Scheduled Capacity Registers Sharp Drop

Scheduled Capacity Registers Sharp Drop

Ocean carriers have reduced scheduled capacity on Asia-North America West Coast (NAWC) by -18% to rebalance capacity to demand, returning it back in line with historical levels, Sea-Intelligence data shows (see Figure 1). This was achieved by increasing blank sailings...
US truck freight recession is here, but not to stay: SMC3

US truck freight recession is here, but not to stay: SMC3

The broad US economic outlook is improving as inflation slowly drops, but trucking companies and others involved in moving freight have a rough road ahead of them in the first half of 2023, speakers said Monday at the SMC3 JumpStart 2023 conference in Atlanta. “The...
USA FR8LEAD Advisory: LCL Export & Import Service Delays

USA FR8LEAD Advisory: LCL Export & Import Service Delays

To keep you better informed of the current operational situation occurring in the U.S., we would like to provide you with the following updates. Vessels continue to be pushed further off the proforma schedule causing blank sailings, and the continuous increase of...
Cost Hinders U.S. Supply Chain Reshoring

Cost Hinders U.S. Supply Chain Reshoring

With reshoring decisions dictated by costs and logistics factors, U.S. manufacturers are unlikely to shift manufacturing operations out of East Asia in 2023, separate reports indicate. “The ultimate extent of how much production will be reshored or moved closer to...
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