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28
Mar
10 Trends Expected To Define Supply Chains and Shipping In 2023
1. Markets returning to normalcy Freeing up of capacity and tempering of freight rates has brought markets almost back to pre-Covid levels. The most obvious and visible trend gaining ground since the third quarter of 2022 was the decline in […]
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22
Mar
Florida-based Flagship Transport Abruptly Ceases Operations
Some 455 truck drivers who hauled freight under the banner of Flagship Transport LLC, a logistics holding company headquartered in Medley, Florida, say they have had no contact with company executives since last week, when they received text messages promising […]
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21
Mar
Labor Tensions Rise in Stalled West Coast Port Contract
Tensions in long-running contract talks at West Coast ports are worsening, with employers accusing unionized dockworkers of slowing cargo handling at the ports of Los Angeles and Long Beach, the nation’s busiest gateway for imported consumer goods. The sharp rhetoric […]
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16
Mar
US Truckload Rates Drop Sharply in February , but Not LTL Pricing
A 9.7 percent drop in the long-distance US truckload producer price index (PPI) in the first two months of 2023 shows shippers are winning rate concessions from motor carriers that are rolling back some, although not all, of the surface […]
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15
Mar
Globalization Not Going Into Reverse, Annual Index Finds
Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh. The 10th annual DHL Global Connectedness Index, released Wednesday by Deutsche Post DHL Group (OTCUS: DPSGY) and New York University’s Stern School of Business, […]
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14
Mar
Maersk Shifts Detention Billing to Consignee Ahead of FMC Regulation
Maersk will begin billing container detention charges directly to consignees on so-called merchant haulage moves from April 1 in a move that portends evolving invoicing practices related to potential new requirements from the US Federal Maritime Commission (FMC). “With the FMC’s […]
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12
Mar
Borderlands: Mexico Starts 2023 as Top US Trade Partner
Mexico starts 2023 as top U.S. trade partner Mexico ranked as the United States’ top trading partner for the second consecutive month in January, according to the most recent data from the U.S. Census Bureau. Mexico’s total trade with the U.S. increased […]
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03
Mar
New U.S. Customs Anti-Forced Labor Tool Will Require Submission Of Chinese Supplier Postal Codes
Xinjiang Province Postal Codes Will Trigger Forced Labor “Warning Message” On January 26, 2023, U.S. Customs and Border Protection (“CBP”) provided more detail on its imminent implementation of another tool to detect potential forced labor imports into the United States. […]
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27
Feb
Idle domestic containers being stacked as intermodal volumes tumble
North American railroads are continuing to struggle to win domestic intermodal business from shippers, with volumes falling sequentially in eight out of the last 10 months, according to the Intermodal Association of North America (IANA). Preliminary data for February indicates […]
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23
Feb
US truck tonnage levels better than expected in January
US for-hire truck tonnage is slipping from month to month, but remains higher than expected in a freight recession, according to the latest data from the American Trucking Associations (ATA). The non-seasonally adjusted ATA For-Hire Truck Tonnage Index dropped 0.4 […]
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