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Brokers looking to tap into the booming US-Mexico trade now have a tool to serve shipper requests to handle cross-border truckload moves.

The software provider has steered clear of outside investment as it sought to patiently build import management tools for shippers.

Nearly 30 ships are bound for the Port of New York and New Jersey as marine terminals and ocean carriers prepare for a possible dockworker strike.

Cutting terminals as freight volume drops, FedEx Freight is positioning itself for growth and a possible separation from its parcel carrier parent company in 2025.

Under the spotlight at MEPC 82 are midterm measures consisting of a technical element to reduce GHG intensity of fuels and a pricing mechanism to narrow the gap between fossil and green fuel.

Despite record import volumes in August, marine terminals at the ports of Los Angeles and Long Beach are experiencing minimal congestion, with elevated rail container dwell times the only problem area.

While there are still regulatory hurdles to clear, a spokesperson for DSV told the Journal of Commerce the combined company “will continue under the DSV brand” going forward.

The forwarder did not provide financial details, but CEO James Gagne told the Journal of Commerce the transaction puts SEKO on solid financial footing.

Eight straight months of double-digit volume growth and a massive increase in trans-Pacific and Asia-Europe e-commerce volumes, mostly shipped from China by air, has left air cargo capacity in short supply.

Port users are concerned that if the technology and infrastructure needed to support a zero-emission environment is not built out, the industry’s only recourse will be to cap cargo volumes at Los Angeles and Long Beach.

The contingency plans by the ports come as some ocean carriers are cutting off new export bookings ahead of the possible work stoppage and issuing surcharges for cargo en route to ports that may be closed on Oct. 1.

Higher-than-expected retail sales in stores and online last month helped increase truckload shipments, but excess capacity is keeping rates in a holding pattern.

The port, at the confluence of the Rhine and Ruhr rivers, is in the industrial heartland of Germany and a key transshipment point for intermodal cargo in Northern Europe.

The shippers were joined this time by a group of House Republicans, who in a separate letter warned of the “dire impacts” to the US economy from a possible port strike.

CSX and NS might see some more West Coast cargo routed through Chicago to Michigan and Ohio if there is an East Coast port strike, but trucking is likely to be the main beneficiary for cargo owners booking true coast-to-coast hauls.

An analysis of quarterly and monthly Labor Department data puts trucking employment at 2019 levels, and that could signal a quicker change in capacity if freight increases.

Hapag-Lloyd said in an advisory that ships were already waiting up to 60 hours to berth at Shanghai and up 48 hours to berth in Ningbo due to vessel bunching ahead of the storm.

Ports and ocean carriers are now figuring out the playbook for how to handle what would be the first strike to hit the US East and Gulf coasts in nearly half a century.

The MPV sector is seeing a period of stability in charter rates and cargo demand after a period of intense routing disruptions linked to the militant attacks on commercial shipping in the Red Sea.

Carriers tell the Journal of Commerce they would prefer to avoid a strike and the lengthy operational upheaval a stoppage would cause along the East and Gulf coasts, but unlike in the past, they feel no urgency to get a deal done, writes Peter Tirschwell.

Sustained demand for air cargo on the trans-Pacific and Asia-Europe trades and the promise of rising rates through the end-of-year peak are encouraging airlines to pull capacity from less-lucrative lanes.

The Biden administration is targeting textile and apparel goods moving via a duty-free program by proposing tariffs while seeking more data on sub-$800 shipments.

It’s a play by carriers to tempt NVOs with a reopened annual contract that, while higher than the deal they signed last spring, is still below current spot rates that have fallen from an early-summer peak.

DSV knocked the unions’ preferred bidder, private equity firm CVC Capital Partners, out of the race, but the forwarder’s bid now needs approval from the German parliament.

A soft freight economy and improved shipper scheduling and loading procedures are contributing to a decline in driver detention time, the American Transportation Research Institute says in a new study.

The report aims to bolster the case for heightened cyber-security efforts at US ports, which the congressmen who authored the report say are vulnerable to Chinese espionage.

The carrier this week unveiled a comprehensive network coverage plan, coupled with two slot-swap agreements, that it described as “independent, competitive and complete.”

Still, the buoyant mood of carriers contrasts with global forwarders that have low levels of exposure to e-commerce shipments and are under pressure to find capacity for traditional customers.

The railroad terminated Shaw’s employment after an internal investigation found he engaged in a relationship with the company’s chief legal officer in violation of NS policy.

For shippers fending off one supply chain shock after another, all the while trying to keep inventory and other supply costs in control, what is happening on the carrier front for them is yet another headache, and one not likely curable any time soon.

As supply-demand dynamics rapidly shift back to the shipper side, all general rate increases and peak season surcharges that have failed to take off since early August are now being pushed to October.

Seasonal demand for reefer containers on the north-south trade lane, combined with a surge in Brazilian beef exports, could lead to equipment scarcity by the year’s end, market watchers say.

As the threat of a US port strike approaches, the Biden administration must walk a particularly precarious line: Don’t upset union voters ahead of the presidential election while protecting the economy and an image of responsible economic stewardship.

Eight straight months of double-digit volume growth in global air freight markets has kept freighters full and flying at peak utilization, and continued demand is expected to outstrip available capacity through Q4 and beyond.

The Global Port Tracker now projects US imports this month will hit 2.31 million TEUs, up 14% from the same month a year ago; last month’s report expected the year-over-year increase for September to be 6.5%.

The revised service plan from partners Hapag-Lloyd and Maersk includes scenarios via both the Cape of Good Hope and Suez Canal, with a decision due next month on which option will be chosen when the alliance launches in February.

The US maritime regulator sees no reason to block the new vessel-sharing alliance run by Maersk and Hapag-Lloyd, but the agency’s head still has concerns about the deal.

Most of the investment will be allocated to expanding the container shipping division that aims to grow to 130 ships in the next five years.

Shipper-paid spot truckload rates out of Southern California rose 6 cents per mile in August from July, despite the national shipper-paid spot rate average falling 6 cents during the same period.

Spot rates from Asia to the US East Coast are dropping faster than in past years as carriers route discretionary shipments to the West Coast to avoid getting caught up in a threatened dockworker strike on the East and Gulf coasts.