Latest news

FMC Commissioner Carl Bentzel said rerouting ships to the ports of Seattle and Tacoma could take up to six weeks, but he doesn’t see a better alternative to easing Southern California port congestion.

Hapag-Lloyd has found that stocking up on boxes cannot alone ease the severe equipment pressure that has built on the major trades out of Asia.

A microprocessor chip shortage and new COVID-19 spread could slow recovery by hampering vehicle production.

A new technology-based parcel company, founded by an ex-Amazon and Walmart executive, emerged from stealth development Tuesday with aims on serving retailers spurned or inadequately served by UPS and FedEx.

A significant number of truckload shippers delayed annual bids with the largest US truck freight broker in the fourth quarter to avoid spiking contract rates.

In announcing its new Oakland service, the president of CMA CGM and APL in the United States says he does not expect congestion in Southern California to clear up until at least June

New contracts firm up heavy transport and heavy lift firm Fagioli’s 2021 outlook despite the pandemic-driven industry-wide downturn of 2020.

Under the restructuring plan, Heliconia Capital Management will inject $600 million into PIL while taking a strategic shareholding in the company.

California’s request for the Federal Maritime Commission to take immediate action on export delays shows political pressure is mounting to deal with Southern California port congestion that began over the summer.

Software providers say the proliferation of integrations between transportation management systems and domestic freight brokers in 2020 hints at a future in which a TMS will no longer be merely a static system, but a living platform.

Port delays and disruptions have become so severe that the 2M and THE Alliances will blank at least seven voyages between Asia and Europe in February and March to restore schedule integrity.

As COVID-19 infection rates rise, transport and maritime officials are urging that supply chain workers be given priority for vaccines, saying their health is essential to keeping goods moving throughout the US.

Ocean Network Express expects to ride a wave of profitability through the first quarter of 2021 and beyond, driven by a strong recovery in demand on the trans-Pacific and Asia–Europe trades.

The British Columbia ports of Vancouver and Prince Rupert, as well as US East and Gulf Coast ports, will be looking to further increase their share of US imports from Asia in 2021.

It is natural that the attention in the market in recent months has been on the extreme rate increases, but the extreme is not necessarily a good indicator for the market as a whole.

The container shipping industry is in the midst of yet another predictable cycle in which supply chains are upended by unpredictable external forces, relationships between carriers and shippers are tested.

JAS Worldwide has purchased e-commerce specialist Tigers to expand beyond its traditional international freight forwarding services and better address its customers’ e-commerce needs

London- and Vilnius, Lithuania-based Cargo Stream is launching a container booking application that looks to address systemic issues around equipment availability and exchange.

After a sluggish start to the year, US imports from Asia came roaring back in the second half, with an even higher concentration than usual flowing through the largest container gateways.

Although a sudden demand upswing is a key factor helping carriers keep rates at elevated levels on India trades, that undiminished pricing power also seems to reflect their success in deftly managing capacity as the pandemic quagmire lingers.

Policy experts told the virtual SMC3 Jump Start 2021 conference they expect a renewed push to limit truck driver hours of service, but also truck driver detention, during the Biden administration.

Another new entrant in the small carrier TMS space, Dallas-based Axele, portends more market structure and available capacity for shippers to tap into.

The Mission Possible Partnership, whose corporate partners represent 30 percent of global emissions, was announced as part of the all-virtual World Economic Forum’s Davos Agenda.

German line Hapag-Lloyd on Wednesday said its pre-tax earnings jumped 30 percent year over year in 2020, the latest evidence that container carriers are headed for their most profitable year in at least a decade.

In a 2020 disrupted by the COVID-19 pandemic, the on-time performance of container carriers on the major east-west trades deteriorated to its lowest-ever level and then got even worse.

Hapag-Lloyd’s advisory to customers about de-facto blank sailings in February due to port delays could be followed by similar announcements from other carriers.

A surge in demand for Shipwell’s technology-focused managed transportation approach, with freight under management tripling in 2020, is a sign of shippers’ increased reliance on an outsourced approach to logistics.

Additional acquisitions will fuel growth for both XPO’s transportation and contract logistics businesses, soon to be separate companies, chairman and CEO Bradley S. Jacobs said.

Cargo gateways across the US Southeast will invest upwards of $850 million in 2021 on a wide range of enhancements that will allow terminals to handle multiple vessels of 14,000 TEU and above simultaneously.

National Shipping of America (NSA) made its inaugural call to Port Everglades last week after the US Maritime Administration (MARAD) designated the South Florida port as part of the country’s so-called Marine Highway system on Jan. 8.

Shippers can complain, but pricing power — at least for now — has shifted away from shippers due to carrier consolidation and growing capacity discipline seen most dramatically in the swift spring withdrawals following the onset of the COVID-19 pandemic. That puts pressure on shipper to engage more with carrier not less.

Importers of higher-value cargo from Asia have been better able to withstand higher spot rates, forcing some shippers of lower-value cargo out of the market completely.

Without easing the air draft limits under the Tsing Ma bridge, ships calling at Hong Kong and the western Shenzhen ports face a lengthy transit south of Hong Kong through Chinese waters.

The sale of its $3.1 billion less-than-truckload (LTL) subsidiary narrows UPS’s focus and gives TFI International a much bigger presence in the North American LTL market, from Canada to Mexico.

The long-standing connections between CMA CGM and Yilport were again on display with the carrier’s former ports and terminals division head joining the Turkish port operator.

Maersk has teamed up with intermodal rail giant Container Corporation of India to offer block train movement from Kolkata to Jawaharlal Nehru Port Trust to feed the carrier’s weekly long-haul sailings out of the busy public harbor.

Despite an acceleration in COVID-19 cases among longshoremen in the ports of Los Angeles and Long Beach, waterfront employers say there are enough general dockworkers to handle near-record container volumes, although a shortage of trained equipment operators is a problem.

Rapid collaboration by stakeholders as 2020 wound down helped prevent more than half a billion dollars in tariffs from being imposed on goods waiting at anchorage off the ports of Los Angeles and Long Beach.

The acquisition of DDI bolsters RoadOne's 53-foot domestic container business and transloading capabilities on the East Coast as import volumes rise.

US imports from Europe have been rising steadily since August, with the trans-Atlantic so far able to shrug off the severe disruption experienced on the trades out of Asia.