Peak season surcharges land earlier, and higher, in hot trans-Pacific market
With vessel space from Asia to the US at a premium amid an early peak season, ocean carriers have been largely successful in implementing
+ Read More
Weaker US produce volumes help keep lid on truckload rates
Produce shipments by weight have dropped in 2024, and that’s helped maintain “adequate” truckload capacity in most parts of the US, the Department of
+ Read More
US truckload spot rates rise, but still below year-ago levels
This year’s truckload spot rates are hugging the baseline set in 2023 as the freight recession drags on; a major increase seems unlikely anytime
+ Read More
Reefer shippers face longer booking times, box shortages amid port congestion
Still, insurers said the difficulties have yet to materialize in a noticeable rise in claims for spoiled cold chain or perishable products.
+ Read More
Specter of port strike looming over as-yet unscathed trans-Atlantic trade
Measures to mitigate the impact of a potential labor disruption at US East and Gulf coast ports could cause the trans-Atlantic market to follow
+ Read More
MSC joins NYSHEX to improve tracking of ocean contract performance
The ocean carrier joins rivals Maersk, CMA CGM and Hapag-Lloyd — all investors in NYSHEX — in using the contract management platform.
+ Read More
Signs of container spillover remerging in MPV market
Trade disruption and related congestion, high container rates and tight capacity are pushing shippers to rethink transport modes and make early moves toward revisiting
+ Read More
Port strikes in Germany, France disrupting cargo movement
Summer strikes have begun in Europe with a series of walkouts causing significant disruption across the main German and French container ports.
+ Read More