Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Is the economy still healthy? Are people still making things, shipping things, and buying things? According to the railroad car data, the answer is a definitive “Yes.”
Companies are increasingly being asked to pay for damages to equipment, even when they are not at fault, according to a national survey conducted by TCompanies.
SONAR’s OTVI.LAX is clearly indicating that the strength in the inbound loaded container flow out of the Long Beach/LA port is continuing and gathering momentum.
Indices are clearly signaling that the container volume coming in through the Long Beach/LA port is surging and bodes well for the holiday shopping season.
The World Trade Organization (WTO) has downgraded its outlook for global trade this year and next, citing tighter credit market conditions and escalating trade tensions as the main drivers.
The ports of LA and Long Beach witness a fall in imports due to upcoming tariffs; Hurricane Florence is now a Cat 2 storm; California passes bill that would make its electricity carbon-free by 2045.
Steam Logistics, one of the fastest growing companies in the United States, is a young Chattanooga-based international freight forwarder on a mission to bring an unprecedented level of customer service to ocean and air freight.
CargoX used a smart contract-powered bill of lading to reduce transfer and payment times to four minutes. FreightWaves spoke with CargoX’s CEO Stefan Kukman by phone.
SONAR’s new index shows the cost difference for Asian exporters moving goods into East Coast or West Coast ports. When combined with trucking spot prices, the Panama spread helps explain recent shifts in trade flows.
Elon Musk said that Saudi Arabia wants to buy Tesla; The New York Times wakes up to the driver pay issue; Amazon touts its private label brands ahead of the holiday season; lidar maker Quanergy appears to be struggling; Chicago’s mysterious surge in turndowns.
FreightWaves visited the completely automated APM Container Terminal at the Port of Rotterdam, which is faster, safer, and doesn’t lose boxes like a human-staffed terminal.
China wants to consolidate the Asia-North America container trade and drive supply chain efficiencies by operating a container terminal in Long Beach, but national security concerns may scuttle the COSCO-OOCL merger.
Eastbound containers and westbound LNG drove record Panama Canal volumes in May. Last month was the third time the canal has broken tonnage records since the expansion was completed in 2016.
The summer surge of freight hit the West Coast ports and is working its way through the national network. Now it’s Dallas’ turn to blow up: its outbound tender rejection index is outperforming the national average by 60% over the past three months.
Shippers and trucking companies can be charged high fees and detention costs by cargo lines and marine terminal operators for not picking up loads on time, but the Federal Maritime Commission is now going to investigate that practice.
The CEO of Maersk says that in 3-5 years, Maersk will be competing with UPS and FedEx, and recognized as one of their peers. But what’s the strategy?
Dubai Ports World will build new inland ports in two Indian states to handle increased container traffic coming into that nation’s ports.
“We’ve spent much of this decade working with business partners to build out the cargo delivery platform our customers want and in 2018 we’re putting it to work,” said Port of Oakland CEO Chris Lytle
