Freight: Page 11
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How shippers can nurture better ocean carrier relationships
Assessing past behaviors and having face-to-face meetings can help solidify deals, an executive from Cummins said at TPM24.
By Alejandra Carranza • March 11, 2024 -
Deep Dive
Shippers should lock in trucking rates soon: experts
Carrier executives are beginning to show optimism for a rate recovery, which could mean rising costs for customers.
By Larry Avila • March 7, 2024 -
TPM24
Ocean Network Express teases network changes for 2025
The shipping line’s CEO said he expects the maritime industry to settle for four alliances instead of three moving forward.
By Alejandra Carranza • March 6, 2024 -
Port of Virginia to welcome additional larger ships
The East Coast port widened its shipping channel, which is set to reduce port stays for container vessels by up to 15%.
By Alejandra Carranza • March 6, 2024 -
TPM24
Gemini Cooperation unlikely to expand: Hapag-Lloyd CEO
The alliance-like structure with Maersk will include some unique arrangements, but two carriers should be sufficient, the shipping executive said.
By Alejandra Carranza • March 5, 2024 -
CMA CGM to resume Red Sea transit on case-by-case basis
The ocean carrier said it will assess each vessel before transit to make a final decision and can't provide shippers with anticipated routing choices.
By Alejandra Carranza • Feb. 29, 2024 -
Port of Long Beach cargo volumes rise 18% YoY in January
Retailers rushed to fill warehouses ahead of the slowdown that occurs during the Lunar New Year holiday, the port’s CEO Mario Cordero said.
By Alejandra Carranza • Feb. 28, 2024 -
Retrieved from OOCL on February 27, 2024
Ocean Alliance extended for 5 additional years
The operational agreement between CMA CGM, COSCO, OOCL and Evergreen has been extended until 2032.
By Alejandra Carranza • Feb. 27, 2024 -
FMC releases final rule on detention and demurrage
The billing practices from the agency establish which parties can receive an invoice and sets a timeframe for issued invoices and disputes.
By Alejandra Carranza • Feb. 23, 2024 -
Flexport relaunches Convoy’s load board
Users began logging back into the platform shortly after the app reactivated, EVP and Head of Trucking Bill Driegert said.
By Larry Avila • Feb. 23, 2024 -
Ryder System sets sights on growing cross-border business
A new warehouse in Laredo, Texas, and an expanded drayage yard in Nuevo Laredo, Mexico, give the carrier additional capacity to handle more freight.
By Larry Avila • Feb. 21, 2024 -
Under Armour inventory ticks closer to normal as freight, supply costs fall
The sportswear brand — finally — posted a decline in stock levels while executives said it has worked with vendors to lower product costs.
By Ben Unglesbee • Feb. 20, 2024 -
Retrieved from Ocean Network Express on February 15, 2024
ONE, Wan Hai Lines launch revamped Asia-US West Coast service
The AP1 service is set to start in late spring as import volumes on the popular trade route continue to grow.
By Alejandra Carranza • Feb. 16, 2024 -
Cargo diversions to West Coast have started, LA port director confirms
Lunar New Year and a strong U.S. economy also contributed to a rise in cargo volumes in January, Gene Seroka said.
By Alejandra Carranza • Feb. 16, 2024 -
CPKC, Bison Transport ink intermodal services agreement
The deal is among several partnerships between segment players to capitalize on growing cross-border shipping traffic.
By Larry Avila • Feb. 15, 2024 -
Retail and apparel groups call for secure travel on the Red Sea
The trade organizations cited rising rates, delays and at least $80 billion in cargo that has been diverted around the region amid attacks.
By Ben Unglesbee • Feb. 14, 2024 -
Primark expands US footprint with Florida distribution center
The fashion retailer is importing cargo through the Jacksonville Port Authority.
By Alejandra Carranza • Feb. 13, 2024 -
ArcBest debuts line of automated forklifts, reach trucks
The company has piloted the remotely operated equipment in customers' distribution centers and manufacturing facilities, CEO Judy McReynolds said in an interview.
By Colin Campbell • Feb. 13, 2024 -
Georgia Ports see container volumes dip, autos rise in December
Savannah’s port processed 422,287 total TEUs while the Port of Brunswick had a record year for auto units.
By Alejandra Carranza • Feb. 12, 2024 -
FMC urged to evaluate surcharges amid Red Sea crisis
During a hearing last week, shipper groups also asked the federal agency to consider taking action before congestion and potential equipment challenges unfold.
By Alejandra Carranza • Feb. 9, 2024 -
Port of New York and New Jersey cargo volumes rise 3% YoY in December
The East Coast ports processed 633,925 total TEUs and were the second-busiest in the nation for loaded containers.
By Alejandra Carranza • Feb. 9, 2024 -
Red Sea disruptions may drive port congestion, inflation
Risks to the U.S. economy grow as the crisis prolongs, experts told a House committee.
By Alejandra Carranza • Feb. 2, 2024 -
Retrieved from Port Houston on September 20, 2023
Port Houston cargo volumes rise 11% YoY in December
The port processed its highest December on record for loaded exports.
By Alejandra Carranza • Feb. 2, 2024 -
Port of Virginia cargo volumes dip 2% in December
Containers have now declined for nearly a year at the port, though volumes remain significantly higher than 2019.
By Alejandra Carranza • Feb. 1, 2024 -
Railroads target safety, service improvements to lure shippers in 2024
Boosting network efficiency is a key step in convincing shippers to shift their freight to intermodal, rail executives said.
By Larry Avila • Jan. 31, 2024