A sea of opportunities exists to swap transshipment for direct services
With a global capacity surplus in the offing, or already biting, now is a great time to invest and move capacity off surplus trades, writes Jeremy Masters.
With a global capacity surplus in the offing, or already biting, now is a great time to invest and move capacity off surplus trades, writes Jeremy Masters.
Just over 7,000 TEUs of capacity is scheduled to be withdrawn through blank sailings in September even as carriers increase their deployed capacity by 2%.
The candy giant is using Pairwise’s plant-breeding technology to improve cocoa production as climate challenges and disease send prices soaring.
The e-commerce giant didn’t elaborate on the pricing decision, but the company has made strides in lowering its cost to service customers.
The difficulties have led to transshipment delays and rolled cargo, which has caused increased yard density at some ports that has exacerbated delays, shipping sources say.
The incident has sparked a wave of claim filings from individual shippers and state authorities against the world’s largest container carrier, resulting in arrest orders for as many as five sister ships thus far.
Domestic intermodal volumes have been stagnant on partner BNSF Railway out of Los Angeles, likely dulling the justification for the original $1,500 fee.
With 70% of its volume moving under spot rates, there was no escape from the volatile US-China tariff battle.
The proposal offers a clearer pathway for approval of operations beyond the visual line of sight, which could strengthen logistics applications, stakeholders said.
US ports want the federal government to increase the amount set aside for infrastructure grants in the DOT’s next budget, saying ports are an integral part of the nation’s road and rail network.