Ocean carriers face capacity-driven cyclical downturn from 2027
But participants on a Hapag-Lloyd webinar indicated the timing and severity of the market correction remain contested, with the outlook heavily dependent on geopolitics.
But participants on a Hapag-Lloyd webinar indicated the timing and severity of the market correction remain contested, with the outlook heavily dependent on geopolitics.
The Federal Maritime Commission wants to impose a $200,000 per-voyage fee on Spanish-flagged vessels and restrict certain goods from the country.
The drop in transit cargo was a deliberate operational trade-off made to free up space for inland freight, which has allowed hinterland volume to grow sharply this year.
For-hire motor carriers added jobs year over year in September for the first time in 41 months as higher pay and an uptick in demand drew more employees.
Fighting the memory supply crisis is front and center, pushing companies to refine planning practices and rethink product mix and logistics tactics, experts say.
Charlie Cunnion most recently served as vice president of supply chain and customer service for CMPC Forest Products North America.
Forwarders say the extra-loader has an allocation of about 1,000 TEUs for India loading, which they believe could also cover any cargo backed up due to space constraints.
The demise of Europe’s steel industry would lead to the collapse of the associated logistics sector that supports it, participants at the Port of Antwerp-Bruges Breakbulk Summit were told this week.
Empties that are not being shipped back to Asia are causing congestion at the US’ busiest gateway, according to the Harbor Trucking Association, though marine terminals say the situation is being managed capably.
More than $800 million in new funds will help Philadelphia add container handling capacity at its Southport Marine Terminal in addition to boosting the site’s current auto handling capacity.