News

18.05.2020

UK keeps ferry cargo shipping with COVID-19 subsidy

Struggling UK ferry companies will receive a multi-million dollar subsidy lifeline to ensure essential cargo corridors are kept open. Photo credit: Shutterstock The UK government will […]
18.05.2020

Shippers seek stability ahead of patchwork COVID-19 recovery

With global economic growth screeching to a halt as unemployment surges, shippers will have to throw out the playbook to rebuild supply chains in a world […]
16.05.2020

US spot truck rates rise slowly amid COVID-19 restart

Returning freight activity to ‘normal’ pre-pandemic levels may take a year, an FTR analyst warns. Photo credit: Shutterstock.com. Truckload demand is inching up as the United […]
16.05.2020

US accelerates import sourcing shift away from China

The main beneficiary of China’s loss of market share of US imports from Asia has been Vietnam. Photo credit: Shutterstock.com. The drop in US imports from […]
15.05.2020

BBC’s Ulrichs navigates pandemic-altered MPV/HL market

The BBC Fuji loading a 420 mt-tugboat at Halong Bay, Vietnam. Credit: BBC Chartering The consequences of the COVID-19 pandemic «will be with us for the […]
15.05.2020

HMM, Yang Ming report first quarter losses

It was a loss-making start to 2020 for Yang Ming, and revenue will remain under pressure through a difficult second quarter. Photo credit: Shutterstock Asian carriers […]
15.05.2020

Hapag-Lloyd expects double-digit Q2 volume decline

Hapag-Lloyd saw its year get off to a good start, but the solid performance will quickly fall off through the second quarter. Photo credit: Shutterstock Hapag-Lloyd […]
15.05.2020

HOS changes to benefit drayage, short-haul truckers

The short-haul exemption to truck driver logging and work rules has been extended to operations within a 150-mile radius, creating opportunities for some carriers. Photo credit: […]
15.05.2020

HOS reform gives truckers time, shippers capacity

New work rules give truckers more control over off-duty time and breaks. Photo credit: Shutterstock.com A final truck driver hours-of-service (HOS) rule released Thursday will give […]
14.05.2020

Fixed-payment leases help ports weather COVID-19 crisis: Moody’s

The fixed-payment leases ports have with their tenants could financially stress terminal operators and carriers if the current economic downturn is prolonged. Photo credit: Shutterstock.com. Most […]