News

05.05.2020

Trans-Pacific service contract rate levels reflect need for stability

All-inclusive freight rates from Asia are $1,300 to $1,400 per FEU to the West Coast and about $2,300 to $2,400 per FEU to the East Coast. […]
05.05.2020

Automated visibility startup aims to increase efficiency, data accuracy

OpenTrack’s founders spent time at Cargomatic, where they realized that those in freight operations roles struggled with cumbersome ocean tracking solutions. Photo credit: Shutterstock.com. The value […]
05.05.2020

Coronavirus drives tough changes in European trucking

Small and mediium-sized truck operators in Europe have been challenged by the rapid change in their customer base as demand for essential products soared and the […]
05.05.2020

US ports, terminals, stevedores seek federal aid to weather COVID-19

The impact of the coronavirus disease 2019 (COVID-19) is pulling down cargo volumes by double-digit percentage rates, making it difficult for marine terminals to meet lease […]
04.05.2020

Stevedore group to take over Charleston dock operations

A new joint venture of stevedores will take over berth operations in Charleston as larger vessels visit South Carolina more frequently. Photo credit: Shutterstock.com. The South […]
04.05.2020

No stopping sky-high air cargo prices on ex-China routes

Sustained demand for personal protective equipment from coronavirus-hit countries and air cargo space constraints is driving up rates on the major trades. Photo credit: Shutterstock.com. Air […]
04.05.2020

Logistics automation incentives switch from cost-cutting to value addition

Automation is a scary word, never more so in a time when reduced demand for products is inducing cost-cutting at many organizations, but the drivers for […]
04.05.2020

JOC Rankings: US-China trade war accelerates market share losses for West Coast ports

The combined import-export market share of the ports of Los Angeles and Long Beach (pictured) has fallen from 26.5 percent in 2015 to 22.9 percent in […]
01.05.2020

Blankings, imports boost trans-Pacific spot rates

NVOs expect this week’s spike in imports to be followed by declining volumes in May and June. Photo credit: Shutterstock.com. Spot rates in the eastbound trans-Pacific […]
01.05.2020

Container cargo imbalance from COVID-19 deepens

Cargo has been steadily building up in warehouses, port terminals, and inland depots during the lockdowns, according to forwarder association FIATA and insurer TT Club. Photo […]