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Daily Archives: January 13, 2023

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MPV rates slump as breakbulk moves back to container sector

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 13, 2023

Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects.

Continue ReadingMPV rates slump as breakbulk moves back to container sector

Estes Express plans near-port expansion as new generation takes charge

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 13, 2023

The largest US family-owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office. 

Continue ReadingEstes Express plans near-port expansion as new generation takes charge

Estes Express plans near-port expansion as new generation takes charge

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 13, 2023

The largest US family-owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office. 

Continue ReadingEstes Express plans near-port expansion as new generation takes charge

Maersk inks new deals as decarbonization drive continues

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 13, 2023

Decarbonizing its entire business by 2040 requires collaboration across Maersk’s global supply chain, pushing the carrier to sign partnerships in strategic areas to achieve its net-zero ambitions.

Continue ReadingMaersk inks new deals as decarbonization drive continues

New services, West Coast labor talks push NY-NJ into top US port spot

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 13, 2023

The growth at the Port of New York and New Jersey was accompanied by persistent container and vessel backlogs and truck congestion, but volumes are expected to taper off in 2023.

Continue ReadingNew services, West Coast labor talks push NY-NJ into top US port spot

Europe string reinstates South India rotation after schedule disruptions

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 13, 2023

The IEX service’s nine-vessel routing has experienced serious reliability challenges since early last year amid the pandemic-linked port flow turmoil.

Continue ReadingEurope string reinstates South India rotation after schedule disruptions

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