Archive for January, 2017

IATA, UNCTAD Collaborate to Boost Global Adoption of Cargo Messaging Standards

The International Air Transport Association (IATA) and the United Nations Conference on Trade and Development (UNCTAD) announced that IATA’s Cargo-XML messaging standard has now been fully integrated into ASYCUDA World, the UNCTAD automated customs management system used by 90 countries worldwide for their customs procedures.

Transports Put Up Strong Week Led By LTL And Container Shipping Line Companies

• Transports are now up 3.1 percent; whereas the SPY is up 2.4 percent. • President Trump and U.S.-Mexico issues continue to garner headlines. • Mexico indices and select individual companies performed strongly during the week. • Slower GDP growth for the fourth quarter isn’t such a bad thing; but getting the federal budget passed […]

US shippers paying more for truckload freight

Some of the largest US truckload carriers saw contract rates with shippers begin to rise in the fourth quarter, following the path marked by spot market rates starting in late spring. They expect rates to move higher in 2017, but in measured steps, not leaps and bounds. (This article requires registration at the Journal of […]

US truckers expect Trump-fueled rate bump

Trucking and logistics executives are optimistic, if not quite bullish, about the outlook for freight demand and pricing in 2017 and 2018. Encouraged by President Donald Trump’s plans for infrastructure spending and regulatory reform, as well as signs of an improving industrial economy, they are preparing for increases in shipments and tonnage later this year. […]

HMM stake puts Long Beach terminal on path to recovery

Hyundai Merchant Marine announced last Thursday it will buy 20 percent of a company part-owned by Hanjin Shipping that operates terminals in Seattle and Long Beach, in a move that may go some way to restoring the severely depleted flow of cargo through the California terminal. (This article requires registration at the Journal of Commerce. […]

5 Threats to Capacity in 2017

Overall, 2016 was a year of relatively loose capacity. Don’t count on the same for 2017. A number of looming factors could put a squeeze on capacity in the coming year. Here are five…

Outlook for Freight Activity Seen as Improved

Three measures of freight activity and spending were mixed, according to new figures, but the outlook for their performances has improved, according to Cass Information Systems.