On Asia-Mediterranean, for the three week period of Weeks 7-9, there was a trend of positive capacity correction where capacity was added back instead of taken out.
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Less Capacity Correction on Asia-Europe than on Trans-Pacific
On Asia-Mediterranean, for the three week period of Weeks 7-9, there was a trend of positive capacity correction where capacity was added back instead of taken out.
Easing Box Volumes Changes Global Container Flows
The respite in box volumes has led to falling congestion and changes in global container flows according to the Container Availability Index.
Analyst Warns Shippers Carbon Surcharges are Imminent
According to Lars Jensen, founder and CEO of Vespucci Maritime, carrier network adjustments to reduce the cost impact of ETS will leave shippers hit with carbon surcharges and fewer direct services from the second half of 2023.
Grim Market Assessment for U.S. Trucking and Shippers
Trucking operators are expected to face bearish market conditions through the first half of this year, according to Uber Freight’s first-quarter update on global freight markets.
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
SC Ports turns to TRAC, Flexi-Van to help launch chassis pool
Medium-sized carriers on Alphaliner’s top-30 list have seen a shake-up in positions in the last 12 months, with capacity changes ranging from -34.6% to +55.3%, Alphaliner reported.
Medium-sized Ocean Carriers Reshuffle in Shifting Market
Medium-sized carriers on Alphaliner’s top-30 list have seen a shake-up in positions in the last 12 months, with capacity changes ranging from -34.6% to +55.3%, Alphaliner reported.
U.S. West Coast Labor Contract Negotiations to Stretch into 2023
About 20% of cargo volume has shifted to other U.S. hubs as shippers sought to “avoid labor disruptions”. Seroka said he “would not be surprised” if 5 percentage points of the 20% that’s moved don’t return to the West.
Is US ready for more Arctic shipping?
Lack of maritime infrastructure exacerbates safety risks in the region, according to a government watchdog
USA FR8LEAD Advisory: LCL Export & Import Service Delays
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
USA FR8LEAD Advisory: LCL Export & Import Service Delays
With all the recently mentioned events, there is a high number of container vessels currently congested at different ports around the world, affecting logistics services overall
Truckload volatility prompts fresh investment in pricing startup
The investment comes 10 months after Florida-based Greenscreens.ai raised a seed round, also led by Tiger Global. Founded in 2020, the company focuses on narrowing the pricing advantage that digitally native freight brokers, as well as those that have spent capital developing internal predictive pricing algorithms, have over incumbent brokers.
U.S. Intermodal Providers Fighting to Retain Rail Business in 2023
A slowing U.S. economy and the possibility of a coming freight slowdown has key U.S. intermodal providers turning to aggressive pricing to keep freight on the rails in 2023.
Falling Volumes will Adjust Eventually Says Ocean Carrier
Paired with a weak global economy, Hapag-Lloyd’s CEO Rolf Habben Jansen expects container rates to be in decline for some time
USA FR8LEAD Advisory: LCL Export & Import Service Delays
Operations in Miami, Port Everglades, and Jacksonville Terminals are expected to be affected by Tropical Storm Nicole, please expect delays
Oakland port disruption underpins support for West Coast cargo shift
In the latest disruption linked to the contract talks, marine clerks from the International Longshore & Warehouse Union (ILWU) picketed at Oakland over a travel pay issue for dockworkers who come into the port from outlying locations.
USA LCL Advisory Ports and CFS closures due to storm Nicole
The US coast guard captain of the miami and port everglades has informed the ports will go into condition zulu as of today nov 8 / 8 pm amid tropical storm Nicole.
Therefore ports will be closed until further notice.
For any inquiries please reach out to the Miami office directly
Seventh union ratifies tentative US rail agreement
A seventh rail union has ratified the tentative contract deal brokered by the Biden administration, bringing Class I railroads and unions one step closer to staving off a strike that could shut down the US freight rail system as early as Nov. 19.
US trucking jobs rebounded to all-time high in October
The stronger-than-expected increase in trucking jobs last month, including all workers but mostly truck drivers, points to continuing freight demand.
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New Year Brings New Challenges for the Container Market
Overall, carriers are more optimistic about demand recovery prospects on the Trans-Pacific than on the Asia-Europe trades, but how the market will behave post-CNY remains unclear.
Pricing discipline’ to temper US LTL rate relief in 2023
Total US LTL costs were still up 14.4 percent year over year in October, but shippers should see some relief in 2023.
Falling imports mute capacity impact of California’s new clean-fleet drayage rule
The California Trucking Association says state agencies are beginning enforcement actions involving the AB5 worker classification law.
New Mega Ships Deployed in 2023
THE Alliance members Hapag-Lloyd, Ocean Network Express, HMM, and Yang Ming have finalized their network plans to deploy larger vessels on the Asia-Europe and trans-Atlantic trades in April 2023.
Decline in US for-hire truck tonnage gains speed
US for-hire truck tonnage saw its single-largest monthly decrease in November since early 2020 as freight demand, already falling from unsustainable 2021 levels, cooled even faster, according to the American Trucking Association (ATA). The ATA’s For-Hire Truck Tonnage...
Regulatory support missing in drive to scale up green fuel: Ørsted
An artist’s impression of Ørsted’s FlagshipONE project, which will be Europe’s largest e-methanol plant.
Intermodal volumes falling fast, rates to follow in 2023
While domestic intermodal traffic on private boxes is up, the number of loads traveling on rail-owned containers plunged 20 percent year over year in November, according to the Intermodal Association of North America.
U.S. West Coast Labor Contract Negotiations to Stretch into 2023
About 20% of cargo volume has shifted to other U.S. hubs as shippers sought to “avoid labor disruptions”. Seroka said he “would not be surprised” if 5 percentage points of the 20% that’s moved don’t return to the West.
Is US ready for more Arctic shipping?
Lack of maritime infrastructure exacerbates safety risks in the region, according to a government watchdog
CMA CGM adds terminal assets in New York-New Jersey
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
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Charleston gets expedited hearing in appeal over ILA’s Leatherman lawsuit
On Asia-Mediterranean, for the three week period of Weeks 7-9, there was a trend of positive capacity correction where capacity was added back instead of taken out.
Less Capacity Correction on Asia-Europe than on Trans-Pacific
On Asia-Mediterranean, for the three week period of Weeks 7-9, there was a trend of positive capacity correction where capacity was added back instead of taken out.
Easing Box Volumes Changes Global Container Flows
The respite in box volumes has led to falling congestion and changes in global container flows according to the Container Availability Index.
Analyst Warns Shippers Carbon Surcharges are Imminent
According to Lars Jensen, founder and CEO of Vespucci Maritime, carrier network adjustments to reduce the cost impact of ETS will leave shippers hit with carbon surcharges and fewer direct services from the second half of 2023.
Grim Market Assessment for U.S. Trucking and Shippers
Trucking operators are expected to face bearish market conditions through the first half of this year, according to Uber Freight’s first-quarter update on global freight markets.
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
SC Ports turns to TRAC, Flexi-Van to help launch chassis pool
Medium-sized carriers on Alphaliner’s top-30 list have seen a shake-up in positions in the last 12 months, with capacity changes ranging from -34.6% to +55.3%, Alphaliner reported.
Medium-sized Ocean Carriers Reshuffle in Shifting Market
Medium-sized carriers on Alphaliner’s top-30 list have seen a shake-up in positions in the last 12 months, with capacity changes ranging from -34.6% to +55.3%, Alphaliner reported.
USA Fr8lead Advisory: LCL Export & Import Terminal Closures
Please be advised that the following terminals will be CLOSED on Monday, February 20th, 2023, in observance of President’s Day.
Container leasing market slows amid ocean sector cooling: Textainer
US imports from Asia in January saw their first month-on-month gain since August, but were still down 22 percent from January 2022 as the year-on-year decline in imports accelerated and West Coast market share deteriorated further.
