News

29.05.2020

Top US Shippers: Resin exports expected to slide after strong 2019

US exports of plastic resins are expected to fall as much as 9 percent in 2020 after surging 29 percent in 2019. Photo credit: Shutterstock.com. (The […]
29.05.2020

Savannah’s ‘Mega Rail’ project nearly halfway done

A $218 million project to double the intermodal rail yard in Savannah The Georgia Ports Authority has essentially reached the halfway mark in a $218 million […]
28.05.2020

NS on-dock Baltimore yard promises quicker intermodal service

Norfolk Southern Railway moved from an off-site yard into the Port of Baltimore’s on-terminal yard (above) this week. CSX Transportation has used the on-dock yard for […]
28.05.2020

US reopenings spur uptick in spot truck rates

Spot rates picked up in May, especially for refrigerated freight. Photo credit: Shutterstock.com. The slow, staggered reopening of the US economy is rebalancing trucking demand and […]
28.05.2020

Carriers see rise in booking cancellations, no-shows

Carriers are also contributing to supply chain disruptions by blanking dozens of sailings since April. Photo credit: Shutterstock.com. As US retailers cancel purchase orders at Asian […]
28.05.2020

DP World addition bolsters TradeLens appeal

DP World has been furthering its own digital ambitions in recent months, including offering self-service online quoting tools for ocean, land, and air freight. Photo credit: […]
27.05.2020

US Q1 containerized ag exports surge on easing of China tariff war

The diversification of overseas markets has sheltered the US ag sector from declining exports to China the past two years. Photo credit: Shutterstock.com. Total US agricultural […]
27.05.2020

Top US Shippers: China trade war intensifies sourcing shift in household goods

US imports of Chinese-made household goods fell 15.6 percent to 2.46 million TEU in 2019, while volumes from Vietnam jumped 33.6 percent to 681,537 TEU. Photo […]
27.05.2020

New global initiatives maintain drive to decarbonize shipping

An artist’s impression of a «K» Line ship with a Seawing deployed to reduce emissions. Photo credit: «K» Line. Japanese carrier Kawasaki Kisen Kaisha, or “K” […]
27.05.2020

Rate gains boost Zim’s first quarter earnings

Zim earnings in the first quarter were lifted by an increase in average freight rates. Photo credit: Shutterstock.com. An increase in the average freight rate per […]