News

21.04.2022

Charter carriers see trans-Pac activity ebb to start 2022

US forwarders say charter carriers have provided some cushion during the exceptionally tight ocean shipping market. Photo credit: Shutterstock.com Charter carriers and extra-loader services that debuted […]
20.04.2022

Procurement automation already influencing freight-buying cycles

Technology providers have conducted tests that determine whether people or systems are more adept at procuring freight, but “pride and ego” often get in the way […]
20.04.2022

Asian ports, container lines prep for potential Shanghai fallout

Busan Port Authority said several carriers are diverting reefer and dangerous cargoes to the South Korea gateway from China, especially Shanghai. Photo credit: Shutterstock.com. The impact […]
20.04.2022

US freight market rebalancing: trucking executives

Shippers are affecting truck pricing and capacity by pursuing greater efficiency, trucking executives said during a webinar Tuesday. Photo credit: Shutterstock.com After two years of rocketing […]
20.04.2022

PSA breaks ground on India’s delayed JNPT Phase II terminal project

Each phase of the Bharat Mumbai Container Terminals (BMCT) has been designed with three berths, sporting a 1,000-meter quay able to accommodate 16,000 to 18,000 TEU […]
20.04.2022

Hasbro speeding inventory buildup, imports on disruption threat

Toy and game maker Hasbro is advancing containerized imports by months to avoid disruption and ensure games such as Monopoly are on shelves. Photo credit: Shutterstock.com. […]
19.04.2022

US shippers selling empty containers rather than storing

US ports have made some progress clearing out empties before new import surges that are projected. Photo credit: Shutterstock.com Difficulties in storing empty containers are prompting […]
19.04.2022

US truck rate downturn linked to contract shift: J.B. Hunt

While J.B. Hunt’s intermodal volume rose 7 percent, shippers were slower to load and unload containers compared with a year ago. Photo credit: Shutterstock.com. Domestic intermodal […]
19.04.2022

OOCL’s Q1 revenue hits record $5 billion despite congestion woes

The trans-Pacific remained OOCL’s largest revenue generator, climbing 83 percent to $1.9 billion in the first quarter. Photo credit: Shutterstock.com. Hong Kong carrier Orient Overseas Container […]
19.04.2022

Carriers using digital tools to broaden shipper reach: Freightos

Container lines are almost three times more likely to expose digital rates through their own websites rather than third-party marketplaces as they seek to keep customers […]