Name: Expanding Westward
Uploaded: May 8, 2024, 3:07 PM EDT
Description: IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice. TPM24, Long Beach, California Sponsored by IMC Logistics

IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice. TPM24, Long Beach, California Sponsored by IMC Logistics

<div class="phx-topic abstract-wrapper"><p>An initial flurry of activity will be followed by a drop in demand after e-commerce from China and Hong Kong no longer enjoys duty-free treatment, the head of the air cargo group tells the <i>Journal of Commerce</i>.</p></div>

An initial flurry of activity will be followed by a drop in demand after e-commerce from China and Hong Kong no longer enjoys duty-free treatment, the head of the air cargo group tells the Journal of Commerce.

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Prepare for period of ‘panic’ in trans-Pacific air cargo market: Tiaca

<div class="phx-topic abstract-wrapper"><p>But any shipper celebrations over potentially lower rates in a cooling market will be tempered by concerns about border congestion as US customs will now be tasked with processing millions of de minimis imports every day.</p></div>

But any shipper celebrations over potentially lower rates in a cooling market will be tempered by concerns about border congestion as US customs will now be tasked with processing millions of de minimis imports every day.

Air cargo braces for impact as US restores duties on Chinese e-commerce

<div class="phx-topic abstract-wrapper"><p>Price and volume increases are being seen across trans-Pacific and trans-Atlantic trade lanes, but there is little clarity on whether underlying demand is enough to prop up spot rates once the tariffs have been implemented. </p></div>

Price and volume increases are being seen across trans-Pacific and trans-Atlantic trade lanes, but there is little clarity on whether underlying demand is enough to prop up spot rates once the tariffs have been implemented.

New Trump tariffs spur rise in US-bound air cargo rates amid frontloading

<div class="phx-topic abstract-wrapper"><p>Air cargo operators out of Europe’s busiest airport will face at least a week of turmoil as airlines, forwarders and terminals start clearing the rapidly building backlog of freight when flight operations restart at midnight Friday.</p></div>

Air cargo operators out of Europe’s busiest airport will face at least a week of turmoil as airlines, forwarders and terminals start clearing the rapidly building backlog of freight when flight operations restart at midnight Friday.

Heathrow shutdown plunges air cargo supply chain into chaos

<div class="phx-topic abstract-wrapper"><p>The automotive sector is driving the unseasonably strong volumes as manufacturers expedite shipments from Europe to the US to avoid new duties coming in April.</p></div>

The automotive sector is driving the unseasonably strong volumes as manufacturers expedite shipments from Europe to the US to avoid new duties coming in April.

Trans-Atlantic air cargo demand surges ahead of US tariffs

<div class="phx-topic abstract-wrapper"><p>Although an agreement was reached on a greenhouse gas pricing measure, the Marine Environment Protection Committee meeting in London exposed deep divisions among member states on the way forward. </p></div>

Although an agreement was reached on a greenhouse gas pricing measure, the Marine Environment Protection Committee meeting in London exposed deep divisions among member states on the way forward.

IMO sets out path to decarbonize shipping after ‘contentious’ climate talks

<div class="phx-topic abstract-wrapper"><p>No matter one’s political viewpoint, the current tariff situation prevents importers and supply chain providers from making any medium- to long-term decisions related to investments or changes in sourcing patterns, writes Lars Jensen.</p></div>

No matter one’s political viewpoint, the current tariff situation prevents importers and supply chain providers from making any medium- to long-term decisions related to investments or changes in sourcing patterns, writes Lars Jensen.

On-again, off-again tariffs will disrupt decision-making for importers

<div class="phx-topic abstract-wrapper"><p>From an international supply chain perspective, the plan that could hit Chinese-made and -operated ships with fees in excess of $1 million per US port call could have impacts as profound as the current tariff controversy.</p></div>

From an international supply chain perspective, the plan that could hit Chinese-made and -operated ships with fees in excess of $1 million per US port call could have impacts as profound as the current tariff controversy.

USTR port fee proposal would open a ‘second front’ in trade war

<div class="phx-topic abstract-wrapper"><p>First-quarter carrier earnings are likely to be buoyed by high rates and strong demand that has spilled over from 2024, but tariffs, slowing volume and excess capacity are darkening the outlook for the rest of the year.</p></div>

First-quarter carrier earnings are likely to be buoyed by high rates and strong demand that has spilled over from 2024, but tariffs, slowing volume and excess capacity are darkening the outlook for the rest of the year.

US tariffs could help undo solid start to 2025 for ocean carriers

<div class="phx-topic abstract-wrapper"><p>A full evaluation of on-time performance will not be possible until July once the transition to the new deep-sea services has been completed, but data for February and March is positive for the Maersk/Hapag-Lloyd alliance.</p></div>

A full evaluation of on-time performance will not be possible until July once the transition to the new deep-sea services has been completed, but data for February and March is positive for the Maersk/Hapag-Lloyd alliance.

Gemini Cooperation holds early lead on ocean service reliability: analysts

<div class="phx-topic abstract-wrapper"><p>US and Canadian regulators have used different standards to determine whether chassis made by a Vietnamese supplier ran contrary to trade regulations directed at China.</p></div>

US and Canadian regulators have used different standards to determine whether chassis made by a Vietnamese supplier ran contrary to trade regulations directed at China.

Canadian regulators find Vietnamese chassis didn’t circumvent China duties

<div class="phx-topic abstract-wrapper"><p>The executive order signed Wednesday falls short of providing any details on the proposed port fee plan but directs stricter collection of existing harbor maintenance fees.</p></div>

The executive order signed Wednesday falls short of providing any details on the proposed port fee plan but directs stricter collection of existing harbor maintenance fees.

Trump signs order for US shipbuilding, but stays mute on port fees

<div class="phx-topic abstract-wrapper"><p>And the chilling effect of the tariffs is extending further down the calendar, with forwarders in the trans-Pacific saying US retailers are holding off making purchase orders with factories in Asia for fall and holiday merchandise for 30 to 60 days.</p></div>

And the chilling effect of the tariffs is extending further down the calendar, with forwarders in the trans-Pacific saying US retailers are holding off making purchase orders with factories in Asia for fall and holiday merchandise for 30 to 60 days.

Tariff uncertainty causes plunge in US cargo bookings at Asia load ports

<div class="phx-topic abstract-wrapper"><p>Cargo theft in trucking and on the rails has been a problem for years, but it’s getting harder to combat as criminals become more sophisticated in their tactics.</p></div>

Cargo theft in trucking and on the rails has been a problem for years, but it’s getting harder to combat as criminals become more sophisticated in their tactics.

Congress makes fresh attempt to target cargo theft in US

<div class="phx-topic abstract-wrapper"><p>AFS Logistics and TD Cowen are forecasting a decline in truckload pricing and moderation in the LTL market as shippers and carriers alike navigate a new trade reality. </p></div>

AFS Logistics and TD Cowen are forecasting a decline in truckload pricing and moderation in the LTL market as shippers and carriers alike navigate a new trade reality.

Trump tariff chaos restrains US truckload, LTL markets

<div class="phx-topic abstract-wrapper"><p>Inclement weather, the lingering effects of labor disruptions and a January surge in imports contributed to the fifth consecutive month of excessive rail dwells at Canada’s largest port.</p></div>

Inclement weather, the lingering effects of labor disruptions and a January surge in imports contributed to the fifth consecutive month of excessive rail dwells at Canada’s largest port.

Vancouver still dealing with extended rail container dwell times

<div class="phx-topic abstract-wrapper"><p>Damage from last fall’s Hurricane Helene continues to affect CSX’s operations in the Southeast, while the fast-tracking of construction work at Baltimore’s Howard Street Tunnel provides another challenge.</p></div>

Damage from last fall’s Hurricane Helene continues to affect CSX’s operations in the Southeast, while the fast-tracking of construction work at Baltimore’s Howard Street Tunnel provides another challenge.

CSX Q1 service metrics take hit amid storm recovery, tunnel project

<div class="phx-topic abstract-wrapper"><p>The $12 million investment in Cargado will be used to expand the load board with other tools for freight brokers to tap into cross-border freight growth.</p></div>

The $12 million investment in Cargado will be used to expand the load board with other tools for freight brokers to tap into cross-border freight growth.

Mexico potential leads investors to back cross-border load board

<div class="phx-topic abstract-wrapper"><p>Akshay Dodeja, founder and CEO of Terminal49, talks about what customers want, how AI should be used and where technology could take the industry.</p></div>

Akshay Dodeja, founder and CEO of Terminal49, talks about what customers want, how AI should be used and where technology could take the industry.

<div class="phx-topic"><p>Terminal49 was built on the development of software that helps to streamline drayage operations. Akshay Dodeja, founder and CEO of Terminal49, talks about what customers want, how AI should be used and where technology could take the industry.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Terminal49</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371367957112"></dynamic-object></div></div>

Terminal49 was built on the development of software that helps to streamline drayage operations. Akshay Dodeja, founder and CEO of Terminal49, talks about what customers want, how AI should be used and where technology could take the industry. TPM25, Long Beach, California Sponsored by Terminal49

Technology’s potential in logistics

<div class="phx-topic abstract-wrapper"><p>Jason Walker, regional head of contract logistics, North America, at Maersk, talks about how the company is reaching its goal of above 90% reliability and bringing sustainability to its operations.</p></div>

Jason Walker, regional head of contract logistics, North America, at Maersk, talks about how the company is reaching its goal of above 90% reliability and bringing sustainability to its operations.

<div class="phx-topic"><p>Maersk is focused on achieving above 90% reliability, a rather ambitious goal given recent geopolitical tensions and other uncertainties. Jason Walker, regional head of contract logistics, North America, at Maersk, talks about how the company is reaching that goal and bringing sustainability to its operations.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Maersk</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371364165112"></dynamic-object></div></div>

Maersk is focused on achieving above 90% reliability, a rather ambitious goal given recent geopolitical tensions and other uncertainties. Jason Walker, regional head of contract logistics, North America, at Maersk, talks about how the company is reaching that goal and bringing sustainability to its operations. TPM25, Long Beach, California Sponsored by Maersk

Homing in on high reliability

<div class="phx-topic abstract-wrapper"><p>NYSHEX CEO Gordon Downes reflects on last year’s wins, revisiting the idea of index-linked contracts and how NYSHEX is creating opportunities for customers.</p></div>

NYSHEX CEO Gordon Downes reflects on last year’s wins, revisiting the idea of index-linked contracts and how NYSHEX is creating opportunities for customers.

<div class="phx-topic"><p>Uncertainty can be hard on an industry that thrives on predictability, but it can also set the stage for opportunity and innovation. NYSHEX CEO Gordon Downes reflects on last year’s wins, revisiting the idea of index-linked contracts and how NYSHEX is creating opportunities for customers.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by NYSHEX</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6371363583112"></dynamic-object></div></div>

Uncertainty can be hard on an industry that thrives on predictability, but it can also set the stage for opportunity and innovation. NYSHEX CEO Gordon Downes reflects on last year’s wins, revisiting the idea of index-linked contracts and how NYSHEX is creating opportunities for customers. TPM25, Long Beach, California Sponsored by NYSHEX

Finding opportunity in uncertainty

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Video

<div class="phx-topic abstract-wrapper"><p>Joel Henry, CEO of IMC Logistics, delves further into the company's recent acquisition of American Pacific, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.</p></div>

Joel Henry, CEO of IMC Logistics, delves further into the company's recent acquisition of American Pacific, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.

<div class="phx-topic"><p>IMC Logistics recently finalized its acquisition of American Pacific, a move that extends its reach into California. Joel Henry, CEO of IMC Logistics, delves further into the deal, as well as his thoughts on the Federal Maritime Commission’s ruling on chassis choice.</p><p><i>TPM24, Long Beach, California</i></p><p><b>Sponsored by IMC Logistics</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6352544012112"></dynamic-object></div></div>

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