Name: Expanding Westward
Uploaded: May 8, 2024, 3:07 PM EDT
Description: IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice. TPM24, Long Beach, California Sponsored by IMC Logistics

IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice. TPM24, Long Beach, California Sponsored by IMC Logistics

<div class="phx-topic abstract-wrapper"><p>The forwarder offered an unsettled outlook for the trans-Pacific in 2025 as shippers navigate the Trump administration’s 145% tariffs on goods made in China.  </p></div>

The forwarder offered an unsettled outlook for the trans-Pacific in 2025 as shippers navigate the Trump administration’s 145% tariffs on goods made in China.

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US ocean freight from China fell ‘significantly’: Expeditors

<div class="phx-topic abstract-wrapper"><p>Interest in FTZs, where shippers can store goods while deferring the payment of duties, has increased dramatically since President Donald Trump implemented tariffs in April.</p></div>

Interest in FTZs, where shippers can store goods while deferring the payment of duties, has increased dramatically since President Donald Trump implemented tariffs in April.

US importers turning to foreign trade zones amid tariff hikes

<div class="phx-topic abstract-wrapper"><p>It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.</p></div>

It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.

CMA CGM expands air cargo fleet with Air Belgium takeover

<div class="phx-topic abstract-wrapper"><p>Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.</p></div>

Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.

Air cargo volumes fall on trans-Pacific as US de minimis changes loom

<div class="phx-topic abstract-wrapper"><p>If regulatory approval is achieved, the deal will nearly double the size of CMA CGM subsidiary CEVA Logistics’ footprint in a rapidly expanding region.</p></div>

If regulatory approval is achieved, the deal will nearly double the size of CMA CGM subsidiary CEVA Logistics’ footprint in a rapidly expanding region.

CEVA expands reach in Turkey with $440 million acquisition

<div class="phx-topic abstract-wrapper"><p>The National Retail Federation also warned the negative growth will accelerate, with imports through the summer expected to be at least 20% lower than the corresponding month last year. </p></div>

The National Retail Federation also warned the negative growth will accelerate, with imports through the summer expected to be at least 20% lower than the corresponding month last year. 

US retailers project first year-over-year import cut in 19 months as tariffs bite

<div class="phx-topic abstract-wrapper"><p>There remains no guarantee of safety for ships, crew and cargo passing through the waterway, which means it would likely be out of bounds for the rest of the year, says CEO Vincent Clerc.</p></div>

There remains no guarantee of safety for ships, crew and cargo passing through the waterway, which means it would likely be out of bounds for the rest of the year, says CEO Vincent Clerc.

US-Houthi ceasefire claim not sufficient for carrier return to Red Sea: Maersk

<div class="phx-topic abstract-wrapper"><p>The tight supply of warehousing for frontloaded freight is diverting truck shipments as shippers reposition inventory.</p></div>

The tight supply of warehousing for frontloaded freight is diverting truck shipments as shippers reposition inventory.

Tariffs amplify US warehousing demand, disrupt inland truck routes

<div class="phx-topic abstract-wrapper"><p>The main heavy-lift components needed for datacenters are cooling infrastructure such as large-scale air conditioners and backup power infrastructure such as batteries, diesel generators and transformers. </p></div>

The main heavy-lift components needed for datacenters are cooling infrastructure such as large-scale air conditioners and backup power infrastructure such as batteries, diesel generators and transformers.

Datacenter growth poses manufacturing hurdle, project carrier opportunity

<div class="phx-topic abstract-wrapper"><p>Importers in the US are rewiring their supply chains and drawing extra inventory from Canada, Mexico and domestically in a “wait and see” response to the trans-Pacific trade war, according to Vincent Clerc.</p></div>

Importers in the US are rewiring their supply chains and drawing extra inventory from Canada, Mexico and domestically in a “wait and see” response to the trans-Pacific trade war, according to Vincent Clerc.

US in race to replenish China stocks to avoid summer shortages: Maersk CEO

<div class="phx-topic abstract-wrapper"><p>Trade disputes cast a pall over US manufacturing and trucking as exports and imports drop, PMI surveys show. </p></div>

Trade disputes cast a pall over US manufacturing and trucking as exports and imports drop, PMI surveys show.

Manufacturing malaise clouds outlook for US industrial freight

<div class="phx-topic abstract-wrapper"><p>Sources anticipate the additional rerouting costs in the region will force other ocean carriers to follow suit on similar surcharges.</p></div>

Sources anticipate the additional rerouting costs in the region will force other ocean carriers to follow suit on similar surcharges.

CMA CGM levies emergency surcharges on Pakistani trade amid India tensions

<div class="phx-topic abstract-wrapper"><p>The US’ second-largest intermodal carrier has not yet felt the effects of US tariffs on China, but notes the delay in impact between the ports and the rails could take a few weeks.</p></div>

The US’ second-largest intermodal carrier has not yet felt the effects of US tariffs on China, but notes the delay in impact between the ports and the rails could take a few weeks.

Drop in USWC domestic intermodal volumes could come soon: Hub Group

<div class="phx-topic abstract-wrapper"><p>With the status of a federal multimodal freight network unclear, heavy haulers are forging ahead with their own push for processes, highway improvements and infrastructure specific to the transport of oversized and overweight loads.</p></div>

With the status of a federal multimodal freight network unclear, heavy haulers are forging ahead with their own push for processes, highway improvements and infrastructure specific to the transport of oversized and overweight loads.

Heavy loads at risk from uncertainty around US freight network map

<div class="phx-topic abstract-wrapper"><p>As port volumes plunge along the West Coast, the downstream effects will likely be felt in the coming months, with softening demand to move freight into middle America on trucks and trains.</p></div>

As port volumes plunge along the West Coast, the downstream effects will likely be felt in the coming months, with softening demand to move freight into middle America on trucks and trains.

US spot intermodal savings dipped in Q1 amid largely flat rate environment

<div class="phx-topic abstract-wrapper"><p>Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.</p></div>

Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.

<div class="phx-topic"><p>In the face of ongoing supply chain disruption, stability may be the most valuable thing a company can provide. Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Global Container Terminals</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372171097112"></dynamic-object></div></div>

In the face of ongoing supply chain disruption, stability may be the most valuable thing a company can provide. Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand. TPM25, Long Beach, California Sponsored by Global Container Terminals

Staying ahead of the curve

<div class="phx-topic abstract-wrapper"><p>Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.</p></div>

Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.

<div class="phx-topic"><p>As stakeholders adjust to dynamic shifts in the supply chain, they are considering all factors, including real estate, to gain an edge. Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by CenterPoint Properties</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372173233112"></dynamic-object></div></div>

As stakeholders adjust to dynamic shifts in the supply chain, they are considering all factors, including real estate, to gain an edge. Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role. TPM25, Long Beach, California Sponsored by CenterPoint Properties

Real estate strategies

<div class="phx-topic abstract-wrapper"><p>Brian Kobza, chief commercial officer at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.</p></div>

Brian Kobza, chief commercial officer at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.

<div class="phx-topic"><p>Partnerships can make or break supply chain success. Brian Kobza, chief commercial officer at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by IMC Logistics</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372171574112"></dynamic-object></div></div>

Partnerships can make or break supply chain success. Brian Kobza, chief commercial officer at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability. TPM25, Long Beach, California Sponsored by IMC Logistics

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Video

<div class="phx-topic abstract-wrapper"><p>Joel Henry, CEO of IMC Logistics, delves further into the company's recent acquisition of American Pacific, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.</p></div>

Joel Henry, CEO of IMC Logistics, delves further into the company's recent acquisition of American Pacific, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.

<div class="phx-topic"><p>IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.</p><p><i>TPM24, Long Beach, California</i></p><p><b>Sponsored by IMC Logistics</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6352544012112"></dynamic-object></div></div>

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