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The way container shipping contracts are structured between shippers and carriers has left both parties with greater exposure to the highly disrupted market.

Backups at US ports will diminish gradually over several months only as COVID-19 vaccines are distributed and infection rates slow, IHS Markit’s chief economist told JOC’s virtual TPM21.

US consumer spending drove unexpectedly strong demand for trans-Pacific container shipping in 2020, with experts at TPM21 saying the strength will likely last well into this year.

The Port of Virginia will now set a hard date to accept export containers for each vessel, providing relief to BCOs dealing with frequently changing exporter receiving dates due to vessel delays.

Descartes has acquired foreign trade zone software specialist QuestaWeb as the global trade management solutions market continues to consolidate.

There has been no slowdown in demand for Asian cargoes from European importers, and the strong volume is keeping rates at extremely elevated levels.

A panelist at JOC’s virtual TPM21 suggested that tasks traditionally offshored to save money, such as invoicing, invoice management, and documentation, could be automated for additional savings.

Virginia’s shippers provide the port with information on their warehousing strategies that the port can use to allocate equipment and other resources, and at least 10 other shippers are slated to tap Virginia’s data feeds

India transshipment gains are noteworthy for a region sporting excess port capacity, but there is little relief for cargo owners getting bombarded with an unrelenting wave of carrier general rate increases

Grimaldi and United European Car Carriers are pursuing lower emissions vessels, and Wallenius Wilhelmsen is taking three more ships out cold layup to serve a rebounding vehicle cargo market

Container freight rates from Asia to South America have come down from record highs but are unlikely to fall any further due to sustained demand that has crimped capacity and container supply.

One TPM21 panel speaker said it is rare that he comes across companies with good data quality even though he considers that a basic necessity, particularly when it comes to negotiating with carriers

With no material improvement in heavily constrained air cargo capacity expected anytime soon, forwarders have been aggressively expanding their access to space

Online ocean freight quotes became a lifeline for forwarders during COVID-19, yet also highlighted risks of uncertain capacity and volatile rates

A significant drop in vessel schedule reliability in the eastbound trans-Pacific in January sends an ominous warning to ports about continued congestion in their international supply chains.

With the deployment of LNG-powered ships in the trans-Pacific trade, CMA CGM is banking on North American shippers taking greater interest in the carbon output of their supply chains in the coming years.

Turbine components, including 216-foot-long wind blades, crossed Vancouver USA’s docks last year bound for a regional high, wide, and heavy transport corridor to Canada.

COVID-related dock bans on truck drivers and greater use of digital receipts are leading to more clashes over short or damaged shipments, according to speakers at a T&LC webinar.

Long-term contract rates signed by shippers on key shipping corridors out of China continued to increase through February, driven by strong demand and high spot rates.

The head of CMA CGM said given the historically low rates prior to the pandemic, container shipping had to increase overall price levels going forward, but dismal service levels also have to improve.

Europe’s third-largest port could not convert a solid rebound in second half volume into full-year growth in container throughput.

Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in 2020

The case for container lines to invest in sensor hardware to provide visibility to shippers has been made easier by a profitable 2020 and a greater need to track scarce container assets.

FloorFound partners with a network of transportation and logistics providers to handle the return — or resale — of oversized e-commerce goods such as furniture and appliances.

Truckload carrier Werner Enterprises is expanding its Edge technology platform to brokerage partners and shippers, tightening its focus on landside logistics after offloading its ocean and air forwarding unit.

Pacific Northwest ports are contending with late vessel arrivals and increased container dwell times due to weather events and strong Asian import volumes.

SSA Marine will provide $50.9 million on top of a $20 million federal grant to expand the capacity of its Blount Island Terminal at the Port of Jacksonville.

CMA CGM Air Cargo’s two Airbus freighters will take to the skies in March, adding capacity to a severely constrained trans-Atlantic market.

ReverseLogix’s cloud-based automation platform can help reduce the cost of merchandise returns by as much as 15 percent, according to founder and CEO Guarav Saran.

US seafood exporters are among the hardest hit by stricter COVID-19 testing requirements in China that some shippers have decried as non-tariff trade barriers.

A Danish project to produce carbon-neutral ammonia fuel at scale has been backed by market leaders in the shipping and agriculture sectors.

The seasonal drop in demand is likely behind a steep fall in air freight rates out of China, but limited capacity will keep prices above pre-pandemic levels traditionally seen in the first half of the year.

High and heavy shipper John Deere's earnings spiked 137 percent year over year in the first quarter of the company’s fiscal 2021 as strong crop prices and post-pandemic inventory restocking boosted sales.

Less-than-truckload carrier Yellow is opening 12 driver training schools as operators across the US trucking industry are struggling to find enough experienced drivers to satisfy growing industrial and retail freight demand.

A global scarcity of containers could push cargo owners to invest in so-called shipper-owned containers, but the majority of forwarders surveyed by container selling and leasing platform Container xChange weren’t able to supply such a service.

Financial services group ODDO has invested in shipment management software provider BuyCo as part of a broader aim to tether logistics data to new trade finance products intended to provide an alternative to letters of credit.

Kuehne + Nagel has made its biggest ever takeover deal in an agreement to acquire Chinese forwarder Apex and capitalize on explosive growth in the Asia Pacific e-commerce market.

Entering annual trans-Pacific contract talks, carriers — in a position of negotiating strength after months of sustained demand growth — are signaling they will push for less free time and resist expanding volume commitments without significant rate increases.

The Maersk Eindhoven on Friday was proceeding to an Asian port for repairs after losing 260 containers overboard in heavy seas.

The pandemic-disrupted 2020 was a year of two halves for Europe’s hub ports such as Rotterdam, where demand fell sharply in the first six months before rebounding strongly over the rest of the year.