News

19.06.2020

Backhaul Europe-Asia spot rates hit three-year high

Spot rates have held up strongly on the Asia-Europe trade in both directions despite weak volume, with the backhaul prices performing especially well. Photo credit: Shutterstock.com. […]
18.06.2020

PPP loans could preserve US trucking capacity

Payroll protection loans remain available through June 30, with billions of dollars still unclaimed. Photo credit: Shutterstock.com. This summer will be a trial for tens of […]
18.06.2020

Refrigerated rail holds plentiful prospects, but challenges remain

KLLM Transport Services added 610 domestic intermodal refrigerated containers to its fleet this month. Photo credit: KLLM. The transportation of refrigerated perishables via rail is a […]
18.06.2020

JOC Uncharted: Container shipping needs to learn retail data lessons

Providers and consumers of ocean freight capacity should figure out how to better share data to ensure demand and supply are kept in harmony, says the […]
18.06.2020

Air freight rates in steep dive off record May highs

Cathay Pacific planes parked at Hong Kong International Airport. The carrier will operate just 3.5 percent of its 152-aircraft capacity in June, and 9.4 percent in […]
18.06.2020

Ro-ro ports, carriers wait on consumer confidence rebound

Newly delivered Volkswagens marshaled at the Port of Jacksonville. Photo credit: Jaxport Cold layups, blank sailings, ballast legs, and falling profit margins characterized the first half […]
18.06.2020

Shippers need better notice of LA-LB port operation changes: FMC

FMC innovation team urges operational improvements in Southern California before the onset of the peak season. Photo credit: Shutterstock.com Federal Maritime Commissioner Rebecca Dye on Wednesday […]
17.06.2020

Maersk seeing better-than-expected Q2 volumes

“We have been able to navigate well in a very difficult second quarter, adjusting capacity to demand to maintain high utilization of our network and managing […]
17.06.2020

JOC Uncharted: State aid not upsetting carrier competitiveness: analyst

CMA CGM will receive a $1.14 billion state-guaranteed loan that will free up cash for the debt-strapped carrier. Photo credit: Shutterstock.com. The fact that carriers are […]
17.06.2020

US small trucking companies need federal support: Transfix

Small US trucking companies deserve comprehensive support to continue safely and effectively doing their jobs, according to Transfix CEO Lily Shen. Photo credit: Shutterstock.com. Small over-the-road […]