Buyer’s market for US importers belies risks in contract talks
Shippers should heed signs that ocean carriers have managed to keep the decline in Asia imports from sinking the market, reflecting a modicum of control and price restraint.
Shippers should heed signs that ocean carriers have managed to keep the decline in Asia imports from sinking the market, reflecting a modicum of control and price restraint.
The Fort Worth expansion aims to scale production at a facility that makes Danimals, Activia and YoCrunch.
The carrier has inked a slot charter agreement on a service that is operated by Taiwanese rivals Yang Ming and Wan Hai, as well as Singapore’s PIL.
As shippers realize that threats to service are not periodic but systemic, their focus on reliability will only intensify this year, writes Peter Tirschwell.
New Delhi has invested heavily into freight infrastructure modernization through public-private participation and pushed digital logistics solutions along with sweeping policy reforms to ease trade processes in recent years.
Citing “the complex and uncertain international context,” the carrier said proforma voyages through the Suez that were confirmed last month would remain diverted via the Cape of Good Hope in southern Africa.
New rules starting this month will add cubic volume measurements to the carriers’ assessments for determining certain surcharges.
Ground delivery rates hit a record high in Q4, although carriers are willing to make concessions for more lucrative volume, per the TD Cowen/AFS Freight Index.
The AI giant launched an RFP seeking domestic suppliers to build out AI hardware, robotics components and data center capacity.
A drop in air freight charter rates has put the option of project cargoes moving by air back on the table.