News

18.02.2022

Feeder rates for South India cargo jump amid Colombo congestion, forex woes

Average feeder fees from Cochin (above) or Tuticorin to Colombo have doubled in recent weeks – hitting $200 per TEU, sources say. Photo credit: DP World […]
18.02.2022

New federal office will continue Porcari’s battle against US port congestion

As part of the $1.2 trillion bipartisan infrastructure bill signed into law in November, a new federal Office of Multimodal Freight Policy will carry on John […]
18.02.2022

LA-LB port flow improving, but expect congestion through H1: terminals

Reducing their inventory of empty containers is the key to recent progress, terminal operators in Los Angeles-Long Beach say. Photo credit: Shutterstock.com. Cargo flow through the […]
17.02.2022

California identifies state land for container storage

California’s governor wants over $2 billion of state investment to make freight more efficient. Photo credit: Shutterstock.com. California has signed a deal with an online warehousing […]
17.02.2022

US refrigerated trucker Hirschbach goes coast to coast with JCT acquisition

Hirschbach has grown from $100 million to $650 million in annual revenue in eight years, with most of that growth organic, CEO Brad Pinchuk said. Photo […]
17.02.2022

K+N, Cainiao ink long-term charters for last B747 freighters

Cainiao will charter one of the last B747-800 freighters to be produced on the trans-Pacific to support rising e-commerce demand. Photo credit: Atlas Air. Atlas Air […]
17.02.2022

European hub congestion causing ‘operational chaos’: Unifeeder

Regional European carriers such as Unifeeder are battling to maintain schedules as port congestion at hub ports delays vessels and disrupts shipments. Photo credit: Shutterstock.com. Longer […]
17.02.2022

Busan expects new terminal to ease congestion, boost transshipment

Busan Container Terminal, the first new terminal in Busan in 10 years, will open its first berth in April. Photo credit: Busan Container Terminal Busan will […]
17.02.2022

FourKites jumps into final-mile, returns space with Narvar partnership

Narvar provides major brands, including Sephora, Patagonia, Lululemon, and Levi’s with products to help manage final-mile delivery, packaging, and returns. Photo credit: Shutterstock.com. Freight visibility provider […]
17.02.2022

White House port envoy Porcari to step down in March

John Porcari has served as President Joe Biden’s chief liaison to US ports – particularly the country’s largest gateway of Los-Angeles-Long Beach – since August amid […]