Category: Uncategorized

Truck parking a $100 billion inefficiency issue for US truckload industry: report Truck Parking Club commissioned a report to quantify the truck parking problem facing drivers and what costs trickle down to the rest of the industry. Go to journal of commerce

Melvin steps down as SC Ports chief Barbara Melvin was on the job for three years, with the Leatherman terminal dispute and capacity expansions taking up much of her tenure. Go to journal of commerce

Trans-Atlantic carriers limit capacity cuts despite ongoing rate weakness Just over 7,000 TEUs of capacity is scheduled to be withdrawn through blank sailings in September even as carriers increase their deployed capacity by 2%. Go to journal of commerce

Tariff-linked trade pattern shifts could offset impact of US port fees: OOIL The carrier said trans-Pacific services have been especially susceptible to the erosion of business and consumer confidence and the disruption to long-term planning caused by frequent shifts in US tariff policy. Go to journal of commerce

Tariff battle suppressing Chinese market for US soybean, meat exports US ag exporters say the ongoing trade standoff between Washington and Beijing has effectively shut them out of the key Chinese market, causing them to fear for their long-term survival. Go to journal of commerce

Charleston’s Leatherman terminal eyes second berth by late 2026 The announcement of Leatherman’s expansion comes as MSC looks to bring in more trans-Atlantic services to call the terminal. Go to journal of commerce

A sea of opportunities exists to swap transshipment for direct services With a global capacity surplus in the offing, or already biting, now is a great time to invest and move capacity off surplus trades, writes Jeremy Masters. Go to journal of commerce

MSC’s legal woes escalate in India after late-May ship capsizing The incident has sparked a wave of claim filings from individual shippers and state authorities against the world’s largest container carrier, resulting in arrest orders for as many as five sister ships thus far. Go to journal of commerce

Trans-Pacific spot market exposure drags down Zim’s Q2 earnings With 70% of its volume moving under spot rates, there was no escape from the volatile US-China tariff battle. Go to journal of commerce

J.B. Hunt reduces peak season surcharge on Southern California moves Domestic intermodal volumes have been stagnant on partner BNSF Railway out of Los Angeles, likely dulling the justification for the original $1,500 fee. Go to journal of commerce

US ports look to DOT to close big funding gap for project grants US ports want the federal government to increase the amount set aside for infrastructure grants in the DOT’s next budget, saying ports are an integral part of the nation’s road and rail network. Go to journal of commerce

Sharp rise in Hamburg first-half volume driven by growth in Asian, Baltic trade New carrier services improved connections between Hamburg and the Mediterranean, Middle East, Asia and India, while hinterland traffic has continued to develop. Go to journal of commerce

New TRAC offering reimagines pricing model for chassis use A new method for billing for chassis usage involves GPS technology and geofencing, something TRAC hopes will encourage truckers and cargo owners to build a resilient fleet of equipment. Go to journal of commerce

New API standard advances LTL billing transparency The NMFTA’s preliminary freight charges API helps notify shippers of changes to charges, including reweighing and classification, before delivery and final invoicing. Go to journal of commerce

Overhaul dives deeper into ‘part-level’ tracking with FreightVerify deal The acquisition will allow Overhaul to incorporate FreightVerify’s visibility data that helps shippers and logistics providers measure when freight is at risk while in transit. Go to journal of commerce

Truckstop.com acquires truckload factoring service Denim The deal comes as freight marketplaces and solutions providers look to expand their services to offer carriers, shippers and brokers end-to-end platforms. Go to journal of commerce

Slow-moving digitalization is threat to project sector progress, EPCs warn Fragmentation and systems that don’t “talk to each other” are holding back the effective use of data in the project cargo industry, stakeholders say. Go to journal of commerce

Intra-Asia carriers see H1 profits surge on higher freight rates, cargo volumes The upbeat results have led several carriers to invest in new tonnage, with vessels scheduled for delivery in 2027 and 2028. Go to journal of commerce

Xeneta expands shipping data footprint with acquisition of eeSea The all-Scandinavian takeover will combine data sources in a move designed to bring transparency and efficiency to how ocean freight is bought and sold, Xeneta CEO Patrick Berglund says. Go to journal of commerce

Shared-terminal operator rolls out AI-based gate security platform Outpost’s technology aims to answer key supply chain security questions and clarify visibility at terminal gates. Go to journal of commerce

US LTL rates still rising after muted response to shipment reclassification Less-than-truckload costs are up 7.3% year over year, according to the latest US data, but changes to the LTL classification system are adding little, if anything, to shipper rates. Go to journal of commerce