Walmart adds Vietnam-to-US ocean shipping lane for sellers
Businesses using the retailer’s cross-border importing service can now ship goods from Ho Chi Minh City and Hai Phong, its first origin ports outside of China.
Businesses using the retailer’s cross-border importing service can now ship goods from Ho Chi Minh City and Hai Phong, its first origin ports outside of China.
Global spot rates from Southeast Asia to North America fell 16% YoY as capacity constraints eased.
A Deloitte report found the industry is using the tech to navigate a shifting trade environment — and making holiday buys two months earlier than last year.
Union Pacific Railroad is instituting surcharges for the second consecutive year out of Los Angeles, although it’s unclear how long the current uptick in volume will last.
The nearly two-year project to complete Bayport’s Wharf 7 will allow the terminal to handle more ships as work on widening the Houston Ship Channel continues.
A cautious approach to investment in network and terminal infrastructure is not keeping pace with market growth.
The new 335,000-square-foot facility will reduce border delays and maximize cargo capacity for shippers moving temperature-controlled loads between the US and Mexico.
The fifth-largest freight broker in the US will absorb FreightSaver, which, similar to Echo, focuses on managed transportation services for shippers.
US tariffs are fuel cost-cutting mandates, heaping pressure on cargo owners to push for lower ocean shipping rates even if at the expense of carrier relations.
Taiwan-based ocean carriers say US tariffs are taking a toll on trans-Pacific volumes.