The testimony comes as two House members prepare legislation designed to update OSRA-22 and another congressman restarts an effort to remove the antitrust immunity of ocean carriers.
Forwarders that experimented with new software during the days of robust freight demand now face a dilemma over what technology produces actual returns on investment as volumes and margin shrink.
Ongoing uncertainty over longshore labor on the West Coast is disrupting the long-term relationships US agricultural exporters have worked to establish with their overseas buyers.
The legislation also aims to provide a boost for US exporters by prioritizing getting their products into foreign markets and better defending them against container rate increases and detention and demurrage fees.
Recovering US supply and lower shipping costs are benefiting resin exports, but the uncertain forecast for the global economy makes the outlook for more growth a guessing game.
German unions demanding inflation-busting wage increases walked off the job Monday, bringing the country’s transport system to a halt.
US Federal Maritime Commission Chairman Daniel Maffei went before Congress Thursday to field questions about the agency’s budget, slow-going rulemaking, and whether new amendments are needed for shipping reform.
For carriers, accelerating the shift from existing fuel oil to a low-carbon fuel alternative could bring cost-saving benefits, according to Longspur Capital.
Intermodal providers say they are struggling to bring 53-foot containers into UP’s terminals in Chicago and nearby Joliet, causing delays of several days to move cargo to the West Coast.
Mississippi’s Gulfport is looking to add more container handling capability with Ports America planning to redevelop a shuttered terminal for cargo handling.
Ahead of a June deadline to issue new rulemaking on detention and demurrage billing, the Federal Maritime Commission is seeking clarity from carriers and terminals about billing shippers when container pickups and drop-offs are not possible.
The Scan Baltic to USA service, which will begin calling Jaxport in late April, marks the port's second trans-Atlantic service and fifth container service.
Maersk in April will stop collecting detention and demurrage fees on days terminals are closed and shippers can’t pick up or drop off containers, a move yet to be followed by competing ocean carriers.
New operator Swire grows its fleet and gears up to move cargo for the busy Australian minerals and energy markets.
Knight-Swift, the largest US truckload provider, will substantially expand its reach and scalability for shippers with the purchase of U.S. Xpress, the country’s ninth-largest truckload carrier.
MPV and heavy-lift vessel owners need clarity on emissions, alternative fuels, and regulations before committing to new vessel schemes.
With ‘every dollar under scrutiny,’ FedEx Freight is squeezing its trucking division, gaining financial improvements that better position the carrier for the next economic rebound.
In addition to long-haul passenger aircraft with significant belly freight capacity coming back into service to capture growing travel business, several airlines are adding freighters to the major trade lanes.
Breakbulk industry executives warn new rules aimed at reducing vessel emissions could incentivize vessel operators to implement measures that increase emissions in other areas of the supply chain.
The independent equipment providers say upending the current business model would create additional chassis shortages and invoicing problems that would inconvenient cargo owners.
