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US LTL carriers look past downturn by expanding for next rebound

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 27, 2023

The promise of economic improvement in the second half of this year and 2024 has LTL trucking companies adding terminals, doors, and services despite the current slowdown.

Continue ReadingUS LTL carriers look past downturn by expanding for next rebound

US LTL carriers look past downturn by expanding for next rebound

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 27, 2023

The promise of economic improvement in the second half of this year and 2024 has LTL trucking companies adding terminals, doors, and services despite the current slowdown.

Continue ReadingUS LTL carriers look past downturn by expanding for next rebound

Investors fuel drayage software provider PortPro with $12 million in funding

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 27, 2023

Investors see drayage as an area rife for technological improvement, with software provider PortPro the latest startup to secure funding to empower port truckers.

Continue ReadingInvestors fuel drayage software provider PortPro with $12 million in funding

NY-NJ marine terminals offering up more data to improve truck flow

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 27, 2023

Last year’s container surge prompted a harder look at information sharing for container availability and port operations, which New York-New Jersey marine terminals are responding to with new data.

Continue ReadingNY-NJ marine terminals offering up more data to improve truck flow

ILWU ‘sending message’ to West Coast terminals as contract talks drag on

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 27, 2023

West Coast stakeholders are speaking up against the ILWU, saying contract-related job actions taken by longshoremen are impeding their ability to take delivery of containers at key ports.

Continue ReadingILWU ‘sending message’ to West Coast terminals as contract talks drag on

Sealand, Hamburg Sud names to disappear in broad Maersk rebranding

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 27, 2023

Maersk’s move to integrate brands comes days after the carrier and Mediterranean Shipping Co. announced plans to end their 2M alliance and the recent appointment of a new A P Moller - Maersk executive board that starts work on Feb. 1.

Continue ReadingSealand, Hamburg Sud names to disappear in broad Maersk rebranding

Project cargo outlook brightening for Port of New Orleans

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 27, 2023

Even as breakbulk volumes ebb from their pandemic highs, several mega-projects planned for South Louisiana are expected to keep project cargo moving at the Port of New Orleans.

Continue ReadingProject cargo outlook brightening for Port of New Orleans

Truckers urge single appointment system across Southern California port complex

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 26, 2023

As federal and state laws aim to make per-diem charges more transparent, California trucking groups say a unified appointment system across the Los Angeles and Long Beach port complex would go a long way toward that goal.

Continue ReadingTruckers urge single appointment system across Southern California port complex

FourKites aims to turbocharge shipper analytics efforts

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 26, 2023

The need for shippers to contextualize freight status data led visibility provider FourKites to build a data connectivity tool for enterprise shippers.

Continue ReadingFourKites aims to turbocharge shipper analytics efforts

FourKites aims to turbocharge shipper analytics efforts

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 26, 2023

The need for shippers to contextualize freight status data led visibility provider FourKites to build a data connectivity tool for enterprise shippers.

Continue ReadingFourKites aims to turbocharge shipper analytics efforts

Bridge repair along UP’s LA/LB-Midwest network nearing completion

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 26, 2023

The approximately 72-hour repair on a bridge in New Mexico would appear to mitigate what could potentially have been a major disruption for UP’s international and domestic intermodal shippers.

Continue ReadingBridge repair along UP’s LA/LB-Midwest network nearing completion

Consistent vessel service key to Port NOLA cargo recovery: officials

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 26, 2023

After a 2022 in which skipped calls dragged down volumes at the Port of New Orleans while neighboring Gulf Coast gateways saw booming import growth, officials are hoping a return to steady vessel schedules will help entice shippers back to the port.

Continue ReadingConsistent vessel service key to Port NOLA cargo recovery: officials

Consistent vessel service key to Port NOLA cargo recovery: officials

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 26, 2023

After a 2022 in which skipped calls dragged down volumes at the Port of New Orleans while neighboring Gulf Coast gateways saw booming import growth, officials are hoping a return to steady vessel schedules will help entice shippers back to the port.

Continue ReadingConsistent vessel service key to Port NOLA cargo recovery: officials

Cargo lull in 2023 will allow NY-NJ to improve fluidity: port chief

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 25, 2023

The director of the Port of New York and New Jersey has laid out priorities for 2023 that she says will ensure its future growth and ability to maintain market share.

Continue ReadingCargo lull in 2023 will allow NY-NJ to improve fluidity: port chief

Freightos goes public on NASDAQ in first measure of logistics tech value

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 25, 2023

Freightos’ public listing on the NASDAQ will be the first test of how public investors value one of the more prominent logistics technology companies to emerge over the past decade.

Continue ReadingFreightos goes public on NASDAQ in first measure of logistics tech value

Freightos goes public on NASDAQ in first measure of logistics tech value

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 25, 2023

Freightos’ public listing on the NASDAQ will be the first test of how public investors value one of the more prominent logistics technology companies to emerge over the past decade.

Continue ReadingFreightos goes public on NASDAQ in first measure of logistics tech value

MSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 25, 2023

The move raises questions whether the carriers will seek new alliance partners, potentially setting off another round of musical chairs involving the other two networks, THE Alliance and the Ocean Alliance.

Continue ReadingMSC, Maersk to end 2M Alliance amid divergent strategies on ocean capacity

Hapag-Lloyd buys large stake in Indian ports operator J M Baxi

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 25, 2023

Hapag-Lloyd’s focus on port-to-port shipping includes pursuing ownership stakes in marine terminal operations, with the acquisition of a 40 percent share of Indian ports operator J M Baxi the latest example.

Continue ReadingHapag-Lloyd buys large stake in Indian ports operator J M Baxi

US spot flatbed capacity rising as housing starts, manufacturing decline

  • Post category:JOC
  • Post author:Journal of Commerce
  • Post published:January 25, 2023

Demand for flatbed trucks on DAT Freight & Analytics’ spot load boards is at a seven-year low for January, creating excess capacity that is keeping pressure on rates. 

Continue ReadingUS spot flatbed capacity rising as housing starts, manufacturing decline

WiseTech makes US drayage play with acquisition of Envase

  • Post category:JOC
  • Post author:Journal of Commerce | Maritime
  • Post published:January 25, 2023

WiseTech Global, owner of the most widely used forwarding software product, has acquired a prominent vendor of drayage management software, capping a year of takeovers for the company.

Continue ReadingWiseTech makes US drayage play with acquisition of Envase
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