Freight: Page 46
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Case accusing carriers, chassis pool operators of ‘sweetheart deal’ moves forward after judge denies stay
The complaint filed by the ATA with the Federal Maritime Commission claims ocean carriers get chassis at a cheaper rate than trucking companies, resulting in overcharges totaling “as much as $1.8 billion” over the last three years.
By Matt Leonard • Updated Feb. 1, 2021 -
UPS to raise China-US parcel surcharges 30% starting Aug. 30
China/Hong Kong airfreight rates are nowhere near their peak in May, but they have been slowly gaining altitude since early July with some hint of moderation in August.
By Emma Cosgrove • Aug. 21, 2020 -
Maersk bullish on remainder of 2020 after increasing rates 4.5% in Q2
The carrier reinstated guidance but with a familiar caveat: The market is still more unpredictable than it was pre-pandemic.
By Matt Leonard • Aug. 20, 2020 -
Adeline Kon/Supply Chain Dive
Deep DivePeak season in a pandemic: What happens to freight rates and capacity?
Metrics and economic factors can help shippers gauge capacity and rates for air, ocean, trucking and rail heading into freight’s busy season.
By Matt Leonard • Aug. 20, 2020 -
Spot rates are sky high. Will contract rates follow?
Contract rates typically catch up to spot rates in three to six months, but weakness in the economy could stall an increase.
By Jim Stinson • Aug. 20, 2020 -
Ports show mixed results on imports ahead of back-to-school season
Imports of some school staples slumped in July, suggesting that shippers are being cautious as many schools begin the year teaching remotely.
By Matt Leonard • Aug. 18, 2020 -
Imports rose in July. Has peak come early or are supply chains making up for lost time?
Empty container returns to Asia from the Port of Los Angeles were on par with 2019 levels, signaling an expected uptick in trade flows on the Transpacific.
By Matt Leonard • Aug. 14, 2020 -
Study: Dedicated contract carriage will grow modestly as shippers seek capacity safe haven
Contracts can shield shippers now when spot rates are high, but they helped shield carriers when volumes dropped in March and April.
By S.L. Fuller • Aug. 14, 2020 -
Transpacific rates swell as retail restocking revives import volume
Capacity has grown compared to this time last year, but the reintroduction of sailings hasn’t pushed down rates for cargo flowing from East Asia to the U.S. West Coast.
By Matt Leonard • Aug. 12, 2020 -
Retrieved from Business Wire on August 11, 2020
JB Hunt makes 120-mile haul for Walmart in Daimler electric truck
The carrier’s first delivery using an all-electric Freightliner eCascadia marked the start of a three-month testing phase.
By S.L. Fuller • Aug. 12, 2020 -
Railroads voice wary optimism for peak as freight volumes make slow progress in July
Intermodal traffic is close to pre-pandemic levels, down 1% compared to July 2019. CSX attributed growing intermodal volumes to retailers replenishing inventories.
By Matt Leonard • Aug. 11, 2020 -
Courtesy of Port of Montreal
Strike ends at Port of Montreal, operations resume
During the 11-day strike, container terminals closed their gates to trucks as port workers protested overtime cuts and changes to premium pay for nights and weekends.
By Jim Stinson • Updated Aug. 24, 2020 -
Spot market rates shoot up as capacity tightens
Truckload capacity usually declines at this point in the year, DAT said, but a citrus volume surge in California, a hurricane along the Southeast coast, and consumer demand and fulfillment caused an increase in loads.
By Jim Stinson • Aug. 7, 2020 -
Retrieved from CNES, distributed by Airbus DS on August 06, 2020
CMA CGM, Hapag-Lloyd, Maersk and MSC resume operations at Port of Beirut
The port resumed operations on Monday afternoon, according to a notice from Maersk which reported the container terminal saw only minor damage.
By Emma Cosgrove • Updated Aug. 12, 2020 -
Permission granted by Accuweather For Business
Tropical Storm Isaias heads up East Coast threatening road, sea freight movement
The storm’s winds could overturn truck trailers along the busy 1-95 corridor and increase the risk for downed trees on railroad tracks.
By Emma Cosgrove • Aug. 4, 2020 -
davidpheat. Retrieved from https://pixabay.com/photos/cityscape-city-road-crossroad-1186069/.
OpinionCOVID-19’s urban exodus will force supply chains to adapt
The shift to working from home could cause a second slower-moving, but more enduring, demand shock that is just starting to unfold, writes Aaron Terrazas, director of economic research at Convoy.
By Aaron Terrazas • Aug. 4, 2020 -
Retrieved from Flickr.
US ventilator, PPE imports drop as coronavirus cases climb
S&P Global cites efforts by the Trump administration to encourage domestic production of key supplies to combat the coronavirus pandemic as a potential reason for the reduction.
By Morgan Forde • Aug. 3, 2020 -
CH Robinson draws airfreight demand with belly capacity down 70% in June
The carrier’s airfreight revenue and pricing increased despite hauling less volume — a dichotomy highlighting the struggle shippers face in the current environment.
By Matt Leonard • July 30, 2020 -
Norfolk Southern nabs former CSX, Union Pacific exec as railroad pushes forward on PSR
The railroad has consistently reported gains in train speed and reductions in dwell time, but operating ratio jumped above 70% in Q2.
By Emma Cosgrove • July 29, 2020 -
Tight truckload market pushes up spot rates in June
Knight-Swift said it expects spot rates to rise through the remainder of 2020 and result in more expensive contract rates for 2021.
By Matt Leonard • July 28, 2020 -
Residual effects of Hurricane Hanna to slow cross-border freight for days
Any closure of the major roads between Saltillo and Monterrey in Mexico can result in concentrated traffic and delays at the World Trade Bridge in Laredo, Texas.
By Emma Cosgrove • July 28, 2020 -
Maersk to charge fee starting in September for shippers manually booking, amending documents
The carrier said it receives about 6,000 emails and phone calls every week related to manual amendments.
By Matt Leonard • July 27, 2020 -
Union Pacific improves service metrics despite 20% volume drop
The railroad is now building up capacity for the volume growth it expects through the balance of the year, but executives emphasized it will not return to pre-pandemic workforce or equipment levels.
By Emma Cosgrove • July 24, 2020 -
Michelle Rock/Supply Chain Dive, data from Getty Images
Deep DiveElectronics supply chains are stuck between a pandemic and a trade war. Where do they go from here?
Shifting operations is a mammoth undertaking for the electronics industry due to China’s specialized production capacities, co-location of key suppliers and economies of scale.
By Morgan Forde • July 23, 2020 -
United Airlines stands out with 36% revenue growth in cargo
The airline operated 3,800 cargo-only flights to transport 204 million pounds of cargo during the second quarter.
By Matt Leonard • July 23, 2020
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