30.07.2021

Shippers face growing delays as Vietnam mulls extending virus lockdown

Vietnamese authorities are considering whether to extend the current lockdown beyond August 1 amid continued high levels of COVID-19 infections. Photo credit: Shutterstock.com. Container lines and […]
30.07.2021

Matson’s Q2 earnings surge on demand for China-US services

Matson said the current level of exceptionally high trans-Pacific demand will continue through the next Lunar New Year. Photo credit: Shutterstock.com. US-flagged ocean carrier Matson said […]
30.07.2021

Hapag-Lloyd kicks off carrier earnings season with solid H1 result

Hapag-Lloyd predicts the market momentum behind its positive first half will continue through the end of the year. Photo credit: Shutterstock.com. Hapag-Lloyd expects its 2021 operating […]
30.07.2021

LA-Chicago truck rates soar amid intermodal delays

Outbound truckload spot rates from Southern California are rising above national averages as intermodal delays, port congestion generate more truck demand. Photo credit: Shutterstock.com. A massive […]
30.07.2021

Robust earnings spur Geodis acquisition spree

A Shanghai-Guadalajara air charter service was added by Geodis in January to provide a direct air link between China and Mexico. Photo credit: Geodis. Geodis capitalized […]
30.07.2021

ECU targets Nordic region with purchase of consolidator

Nordicon has a 40 percent share of the less-than-container-load market in Sweden, Norway, Finland, and Denmark, and will keep operating under its existing brand. Shutterstock.com. Neutral […]
30.07.2021

JOC Research: Contract rail savings widen, but spot business may flip to truck

Domestic contract rates are delivering record savings to intermodal shippers in 2021, but spot rate increases on rail will cause trucking to be a more attractive […]
29.07.2021

LA-LB terminals sound congestion alarm well ahead of peak season

There were 26 container ships waiting at anchor for berthing space at Los Angeles and Long Beach terminals on Tuesday, up from 21 the day before. […]
29.07.2021

Asia-West Coast container rates hit new high ahead of surcharges

Retailers are projecting year-over-year increases in US imports of 9.4 percent in August and 2.5 percent in September. Port of Shanghai pictured. Photo credit: Shutterstock.com. A […]