News - page 23

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 […]

1:42 p.m. ET: Port of Mobile update Terminal gates at the Port of Mobile, in Alabama, are closed Monday with operations expected to resume Tuesday. Maersk Line reported no impact to its vessels or cargo. 1:05 p.m. ET: Widespread road […]

Logistics company sends in rescue teams, buys off warehouse personnel to retrieve shipments Desperate logistics service providers in Chicago are resorting to a number of new tactics, including bribery and undercover extraction missions, to avoid worsening congestion that is trapping […]

FedEx Freight caught a lot of flak when it suspended service to hundreds of accounts without notice in June, leaving shipments stranded and customers scrambling to find alternative transport in an extremely tight market. The less-than-truckload carrier aimed the embargo […]

The Port Los Angeles — America’s largest container gateway — looks destined to max out this peak season. In fact, it may be maxing out right now. The port’s throughput numbers for July were announced Tuesday. They were high, but […]

Chinese restrictions to control a spike in COVID infections have severely curtailed cargo operations at several airports and reduced crew availability, forcing airlines to cancel hundreds of flights as the peak shipping season kicks into high gear in a sector […]

LTL carrier Old Dominion Freight Line Inc. disclosed Tuesday that it has added three service centers and relocated three more centers to larger facilities. The new centers are in Benicia, California, between San Francisco and Sacramento; Phoenixville, Pennsylvania, about 30 […]

CEO says company taking hard line on shippers that weren’t paying enough TFI International’s dramatic improvement to the profitability of the former UPS Freight business came as the Canadian company began confronting the “low-hanging fruit” of the LTL carrier’s unprofitable […]