Name: Building on long-term successes
Uploaded: May 5, 2023, 11:27 AM EDT

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For more than four decades, IMC has seen its company expand to include marine drayage, container yards, and chassis repairs and its reach to 48 locations across the US. IMC Chairman Mark H. George talks about the industry’s challenges with demurrage and per diem, chassis supplies, and other issues; where the company is investing its resources; and the secret to its long-term success. TPM23, Long Beach, California Sponsored by IMC

<div class="phx-topic abstract-wrapper"><p>Rising e-commerce volume out of Vietnam is being piled on top of sustained and heavy demand for high-tech shipments, with space on freighters in short supply.</p></div>

Rising e-commerce volume out of Vietnam is being piled on top of sustained and heavy demand for high-tech shipments, with space on freighters in short supply.

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Black Friday demand tightens trans-Pacific air cargo capacity, elevates rates

<div class="phx-topic abstract-wrapper"><p>Group CEO Tobias Meyer said DHL’s freight division was affected by a weak global economy as well as a peak season in ocean freight that “failed to materialize.”</p></div>

Group CEO Tobias Meyer said DHL’s freight division was affected by a weak global economy as well as a peak season in ocean freight that “failed to materialize.”

DHL Global Forwarding sees Q3 revenue drop on lower ocean rates

<div class="phx-topic abstract-wrapper"><p>With calculations based on weight, the burden of CO2 emissions generated by passenger aircraft is being unfairly placed on the freight carried below decks, forwarders say. </p></div>

With calculations based on weight, the burden of CO2 emissions generated by passenger aircraft is being unfairly placed on the freight carried below decks, forwarders say.

Belly freight shouldering airlines’ CO2 emissions burden: forwarders

<div class="phx-topic abstract-wrapper"><p>Even another round of US tariffs and ongoing geopolitical concerns would be unlikely to blunt the growth, with airlines able to rapidly adjust capacity to support shifting trade flows, delegates at a global air cargo forum were told.</p></div>

Even another round of US tariffs and ongoing geopolitical concerns would be unlikely to blunt the growth, with airlines able to rapidly adjust capacity to support shifting trade flows, delegates at a global air cargo forum were told.

Air freight growth remains solid as verticals support nonstop momentum

<div class="phx-topic abstract-wrapper"><p>But the forwarding and logistics company said its ocean freight business dropped amid low demand and high vessel capacity. </p></div>

But the forwarding and logistics company said its ocean freight business dropped amid low demand and high vessel capacity.

Expeditors’ Q3 earnings beat forecast on air freight, customs gains

<div class="phx-topic abstract-wrapper"><p>A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate.</p></div>

A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate.

Reliance on contracts results in unused truckload, ocean capacity: study

<div class="phx-topic abstract-wrapper"><p>S&amp;P Global’s outlook for the transportation sector sees US ports facing a volume decline in 2026 with the potential for recovery in 2027.  </p></div>

S&P Global’s outlook for the transportation sector sees US ports facing a volume decline in 2026 with the potential for recovery in 2027.

US container volumes set for weak 2026 amid ongoing trade uncertainty

<div class="phx-topic abstract-wrapper"><p>The rise in bookings is driving an increase in the capacity offered by ocean carriers on Asia to North Europe and the Mediterranean that this week reached record levels on both trades. </p></div>

The rise in bookings is driving an increase in the capacity offered by ocean carriers on Asia to North Europe and the Mediterranean that this week reached record levels on both trades.

Cargo bookings for Asia-Europe ocean trade rise sharply in December

<div class="phx-topic abstract-wrapper"><p>The Israel-based carrier is urging shareholders to reelect its current slate of directors later this month after alternate nominees were put forth by dissident shareholders. </p></div>

The Israel-based carrier is urging shareholders to reelect its current slate of directors later this month after alternate nominees were put forth by dissident shareholders.

Zim faces proxy fight after rejecting CEO’s buyout bid

<div class="phx-topic abstract-wrapper"><p>The move is part of the Chinese government’s ambition to accelerate the development of China as a maritime power, China Shipbuilding Group said.</p></div>

The move is part of the Chinese government’s ambition to accelerate the development of China as a maritime power, China Shipbuilding Group said.

Cosco Shipping inks $7 billion deal for big fleet expansion

<div class="phx-topic abstract-wrapper"><p>The move into transportation management expands Transfix’s scope from its current focus on brokerage pricing technology. </p></div>

The move into transportation management expands Transfix’s scope from its current focus on brokerage pricing technology.

Transfix targets ‘unbundled’ chaos of truckload brokerage with TMS product

<div class="phx-topic abstract-wrapper"><p>The Vancouver-Fraser Port Authority’s scheduling system is aimed at helping marine terminals better prepare labor and equipment planning to mitigate import surges. </p></div>

The Vancouver-Fraser Port Authority’s scheduling system is aimed at helping marine terminals better prepare labor and equipment planning to mitigate import surges.

Vancouver’s new scheduling system gives 96-hour advance notice of vessel arrivals

<div class="phx-topic abstract-wrapper"><p>The Transportation Intermediaries Association launched a hotline that its members can use to report suspected occurrences of cargo fraud and theft, regardless of the dollar value involved. </p></div>

The Transportation Intermediaries Association launched a hotline that its members can use to report suspected occurrences of cargo fraud and theft, regardless of the dollar value involved.

Broker association to aggregate truckload theft, fraud information for FBI

<div class="phx-topic abstract-wrapper"><p>Forwarders are bemoaning pricing changes WiseTech made this week to its CargoWise products, saying their technology costs will rise markedly because shippers will be unwilling to accept the pass-through costs.  </p></div>

Forwarders are bemoaning pricing changes WiseTech made this week to its CargoWise products, saying their technology costs will rise markedly because shippers will be unwilling to accept the pass-through costs.

WiseTech pricing change tests shippers’ willingness to absorb tech costs

<div class="phx-topic abstract-wrapper"><p>While dry-van spot rates typically climb in December, this year’s increase is the highest for early December in more than five years, according to DAT Freight &amp; Analytics. </p></div>

While dry-van spot rates typically climb in December, this year’s increase is the highest for early December in more than five years, according to DAT Freight & Analytics.

US truckload rates jump on poor weather, shorter holiday shopping season

<div class="phx-topic abstract-wrapper"><p>Average intermodal train speeds among the four US Class I railroads have exceeded year-ago levels for 30 consecutive weeks dating back to early May, according to the Association of American Railroads.  </p></div>

Average intermodal train speeds among the four US Class I railroads have exceeded year-ago levels for 30 consecutive weeks dating back to early May, according to the Association of American Railroads.

Rail service shakes off prior disruptions to close 2025 on high note

<div class="phx-topic abstract-wrapper"><p>For the first time, US regulators can evaluate a rail merger not on assertions, but on what the data actually shows — and they can do it in hours, not months. </p></div>

For the first time, US regulators can evaluate a rail merger not on assertions, but on what the data actually shows — and they can do it in hours, not months.

AI will change UP-NS merger review in ways the industry has never seen

<div class="phx-topic abstract-wrapper"><p>Tirschwell and Szakonyi discuss 2026 overcapacity outlook. Container lines have multiple tools to mitigate, and external forces may blunt functional capacity.</p></div>

Tirschwell and Szakonyi discuss 2026 overcapacity outlook. Container lines have multiple tools to mitigate, and external forces may blunt functional capacity.

<div class="phx-topic"><p>Container lines have multiple tools, including idling and scrapping ships, to mitigate mounting overcapacity; external forces, such as port congestion, may also blunt functional capacity amid a wave of new ship deliveries in 2026. Analysis by Journal of Commerce by S&amp;P Executive Editor Mark Szakonyi and Vice President Peter Tirschwell .</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6385953457112"></dynamic-object></div></div>

Container lines have multiple tools, including idling and scrapping ships, to mitigate mounting overcapacity; external forces, such as port congestion, may also blunt functional capacity amid a wave of new ship deliveries in 2026. Analysis by Journal of Commerce by S&P Executive Editor Mark Szakonyi and Vice President Peter Tirschwell .

Major container tonnage overcapacity in 2026 not foregone conclusion

<div class="phx-topic abstract-wrapper"><p>Sr. Editor Eric Johnson spotlights AI challenge facing logistics sector. Despite increasing adoption, most still in early-stage development. </p></div>

Sr. Editor Eric Johnson spotlights AI challenge facing logistics sector. Despite increasing adoption, most still in early-stage development.

<div class="phx-topic"><p>The logistics sector is increasingly adopting AI technologies to enhance efficiency and capacity, prompting significant industry attention. However, Journal of Commerce reporting has found that most of the industry is in early-stage development, determining what it should mean for their individual businesses. </p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6385801806112"></dynamic-object></div></div>

The logistics sector is increasingly adopting AI technologies to enhance efficiency and capacity, prompting significant industry attention. However, Journal of Commerce reporting has found that most of the industry is in early-stage development, determining what it should mean for their individual businesses.

AI transforming logistics industry dynamics

<div class="phx-topic abstract-wrapper"><p>JOC.com editors on the IMO Net-Zero Framework and the setback to container-shipping industry decarbonization goals.</p></div>

JOC.com editors on the IMO Net-Zero Framework and the setback to container-shipping industry decarbonization goals.

<div class="phx-topic"><p>Journal of Commerce by S&amp;P Global's Executive Editor Mark Szakonyi and Vice President Peter Tirschwell discuss the impact of the International Maritime Organization’s mid-October failure to adopt the Net-Zero Framework. This move will significantly set back the container shipping’s industry decarbonization goals.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6385521479112"></dynamic-object></div></div>

Journal of Commerce by S&P Global's Executive Editor Mark Szakonyi and Vice President Peter Tirschwell discuss the impact of the International Maritime Organization’s mid-October failure to adopt the Net-Zero Framework. This move will significantly set back the container shipping’s industry decarbonization goals.

IMO fails zero-emissions signal to energy majors, investors

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Video

<div class="phx-topic abstract-wrapper"><p>IMC Chairman Mark H. George talks about the industry’s challenges with demurrage and per diem, chassis supplies, and other issues; where the company is investing its resources; and the secret to its long-term success.</p></div>

IMC Chairman Mark H. George talks about the industry’s challenges with demurrage and per diem, chassis supplies, and other issues; where the company is investing its resources; and the secret to its long-term success.

<div class="phx-topic"><p>For more than four decades, IMC has seen its company expand to include marine drayage, container yards, and chassis repairs and its reach to 48 locations across the US. IMC Chairman Mark H. George talks about the industry’s challenges with demurrage and per diem, chassis supplies, and other issues; where the company is investing its resources; and the secret to its long-term success.</p><p><i>TPM23, Long Beach, California</i></p><p><b>Sponsored by IMC</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6326834795112"></dynamic-object></div></div>

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