‘Precipitous’ fall in ocean spot market near bottom: Zim CFO
Restocking by US retailers will spur demand on the trans-Pacific and arrest the steep drop in freight rates in the second half of the
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OCEMA appeals chassis ruling to FMC commissioners
The Ocean Carrier Equipment Management Association says the FMC’s chief administrative judge erred in issuing a summary judgement against the group because key facts
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Drayage tech provider PortPro targeting shippers with new tracking tools
Drayage software vendor PortPro is attempting to narrow the gap between the tools that port truckers and their shipper customers use with a new
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Multipurpose vessel rates may be at post-COVID bottom: Toepfer
The MPV sector’s market correction appears to have bottomed at rates still healthy for owners and carriers, even as the sector feels pressure from
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Shippers unite in push for carriers to scale up use of zero-carbon fuel
Shippers are keeping pressure on carriers to decarbonize their operations with the launch of another US-led initiative to speed up container shipping’s transition to
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Carriers not reliable enough to warrant cut in inventory levels: BASF
Shippers in Europe are stuck with excess inventory at a time of slowing demand, in part because their lack of confidence in the on-time
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New NS Norfolk-Memphis service aims to grab East Coast cargo shift
Norfolk Southern and the Port of Virginia are not only targeting importers using trans-Atlantic services from Europe and Asia, but also exporters moving goods
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Carriers face choppy first half ahead of more positive H2: Yang Ming
Yang Ming echoed the warnings of its competitors, saying consumer spending power has fallen since the fourth quarter of last year because of inflation,
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Shippers committed to digital investments in logistics: S&P Global
Shippers are showing “healthy adoption” of a wide variety of digital transformation projects, according to new research from S&P Global Market Intelligence.
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US imports to begin recovery, but remain well below 2022: retailers
Retailers say their main concern right now is to avoid over-ordering product from factories in Asia until they get a better handle on consumer
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