News

07.04.2022

Upgrade in US imports weighs on congested ports: retailers

US imports from China are expected to rebound after factories in Shanghai that were shut down during the recent COVID-19 outbreak reopen. Photo credit: Shutterstock.com. US […]
07.04.2022

California ports look inland for short-term container storage

California has leased out three sites in Southern California and three sites in Northern California for container storage in order to relieve port congestion. Photo credit: […]
07.04.2022

Cosco expects Q1 net of $4.34 billion amid ongoing ocean disruption

It was another highly profitable quarter for Cosco Shipping Holdings, which continues to thrive in a chaotic container shipping market. Photo credit: Shutterstock.com. Cosco Shipping Holdings […]
07.04.2022

Magaya arms forwarders with automated LTL pricing tool

The automated pricing tool is intended to enable forwarders to aid overseas agents and partner networks to quote inland US transportation legs. Photo credit: Shutterstock.com. Logistics […]
07.04.2022

Asia-ECSA rates crash to 18-month low on falling demand, inflation woes

Freight rates from Shanghai, Ningbo, and Shenzhen to Brazilian cities including Santos (above), Itajaí, and Itapoá are about $5,750 per 40-foot container. Photo credit: Shutterstock.com. Falling […]
07.04.2022

Europe sailing disruptions worsen for India’s East Coast market

Carrier-led block train services have been a lifeline for Indian East Coast shippers seeking alternative shipping options out of West Coast gateways, notably JNPT. Photo credit: […]
06.04.2022

NY-NJ truckers say off-dock empty box returns adding to costs

Motor carriers are quickly raising driver pay and fuel surcharges as the costs of drayage spiral. Photo credit: Shutterstock.com. Motor carriers working the Port of New […]
06.04.2022

Congestion at KCS Dallas ramp causing month-long delays

Norfolk Southern and Kansas City Southern have shut down traffic on a joint service from New Jersey and Pennsylvania into Dallas because of KCS’s terminal disruption. […]
06.04.2022

Truckload pricing tool partners with procurement vendors

Greenscreens.ai pricing data will be available directly to brokers using 3Gtms’ transportation management system to help them better determine sell rates to shippers. Shutterstock.com. Greenscreens.ai, a […]
06.04.2022

Falling China-Europe rail volumes may take years to recover: rail executives

Cargo handling infrastructure shortcomings on the Caspian Sea are delaying container shipments and adding to transit times along the middle corridor between China and Europe. Photo […]