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Trans-Pac spot rates edge higher amidst heightened regulatory scrutiny

[caption caption="The West Coast spot rate Friday edged up 1.4 percent to a record-high $3,867 per FEU, and the East Coast spot rate increased 2.2 percent to $4,634. Photo credit: Shutterstock.com."][/caption]Container spot rates in the eastbound trans-Pacific continued their record-breaking two-month-long climb this week, even as carriers were notified by...

Port of Virginia resumes Saturday gate hours at VIG

[caption caption="Virginia Port Authority CEO John Reinhart said that restoring Saturday hours through late November is a signal that cargo volumes have bounced back much sooner than he anticipated in the spring and will hopefully remain strong through the peak season. Photo credit: Mariusz Bugno/Shutterstock.com."][/caption]The Port of Virginia has reopened...

CSX service deteriorates at Georgia, Florida terminals

[caption caption="Drivers have complained that service in CSX's Fairburn and Winter Haven intermodal terminals has worsened as container traffic rises. CSX said it's working with channel partners to resolve any persistent issues. Photo credit: Shutterstock.com."][/caption]Trucking carriers and intermodal marketing companies (IMCs) say CSX Transportation’s service has deteriorated since early July...

Time for a new chassis model in the US

Recently, I have found myself in a place in life that I have not been in 40 years. Unemployed. From the age of 14, washing dishes at the Mount Washington Hotel in New Hampshire, I have worked every year of my life and even put myself through college while simultaneously...

Capacity cuts at large US truckload providers deepen in Q2

[caption caption="Capacity at the large, publicly owned carriers tracked by JOC.com dropped 4.4 percent year over year in the second quarter, contributing to tight capacity in the third quarter. Photo credit: Werner Enterprises."][/caption]Large US truckload carriers cut further into their truck counts, reducing their capacity in the second quarter, according...

JOC Study: Outsourced payment leads to lower processing costs for shippers

[caption caption="Larger shippers are more likely to outsource some component of the audit or payment process and have access to products that provide longer payment terms, respondents told the JOC. Photo credit: Shutterstock.com."][/caption]Shippers that outsource some element of their freight audit and payment (FAP) process have lower average invoice processing...

High-yield trans-Pacific siphoning available containers: forwarders

[caption caption="US imports from Asia in August increased 13.4 percent compared with the same month last year, and were up 16.5 percent from mainland China, leaving equipment in short supply. Photo credit: Shutterstock.com."][/caption]Container shortages are intensifying across Asia as “almost all” available container equipment is redirected towards China to serve...

Port Focus Podcast: Long Beach Lessons

Sponsored: In conversation with JOC Senior Content Editor Alessandra Barrett, the Port of Long Beach's Deputy Executive Director and COO Dr. Noel Hacegaba discusses COVID-19 challenges to operations and the specific strategies the port has taken to evolve with the changing cargo landscape.The Journal of Commerce and JOC.com are part...

Maersk no longer taking empties at Felixstowe as congestion grows

[caption caption="Forwarders are facing severe disruption to their supply chains amid mounting congestion at the UK"][/caption]Maersk Line has stopped accepting empty containers at the UK hub of Felixstowe as a surge in peak season volume and reduced productivity at the port leads to mounting congestion. In an advisory to customers...

FMC tells trans-Pac carriers it’s monitoring blankings, ‘revenue trends’

[caption caption="Wednesday’s FMC announcement followed an announcement Friday by mainland China’s MOT suggesting that trans-Pacific carriers be less aggressive in raising freight rates. Photo credit: Shutterstock.com."][/caption]The US Federal Maritime Commission (FMC) has served notice to carriers and vessel-sharing alliances that it is closely monitoring blank sailings, utilization of equipment, and...

Pyle’s Hagerstown IDC sets stage for Virginia expansion

[caption caption="A. Duie Pyle has brought furloughed employees back to work and said it is “aggressively hiring”. Photo credit: A. Duie Pyle."][/caption]Regional less-than-truckload (LTL) carrier A. Duie Pyle is strengthening its next-day network with the opening of an integrated distribution center (IDC) near Hagerstown, Maryland. The move will create more...

A&R Logistics opens SC resin packaging plant ahead of schedule

[caption caption="A&R Logistics built the new 615,000 square-foot plant served by CSX Transportation in Moncks Corner, South Carolina, about 30 miles from the Port of Charleston. Photo credit: A&R Logistics."][/caption]A&R Logistics opened up its new resin packaging plant in South Carolina this week and is readying to occupy another in...

JOC Uncharted: Small shippers flocking to freight marketplaces during COVID-19

[caption caption="Small shippers have an avenue to secure ocean capacity in a more streamlined way through freight marketplaces, especially when those platforms are connected directly to e-commerce enablement sites. Photo credit: Shutterstock.com."][/caption]Logistics marketplaces have a role to play in helping small cargo owners handle the physical transport of goods associated...

US SE ports see uneven volume rebound in August

[caption caption="The Port of Savannah not only set a new record for volume in August, but also increased intermodal rail traffic 1 percent year over year, including a 8 percent rise in imports to Memphis and 25 percent rise of exports from Memphis on rail. Photo credit: Ari Ashe."][/caption]Container volumes...

DOT funds to boost upgrades at Charleston, Everett

[caption caption="The South Carolina Ports Authority won a $21.6 million federal grant, covering almost half the cost of planned improvements to its Ridgeville Commerce Park. Photo credit: Shutterstock.com."][/caption]The Port of Charleston plans to better manage containers and chassis traffic near Walmart’s planned distribution center there. Washington’s Port of Everett will...

Mundra congestion compounds India’s lingering COVID-19 woes

[caption caption="India’s Mundra Port handled 424,714 TEU in July, up 21 percent from 350,072 TEU in June. Photo credit: Adani Group."][/caption]Severe congestion at India’s prime container harbor, Mundra, is pushing back shipper efforts to clear order backlogs created during COVID-19 lockdowns and seize resurgent growth opportunities presented by evolving global...

Convoy seeks to reshape annual truckload bid process

[caption caption="A range of truckload technology-oriented companies, from early stage to incumbents, are urging shippers to move away from cumbersome annual procurement events. Photo credit: Shutterstock.com."][/caption]Freight broker Convoy on Thursday said it is offering shippers a chance to secure guaranteed capacity for priority truckload freight by agreeing to a fixed...

Forward Air expands final-mile reach in 14 markets

[caption caption="Forward Air is expanding its final-mile business through acquisition, as e-commerce demand rises. Photo credit: Shutterstock.com."][/caption]Expedited less-than-truckload (LTL) operator Forward Air is acquiring CLW Delivery, a privately owned last-mile delivery company, expanding its final-mile logistics business into 14 new markets as e-commerce volumes rise. Forward will pay $5.5 million...

German truckload broker acquires Uber Freight’s Europe business

[caption caption="Consolidation in the digitally native brokerage space has been ramping up in Europe over the summer. Photo credit: Shutterstock.com."][/caption]German early stage truckload broker Sennder has acquired Uber Freight’s European business unit in an all-stock deal to bolster its growth and eliminate a potential competitor, the company’s managing director told...

Chinese shipping regulators flex muscles to protect exporters

[caption caption="Unlike European and US maritime regulators, China can have a swift impact on the market when it sees its interests threatened (Port of Shanghai pictured). Photo credit: Shutterstock.com."][/caption]The move by Chinese authorities to suggest that container lines add capacity on the trans-Pacific trade and less aggressively increase rates is...