New UP intermodal service from Houston to provide West Coast reach
Union Pacific’s launch of direct intermodal service from Houston comes two weeks after competitor BNSF announced it would begin a new service from the
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Hong Kong struggles to recover volumes lost amid South China cargo shift
Shippers and port executives say the post-COVID shift of cargo back to Hong Kong is being hampered by the global slump in demand as
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Ocean carriers’ schedule reliability rose in April amid falling volumes
The port congestion in Asia and North America that compromised vessel on-time performance during the pandemic began to ease last fall with declining cargo
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Market headwinds push CMA CGM Q1 revenue, profit sharply lower
The carrier's CEO said inflation and destocking in global markets heralded a “phase of normalization” for container shipping.
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CBP rules US chassis manufacturer evaded tariffs on China-sourced parts
The ruling could place an additional burden on US chassis manufacturers to ensure their subcontractors are using US materials or paying duties on parts
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Shippers bemoan lack of progress in ocean visibility despite heavy investment
End-to-end supply chain visibility remains an elusive goal for providers in a market where shippers are expecting better data quality than they have seen.
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Hydrogen-driven barge debuts on Europe’s inland network
The drive to decarbonize European inland transport by switching freight from the road to greener alternatives took a step forward this week.
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‘Super’ slow steaming makes a comeback as surplus capacity builds
Ocean carriers are pulling all available capacity management levers to address a supply-demand imbalance that is set to widen significantly through 2024.
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Shipping icon Bertram Rickmers, 71, succumbs to injuries from fall
Visionary shipping legend Bertram Rickmers created the Pearl String, the only round-the-world breakbulk liner service, which operated from 2003 until the fall of Zeamarine
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Shippers hold onto intermodal boxes amid warehouse reshuffling: survey
As shippers scramble to shed unwanted inventory, more than 80% responding to a Journal of Commerce survey reported that they’ve kept 53-foot domestic containers
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