Latest news

The Port of Virginia’s modernization program is 80 percent complete and due to finish in 2022, which will provide a newer chassis fleet that is less likely to break down on a highway.

Beacon’s $50 million funding round, backed in part by notable investors like Jeff Bezos and Salesforce founder Marc Benioff, continues venture capital’s fascination with the digital forwarding model.

A Chicago-based trucking platform focused on cross-border freight has launched a contract board for small carriers to find repetitive, complementary loads from large shippers.

Increasing resilience to deal with a scenario that we have never seen in the 65-year history of container shipping is unlikely to be something market participants truly want to pay for, writes JOC analyst Lars Jensen.

The Port of Virginia has seen increasing delays for rail-bound ocean containers due to Norfolk Southern’s metering of traffic.

Congestion in Vancouver has caused demand for Canadian Pacific’s 53-foot containers to skyrocket and the available supply to become extremely thin.

Planned increases in capacity to be deployed by carriers in the fourth quarter on Asia-Europe look impressive, but the extra space is being significantly reduced by port congestion that is delaying ships and upending schedules.

In a change from long-held norms, earlier contracting is becoming more standard in the breakbulk and project market as cargo shippers labor to secure capacity and reduce risk and price volatility.

Oslo-based Höegh’s latest order for vehicle carriers comes amid growth in imports of China-made vehicles at European ports.

SEKO’s takeover of Bansard is the latest in a string of high-profile acquisitions across the fragmented global logistics industry, where scalability offers a key competitive advantage.

Container terminals in the Port of New York and New Jersey will start charging truckers who miss appointments, citing the need to recoup the costs of staging containers for pickup.

Industry leaders have observed in recent weeks that despite efforts by individual ports to address congestion issues, the biggest impact on fluidity of cargo movements will come from an easing of demand.

Container terminals in Vancouver are so overwhelmed with inbound loads and empty containers that they cannot open enough appointment slots for truckers.

If passed into law as currently written, the Ocean Shipping Reform Act of 2021 would bring about the most profound changes to maritime contracting since the 1998 version by allowing the government to weigh in on what constitutes a “reasonable” agreement.

Norfolk Southern will reopen a closed intermodal terminal in Kentucky in order to handle high volumes of ocean containers coming into the Port of Virginia.

The import surge in Seattle-Tacoma this past month has filled local warehouses beyond capacity, crippling the transportation supply chain in the Pacific Northwest.

The National Industrial Transportation League said that it will get a new executive director as it ends a management services agreement with an outside organization.

Logistics software vendor Cargobase has expanded its reach into the transportation management system market, driven by demand from its spot procurement technology customers.

Digital brokerage Loadsmart and Home Depot are launching an automated, supply-led flatbed booking platform that will help the retailer “share” its dedicated truck capacity with other shippers.

While carriers are enhancing intra-Asia operations, the moves come as shippers are seeing a shortfall in intra-Asia capacity as carriers skip port calls or redeploy larger vessels on main east-west trades, even as volumes surge.

Transport associations, unions, and other industry groups have made an urgent call to the United Nations to lift restrictions that limit the cross-border movement of supply chain workers.

US importers are taking bolder action to guarantee capacity in ways that would have been unimaginable in years past, from chartering ships, embracing transloading, and paying more to secure contracted ocean capacity

The $235 million acquisition of MoLo Solutions will double ArcBest’s available capacity and reflects an industrywide drive to access capacity across modes and networks.

Speakers at the Coyote Logistics Digital Summit said some truckload capacity is creeping back into a very tight market, but not to expect major changes in rates, especially for shippers on the “import side.”

Canada’s largest pension fund is taking full ownership of Ports America as the fund seeks to increase its exposure to US markets and trade.

A demurrage dispute between a New York customs broker and Mediterranean Shipping Co. unmasks the degree to which key communication of shipment milestones is overly reliant on email.

The trans-Atlantic trade lane heads into its busy fourth quarter facing the same capacity-cutting port congestion issues as the larger trades out of Asia, leaving little room for rates to drop from record highs.

The two widebody freighters ordered by CMA CGM Air Cargo will expand its direct access to air freight space, most likely in the tightly constrained trade lanes out of Asia.

The ports of Prince Rupert and Vancouver have not matched the rapid growth of US West Coast ports this year, but they are free of congestion and ready for any peak-season volumes that come their way.

Although national spot rate averages are flat, significant increases in dry-van truckload volumes from US ports are tightening pricing pressure in long-haul lanes as importers rush goods further inland.

The Georgia Ports Authority will spend $34 million to purchase an additional 40 acres of property adjacent to two existing development projects to expand container capacity even further over the next two years.

Visibility provider FourKites has worked with consumer packaged goods customers to develop a way to connect orders to in-transit freight and yard data to improve supply chain planning.

The Jacksonville Port Authority has awarded a $48.8 million construction contract that represents the beginning of a larger expansion at the Blount Island Terminal as it readies to handle larger ships.

The Port of New York and New Jersey on Monday reported the highest number of container ships at anchor all year as land-side congestion and the inability to quickly fetch containers off terminals add to delays.

Union Pacific Railroad is limiting how many domestic containers it will take out of Chicago, Kansas City, and Memphis to the West Coast to address terminal congestion in its intermodal network.

Trucking equipment manufacturers are raking in new orders for trailers and tractors, but it may be well into 2022 before they roll off production lines ready to move freight.

Consolidation on one end of the forwarding software market is creating openings on the other end, especially for systems that provide lightweight tools for small forwarders.

Australian dockworkers are threatening to unleash a wave of strikes and work bans a Patrick Terminals, even as the ports struggle to keep facilities staffed amid COVID-19 infections.

Jam-packed West Coast warehouses are pushing more freight inland earlier, raising spot prices and expedited trucking costs in lanes out of the Los Angeles region faster than expected.

Pinched at both Asian load ports and US receiving ports, trans-Pacific carriers in August registered their fourth consecutive month of deteriorating on-time performance.