waive-30-day-review-period-for-emergency-fuel-surcharge-6197792">waive the 30-day notice period</a> required before liners can implement surcharges so it could immediately roll out emergency fuel surcharges on long-haul US trades. The Federal Maritime Commission <a href="https://www.joc.com/article/fmc-rejects-requests-by-carriers-to-waive-waiting-period-for-middle-east-surcharges-6191881">previously rejected an initial attempt by Maersk and three other carriers to waive the notice period</a> and is expected to rule on the second request soon. Rolf Habben Jansen, CEO of Hapag-Lloyd, last week put a price on the Middle East war, telling reporters that the carrier <a href="https://www.joc.com/article/war-adding-40-50-million-per-week-to-hapag-lloyds-costs-ceo-6193532">was shouldering added operating costs of $40 million to $50 million a week</a>. Most of that was driven by higher bunker fuel prices and rising insurance premiums in the Middle East. “Our intention is not to make a profit (from surcharges),” Habben Jansen told reporters during a media briefing. “We are trying to limit the charges to the extra costs we need to recover. We are trying to ring-fence the problem as much as possible.” Contact Greg Knowler at <a href="mailto:greg.knowler@spglobal.com">greg.knowler@spglobal.com</a>. </div>

Suppliers in the world’s largest bunkering hub of Singapore are under growing stress with analysts reporting less than a month’s supply remaining and no replenishment in sight from one of its most important fuel supply lines. More than 50% of the city-state's bunker fuel is believed to be imported via the Strait of Hormuz, which has been effectively closed since the war in the Middle East started on Feb. 28. Although Singapore remains able to refuel ships, the clock is ticking on the available supply, according to Fotios Katsoulas, director and head of tankers, freight and alternative fuels research at S&P Global Energy. "If the current supply-demand imbalance persists, we expect a rapid acceleration in stock drawdowns as existing inventories — currently sufficient for about three weeks of typical demand — begin to deplete,” he said. S&P Global is the parent company of the Journal of Commerce. Katsoulas said the Singapore market was under “significant stress,” with recommended lead times for ocean carriers replenishing very low sulfur fuel oil (VLSFO) currently stretching to more than a week in some cases. “Prompt availability is extremely tight,” he said. “We are seeing reports of suppliers already prioritizing existing term contracts and resisting new tenders for the next months.” The immense scale of Singapore’s bunkering industry underlines the problem facing fuel suppliers in the port should the Strait of Hormuz remain closed. Singapore sold 56.2 million metric tons (mt) of bunker fuel in 2025, up 3.2% year over year, according to data from the Maritime and Port Authority of Singapore (MPA). That was more than five times the bunker sales at the world’s second-largest ship refueling hub of Rotterdam, with sales driven by strong high sulfur fuel oil (HSFO) demand as VLSFO sales dropped off. Traders in Singapore have been sourcing oil from areas outside the Middle East, such as Brazil and Russia, according to reports. The US in March issued a 30-day waiver allowing the purchase of previously sanctioned Russian oil and gas, and Singapore is taking advantage of that by increasing imports to support bunker availability. Fuel prices drop off mid-March highs The scarcity of supply since Feb. 28 has pushed up bunker fuel prices in Singapore, but there has been a decline in price since the mid-March highs. On April 1, VLSFO in Singapore was selling at $873.50 per metric ton, up 70% since Feb. 27 but far below its March 16 high of $1,119/mt, according to the Ship & Bunker platform. HSFO has followed a similar path, up 60% from Feb. 27 at $695/mt, but 35% down from the March 9 price of $1,073/mt. Bucking the trend is low sulfur marine gas oil (MGO), used by carriers in emission control areas such as the coasts of North America, the Caribbean, the Baltic and North seas, and the Mediterranean. MGO prices in Singapore on April 1 were at $1,836/mt, not far off the March 23 high of $1,940, but 160% above the pre-war price, Ship & Bunker data showed. In Rotterdam, VLSFO was trading at $716.50/mt on April 1, up almost 50% from Feb. 27. HSFO was at $661.50, up 50% since before the war, while MGO was 85% higher at $1,331/mt, Ship & Bunker’s latest pricing showed. Katsoulas said Rotterdam was currently the most stable and well-supplied bunkering point compared to the hubs east of the Suez Canal. “It is shielded from the immediate Middle East disruptions, and as a result, Singapore is trading at a massive $140 to $250 per ton premium over Rotterdam prices,” he told the Journal of Commerce. Peter Sand, chief analyst at rate benchmarking platform Xeneta, said bunker fuel in Singapore was available at prices almost double pre-conflict levels, but the prices were trending slowly downwards after the initial spike of 200%. “With no visible end to the crisis, however, carriers are almost certainly drawing up another set of contingency plans,” Sand said in a market update Thursday. “The coming weeks will show whether slow steaming and alternative routing can hold the line, or whether blank sailings become the next lever carriers reach for.” Emergency surcharge prices rise One of the contingency plans being aggressively pursued by carriers are emergency bunker fuel surcharges piled on top of existing quarterly fuel cost recovery mechanisms. For instance, Maersk from March 25 has been charging $400 per FEU on long-haul head-haul routes and $600/FEU for reefers, while CMA CGM since March 27 has been charging emergency fuel surcharges of $265/TEU, and $320/TEU for reefers. Ocean Network Express set long-haul head-haul surcharges at $160/TEU, with $210/TEU for reefers, while Mediterranean Shipping Co. has implemented a range of fuel surcharges covering specific regional routes. Maersk this week again asked US maritime regulators to waive the 30-day notice period required before liners can implement surcharges so it could immediately roll out emergency fuel surcharges on long-haul US trades. The Federal Maritime Commission previously rejected an initial attempt by Maersk and three other carriers to waive the notice period and is expected to rule on the second request soon. Rolf Habben Jansen, CEO of Hapag-Lloyd, last week put a price on the Middle East war, telling reporters that the carrier was shouldering added operating costs of $40 million to $50 million a week . Most of that was driven by higher bunker fuel prices and rising insurance premiums in the Middle East. “Our intention is not to make a profit (from surcharges),” Habben Jansen told reporters during a media briefing. “We are trying to limit the charges to the extra costs we need to recover. We are trying to ring-fence the problem as much as possible.” Contact Greg Knowler at greg.knowler@spglobal.com .

Container lines

Container Shipping News

Maritime

Singapore bunker supply continues to run down as Middle East war drags on

<div class="phx-topic abstract-wrapper">The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.</div>

The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.

<div class="phx-topic">Maersk is making another attempt to win approval from US maritime regulators to waive a 30-day notice period and permit the carrier to immediately implement an emergency bunker fuel surcharge on long-haul US trades to offset rising costs driven by the war in the Middle East. The Federal Maritime Commission (FMC) is expected to vote soon on Maersk’s new request, a spokesperson for the agency said. That comes as the agency on Wednesday rejected requests from two forwarders for a waiver of the 30-day notice period that is required before liners can implement surcharges. The FMC <a href="https://www.joc.com/article/fmc-rejects-requests-by-carriers-to-waive-waiting-period-for-middle-east-surcharges-6191881">previously rejected an initial attempt by Maersk and three other carriers</a> to waive the notice period. How the FMC votes on Maersk’s latest request for special permission to implement surcharges in the hundreds of dollars per container could prove a test case for other carriers seeking to recoup war-driven energy costs from US shippers and forwarders. The FMC’s four commissioners on March 23 unanimously voted to reject separate requests from Maersk, CMA CGM, Hapag-Lloyd and Zim Integrated Shipping Services to waive the notice period, forcing the carriers to wait until this week to implement the initial surcharges. FMC Chairman Laura DiBella said the carriers should have provided data behind the decision to levy the surcharge and specify a duration, so the fee is “reasonably related to the increased costs.” In its initial March 11 filing to the FMC, Maersk asked the agency to waive the notice period for the new emergency bunker fuel surcharge so it could take effect March 25, coinciding with the implementation of similar surcharges on non-US trades, rather than April 8. In its latest petition, the carrier said low-sulfur bunker fuel prices jumped 82% on average, to $929 per metric ton, between Feb. 6 and March 9. The war began Feb. 28. “Maersk cannot absorb the full impact of this dramatic increase,” Wayne Rohde, an attorney at Cozen O’Conner representing Maersk, wrote in the filing to the FMC. “Moreover, bunker fuel prices are likely to remain elevated and volatile given the uncertainty of the duration of hostilities and their impact on the price of oil and bunker fuel.” For dry shipments on long-haul trades, Maersk is seeking an emergency fuel surcharge of $200 per TEU for the head-haul and $100 per TEU for the backhaul. Comparatively, Maersk has implemented a $300-per-TEU surcharge for refrigerated shipments on the head-haul of long-haul shipments and $150 for reefer backhaul cargoes. <h3>Holding the line </h3>The FMC on Wednesday rejected two separate requests to waive the 30-day review period for emergency surcharges. The agency denied a request by Turkon Container Transportation and Shipping to immediately impose a fee on all shipments to and from the Middle East of $2,000 per TEU, $3,000 per FEU, and $3,500 for refrigerated and special containers. The agency also denied a request by Vanguard Logistics Services, a non-vessel-operating common carrier, to immediately implement a $75 surcharge on shipments to and from the Middle East. In both cases, the FMC said the parties had failed to establish good cause to have the review period waived.The latest round of requests shows that “carriers are making the same fatal error that led to the prior denials — failing to provide their customers and the FMC specific cost information so they can determine their need for immediate imposition of very specific surcharges,” Peter Friedmann, executive director of the Agriculture Transportation Coalition, said in a statement. Contact Mark Szakonyi at <a href="mailto:mark.szakonyi@spglobal.com">mark.szakonyi@spglobal.com</a>. </div>

Maersk is making another attempt to win approval from US maritime regulators to waive a 30-day notice period and permit the carrier to immediately implement an emergency bunker fuel surcharge on long-haul US trades to offset rising costs driven by the war in the Middle East. The Federal Maritime Commission (FMC) is expected to vote soon on Maersk’s new request, a spokesperson for the agency said. That comes as the agency on Wednesday rejected requests from two forwarders for a waiver of the 30-day notice period that is required before liners can implement surcharges. The FMC previously rejected an initial attempt by Maersk and three other carriers to waive the notice period. How the FMC votes on Maersk’s latest request for special permission to implement surcharges in the hundreds of dollars per container could prove a test case for other carriers seeking to recoup war-driven energy costs from US shippers and forwarders. The FMC’s four commissioners on March 23 unanimously voted to reject separate requests from Maersk, CMA CGM, Hapag-Lloyd and Zim Integrated Shipping Services to waive the notice period, forcing the carriers to wait until this week to implement the initial surcharges. FMC Chairman Laura DiBella said the carriers should have provided data behind the decision to levy the surcharge and specify a duration, so the fee is “reasonably related to the increased costs.” In its initial March 11 filing to the FMC, Maersk asked the agency to waive the notice period for the new emergency bunker fuel surcharge so it could take effect March 25, coinciding with the implementation of similar surcharges on non-US trades, rather than April 8. In its latest petition, the carrier said low-sulfur bunker fuel prices jumped 82% on average, to $929 per metric ton, between Feb. 6 and March 9. The war began Feb. 28. “Maersk cannot absorb the full impact of this dramatic increase,” Wayne Rohde, an attorney at Cozen O’Conner representing Maersk, wrote in the filing to the FMC. “Moreover, bunker fuel prices are likely to remain elevated and volatile given the uncertainty of the duration of hostilities and their impact on the price of oil and bunker fuel.” For dry shipments on long-haul trades, Maersk is seeking an emergency fuel surcharge of $200 per TEU for the head-haul and $100 per TEU for the backhaul. Comparatively, Maersk has implemented a $300-per-TEU surcharge for refrigerated shipments on the head-haul of long-haul shipments and $150 for reefer backhaul cargoes. Holding the line The FMC on Wednesday rejected two separate requests to waive the 30-day review period for emergency surcharges. The agency denied a request by Turkon Container Transportation and Shipping to immediately impose a fee on all shipments to and from the Middle East of $2,000 per TEU, $3,000 per FEU, and $3,500 for refrigerated and special containers. The agency also denied a request by Vanguard Logistics Services, a non-vessel-operating common carrier, to immediately implement a $75 surcharge on shipments to and from the Middle East. In both cases, the FMC said the parties had failed to establish good cause to have the review period waived. The latest round of requests shows that “carriers are making the same fatal error that led to the prior denials — failing to provide their customers and the FMC specific cost information so they can determine their need for immediate imposition of very specific surcharges,” Peter Friedmann, executive director of the Agriculture Transportation Coalition, said in a statement. Contact Mark Szakonyi at  mark.szakonyi@spglobal.com .

Transport, Trade and Regulation News

Maersk again asks FMC to waive 30-day review period for emergency fuel surcharge

<div class="phx-topic abstract-wrapper">The first vessel on the carrier’s Caribbean-North America service will call the port next week, offering Canadian exporters more transshipment options to other markets. </div>

The first vessel on the carrier’s Caribbean-North America service will call the port next week, offering Canadian exporters more transshipment options to other markets.

<div class="phx-topic">CMA CGM has added the Port of Montreal to its main north-south liner service for the North American East Coast, the carrier said Wednesday, with the new service also offering a transshipment option for Canadian exporters looking to reach global markets. The CMA CGM Homere is expected to make its first call to the Cast Terminal at Montreal on April 5, according to the carrier’s schedule. The 1,713-TEU ship is part of CMA CGM’s Cagema service with a northbound rotation including Jamaica, the Dominican Republic, Puerto Rico, New York-New Jersey, Montreal and Port Saint John. CMA CGM said in a statement that Montreal shippers will also be able to access the Indian subcontinent, Mediterranean, Middle East and Oceania ports through the backhaul connection to CMA CGM’s New Jersey terminal. In addition, Asian services can be accessed through transshipment at Jamaica’s Kingston port. The Montreal Port Authority (MPA) said in a statement the addition of the Cagema service will open new markets for Canada’s exports. It added that the new service will also offer a new direct connection for refrigerated produce imports into Montreal, so shippers can bypass imports through other US East Coast ports. “The addition of the Cagema service will help increase the port’s competitiveness, diversify the markets served and open up new export opportunities for Canadian companies,” the MPA said. While a small part of its business, the MPA said north-south trades have been one of its faster-growing segments. Trade with Latin America accounted for about 5% of the port’s total container tonnage last year, or approximately 70,000 TEUs, up 12% from 2024, according to data from the port. Contact Michael Angell at <a href="mailto:michael.angell@spglobal.com">michael.angell@spglobal.com</a>. </div>

CMA CGM has added the Port of Montreal to its main north-south liner service for the North American East Coast, the carrier said Wednesday, with the new service also offering a transshipment option for Canadian exporters looking to reach global markets. The CMA CGM Homere is expected to make its first call to the Cast Terminal at Montreal on April 5, according to the carrier’s schedule. The 1,713-TEU ship is part of CMA CGM’s Cagema service with a northbound rotation including Jamaica, the Dominican Republic, Puerto Rico, New York-New Jersey, Montreal and Port Saint John. CMA CGM said in a statement that Montreal shippers will also be able to access the Indian subcontinent, Mediterranean, Middle East and Oceania ports through the backhaul connection to CMA CGM’s New Jersey terminal. In addition, Asian services can be accessed through transshipment at Jamaica’s Kingston port. The Montreal Port Authority (MPA) said in a statement the addition of the Cagema service will open new markets for Canada’s exports. It added that the new service will also offer a new direct connection for refrigerated produce imports into Montreal, so shippers can bypass imports through other US East Coast ports. “The addition of the Cagema service will help increase the port’s competitiveness, diversify the markets served and open up new export opportunities for Canadian companies,” the MPA said. While a small part of its business, the MPA said north-south trades have been one of its faster-growing segments. Trade with Latin America accounted for about 5% of the port’s total container tonnage last year, or approximately 70,000 TEUs, up 12% from 2024, according to data from the port. Contact Michael Angell at michael.angell@spglobal.com .

Port News

Montreal shippers get new north-south service from CMA CGM 

<div class="phx-topic abstract-wrapper">The decision to push back the late-April implementation is in response to industry appeals and the Middle East crisis, which has left Indian ports handling significant rerouted volumes of stranded Persian Gulf-bound containers. </div>

The decision to push back the late-April implementation is in response to industry appeals and the Middle East crisis, which has left Indian ports handling significant rerouted volumes of stranded Persian Gulf-bound containers.

<div class="phx-topic">India will delay by six months the enforcement of a rebooted cabotage policy that sought to revoke the coastal shipping freedom <a href="https://www.joc.com/article/india-scraps-cabotage-rule-opens-domestic-freight-to-foreign-ocean-carriers-5229628">extended to foreign-flag vessel operators in 2018</a>. The incumbent regulatory support has long enabled carriers to freely move laden containers for transshipment and empty boxes for repositioning intra-country. The Ministry of Ports &amp; Shipping, in announcing the reprieve Tuesday, said the decision to push back the late-April implementation is in response to industry appeals and the Middle East crisis, which has left Indian ports handling significant rerouted volumes of stranded Persian Gulf-bound containers. “...Representations have been received from stakeholders, including container liner operators’ associations, highlighting operational concerns arising out of the prevailing geopolitical situation, particularly in the Persian Gulf region, affecting global shipping dynamics such as route planning, insurance costs and vessel deployment,” the ministry said. While the Middle East chaos is an “incidental operational challenge,” it is believed that carrier representatives had already been engaging with policymakers — individually and through industry bodies — to seek a review of the policy U-turn or at least gain more time to get ready for the new operational environment. Local industry analysts view the temporary reprieve more as regulatory posturing as liner heavyweights come forward to diversify their investment interests in India, including reflagging vessels to the local registry. Maersk, CMA CGM, Mediterranean Shipping Co. <a href="https://www.joc.com/article/hapag-lloyd-to-invest-1-billion-across-indian-maritime-verticals-6189463">and Hapag-Lloyd</a> have either already added a few ships to the Indian flag or confirmed flag changing plans. “India is emerging as a transshipment hub, and global operators and shipping lines have shown commitment towards flagging container ships in India,” the ministry said in its statement. Sunil Vaswani, executive director of the Container Shipping Lines’ Association (India), welcomed the government’s decision. “The extension of cabotage relaxations was much needed under the current circumstances wherein transshipment at Indian ports has further increased,” Vaswani told the Journal of Commerce. Contact Bency Mathew at <a href="mailto:bencyvmathew@gmail.com">bencyvmathew@gmail.com</a>. </div>

India will delay by six months the enforcement of a rebooted cabotage policy that sought to revoke the coastal shipping freedom extended to foreign-flag vessel operators in 2018 . The incumbent regulatory support has long enabled carriers to freely move laden containers for transshipment and empty boxes for repositioning intra-country. The Ministry of Ports & Shipping, in announcing the reprieve Tuesday, said the decision to push back the late-April implementation is in response to industry appeals and the Middle East crisis, which has left Indian ports handling significant rerouted volumes of stranded Persian Gulf-bound containers. “...Representations have been received from stakeholders, including container liner operators’ associations, highlighting operational concerns arising out of the prevailing geopolitical situation, particularly in the Persian Gulf region, affecting global shipping dynamics such as route planning, insurance costs and vessel deployment,” the ministry said. While the Middle East chaos is an “incidental operational challenge,” it is believed that carrier representatives had already been engaging with policymakers — individually and through industry bodies — to seek a review of the policy U-turn or at least gain more time to get ready for the new operational environment. Local industry analysts view the temporary reprieve more as regulatory posturing as liner heavyweights come forward to diversify their investment interests in India, including reflagging vessels to the local registry. Maersk, CMA CGM, Mediterranean Shipping Co. and Hapag-Lloyd have either already added a few ships to the Indian flag or confirmed flag changing plans. “India is emerging as a transshipment hub, and global operators and shipping lines have shown commitment towards flagging container ships in India,” the ministry said in its statement. Sunil Vaswani, executive director of the Container Shipping Lines’ Association (India), welcomed the government’s decision. “The extension of cabotage relaxations was much needed under the current circumstances wherein transshipment at Indian ports has further increased,” Vaswani told the Journal of Commerce. Contact Bency Mathew at bencyvmathew@gmail.com .

International ports

India delays cabotage rewind plan amid carrier pressure, Middle East reroutings

<div class="phx-topic abstract-wrapper">The agreement is the first of its kind between rail freight companies in Rotterdam is and part of ongoing efforts to share information across the busy multimodal network at Europe’s largest port</div>

The agreement is the first of its kind between rail freight companies in Rotterdam is and part of ongoing efforts to share information across the busy multimodal network at Europe’s largest port

<div class="phx-topic">Six rail companies operating on Rotterdam’s Port Railway Line have signed a pilot cooperation agreement aimed at addressing long delays and cancellations on the crucial corridor linking Europe’s busiest container hub with the hinterland. The rail operators — Rail Force One, HSL Netherlands, DB Cargo Nederland, RTB Cargo, LTE, and Rail Cargo Group — account for 70% of the market using the line that stretches 50 kilometers (31 miles) from the Rotterdam city center to the Maasvlakte terminals. Known as “Track Together,” the shunting agreement is the first such partnership between rail freight operators in the port and is led by the Port of Rotterdam Authority. It launched on Wednesday as a seven-month pilot scheme, and if successful, will be made permanent. “By sharing information more effectively, the platform helps to ensure more efficient operations and a more reliable rail network for all stakeholders,” Jordy Hermes, product design specialist at LTE, said in a statement. Rotterdam, Europe’s largest port, handled 14.2 million TEUs in 2025, up 3.1% year over year, with about a quarter of that volume using rail to connect with the hinterland network. But the port faced persistent congestion last year that spilled through to multimodal connections with the hinterland. <h3>Efficient collaboration </h3>Ongoing efforts are being made to improve collaboration and data sharing across the carrier, terminal, barge, road and rail operators, with the Track Together partnership addressing collaboration around railway movements within the port corridor. “[It] will enable transport operators to collaborate more efficiently via the platform in the event of disruptions at the port of Rotterdam, thereby ensuring better utilization of capacity,” said Martin van der Linden, production manager at HSL. Under the shunting agreement, rail operators can take over each other’s journeys at fixed rates in the event of capacity issues in a move intended to prevent train cancellations and long delays. The collaboration also ensures that a contingency plan is immediately available in the event of deviations from standard timetables, enabling trains to be taken over quickly. Terminals in the port will benefit as their tracks are cleared, allowing scheduled trains to run as planned. The agreement outlines how trains are to be transferred, both administratively and physically, and the responsibilities of both the principal operator and the contractor. Journeys between Kijfhoek to the Maasvlakte, including all intermediate stations and terminals, can be booked via the specially developed PortFlow app. During the pilot period, the app developer, port authority and rail operators will meet monthly to review the collaboration. Contact Greg Knowler at <a href="mailto:greg.knowler@spglobal.com">greg.knowler@spglobal.com</a>.</div>

Six rail companies operating on Rotterdam’s Port Railway Line have signed a pilot cooperation agreement aimed at addressing long delays and cancellations on the crucial corridor linking Europe’s busiest container hub with the hinterland. The rail operators — Rail Force One, HSL Netherlands, DB Cargo Nederland, RTB Cargo, LTE, and Rail Cargo Group — account for 70% of the market using the line that stretches 50 kilometers (31 miles) from the Rotterdam city center to the Maasvlakte terminals. Known as “Track Together,” the shunting agreement is the first such partnership between rail freight operators in the port and is led by the Port of Rotterdam Authority. It launched on Wednesday as a seven-month pilot scheme, and if successful, will be made permanent. “By sharing information more effectively, the platform helps to ensure more efficient operations and a more reliable rail network for all stakeholders,” Jordy Hermes, product design specialist at LTE, said in a statement. Rotterdam, Europe’s largest port, handled 14.2 million TEUs in 2025, up 3.1% year over year, with about a quarter of that volume using rail to connect with the hinterland network. But the port faced persistent congestion last year that spilled through to multimodal connections with the hinterland. Efficient collaboration Ongoing efforts are being made to improve collaboration and data sharing across the carrier, terminal, barge, road and rail operators, with the Track Together partnership addressing collaboration around railway movements within the port corridor. “[It] will enable transport operators to collaborate more efficiently via the platform in the event of disruptions at the port of Rotterdam, thereby ensuring better utilization of capacity,” said Martin van der Linden, production manager at HSL. Under the shunting agreement, rail operators can take over each other’s journeys at fixed rates in the event of capacity issues in a move intended to prevent train cancellations and long delays. The collaboration also ensures that a contingency plan is immediately available in the event of deviations from standard timetables, enabling trains to be taken over quickly. Terminals in the port will benefit as their tracks are cleared, allowing scheduled trains to run as planned. The agreement outlines how trains are to be transferred, both administratively and physically, and the responsibilities of both the principal operator and the contractor. Journeys between Kijfhoek to the Maasvlakte, including all intermediate stations and terminals, can be booked via the specially developed PortFlow app. During the pilot period, the app developer, port authority and rail operators will meet monthly to review the collaboration. Contact Greg Knowler at greg.knowler@spglobal.com .

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Rotterdam rail operators ink deal to tackle delays, reliability

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