JOC’s Intermodal Savings Index fell on the spot market and rose on the contract market in the third quarter, a trend that is likely to persist through the end of 2020.
Friday November 27, 2020
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Ari Ashe
Ari Ashe
Ari Ashe has more than a decade of journalism experience working in the busy newsrooms of Washington D.C. He earned two bachelor’s degrees at George Washington University and a master’s in broadcast journalism from Syracuse University. In 2006, he began his career with WTOP-FM in Washington D.C., a 24/7 all-news radio outlet. Beginning as a producer, he was the commuter transportation beat reporter from 2012 through 2015. He won an Edward R. Murrow Award for investigative journalism during the three-year stretch. In 2016, Ashe moved over to covering commercial transportation for Transport Topics, a publication of the American Trucking Associations, covering the business of trucking, railroads, and ocean carriers, including quarterly earnings reports and economic news affecting the industry. He joined the JOC in 2018 and reports on the Southeast US ports, intermodal, and trucking.
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Union Pacific Railroad will raise the surcharge on small shippers to $1,000 on excess contract cargo beginning Oct. 25, a signal that rail-owned containers remain in short supply on the West Coast.
Available drivers have been hard to find with such a sudden and sharp rise in domestic and international container flows, placing a great deal of strain on the fluidity of the supply chain.
J.B. Hunt said intermodal results were worse than anticipated because of major network congestion in rail terminals and shippers sitting on containers, which may not ease until 2021.
Agricultural shippers in North Dakota will have a new service to the ports of Seattle and Tacoma to export products overseas, which the state’s governor calls a game-changer.
The FMC will look into whether ocean carriers are incorrectly holding truckers, third-party logistics, and freight forwarders responsible for penalties that should be paid by the shipper.
DCLI is ending contracts with NVOCCs because it believes truckers are better partners in the merchant haulage business, but other chassis providers will not follow suit and plan to keep conducting...
