Pacific Blank Sailings, Longshore Negotiations, and More News
This week: Air freight demand out of Asia drops, bringing some spot rates lower than contract rates Ocean blank sailings remain unchanged from last year in the face of high capacity and lower demand Domestic supply chains will overcome chassis shortage next year ...
India-US Trade Surge, OSRA-22 Underperformance, and More
This week: The USA becomes India’s top trading partner as India-US trade activity surges Rhode Island District Court rules against truck-only tolls Spot rates increase in the trans-Atlantic market due to port congestion OSRA-22 noncompliance continues to erode...
US Rail Strike Averted
Freight rail workers in the United States have agreed not to strike, avoiding the disruption of the movement of goods across the country. The National Carriers’ Conference Committee announced tentative agreements with three unions representing the...
Delays from Typhoon Hinnamor and More Industry News
This week: Changing trade patterns and increases in online grocery shopping increase demand for additional US cold storage facilities, supporting additional construction projects already planned or underway US imports will continue to drop for the rest of the year....