Name: JOC Uncharted: Episode 29
Uploaded: Dec 16, 2020, 9:59 AM EST

The COVID-19 pandemic has placed the less-than-container load market under greater scrutiny. More e-commerce translates to smaller shipment sizes and a higher volume of individual shipments over the long term. Not all of that volume can move by air or express. But LCL has historically struggled to get buy-in from shippers and investors, especially from a technology perspective. Phillip Blumenthal, a veteran of Dachser, DB Schenker, and Freightos, and founder of Doctor Freight, joins JOC Uncharted to talk about the relative lack of innovation in LCL and why that may change in the years ahead. Peter Tirschwell, vice president, Maritime & Trade, IHS Markit, will provide the JOC Uncharted weekly commentary. For more information on all current and future episodes, please CLICK HERE . Total Run Time: 23:21 JOC News Update  0:14  Mark Szakonyi, Executive Editor, JOC.com and The Journal of Commerce, Maritime & Trade, IHS Markit Ad Spot 3:31 JOC Uncharted One-On-One With Doctor Freight’s Philip Blumenthal 3:59 Eric Johnson, Senior Editor, Technology, JOC, Maritime & Trade, IHS Markit Philip Blumenthal, Founder, Doctor Freight Commentary 19:23 Peter Tirschwell, Vice President, Maritime & Trade, IHS Markit

<div class="phx-topic abstract-wrapper"><p>But whether the market’s mid-year resilience will carry through to the end-of-year peak season remains unclear with rates beginning to ease.  </p></div>

But whether the market’s mid-year resilience will carry through to the end-of-year peak season remains unclear with rates beginning to ease.

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Asian exports lift air freight demand as summer slowdown fails to bite

<div class="phx-topic abstract-wrapper"><p>New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.</p></div>

New rules on low-value European imports are already changing market behavior, but the full impact on volume has yet to be measured just one month after the elimination of the de minimis exemption.

Air cargo rates, volume slump after EU duty-free tax reform

<div class="phx-topic abstract-wrapper"><p>While the AI equipment boom competes with e-commerce for air freight capacity out of Asia, the fast-growing tech shipments offer better yields and more opportunities for logistics providers. </p></div>

While the AI equipment boom competes with e-commerce for air freight capacity out of Asia, the fast-growing tech shipments offer better yields and more opportunities for logistics providers.

Data center demand offers forwarders value-added services beyond air freight

<div class="phx-topic abstract-wrapper"><p>The momentum generated by air and ocean demand during the quarter is expected to continue through the second half of the year, the company's CEO said.</p></div>

The momentum generated by air and ocean demand during the quarter is expected to continue through the second half of the year, the company's CEO said.

DHL delivers solid Q2 result on booming Express sector

<div class="phx-topic abstract-wrapper"><p>Given the volatile market environment, airlines have started reviewing fuel surcharges every two weeks as most long-haul freighter operators prepare to pass on the latest spike in prices to customers.</p></div>

Given the volatile market environment, airlines have started reviewing fuel surcharges every two weeks as most long-haul freighter operators prepare to pass on the latest spike in prices to customers.

Air cargo carriers raise surcharges as jet fuel prices take off

<div class="phx-topic abstract-wrapper"><p>The carrier has a sizeable war chest for fleet expansion, built up over the last several years of healthy earnings and strong freight rates. </p></div>

The carrier has a sizeable war chest for fleet expansion, built up over the last several years of healthy earnings and strong freight rates.

Maersk eyes mega $9 billion ordering spree for 42 new ships: report

<div class="phx-topic abstract-wrapper"><p>Four consecutive typhoons created berthing delays lasting up to two weeks across Shanghai, Ningbo-Zhoushan, and Yantian due to terminal closures and ships having to shelter from the storm, Xeneta said in a report. </p></div>

Four consecutive typhoons created berthing delays lasting up to two weeks across Shanghai, Ningbo-Zhoushan, and Yantian due to terminal closures and ships having to shelter from the storm, Xeneta said in a report.

Typhoon delays on China container services expected to last into October

<div class="phx-topic abstract-wrapper"><p>Changing market dynamics can produce more frequent and extreme swings in freight rates, raising potential average returns for carriers even when oversupply weighs on the market, Vincent Clerc says. </p></div>

Changing market dynamics can produce more frequent and extreme swings in freight rates, raising potential average returns for carriers even when oversupply weighs on the market, Vincent Clerc says.

Ocean carriers capitalizing on shift in pricing power: Maersk CEO

<div class="phx-topic abstract-wrapper"><p>A third of deep-sea traffic that had been diverted since Houthi militant attacks began in late 2023 has now returned to shorter Red Sea voyages, but don’t expect that to show up in freight pricing, says the analyst.</p></div>

A third of deep-sea traffic that had been diverted since Houthi militant attacks began in late 2023 has now returned to shorter Red Sea voyages, but don’t expect that to show up in freight pricing, says the analyst.

No way to separate Suez transits from around-Africa rates: Xeneta

<div class="phx-topic abstract-wrapper"><p>The acid test of dedication to hub-and-spoke systems is how many mainline ports are served when there is a magnetic pull to serve more local markets directly, writes Jeremy Masters.</p></div>

The acid test of dedication to hub-and-spoke systems is how many mainline ports are served when there is a magnetic pull to serve more local markets directly, writes Jeremy Masters.

Gemini shows hub-and-spoke is alive and well, but not all-powerful: analyst

<div class="phx-topic abstract-wrapper"><p>The company’s pivot to focus on software applications in lieu of developing its freight marketplace has led to stagnation of the business and its share price, former CEO Zvi Schreiber asserts. </p></div>

The company’s pivot to focus on software applications in lieu of developing its freight marketplace has led to stagnation of the business and its share price, former CEO Zvi Schreiber asserts.

Freightos founder questions company’s direction, pushes for changes

<div class="phx-topic abstract-wrapper"><p>CBP said it’s considering how to put the Trump administration’s executive order for stricter customs enforcement into effect. </p></div>

CBP said it’s considering how to put the Trump administration’s executive order for stricter customs enforcement into effect.

US Customs seeking feedback on implementing import compliance

<div class="phx-topic abstract-wrapper"><p>The number of truckers on US highways without any type of commercial driver’s license should be as big a concern as non-domiciled CDLs and English language proficiency.</p></div>

The number of truckers on US highways without any type of commercial driver’s license should be as big a concern as non-domiciled CDLs and English language proficiency.

Unseat unlicensed truck drivers supporting ‘shadow fleet’

<div class="phx-topic abstract-wrapper"><p>Sources say there are growing instances of transshipment, rolled cargo and skipped calls in the wake of Saudel, while yard density at ports in north and east Asia is becoming another chokepoint.</p></div>

Sources say there are growing instances of transshipment, rolled cargo and skipped calls in the wake of Saudel, while yard density at ports in north and east Asia is becoming another chokepoint.

Shippers see fresh disruption from China as new typhoon again closes key ports

<div class="phx-topic abstract-wrapper"><p>A hot summer for import containers has sent spot drayage rates up in select markets, with safety concerns now becoming a factor in carrier selection.</p></div>

A hot summer for import containers has sent spot drayage rates up in select markets, with safety concerns now becoming a factor in carrier selection.

Frontloading, tighter supply drives US port drayage rates higher

<div class="phx-topic abstract-wrapper"><p>Higher fuel prices continue to put pressure on LTL and truckload producer price indexes, leading to pricing gains ahead of trucking’s peak fall season. </p></div>

Higher fuel prices continue to put pressure on LTL and truckload producer price indexes, leading to pricing gains ahead of trucking’s peak fall season.

US LTL truck pricing climbs 4.5% in August rebound: PPI

<div class="phx-topic abstract-wrapper"><p>The railroad has leased 750 chassis that will be deployed to Harrisburg and Charlotte to ensure containers keep moving following recent backlogs in those markets.</p></div>

The railroad has leased 750 chassis that will be deployed to Harrisburg and Charlotte to ensure containers keep moving following recent backlogs in those markets.

Norfolk Southern expects chassis disruptions to ease next week

<div class="phx-topic abstract-wrapper"><p>But the recent good times for North American intermodal will only continue if the “goldilocks” economic conditions endure despite numerous danger signs lurking, writes Larry Gross.</p></div>

But the recent good times for North American intermodal will only continue if the “goldilocks” economic conditions endure despite numerous danger signs lurking, writes Larry Gross.

Domestic intermodal riding market tailwinds to volume growth: analyst

<div class="phx-topic abstract-wrapper"><p>Shrinking capacity is pushing freight to fewer motor carriers and raising trucking rates, but data suggests a real freight recovery hasn’t begun. </p></div>

Shrinking capacity is pushing freight to fewer motor carriers and raising trucking rates, but data suggests a real freight recovery hasn’t begun.

No end to US freight ‘recession’ yet, despite rising truck rates

<div class="phx-topic abstract-wrapper"><p>Freight demand was either better or “less worse” at three of the largest LTL providers last month, bolstered perhaps by the need for shippers to speed some freight to inventories. </p></div>

Freight demand was either better or “less worse” at three of the largest LTL providers last month, bolstered perhaps by the need for shippers to speed some freight to inventories.

Signs of slow freight demand growth surface in LTL sector

<div class="phx-topic abstract-wrapper"><p>Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.</p></div>

Brendan Dugan, deputy executive director at South Jersey Port Corporation, discusses how data center construction is supporting structural steel imports, why lumber and plywood cargo has softened, and how investments in rail, indoor storage and electric cargo-handling equipment are positioning Camden for steadier year-round growth.

Building momentum amid uncertainty

<div class="phx-topic abstract-wrapper"><p>Craig McGraw, vice president of sales and marketing at Trans American Trucking &amp; Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.</p></div>

Craig McGraw, vice president of sales and marketing at Trans American Trucking & Warehouse, discusses his involvement in the Congressional Trucking Caucus, how tech will help to prevent bridge accidents, achieving unified operations across states, and his thoughts on chameleon carriers.

Making safety a priority

<div class="phx-topic abstract-wrapper"><p>Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.</p></div>

Kristi App, chief commercial officer at the Port of New Orleans, talks about plans for the old terminals when LIT opens and redevelopment opportunities, as well as the recent joint venture between the port, Ports America and Terminal Investment Limited.

Reinvention and redevelopment

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Video

<div class="phx-topic abstract-wrapper"><p>The latest episode of JOC Uncharted features a discussion with Philip Blumenthal, founder of Doctor Freight, about the relative lack of innovation in the less-than-container load market and why that may change in the years ahead.</p></div>

The latest episode of JOC Uncharted features a discussion with Philip Blumenthal, founder of Doctor Freight, about the relative lack of innovation in the less-than-container load market and why that may change in the years ahead.

<div class="phx-topic"><p>The COVID-19 pandemic has placed the less-than-container load market under greater scrutiny. More e-commerce translates to smaller shipment sizes and a higher volume of individual shipments over the long term. Not all of that volume can move by air or express. But LCL has historically struggled to get buy-in from shippers and investors, especially from a technology perspective. Phillip Blumenthal, a veteran of Dachser, DB Schenker, and Freightos, and founder of Doctor Freight, joins JOC Uncharted to talk about the relative lack of innovation in LCL and why that may change in the years ahead.</p><p>Peter Tirschwell, vice president, Maritime &amp; Trade, IHS Markit, will provide the JOC Uncharted weekly commentary. For more information on all current and future episodes, please <a href="https://subscribe.joc.com/uncharted/">CLICK HERE</a>.</p><p></p><p><b>Total Run Time: 23:21</b></p><h4>JOC News Update  </h4><p><b>0:14</b>        Mark Szakonyi, Executive Editor, JOC.com and The Journal of Commerce, Maritime &amp; Trade, IHS Markit </p><h4>Ad Spot  </h4><p><b>3:31 </b>       JOC Uncharted </p><h4>One-On-One With Doctor Freight’s Philip Blumenthal  </h4><p><b>3:59</b>        Eric Johnson, Senior Editor, Technology, JOC, Maritime &amp; Trade, IHS Markit </p><p>Philip Blumenthal, Founder, Doctor Freight </p><h4>Commentary </h4><p><b>19:23</b>      Peter Tirschwell, Vice President, Maritime &amp; Trade, IHS Markit </p></div>

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