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26
Jul
Evolving Freight Fraud: Challenges and Solutions
Freight fraud has become an all-too-familiar term in the transportation and logistics sectors in recent years. Although fraud has long been a challenge in the field, industry experts observe that these criminals have evolved alongside FreightTech, leaving supply chain participants […]
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22
Jul
Choosing Between LSP and 3PL: A Detailed Guide
In today’s fast-paced business environment, companies looking to outsource their logistics services face numerous choices. The decision often hinges on the specific services offered and the benefits, such as flexibility and customization, provided by the logistics partner. Two primary options […]
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19
Jul
Ocean Carriers Push Rates Higher Amid Tight Capacity on India Headhaul Trades
Ocean carriers operating on the larger head haul trades out of India have significantly increased rates in July due to a severe shortage of available vessel space. According to data from freight forwarders, spot booking prices from West India to […]
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01
Jul
Vessel Demand Surge Strains Capacity on Asia Export Routes
The current surge in demand for vessels on Asia’s export trade lanes is putting significant strain on available capacity, despite the substantial increase in new shipping vessels. According to Alphaliner, carriers have added almost 1.6 million TEUs of capacity this […]
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28
Jun
Slow Recovery in US Truckload and LTL Markets Expected Through 2025
The US truckload demand recovery is projected to stretch into 2025 and possibly 2026, as the market continues to grapple with excess capacity. This sentiment was shared by trucking analysts and economists at the 2024 SMC3 Connections conference. Avery Vise, […]
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28
Jun
Significant Changes in India-North America Trade Lane: New Services and Network Realignments
The India-North America trade lane, recognized by analysts for its long-term potential amid trade diversification in Asia, is on the brink of significant changes in its ocean network. Hapag-Lloyd is set to withdraw from the Indamex service, a joint operation […]
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27
Jun
Panama Canal Increases Ship Transits as Water Levels Normalize
The Panama Canal Authority (ACP) has announced an increase in the number of large ships transiting the canal, thanks to the recovery of freshwater reservoir levels. This improvement allows the canal to open additional booking slots for larger vessels starting […]
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24
Jun
US Truckload Spot Market Shows Signs of Recovery
The US truckload spot market appears to be approaching a significant inflection point, with the national average spot truckload dry-van linehaul rate experiencing a slight increase year-over-year for the first time in 27 months. As of Wednesday, DAT Freight & […]
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11
Jun
Canadian Border Workers’ Strike Delayed, Shippers Urged to Prepare
Plans for a possible strike by Canadian customs and border workers have been delayed, granting North American shippers more time to prepare for a potential disruption that could significantly slow freight shipments later this week, especially at truck border crossings. […]
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28
May
Adapting to Trucker-Controlled Chassis: Challenges for Chassis Providers and Railroads
Chassis providers and railroads are adapting their businesses to accommodate the increasing number of trucker-controlled chassis now competing for merchant haulage of ocean containers. While the Federal Maritime Commission (FMC) has ruled in favor of greater chassis choice, shippers and […]
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