No fast turnaround expected for declining MPV capacity trend
The Journal of Commerce Breakbulk Shipper Index tracked down again in May to 97, a drop of 26 points since March and two points lower than April.
The Journal of Commerce Breakbulk Shipper Index tracked down again in May to 97, a drop of 26 points since March and two points lower than April.
Federal Reserve Chair Kevin Warsh repeatedly said the central bank’s monetary policy committee will push down inflation toward its 2% goal.
The 4,500-acre inland site in Southern California will serve as a hub where ocean containers are transferred into 53-foot domestic boxes and as a staging point for some international freight.
While freight demand isn’t booming despite growth in imports and manufacturing activity, it’s enough to push transportation pricing higher.
The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.
With global trade flows shifting toward more volatile and irregular demand patterns, the focus is moving away from planning around fixed seasonal cycles, according to the forwarder.
A tangle of new rules and a lack of clear direction on which green fuel will power the MPV fleet of the future were cited as reasons for the current lack of new ship orders
Ship operators told Breakbulk Europe they need certainty that the truce between the US and Iran will hold before committing crew and vessels to the region.
The 2 million-square-foot facility features sortation and automated systems along with custom software to increase supply chain speed and throughput.
The Dubai-based company said it wants to secure a long-term lease at the Gulf Coast port to build a new box terminal, thanks to the port’s newly deepened ship channel.