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The 95-year-old founder of A-P-A Transport helped define LTL trucking in the regulatory era, before establishing NY Waterway.

CMA CGM said its surcharge will apply to worldwide reefer shipments to Tianjin, including from the US, while MSC said its surcharge would be levied on reefer shipments from Europe.

Major and regional container carriers in recent years have added shuttle services on routes connecting ports in Mexico to the United States, particularly Tampa and Miami.

Loadsmart more than tripled the amount of capital raised through a $90 million round announced Friday as it seeks to automate the brokerage and optimization of US domestic transport modes.

California agricultural exporters say failing to deliver their products on time to overseas customers can result in buyers attempting to “wiggle out” of contracts that contain firm deadlines.

The US Federal Maritime Commission has rejected an argument from container lines that it lacks the authority to hear the American Trucking Associations’ complaint over so-called merchant haulage moves.

Convoy has seen considerable volume growth for a program under which loads are pre-staged for drivers, prompting the freight broker to develop more predictive capability to route empty equipment to shippers’ facilities.

Indian shippers are preparing for other carriers to levy equipment surcharges for US-bound cargoes after Mediterranean Shipping Co. said it will do so starting Dec. 3.

The forwarding share of Maersk’s business has remained constant over the past five years, and CEO Soren Skou is confident that the carrier’s logistics-focused strategy will not upset that relationship.

While not as high as their prior forecast, shippers in the eastbound trans-Pacific should still expect service contract rates next spring above current levels because carriers will continue their policy of tight capacity management, Drewry says.

Zim this week announced new Asia-Australia and US-Mexico services and said another new service announcement would come soon.

The share of revenue from Maersk’s logistics sector continues to grow as the carrier expands its landside business.

Shippers forced out of air and ocean trades by limited space and high rates are turning to overland transport from China to Europe, but the high demand is stoking capacity and equipment issues.

Feeder vessels are seeing over 48 hours berthing delay in Colombo and nearly 36 hours in Singapore, lowering the number of possible voyages and raising costs.

By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships

By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships

Shippers will need to look not just at multiple transportation modes, but across modes, to secure capacity in 2021, digital broker Loadsmart said.

Maersk is steaming towards an annual result that would be impressive even in a year that was not severely disrupted by a global pandemic.

Digital forwarder Forto has snared its second large funding round of 2020 based on a three-fold growth in its ocean freight this year.

The pandemic has increased food insecurity in many countries, while some buyers ordering more inventory to hedge against potential supply chain disruptions and bottlenecks.

DCSA and BIC have built a database of 11,000 depots, container yards, maintenance and repair vendors, and other supply chain container facilities in 160 countries.

Shippers moving cargo on the Asia-Europe spot market will pay a high price, but once lower contract rates are factored into the market, the overall rate development is less impressive, says Hapag-Lloyd.

The growth of e-commerce, higher shipping costs, and limited capacity available from traditional last-mile operators have prompted third-party logistics (3PL) providers to expand into last-mile services.

A coalition of stakeholders says they will consider calling for an update of the Shipping Act of 1984 next year after asking the FMC for more immediate relief on detention and demurrage charges in the US’s two largest port complexes.

Faced with the COVID-19 pandemic, shrinking investment in capital projects, and a slow-but-game-changing global shift towards a lower-carbon future, the industry is again recalibrating its project logistics relationships.

In the short term, EPCs see a painful gap growing in the oil and gas “project pipeline” because capital projects worth billions of dollars were delayed, with a few canceled or downsized.

Many trans-Pacific shippers still have contract rates far below current spot rates, and while they cannot necessarily ship all their cargo on those low rates and at the same time get the space and equipment they need, they still do benefit.

Wallenius Wilhelmsen turns in a positive third quarter as pent-up demand boosts auto sales while high and heavy cargo wavers.

The intensity of Asia import flow is also shifting on the West Coast as volumes in October rose more sharply through the Northwest Seaport Alliance than though Southern California.

Benefitting from equipment shortages in Asia and tight vessel capacity, NVOs continue to gain market share, but it’s the mid-size NVOs who are gaining at the fastest pace.

Higher pay is just a starting point for the solution to a resurgent driver shortage, J.B. Hunt’s Shelley Simpson tells the JOC Inland Distribution Webcast. Greater efficiencies, more shipper cooperation are key to improving driver jobs.

South Korean regulators held three meetings this week with shipping lines, cargo owners, and exporters to discuss cargo-related issues.

Carriers believe inventory replenishment in early 2021 could offset a drop in consumer spending and maintain volume on the Asia-Europe trades.

Carrier earnings for the third quarter are coming in, and as expected have extended the profitable momentum that built through the first half of the year.

Pleas by truckers and shippers for carriers to work more closely with them to reduce congestion at the ports of Los Angeles and Long Beach resonate with shipping executives.

As contract freight volumes begin to rise year over year, more pressure will come to bear on contract truckload rates, DAT’s Chris Caplice told the JOC Inland Distribution Webcast.

The sustained demand for Asian exports is worsening an equipment imbalance that has built steadily through the peak season on the trans-Pacific and Asia-Europe trades.

Moody’s Investors Service’s upgrade of the container shipping industry comes after Drewy last month upgraded its own 2020 profit expectation for the industry by 16 percent to $11 billion.

High rate levels through the third quarter enabled Taiwanese carrier Yang Ming to return to profitability after spending almost three years in the red.

The durability of the Asia import surge into North America has surprised even veteran forecasters, who still believe it can’t be sustained for much longer.