News

25.10.2019

NYSA joins effort to dismantle Waterfront Commission in Port NY-NJ

The legal effort by New Jersey’s governor and legislators to enact a new law that would transfer to the state police many of the investigatory and […]
25.10.2019

Trans-Pacific spot rates stabilize ahead of projected import bump

Global Port Tracker projects that containerized imports in November will increase 8.8 percent over November 2018. Photo credit: Shutterstock.com. Spot rates from Asia to the United […]
25.10.2019

Asia-Europe spot rate ends eight-week slide

Carriers appear to have better matched capacity with demand as rates managed to inch upward this week. Photo credit: Shutterstock.com. Spot rates on Asia-North Europe this […]
25.10.2019

US household importers’ pivot to Vietnam strains capacity

Imports of household products from Asia increased just 0.6 percent through August because of US-China trade war. But with China’s dominant role in that sector and […]
25.10.2019

Truckload pricing may rise even in slow-growth 2020

Coyote Logistics predicts rising truckload spot rate will surpass contract rates in 2020, reversing the deflationary pricing trend. Photo credit: Shutterstock.com. CHICAGO — Expect slower growth, but […]
25.10.2019

Protests again disrupt rail service into Lazaro Cardenas

Trains operated by Kansas City Southern of Mexico in the South of Mexico were halted by a civil protest. Photo credit: Shutterstock.com Protestors on Thursday blocked […]
24.10.2019

ODFL earnings slip underscores US LTL ‘softness’

Second-largest US less-than-truckload carrier Old Dominion Freight Line (ODFL) plans to spend $165 million this year on new tractors and trailers. Photo credit: Shutterstock.com. Slow economic […]
24.10.2019

Tax credit termination accelerates US wind development

Consulting firm Wood Mackenzie estimates onshore wind energy projects totaling 22.1 gigawatts of power will be installed in the US over the next two years. Photo […]
24.10.2019

No sign of recovery for slumping air cargo market

There was less cargo to put in Asia-Pacific freighters as tonnage carried by airlines in the region fell almost 6 percent in the first nine months […]
24.10.2019

New space won’t reverse climb in US warehouse rents: report

The national vacancy rate for US industrial real estate fell from 4.9 percent in Q3 2018 to 4.8 percent in Q3 2019, and average asking rents […]