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Daily Archives: January 9, 2023

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Roadrunner expedites West Coast-to-Chicago service to meet inland demand

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 9, 2023

The largest US point-to-point LTL carrier is speeding service from Southern California to Chicago, reducing the transit time to one to three business days as demand for velocity remains high.

Continue ReadingRoadrunner expedites West Coast-to-Chicago service to meet inland demand

Tight supply to keep warehousing costs rising despite slower freight growth

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 9, 2023

The rapid expansion of US industrial real estate is expected to slow in 2023 as warehouses are completed, capital costs rise, and the US economy slows, but capacity isn’t going to suddenly flood the market.

Continue ReadingTight supply to keep warehousing costs rising despite slower freight growth

Double-digit US import declines to accelerate through spring: retailers

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 9, 2023

US retailers now forecast double-digit year-over-year declines in imports for each month through May as the eastbound trans-Pacific trade returns to pre-pandemic cargo volumes.

Continue ReadingDouble-digit US import declines to accelerate through spring: retailers

Issuance of Venezuela-related General License and Amended Frequently Asked Questions

  • Post category:Export/OFAC
  • Post author:OFAC RSS Feed
  • Post published:January 9, 2023

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 31B, "Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons."  OFAC is ...

Continue ReadingIssuance of Venezuela-related General License and Amended Frequently Asked Questions

Issuance of Venezuela-related General License and Amended Frequently Asked Questions

  • Post category:Export/OFAC
  • Post author:OFAC RSS Feed
  • Post published:January 9, 2023

The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Venezuela-related General License 31B, "Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons."  OFAC is ...

Continue ReadingIssuance of Venezuela-related General License and Amended Frequently Asked Questions

Asia-Europe capacity cuts lag market slowdown: analysts

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 9, 2023

With little sign of booking increases on the Asia-Europe trade ahead of Chinese New Year, analysts believe carriers will be oversupplied with capacity unless further cuts are made.

Continue ReadingAsia-Europe capacity cuts lag market slowdown: analysts

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January 2023
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