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Austin-based software provider E2open, which caters to large global shippers and their logistics providers, is set to be pulled into a special purpose acquisition company, a new financial vehicle to expedite the process of taking companies public.

A huge volume of imports from China that was concentrated mostly in Los Angeles and Long Beach produced a banner month for the Southern California port complex in September.

Carriers are seeking equipment surcharges or premium service charges as Indian shippers scramble to secure outbound vessel space in a market that is seeing more exports than imports.

An analysis of shipper transaction data shows a marked slowing of spot market rate hikes in September after a turbulent summer, perhaps pumping the brakes on the rise of contract rates

China Navigation Company creates Swire Projects to take advantage of an improving outlook for the project market and brings aboard three ex-Zeamarine executives.

Volatility in the air freight market is translating into lower quote acceptance levels and growth in the spread between average quotes offered and those chosen by shippers, the spot procurement marketplace Cargobase said.

The former head of SAL Heavy Lift’s marine projects will lead the chartering team at global forwarder DSV, which is handling global logistics for wind turbine manufacturer Vestas.

The sustained recovery of demand across its major markets, combined with effective cost-cutting measures, have driven Maersk to once again ramp up its full-year guidance.

This year’s peak season promises to be tumultuous, but 2021 could be just as difficult for shippers as 2020.

Owing to California’s strict environmental requirements, as well as standards for the region outlined in the federal Clean Air Act, the ability of Los Angeles and Long Beach to expand their infrastructure and grow cargo volumes depends on achieving emissions-reduction goals.

While the US small parcel market is dominated by FedEx and UPS, Amazon Logistics has emerged as a major last-mile player due to its rapidly increasing delivery capacity.

Interest among carriers in smart containers and improved cargo visibility has grown in recent years, and now the pace is quickening as carriers show more willingness to listen to customer demands for improved service and visibility.

CMA CGM appears to finally be on top of the cyber attack that took the carrier offline for two weeks and disrupted its global online network.

Technology providers in the logistics industry are gearing their solutions around shippers’ need to think of product availability above freight visibility as demand and supply variability swing beyond normal patterns.

Shippers are modifying their approach to truckload contracting, using more short-term “mini-bids” than ever before and turning to technology to improve a process that often breaks down when market prices swing quickly.

Svend Andersen comes out of retirement to take a stake in the US-based carrier Intermarine and explore new trade possibilities in the Americas.

The ongoing trend toward online shopping that accelerated due to COVID-19 lockdowns in the second quarter could be a death knell for thousands of retailers unable handle the growing e-commerce volume.

The extreme volatility in demand on the two main east-west container shipping trades is severely testing containerized supply chains.

As capacity tightens at the US-Mexico border, truckload carrier CFI is building a series of consolidation centers to expand its efforts to capture Mexico-bound less-than-truckload freight and provide shippers with more capacity.

US retailers are stepping up their purchase orders and import projections for the rest of the year in order to avoid a repeat of the stock outages that occurred this summer.

The number of freight marketplaces for international shippers and forwarders continues to expand with Canada-based Shipz now providing a platform for mid-market cargo owners and the forwarders that serve them.

Cargo handling and delivery of import containers to truckers in the ports of Los Angeles and Long Beach has been severely compromised by the three-month import surge from Asia that continues at a double-digit year-over-year clip.

Less stringent lockdowns, for now, during COVID-19’s second wave mean stronger global trade, as renewables continue to be a bright spot for the multipurpose/heavy-lift (MPV/HL) sector.

While factors like large-scale sailing cancelations and the failure of shippers to return containers in a timely fashion have contributed to India’s equipment imbalance, a steady deceleration in imports is seen as the primary cause of the current problem.

Logistics executives do not expect spot truckload rates to soar much higher, but they do not think they will drop either, forcing shippers to collaborate more.

Although the growth in US imports decelerated slightly in September from August, the double-digit, year-over-year monthly increase indicates there is still strong momentum for the coming months.

The FMC will look into whether ocean carriers are incorrectly holding truckers, third-party logistics, and freight forwarders responsible for penalties that should be paid by the shipper.

As Toepfer’s Multipurpose Index shows signs of modest recovery, SAL’s purchase of Intermarine has the potential to leverage shipping synergies.

The pandemic-induced slowdown in global trade earlier in the year played a role in the marginal improvement in port efficiency since ports had to handle fewer boxes overall, but avoiding landside constraints also helped.

Carriers are riding high on a profitable wave of record rates, surprisingly strong demand, and lower fuel costs, but there is no consensus among analysts and ratings agencies on whether it will be sustainable.

The purchase of Value Logistics gives Forward a bigger intermodal presence in the South-Central distribution hub as freight volumes of all types rise, said CEO Tom Schmitt.

A widely-used drayage management solutions provider has added the truck parking marketplace SecurSpace to help drivers find parking and equipment storage options directly in their transportation management systems.

DCLI is ending contracts with NVOCCs because it believes truckers are better partners in the merchant haulage business, but other chassis providers will not follow suit and plan to keep conducting business with everyone.

The freight broker Transfix is providing small carriers with free standalone operational technology to align their capacity availability with needs from the company’s shipper customers.

How the dueling Vancouver port projects proceed is critical to how the largest Canadian gateway meets the demand for roughly 2 million TEU in capacity within approximately 10 years.

Some of CMA CGM’s regional subsidiaries are now fully operational following last week’s data breach,as the group’s worldwide agency network is being gradually reconnected.

While carriers are deploying extra-loaders and reinstating blank sailings, space in the eastbound trans-Pacific is still lagging demand and equipment in Asia is tight, so US importers are paying premium rates to guarantee priority services.

A substantial increase in heavy truck orders in September begs the question: Who will drive those trucks? Trucking employment is improving, but still down 4.7 percent year over year.

SAL and ex-BBC Chartering CEO Svend Andersen take ownership stakes in Intermarine as Andersen returns to the MPV/HL market.

The data breach that took CMA CGM offline on Sept. 28 continues to disrupt the carrier, which has suspended all access to its e-commerce network.