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Digital forwarder Forto has smashed through the $2 billion valuation barrier with a new round of funding that it will use to grow its presence in Europe and Asia.

Zim Integrated Shipping will offer the first US East Coast expedited vessel service as customers clamor for ways to avoid US West Coast congestion.

Double-digit increases in tonnage and volume at two of the largest less-than-truckload carriers in February reflect strong overall demand from US retail and industrial shippers.

Fifteen of the top 25 US truckload carriers grew their revenue by double-digit percentages in 2021, with their expansion fueled by acquisitions and new services.

Sea Lead Shipping joins other smaller, independent carriers stepping into the Asia-US East Coast trade lanes thanks to strong demand and high rates.

The Port of Charleston is opening Sunday truck gates and adding longer operating hours on other days in an attempt to clear its terminals of import containers and pare down the queue of vessels outside its harbor.

The land bridge rail network between Asia and North Europe, a popular alternative to ocean shipping, is now restricted as carriers suspend bookings to a key rail hub in Belarus.

The Port of Oakland and the Northwest Seaport Alliance have lent support to a Long Beach initiative designed to capture and make available container milestone information.

Speakers at TPM22 and TPM Tech made clear that although US import growth may have peaked last year, the resulting supply chain challenges aren’t letting up, and port congestion and disruption could bleed into 2023.

There will not be enough marine chassis produced to make a dent in the supply shortage until 2023 because of rising volume, longer street dwells, and supply chain slowdowns affecting manufacturers, panelists told TPM22.

The launch of a new Canadian Pacific service between Vancouver and Ashcroft Terminal serving Canadian Tire and agricultural exporters taps inland port potential.

E2open has made its fifth acquisition since 2018 with the addition of parcel fulfillment provider Logistyx as it seeks to ride e-commerce and small shipment growth for its customers.

P&O Maritime Logistics is moving into the container market to provide additional capacity in lower-volume, higher-frequency routes.

The fast-evolving sanctions against Russia have created growing uncertainty in shipping circles, with thousands of inbound containers that can’t be delivered likely to further clog Europe’s already-congested terminals.

As the July 1 expiration of the current contract looms, the lack of reassuring signals from labor and management against a backdrop of still-heavy port congestion is leading importers to begin to shift away from the West Coast.

DCLI will order 40,000 domestic chassis to be delivered in 2022 and 2023, as more trucking companies and US retailers buy their own 53-foot containers to use on rail.

While Antonov's smaller AN-124s continue to operate, restoring the behemoth AN-225 will take five years and cost more than $3 billion, according to the Ukrainian government's news outlet.

Upcoming labor contract negotiations between dockworkers and terminals on the US West Coast were on the minds of carrier executives at TPM22.

The supply of new chassis this year in the US will be insufficient to support the ongoing surge in container shipping demand, the CEO of Flexi-Van Leasing told TPM22.

As container lines pull back on inland point intermodal (IPI), US importers are rethinking their landside delivery plans and containerized freight is moving further inland before being deconsolidated.

Outgoing White House port envoy John Porcari told TPM22 that lasting improvements to US port performance will need more than just the short-term changes he helped implement.

Most of the world’s major carriers have now suspended shipments to and from Russia, severely restricting commercial maritime access to the country in the aftermath of its invasion of Ukraine.

FMC Chairman Daniel Maffei told TPM22 that container alliances appear to be responding to market demand and not unfairly jacking up ocean freight rates.

Wayfair was able to navigate the COVID-disrupted supply chain due to earlier moves to build an in-house end-to-end logistics offering, its co-founder and CEO told TPM22.

Growing truck queues are snarling operations at India’s main container port, raising the prospect of delays to both imports and exports and putting reefer shipments at risk.

Ocean carriers have dispatched larger ships to the North American West Coast to handle growing volumes, but that has only further reduced US berth productivity, attendees at TPM22 were told Monday.

The millions of open jobs that US employers are struggling to fill has led to significant wage inflation in the two years since the COVID-19 pandemic arrived on US shores, the former director of the National Economic Council told TPM22.

Dutch Customs is preventing terminals in the country from handling Russia-bound containers, while another carrier has suspended all bookings to Russia in the aftermath of Moscow's invasion of Ukraine.

More carriers are launching intra-Asia services to take advantage of surging freight rates in the region.

A reconfigured chassis pool will launch in 2023 covering three Southeast US ports, aiming to replace an aging fleet with new and refurbished chassis containing the latest technology and safety features.

On-dock automation and better analytical tools are helping linehaul LTL carrier Roadrunner cut transit times in 120 lanes as LTL shippers increase demand for speed, especially from ports.

While the schedule integrity of ocean carriers in January improved slightly to the West Coast, performance declined slightly to the East Coast and hit an all-time low globally.

The US Federal Maritime Commission and Department of Justice outlined additional resource sharing as part of their efforts to police container shipping.

For the second consecutive year, Union Pacific Railroad is putting surcharges on excess cargo and spot volume out of California and Washington to control the supply of domestic 53-foot containers and chassis.

Supply chain partners who share shipment data that is filed with US Customs via a common platform can help terminal operators build “peel-off” piles that help to reduce trucker turn times.

Ocean carriers have been bouncing ship calls between Savannah and Charleston due to the congestion affecting both ports, but the moves present a logistical challenge for exporters.

The Port of Long Beach’s $870 million Pier B On-Dock Rail project does nothing to address the fundamental flaws with on-dock loading and its design is already obsolete, says the co-founder of intermodal service provider Tiger Cool Express.

The Federal Maritime Commission is being urged to implement processes that would allow US shippers to easily get accurate data on ocean freight.

Ocean schedule reliability shows no signs of improving as two key services out of India plan to skip major ports in Europe and the US amid ongoing global congestion.

CMA CGM, the Port of Los Angeles, and US dairy exporters are touting the availability of more container capacity and improved schedule reliability.