by Jon Sabel | Mar 16, 2023 | Market Reports
Rate & Market Information Transpacific market remains quite in Feb and March. Spot rates to both coasts continue to drop below pre-pandemic level. Carriers’ blank sailings continue causing service disruption, booking uncertainties and delays in departure dates. ...
by Jon Sabel | Mar 8, 2023 | Industry News, Supply Chain Roundup
This week: Dropping intermodal cargo volumes is leading providers to stack containers as there is not enough freight to fill boxes The ILWU and PMA release a joint statement regarding contract negotiations Southeast and Gulf Coast ports expect to see increased...
by Jon Sabel | Feb 22, 2023 | Industry News, Supply Chain Roundup
This week: Nine of the ten largest global carriers have signed an agreement to transition to using electronic bills of lading as part of the DCSA’s initiative to standardize container line processes Flatbed trucking activity and spot rates rise in Gulf Coast and...
by Jon Sabel | Feb 15, 2023 | Industry News, Supply Chain Roundup
This week: The FMC begins an investigation into carrier’s potentially unreasonable surcharges sent to shippers Spot truckload rates rise on the East Coast as they drop on the West Coast February US import projections reach their lowest levels since May 2020 Import...
by Jon Sabel | Feb 9, 2023 | Industry News, Supply Chain Roundup
This week: After the import surges of 2022 and the transition of cargo to East Coast ports, the East Coast is still seeing elevated cargo volumes while the West Coast dips back to pre-pandemic volumes Trans-Pacific schedule reliability to continue improving through...