Freight: Page 14
-
In Panama Canal droughts, CPKC sees intermodal opportunity
As extreme conditions limit shipments through the waterway, the Panama Canal Railway is a viable alternative to keep containers moving, CPKC President and CEO Keith Creel said.
By Larry Avila • Jan. 24, 2024 -
Retrieved from Port Everglades on October 02, 2023
Port Everglades cargo volumes rise 3% YoY in November
The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.
By Alejandra Carranza • Jan. 23, 2024 -
Red Sea crisis leaves some retailers more exposed than others
Hardline retailers such as Wayfair, Best Buy, Beyond Inc. and RH could be most affected, according a Jefferies analysis.
By Ben Unglesbee • Jan. 18, 2024 -
Maersk, Hapag-Lloyd to form operating partnership after 2M alliance ends
The agreement between the two shipping giants will start February 2025 and has a target of 90% schedule reliability.
By Alejandra Carranza • Jan. 17, 2024 -
Retrieved from Port Houston on September 20, 2023
Port Houston cargo volumes dip 15% YoY in November
Despite the drop, total containers processed increased significantly from pre-pandemic levels.
By Alejandra Carranza • Jan. 16, 2024 -
Ocean freight rates surge further as Red Sea crisis develops
Shipping experts warn that additional rate increases, capacity shortages and delays are on the way.
By Alejandra Carranza • Jan. 16, 2024 -
Retrieved from Dole on January 11, 2024
Dole expands shipping services for tropical fruits
Produce companies have bolstered their logistics offerings after pandemic-related supply chain issues presented new and lucrative opportunities.
By Sarah Zimmerman • Jan. 12, 2024 -
Extreme weather is 2024’s top supply chain risk: Everstream
Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.
By Ben Unglesbee • Jan. 11, 2024 -
Port of New York and New Jersey cargo volumes fell 11% YoY in November
The East Coast port processed 644,439 total TEUs for the month, down 13% compared to October.
By Alejandra Carranza • Jan. 11, 2024 -
Holiday demand boosts December air cargo rates
Despite the busier month, Xeneta’s Clive Data Services 2024 outlook remains unchanged with an anticipated 1% to 2% increase in demand.
By Kelly Stroh • Jan. 11, 2024 -
Deep Dive
Shortages 2024: What supplies are still at risk after years of disruption?
Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.
By Ben Unglesbee • Jan. 10, 2024 -
Red Sea attacks: Ocean shipping rates jump more than 50% in key lanes
Rates from Asia to the U.S. East Coast reached $3,900 per FEU in the past week, with additional surcharges to start this month, according to Freightos.
By Kelly Stroh • Jan. 5, 2024 -
Deep Dive
Suez Canal at risk: What shippers should know to mitigate disruption
Using alternative routes like the Cape of Good Hope can mean longer transit times and higher freight costs. Here’s what shipping experts had to say.
By Alejandra Carranza • Dec. 22, 2023 -
Port of Oakland cargo volumes fell 10% YoY in November
Despite the decline, loaded import containers processed at the port rose 4% to 71,258 TEUs.
By Alejandra Carranza • Dec. 22, 2023 -
FedEx redesigns air network to boost speed, profits
The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.
By Kelly Stroh • Dec. 22, 2023 -
Provided by Union Pacific
Shippers consider alternatives after rail border closures
Bridge closures at Eagle Pass and El Paso, Texas, are leading to longer wait times. Brokers shared some of their tips for mitigating disruption.
By Larry Avila • Dec. 20, 2023 -
Port of Long Beach cargo volumes rise 24% YoY in November
The port is recapturing market share as online sales rise and retailers stock up for the holidays, according to its CEO.
By Alejandra Carranza • Dec. 20, 2023 -
Port of Los Angeles cargo volumes rise 19% YoY in November
“Our year-end growth reflects the strength of the U.S. economy powered by the American consumer,” said Port of Los Angeles Executive Director Gene Seroka.
By Alejandra Carranza • Dec. 19, 2023 -
Rail border crossings reopen at Eagle Pass and El Paso, Texas
U.S. Customs and Border Protection had shut down the vital trade gateways in the wake of surging immigration activity.
By Larry Avila • Updated Dec. 22, 2023 -
Shipping lines avoid Suez Canal as Red Sea attacks continue
Carriers' move to reroute or pause vessel transits could add time and monetary costs for shippers.
By Alejandra Carranza , Edwin Lopez • Dec. 18, 2023 -
Deep Dive
Mexico’s nearshoring wave is years in the making
Decades of investments in logistics infrastructure, trade deals and becoming a manufacturing hub are paying off as shippers look to nearshore production.
By Alejandra Carranza , Edwin Lopez • Dec. 18, 2023 -
Forward Air plans general rate increase of 5.9%
The new rate will be tendered on shipments beginning Feb. 5, the carrier announced last week.
By Larry Avila • Dec. 18, 2023 -
Nestlé strikes deal with ocean carriers to reduce freight emissions
The food and beverage maker will ship its products on Maersk, CMA CGM or Hapag-Lloyd vessels powered by fuels made from waste.
By Alejandra Carranza • Dec. 13, 2023 -
Deep Dive
6 reasons why global supply chains are shifting
Political risk, emissions and lead times are just some of the drivers pushing companies toward onshoring, nearshoring and friendshoring decisions.
By Edwin Lopez • Dec. 13, 2023 -
Retrieved from GAO.Q&A
10 minutes with DOT’s multimodal office head
Deputy Assistant Secretary Allison Dane Camden discussed her background, her new office's staffing and the Freight Logistics Optimization Works (FLOW) initiative's progress in an interview.
By Colin Campbell • Dec. 12, 2023