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Parcel volume growth driven by e-commerce is expected to continue accelerating in 2021, but with carriers focusing on the most profitable shipments, shippers are turning to regional carriers and "gig" delivery platforms.

The alliance was born from discussions within the Korea Shipping Partnership, a coalition of 14 domestic carriers created in April 2017 following pressure from the South Korean government for carriers to improve their performance.

With the massive surge in US imports from Asia in the second half of 2020 projected to continue well into 2021, year-over-year growth is likely to accelerate thanks to comparisons with a weaker first half of 2020.

Vessel space in Asia is so tight that US importers are booking shipments three and four weeks out in order to get their containers on board.

The containership orderbook remains very low by historical standards – presently at around 8 percent of the total fleet to be delivered over the next couple of years.

An $89.5 million stock purchase at Forward Air aimed at increasing shareholder value should be a “wake-up call” for other less-than-truckload providers that likewise may not be as profitable as activist investors think they should be.

Former SAL executive Justin Archard has departed the super-heavy-lift carrier and will be a founding partner with Hamburg-based One World Shipbrokers.

Truckers are taking longer to get through terminals in Chicago because of the surge in cargo and changes in stacking containers with some railroads.

Mirroring a government strategy to monetize stressed port assets, India’s JNPT will proceed with a long-contemplated plan to upgrade its main two-berth facility – the oldest in the harbor – through private participation.

Migrating away from traditional spreadsheet-based freight procurement is becoming a priority for shippers as they move toward more frequent bids and seek to avoid data silos.

The Port of Virginia’s new CEO will start his job Jan. 19 and immediately have a host of short- and long-term projects to oversee to position the port as a top East Coast gateway.

Third-party logistics provider GlobalTranz saw a strong increase in demand for managed transportation service in 2020 and expects the outsourcing trend to continue as supply chain disruption spills into 2021.

The backdrop to the Maersk statement is how the supply chain meltdown has reverberated politically in the US and the potential for where it could lead next.

Technology provider Turvo has attempted to redefine what a transportation management system is since it emerged in 2017, and now it’s targeting big shippers and logistics providers dealing with multiple systems.

Airlines are beginning to extend the validity of rates offered on some major trades after cutting price and space guarantees to one week or even less when passenger fleets were first grounded at the end of the first quarter of 2020.

The as-yet-unfulfilled promise of expedited cargo clearance for shippers under US Customs and Border Protection (CBP) trade facilitation programs may soon come at a cost of compulsory self-regulation

Carriers say they are addressing supply chain problems over which they have control in order to relieve congestion at major load center ports.

Breakbulk and project logistics providers are adapting to a market in which the COVID-19 pandemic has accelerated a shift away from traditional oil and gas projects and toward more carbon-neutral energy sources and related industries.

“K” Line said favorable market conditions in the liner shipping business operated by Ocean Network Express has significantly exceeded assumptions made in its previous forecast in November

Although the COVID-19 pandemic completely upended prior expectations for 2020, it also accelerated existing trends that every shipper, carrier, and third-party logistics provider should be watching in 2021.

A logistics technology provider for US importers is taking a counterintuitive approach to driving adoption of software by making its system function similarly to Microsoft Excel while gradually driving customized modernization in the background.

Congestion issues in Los Angeles and Long Beach have been so severe during the past six months that the US Federal Maritime Commission has opened a formal investigation into carrier practices the commission believes are contributing to the problems.

A surprisingly strong rebound in the US economy through November bodes well for the headhaul trade between Europe and North America in 2021.

Carriers and forwarders have little visibility beyond February, but they believe the strong demand will continue in the Asia–Europe trade at least up until Chinese New Year.

After battling a huge surge in container traffic and labor shortages in rail yards, drayage, and receiver docks during the second half of 2020, US chassis providers are expanding their fleets.

Drayage capacity in Miami is tight due to an unusual late-year surge in fruits and vegetables, cigars, and casual wear, causing truckers to be booked up seven to 14 days in advance.

Unprecedented trans-Pacific volumes and steadily growing exports of petrochemicals, agricultural products, and resins have prompted members of THE Alliance to launch a new direct service between Asia and the US Gulf.

Because asset owners can’t economically invest in excess capacity for volumes that may never materialize, the risk of supply chain disruption caused by external shocks, especially surprise surges in demand, likely will never go away.

Hapag-Lloyd’s order for LNG-powered vessels comes as carriers and shippers are placing greater emphasis on decarbonization measures.

Carriers believe new Indian rail incentives, coupled with the recent lifting of a 14-day quarantine for incoming Chinese vessels, will have a positive impact on inventory flow.

With import volumes exceptionally high for this time of year, terminal operators in Los Angeles-Long Beach are bracing for a labor shortage as workers take time off during the holidays.

In addition to higher contract rates, container lines can expect increased regulatory scrutiny in 2021, especially if the trajectory of carrier profitability and services widens further.

Approval of the Water Resources Development Act this year includes authorization to begin spending down the more than $9 billion balance in the Harbor Maintenance Trust Fund.

The integration between AscendTMS’s widely-used transportation management software with predictive pricing and historical benchmark trucking data from DAT Solutions is a signal that users of such systems want more value piped directly into the platforms on which they rely.

Despite an all-time record in container throughput last month in Norfolk, the Port of Virginia has maintained fluidity through terminals and ensured equipment is available to truckers.

US ports are preparing for a possible worsening of terminal and landside congestion issues that could arise as increasingly larger vessels call at the gateways.

AIT Worldwide Logistics expands its e-commerce capabilities and geographical footprint through the acquisition of Fiege Freight Forwarding.

Visibility provider project44 has raised $100 million in its latest funding round to build out its multimodal platform while hinting it may seek to go public in the next two years.

US-based project forwarders say they’re struggling to secure capacity as rebound demand and multipurpose and heavy-lift capacity is tapped by container lines in reaction to even stronger container demand.

Lifting the COVID-19 quarantine comes after industry stakeholders voiced concerns that the mandate was causing widespread sailing disruptions, combined with a knock-on effect on inventory flow.