by hasim | Aug 3, 2023 | Articles, News
US less-than-truckload (LTL) carriers, long overshadowed by their larger truckload counterparts, are stepping into the spotlight this year. They’ve avoided the plunge in pricing that has gutted the truckload spot market and challenged larger truckload carriers. And...
by hasim | Jul 26, 2023 | Articles, News
Carriers operating between Asia and North Europe are handling fluctuating and softened trade demand by canceling more sailings and opting for inducement-only port calls, recognizing the need to be more proactive in meeting shipper requirements. Freight rates from...
by hasim | Jun 27, 2023 | Articles, News
Ocean carriers are struggling to secure volume commitments from US importers on the eastbound trans-Pacific as continued softening of spot rates tempts shippers, particularly smaller ones, to not honor their contracts. With most new trans-Pacific service contracts in...
by hasim | May 10, 2023 | Articles, News
The story of the diversion of imports away from the US West Coast is well understood. While the International Longshore and Warehouse Union’s contract expired almost a year ago, the ILWU Canada contract remained in effect, only just expiring at the end of March....
by hasim | May 2, 2023 | Articles, News
Five California ports will receive a $27 million state grant to develop a shared data system aimed at improving the efficiency of cargo operations. The Governor of California, Gavin Newsom, signed a memorandum of understanding (MOU) to launch the California Port Data...
by hasim | Apr 25, 2023 | Articles, News
According to data provided by Xeneta, Vietnam is a growing source of manufactured goods for the U.S. This has softened China’s dominance in the Trans-Pacific container trade, while geopolitical tensions, reshoring, and shifts in the flow of foreign investments are...
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