News - page 19

Transportation executives wrestling with the supply-chain gridlock that is frustrating U.S. importers say the ability to clear the bottlenecks rests largely on a simple piece of steel and wheels that has long been an afterthought in global shipping. The trucking […]

Increased use of airfreight by shippers trying to avoid clogged ports is adding pressure to overtaxed air capacity and sharply pushing up rates, especially out of Asia, but new data showing demand plateaued in October reinforces evidence that the traditional […]

Evidence is mounting that 2022 could be an annus horribilis for UPS Inc. shippers. Atlanta-based UPS said last week it will raise its 2022 U.S. tariff, or published, rates by 5.9%, effective the day after Christmas. However, the increase affects a […]

Effective Nov. 1, FedEx will suspend the guarantee on nine air services, with three being international flights to and from the U.S., according to a post on its website. The guarantees will be restored on Jan. 16, FedEx said. This coincides […]

This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works […]

There were signs of a silver lining finally beginning to appear for beleaguered US shippers this week, after the spot container freight rates to both the west and east coast showed a second week of declines on the Freightos Baltic […]

Trailer availability is the trucking industry’s biggest challenge over the next several quarters, transport CEOs said at the Council of Supply Chain Management Professionals Edge 2021 conference in Atlanta Monday. It’s yet another hurdle for the trucking industry that’s already […]

The latest figures from the Baltic Air Freight Index (BAI) sees average spot rates on PVG to North America rising a further 4% this week to US$11.43 per kilo, up from last week’s already exceptionally high level of  $10.98, while […]

The number of container ships at anchor or drifting in San Pedro Bay off the ports of Los Angeles and Long Beach has now blown through all previous records and is rising by the day. There were an all-time-high 65 […]

Chart of the Week: Inbound Ocean TEUs Volume Index, Outbound Tender Volume Index – USA  SONAR: IOTI.USA, OTVI.USA Maritime bookings represented by the Inbound Ocean TEUs Volume Index (IOTI) show a 40% increase over the past two weeks, the strongest spike in […]