Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
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Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
Effective ocean carrier capacity will be decreased by up to 15% between 2023 and 2024, a result of new global fuel efficiency rules, along with slow-steaming and scrapping. The reduction will occur in spite of a continuous increase in newbuilding deliveries,..
Container availability in the USA is tight in the areas of the South Atlantic Coast and Gulf Coast
A broad coalition of more than 300 US industry groups, including retailers, farmers, and chemical exporters, on Thursday, urged President Joe Biden to directly engage again with Class I railroads and unions after a second union rejected the tentative contract agreement agreed to in September, stoking fears of a mid-November national strike.
Ongoing talks and concerns over a possible labor dispute have caused a shift in cargoes from U.S. West Coast ports to the East Coast.
Increased terminal dwell due to the surge of import volume and labor shortage is the main challenges affecting rail services. Congestion at rail facilities is a major issue, especially in Chicago and Los Angeles areas.
The Golden Week National Day holiday in China, October 1st and 7th has impacted operations which has caused blank sailings and vessel delays for transpacific and Asia – Mediterranean Europe routings.
As a result of Hurricane Ian passing through Florida and the Carolinas last week which caused some port and warehouse closures, please expect additional delays in the Southeast area in the next couple of weeks.
Vessels continue to be pushed further off the proforma schedule causing blank sailings, and the continuous increase of import volume within the past two years has affected operations in almost all areas of the country, creating delays.
Shortage of container equipment for Hazardous cargo in Houston is an additional issue that affects operations in the Gulf Coast, especially for freight moving to Los Angeles.
We would like to provide you with the latest update on the impending rail strike.
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Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
Under the Railway Labor Act, however, Congress has broad authority to pass legislation with a binding contract that the unions would be forced to accept…
It’s significant because railroad strikes have crippled the country in the past.
America and China remain intimately intertwined via trade despite worsening tensions over Taiwan and the Russia-Ukraine war. More than a third of all U.S. containerized imports arrive from China. More than a sixth of China’s export value derives from U.S. purchases.
Truck capacity may be easing in some markets or in some lanes, but it is not abundant universally
Truck capacity may be easing in some markets or in some lanes, but it is not abundant universally
The amendments proposed last week would broaden the areas and timing of seasonal speed-restricted zones. Outside of the seasonal speed zones, dynamic speed zones would be established in areas where right whales are detected and they would last 15 days after the last whale detection.
The share of imports moving by rail from Los Angeles-Long Beach plummeted to an all-time low in the first four months of the year, as BNSF and Union Pacific railroads metered service from Southern California in order to relieve congestion at their inland hubs
Port trucking companies say they are seeing an influx of new drivers that once served long-haul shippers but have left that sector because of falling truckload rates and increasing operating costs, including fuel and insurance.
Imports to the top 10 U.S. ports grew by 5.9% year-on-year (y/y) to 2.16 million twenty-foot equivalent units (TEUs) in June despite recessionary concerns, according to The McCown Report. The growth has exceeded the 3% y/y gain in May and 5.1% gain in April.
Ocean carriers have reduced scheduled capacity on Asia-North America West Coast (NAWC) by -18% to rebalance capacity to demand…
“During the height of the pandemic all our terminals were operating at full capacity because of a combination of high volumes and very high import dwell times,”
Consumers are spending more on services than goods, US manufacturing has slowed, residential housing construction is in recession, and big-box retailers have overstocked inventories. “You add all that up, and you have a freight recession,” Costello said.
Chassis issues are challenging in all regions in the U.S. This is due to the division of the intermodal system and the lack of additional capacity at different levels of the supply chain.
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.
Limited trucking and equipment availability are among the main challenges across the supply chain.
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.
Total US LTL costs were still up 14.4 percent year over year in October, but shippers should see some relief in 2023.
The California Trucking Association says state agencies are beginning enforcement actions involving the AB5 worker classification law.
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.