Name: The logistical advantages of asset ownership
Uploaded: Apr 13, 2023, 1:30 PM EDT

With more attention on the final mile of logistics, the focus on companies that handle goods to their final destination has never been greater. Anthony Berritto, president of SalSon Logistics, talks about how the transportation business has changed in recent years, the challenges of bringing sustainability to logistics, and how investing in its own equipment gives the company a distinct business edge. TPM23, Long Beach, California Sponsored by SalSon Logistics

<div class="phx-topic abstract-wrapper"><p>The trans-Pacific air cargo sector is trying to assess the demand implications of the preliminary trade deal between Washington and Beijing, which included a reduction in the tariff on parcels from China. </p></div>

The trans-Pacific air cargo sector is trying to assess the demand implications of the preliminary trade deal between Washington and Beijing, which included a reduction in the tariff on parcels from China.

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Freighter exodus leaves trans-Pacific air cargo on edge after China-US trade deal

<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.

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>Carriers may find it difficult to bring trans-Pacific capacity back quickly because they repositioned ships into other trades outside of the region amid the tariff-linked demand drop in April and early May. </p></div>

Carriers may find it difficult to bring trans-Pacific capacity back quickly because they repositioned ships into other trades outside of the region amid the tariff-linked demand drop in April and early May.

Trans-Pacific services set for restart as carriers scramble to restore capacity

<div class="phx-topic abstract-wrapper"><p>Matt Schrap, who has headed the HTA for the past four years, told the <i>Journal of Commerce</i> he is transitioning to another job but will remain with the group through late August.</p></div>

Matt Schrap, who has headed the HTA for the past four years, told the Journal of Commerce he is transitioning to another job but will remain with the group through late August.

HTA seeks new CEO amid multiple challenges for West Coast drayage operators

<div class="phx-topic abstract-wrapper"><p>A calendar quirk is causing consternation for importers of non-Chinese goods with long lead times who believed they had avoided the first salvo of US tariffs by loading their cargo before the prescribed “load-by” date and are now facing unexpected costs.</p></div>

A calendar quirk is causing consternation for importers of non-Chinese goods with long lead times who believed they had avoided the first salvo of US tariffs by loading their cargo before the prescribed “load-by” date and are now facing unexpected costs.

Scheduling linked to 10% tariffs causing confusion, angst for US importers

<div class="phx-topic abstract-wrapper"><p>Hapag-Lloyd is betting it can extract economic value for itself through smart containers in the form of improved fleet utilization, thereby de-risking the uptake — or lack thereof — from customers.</p></div>

Hapag-Lloyd is betting it can extract economic value for itself through smart containers in the form of improved fleet utilization, thereby de-risking the uptake — or lack thereof — from customers.

Carriers forge new paths in ongoing quest to monetize visibility investments

<div class="phx-topic abstract-wrapper"><p>The 15,000-square-foot, 37-dock-door facility is the latest example of how LTL carriers are expanding into drayage, container handling and global supply chains. </p></div>

The 15,000-square-foot, 37-dock-door facility is the latest example of how LTL carriers are expanding into drayage, container handling and global supply chains.

LTL trucker Pitt Ohio opens marine terminal near Norfolk port

<div class="phx-topic abstract-wrapper"><p>The move to ensure commercial drivers comply with US law requiring English-language proficiency will have ramifications for shippers, carriers and drivers. </p></div>

The move to ensure commercial drivers comply with US law requiring English-language proficiency will have ramifications for shippers, carriers and drivers.

US DOT initiates crackdown on non-English-speaking truckers

<div class="phx-topic abstract-wrapper"><p>Strained relationships between London and Brussels have plagued trade negotiations over the past five years around complex issues including tariffs, regulations, fishing rights and the movement of people.</p></div>

Strained relationships between London and Brussels have plagued trade negotiations over the past five years around complex issues including tariffs, regulations, fishing rights and the movement of people.

UK-EU trade deal designed to ease Brexit-driven border frictions

<div class="phx-topic abstract-wrapper"><p>Under their current configuration, the newest round of tariffs targeting China’s maritime industry will add $7 billion in costs for US ports, according to one estimate. </p></div>

Under their current configuration, the newest round of tariffs targeting China’s maritime industry will add $7 billion in costs for US ports, according to one estimate.

Ports look to delay proposed US tariffs on Chinese-made cranes

<div class="phx-topic abstract-wrapper"><p>The Zim Central China Xpress will restart next week, little more than a month after Zim announced its suspension as part of the carrier’s broader 30% to 35% trim in its trans-Pacific network.</p></div>

The Zim Central China Xpress will restart next week, little more than a month after Zim announced its suspension as part of the carrier’s broader 30% to 35% trim in its trans-Pacific network.

Zim restarts China-Los Angeles service to capture fresh import demand

<div class="phx-topic abstract-wrapper"><p>The US price index for LTL trucking, bolstered by new contracts, is as high as it’s ever been, but the truckload sector is stuck in a two-year trough. </p></div>

The US price index for LTL trucking, bolstered by new contracts, is as high as it’s ever been, but the truckload sector is stuck in a two-year trough.

US LTL pricing maintains record high as truckload slumps

<div class="phx-topic abstract-wrapper"><p>Gautam Prem Jain, CEO of GoComet, talks about starting the business to meet visibility needs, what sets it apart from competitors and how control towers benefit shipping execution. </p></div>

Gautam Prem Jain, CEO of GoComet, talks about starting the business to meet visibility needs, what sets it apart from competitors and how control towers benefit shipping execution.

<div class="phx-topic"><p>In an era where customers can track Amazon deliveries and Uber drivers, much of the logistics industry still relies on emails and phone calls to alert customers of visibility. Gautam Prem Jain, CEO of GoComet, talks about starting GoComet to meet visibility needs, what sets it apart from competitors and how control towers benefit shipping execution. </p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by GoComet</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6373072184112"></dynamic-object></div></div>

In an era where customers can track Amazon deliveries and Uber drivers, much of the logistics industry still relies on emails and phone calls to alert customers of visibility. Gautam Prem Jain, CEO of GoComet, talks about starting GoComet to meet visibility needs, what sets it apart from competitors and how control towers benefit shipping execution. TPM25, Long Beach, California Sponsored by GoComet

Modernizing logistics

<div class="phx-topic abstract-wrapper"><p>Mark Szakonyi, Executive Editor, Journal of Commerce by S&amp;P Global, discusses tonnage and taxes for Chinese vessels.</p></div>

Mark Szakonyi, Executive Editor, Journal of Commerce by S&P Global, discusses tonnage and taxes for Chinese vessels.

<div class="phx-topic"><p>The Biden administration's intensified scrutiny of Chinese shipbuilding subsidies has led to significant tariff implications for major players like Costco and OTL, who dominate U.S. imports from Asia. As these carriers face escalating tonnage taxes through 2028, they may need to adjust their operations to mitigate higher costs and reduce their reliance on Chinese-built vessels.</p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372796699112"></dynamic-object></div></div>

The Biden administration's intensified scrutiny of Chinese shipbuilding subsidies has led to significant tariff implications for major players like Costco and OTL, who dominate U.S. imports from Asia. As these carriers face escalating tonnage taxes through 2028, they may need to adjust their operations to mitigate higher costs and reduce their reliance on Chinese-built vessels.

Increased scrutiny on Chinese shipping carriers

<div class="phx-topic abstract-wrapper"><p>Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.</p></div>

Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.

<div class="phx-topic"><p>Seeing a need in the market, Yusen Logistics created a fourth business pillar with the launch of its supply chain solutions group in 2020. Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Yusen Logistics</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372904159112"></dynamic-object></div></div>

Seeing a need in the market, Yusen Logistics created a fourth business pillar with the launch of its supply chain solutions group in 2020. Irene Tung, head of Yusen Logistics’ supply chain solutions group, expands on its customers’ growing need for solutions in logistics and sustainability. TPM25, Long Beach, California Sponsored by Yusen Logistics

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<div class="phx-topic abstract-wrapper"><p>Anthony Berritto, president of SalSon Logistics, talks about how the transportation business has changed in recent years, the challenges of bringing sustainability to logistics, and how investing in its own equipment gives the company a distinct business edge.</p></div>

Anthony Berritto, president of SalSon Logistics, talks about how the transportation business has changed in recent years, the challenges of bringing sustainability to logistics, and how investing in its own equipment gives the company a distinct business edge.

<div class="phx-topic"><p>With more attention on the final mile of logistics, the focus on companies that handle goods to their final destination has never been greater. Anthony Berritto, president of SalSon Logistics, talks about how the transportation business has changed in recent years, the challenges of bringing sustainability to logistics, and how investing in its own equipment gives the company a distinct business edge. </p><p><i>TPM23, Long Beach, California</i></p><p><b>Sponsored by SalSon Logistics</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6324967928112"></dynamic-object></div></div>

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