News

09.02.2022

Slower import growth still no relief for congested US ports: retailers

Projecting import volumes is difficult because containers sitting on vessels at congested ports one month may not be counted until the following month, US retailers say. […]
09.02.2022

Charleston projects mid-March to clear anchored vessels

The Port of Charleston saw vessel backups after Thanksgiving, but the current number of anchored vessels is double that total. Photo credit: Dillon McDonald/South Carolina Ports […]
09.02.2022

Maersk extends door-to-door reach with Pilot acquisition

Pilot expanded its home delivery services last year through the acquisition of DSI Logistics. Photo credit: Pilot Freight Services. Maersk is responding to shipper need for […]
09.02.2022

Truckload capacity software vendor Parade lands funding round

Parade’s software is designed to sit on top of a broker’s existing tools, such as a transportation management system, and automate capacity management tasks. Photo credit: […]
09.02.2022

Forwarders cut as cash-rich Maersk grows long-term contract business

The bull run of Maersk will continue at least through the first half, with any normalization of the ocean shipping markets unlikely until the second half, […]
09.02.2022

Leaf Logistics turns load coordination into cash injection

Leaf works with more than 400 shippers and 550 carriers, and has found traction helping coordinate complementary loads that enable carriers to fill empty backhaul legs. […]
09.02.2022

Transload demand pulling US LTL carriers closer to ports

Estes is building new terminals near the port of Savannah, Georgia, and elsewhere that will handle container deconsolidation. Photo credit: Estes Express Lines. US importers searching […]
09.02.2022

Fewer port calls, higher rates squeeze North Asia exporters

Container freight rates from Japanese ports such as Yokohama (above) to the US West Coast are currently about $14,000 per FEU, according to Xeneta. Photo credit: […]
08.02.2022

ILWU caucus will hammer out union’s contract strategy

Work slowdowns this summer, similar to what occurred during 2014-15 contract negotiations, would be devastating for already congested West Coast ports. Photo credit: Shutterstock.com. Delegates from […]
08.02.2022

Container tracking provider Traxens funnels investment into acquisition

Traxens plans to intensify sales efforts in the US, South America, and Asia and build new relationships with container lessors, insurance companies, and transportation management systems […]