Q4 MARKET UPDATE Stay informed about freight market conditions and other factors that can impact your supply chain. In this Market Update, we cover the following: Truckload, Less-Than-Truckload, Intermodal, and International (Ocean & Air). THIS ARTICLE COVERS Surprising trends on rejection levels Continued forecasting for capacity issues Parcel trends from 2021 MARKET UPDATE OVERVIEW Capacity […]
Archive for the ‘BLOG’ Category
LA-LB ports delay new container dwell fee, citing progress
The ports of Los Angeles and Long Beach have delayed by one week implementation of costly emergency fees on long-dwell containers as retailers rush to vacate those containers from the docks.
Reduced Asia factory output easing trans-Pacific spot rates
Electricity shortages slowing Chinese factory output and lowered production in Vietnam due to COVID-19 lockdown measures are providing a slight — and likely temporary — easing of short-term Asia–US container rates
Maersk confirms move into air freight.
Maersk has finally confirmed that it is using its cash-packed war chest to invest in air freight, much as rival CMA CGM has done.
Box Shipping Welcomes a New Vessel Class
A new standard boxship type has emerged from nowhere in 2021. Alphaliner, in its latest weekly report, details the sudden growth of the compact 7,000 teu ship. After years of barely any orders of mid-sized container tonnage, 2021 has seen orders flood in, coalescing around the 7,000 teu size, a new workhorse design for the […]
UP Suspends Receipt of Westbound Boxes at LA-LB Facility.
Union Pacific says its decision to temporarily suspend westbound container flow at its near-dock ICTF yard in Los Angeles–Long Beach is needed to re-establish eastbound–westbound container balance at the facility.
LA-LB Ports to Levy ‘Emergency’ Fees for Excessive Container Dwells
The Ports of Los Angeles and Long Beach will levy costly fees on containers with excessive dwell times in a bid to clear the mounting backlog of vessels at anchor off Southern California
Trucking Industry Now Short 80,000 Drivers
The trucking industry is now short at least 80,000 drivers, according to ATA Chief Economist Bob Costello, who on Oct. 20 raised the estimate of drivers needed from 61,500 in his annual findings
How Would You Address the Driver Shortage?
From improving the quality of life on the road to recognizing truck-driving as a lifestyle, supply chain leaders share the first thing they would do to address the truck driver shortage.
5 Significant Service Trends
Which services are shippers buying, and what does that say about the current supply chain landscape? Here are five trends based on shipper responses to our exclusive survey from 2016 to 2021.
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