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The move to increase ship traffic comes as canal officials have started talks with some of the inhabitants who will be affected by the $1.6 billion project to expand the canal’s water catchment, including construction of the Río Indio reservoir.

Not even the widespread disruption to global aviation from the Microsoft IT outage in mid-July could derail resurgent air freight markets.

The container shipping lobby group believes higher costs levied on users of conventional bunkers is vital for the energy transition that requires multi-billion-dollar investments by fuel producers.

As the clock ticks down toward the expiration of ILA’s current contract, the window for frontloading to the East and Gulf coasts is closing and there is limited potential for diversions through Canada and Mexico, writes Journal of Commerce Executive Editor Mark Szakonyi.

The Port Authority of New York and New Jersey is looking to create more space for container operations with a multi-year project to move dry bulk operations from one port area to another.

Uber Freight is managing a growing internal LTL network within Canada and cross-border trade, and others are looking for ways to create “alternative” LTL services.

SeaLead and TS Lines have a new vessel-sharing agreement within SeaLead’s recently launched Asia-US West Coast service, harking back to the pandemic-era rush of new market entrants.

The Singapore-based carrier also said it is expecting to book an operating profit for its current financial year that is more than double its previous forecast despite a “highly uncertain” outlook for the rest of 2024.

Small and midsize forwarders that have watched the ocean shipping market play out this year are left to face the reality of a much-consolidated carrier base that has no qualms about driving up rates hard and fast when openings present themselves, writes Peter Tirschwell.

The takeover of Los Angeles-based Dependable Highway Express (DHE) allows Knight-Swift to reach 70% of the US population with its LTL services.

The sale of European Surface Transportation to German-based brokerage sennder is part of a drive to strengthen operations that C.H. Robinson considers core to its business.

Vessels on the backhaul trade from Europe to Asia are sailing two-thirds empty, with spot rates on the trade lane falling sharply since February.

The $200 million funding round cuts against the broader trend of venture capital investors pulling back from early- and growth-stage supply chain and logistics startups.

Ottensmeyer spent 17 years with Kansas City Southern Railway until the merger with Canadian Pacific Railway in 2023, then served on J.B. Hunt’s board of directors.

Strong demand, tight vessel capacity and delays at some key Brazilian ports are pushing freight rates close to the record levels hit during the pandemic.

British Columbia's maritime employers warn of a port-wide strike vote taking place as Canada’s labor tribunal considers a union proposal about staffing at DP World’s Centerm.

Investment in technology to address the complex regulation is critical for cargo owners shipping to Europe, but it could have significant side effects to trade and consumer prices, experts warn.

Saia, Knight-Swift and other LTL carriers are moving ahead with plans to open terminals once owned by bankrupt Yellow, despite higher costs.

UP’s containerized intermodal volume is up 6% in July as West Coast imports grow and the threat of a strike diverts some Canadian international intermodal freight.

The return of seasonality, tender rejections and an end to discounting all hint at a coming uptick in truckload demand in the second half of the year and higher rates next year, the largest US truckload operator says.

CMA CGM will begin a rebranded standalone India America Express string from Aug. 15, decoupling from the consortium it had with Hapag-Lloyd.

The gateways say they are well-positioned to take on additional diversions from the East and Gulf coasts should an ILA strike occur after the current labor deal expires at the end of September.

The Marseilles-based ocean carrier grew its revenue in the second quarter, but much of the growth came from its recently expanded logistics division.

The operating profit earned by the Deutsche Bahn subsidiary in the first six months of the year fell slightly but was more than double what it earned in the same period in pre-pandemic 2019.

A report from the consultancy pins lackluster funding into logistics startups on static freight demand and a steep decline in freight rates in 2023.

More than 70% of air cargo space controlled by Kuehne + Nagel subsidiary Apex has been presold for the third and fourth quarters.

More business from logistics partners and retailers helped increase daily shipment count for the second-largest US LTL provider, but year-over-year comps are about to get tougher.

The carrier said the move was a response to “ongoing robust demand” on the trade lane, becoming the second trans-Pacific service MSC has relaunched this year.

Ocean carriers and shippers are diverting some intermodal freight to US ports to counter the threat of a Teamsters strike against Canadian railroads.

The Singapore-based ocean carrier is the fifth shipping line to use WaveBL’s electronic bill of lading product.

Jens Lund believes the supply and demand balance on the major trade lanes is being restored as front-loaded shipments make their way through the supply chain.

The passage of the Water Resources Development Act in the House of Representatives brings Congress one step closer to authorizing major navigational projects at the two ports.

The acquisition of Mexican package company Estafeta gives UPS a full-fledged ground operation in Mexico that can link to its cross-border and global services.

Kuehne + Nagel’s Stefan Paul presented a sunny outlook for the rest of the year, saying he expects strengthening air and ocean yields to turn around declines reported across most of the forwarder’s financial metrics in the first half.

Shrinking inventories have helped drive up warehouse vacancy rates and decreased utilization, but signs that demand is building point to a tightening market.

The Federal Maritime Commission has set out the guidelines ocean carriers will need to follow to avoid claims from exporters that they are not being treated fairly.

The second half of 2024 is not likely to bring rate relief for shippers forced into the air by geopolitical events and trade tensions between the US and China.

Weaker demand, congestion and supply chain disruptions held back volumes at two of Europe’s largest breakbulk ports during the first six months of the year.

Ocean carriers and cargo owners should recognize that a very large gap between contract and spot rates creates stress and that it is pragmatic to incorporate some flexibility into the contract, writes consultant Jeremy Masters.

Carriers such as J.B. Hunt Transport Services are pressing shippers for more detailed forecasts as they look to realign capacity and demand.