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Category: Shipping


Shipping

How US military equipment for Ukraine is shipped across Atlantic

September 29, 2023

Via: FreightWaves

America has committed a massive sum — $43.7 billion and rising — toward military equipment for Ukraine. Simultaneously, the U.S. and NATO have ramped up their joint exercise, Operation Atlantic Resolve, in the wake of Russia’s invasion of Ukraine. For […]


Shipping

In soft market, Amazon and DHL maintain cargo flying with ATSG 

September 29, 2023

Via: FreightWaves

Air Transport Services Group is not feeling the contraction in air cargo shipping as much as other carriers despite express delivery customers streamlining flight activity in their networks, CEO Rich Corrado told investors this month. Amazon’s air logistics unit and […]


Shipping

One in five shippers satisfied with Logistics Service Providers

September 29, 2023

Via: Transportation Today

Only 20 percent of shippers are satisfied with the level of communication and visibility they receive from their Logistics Service Providers (LSPs), according to a recent survey Tive, an end-to-end shipment visibility solutions provider, conducted with FreightWaves. Many logistics professionals […]


Shipping

Plunging US Oil Supply Is Driving Up Prices Around the World

September 29, 2023

Via: Transport Topics

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East […]


Shipping

Low Water Levels on Mississippi River Delaying Barge Cargo

September 29, 2023

Via: Transport Topics

America’s crop exports are once again at risk due to a diminished Mississippi River. Months of dry weather and the hottest summer ever shrunk the vital channel that funnels barges of grain and soybeans from the Midwestern crop belt to […]


Shipping

UPS to Hire 30,000 Extra Drivers for Peak Season

September 27, 2023

Via: Transport Topics

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers. Atlanta-based UPS plans to hire more than 100,000 seasonal workers to meet […]


Shipping

Container shipping has a Europe problem and it’s getting worse

September 26, 2023

Via: FreightWaves

With all the attention on U.S. consumers and inventory levels, Europe’s importance to shipping lines can get lost in the shuffle. The Asia-Europe trade is pivotal to container shipping operators — and this trade is now under severe pressure. Judah […]


Shipping

Freight Brokers Adjust as Market Power Swings to Shippers

September 25, 2023

Via: Transport Topics

Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight. Fast forward to 2023. Now, it’s a struggle, […]


Shipping

3PLs gain many benefits by adopting sustainable business practices

September 20, 2023

Via: Transportation Today

Logistics companies are working to reduce emissions in freight and transportation services to help create a more sustainable supply chain and reap the many benefits that come along with making such a decision. Third-party logistics (3PLs) providers, for instance, are […]


Shipping

FMC asks shippers, transportation providers to weigh in on data initiative

September 19, 2023

Via: Transport Dive

The Federal Maritime Commission wants supply chain stakeholders to review and comment on the proposed processes and definitions identified in the Maritime Transportation Data Initiative (MTDI), according to a Request for Information shared on Aug. 16. FMC commissioner Carl Bentzel […]


Shipping

Accurate Transport begins Texas operations

September 15, 2023

Via: Transportation Today

New Jersey-based Accurate Transport, a regional transportation and logistics company, recently announced that its new terminal hub in Houston began full operation on Aug. 28. “We are thrilled to open our most advanced terminal hub yet, right here in Houston,” […]


Shipping

Supply Chain Reshaped: The Power of Digital Transformation in Logistics and Supply Chain

September 13, 2023

Via: Container News

Innovation drives entire industries forward as new feature-rich software solutions appear all the time. Numerous companies from the logistics industry are also undergoing a significant change nowadays. With the global digital transformation expenditure poised to soar to a staggering $3.4 […]


Shipping

UPS to raise tariff rates 5.9%, matching FedEx

September 7, 2023

Via: FreightWaves

UPS Inc. (NYSE: UPS) said late Thursday that it will raise 2024 tariff rates 5.9% on all air, ground and international services, effective Dec. 26. The move matches rival FedEx Corp. (NYSE: FDX), which announced a 5.9% increase late last […]


Shipping

Havila Shipping seals one-year MPSV extension with Reach Subsea

September 1, 2023

Via: Splash 247

Norwegian offshore vessel owner Havila Shipping has secured a charter extension from compatriot offshore contractor Reach Subsea for the multipurpose support vessel (MPSV) Havila Subsea. The existing contract for the 2011-built vessel, which lasts until the end of this year, […]


Shipping

Port of New York and New Jersey moves the most TEUs since October 2022

August 31, 2023

Via: FreightWaves

Peak season for the Port of New York and New Jersey has arrived. Not only did the port take the top spot for containers moved in July, but it was the port’s highest monthly total since October 2022. A total […]


Shipping

Shippers, carriers must work together to solve detention crisis

August 31, 2023

Via: FreightWaves

High detention times have plagued the industry for years. The impact that wait times have on carriers and drivers – including lost time, money and safety – are well documented. Shippers, however, continue to have misconceptions about wait times and […]


Shipping

UPS offers senior pilots buyout package to cut costs

August 31, 2023

Via: FreightWaves

UPS Inc. is offering pilots an early retirement package to reduce payroll amid declining package volumes. The integrated parcel and logistics giant confirmed Thursday it wants to trim senior pilots from its ranks, a day after communicating with the pilot […]


Shipping

New container block-train service launches between Thessaloniki and Skopje

August 29, 2023

Via: Container News

Thessaloniki Port Authority (ThPA) announced a new container block-train service between Thessaloniki and Skopje, the capital of the Republic of North Macedonia. At the same time, it marks the one-year anniversary of the railway link between Thessaloniki and Nis, Republic […]


Shipping

Florida lawmakers present $30M to Jaxport for new container cranes

August 28, 2023

Via: FreightWaves

Florida legislators have provided the Jacksonville Port Authority (Jaxport) in Florida $30 million to purchase two new container cranes for the Blount Island Marine Terminal at the Port of Jacksonville. Jaxport says the cranes will increase the port’s cargo handling […]


Shipping

Shipping ‘traffic jam’ at Panama Canal: Why it’s not a crisis (yet)

August 23, 2023

Via: FreightWaves

The widespread headlines on Panama’s drought and the traffic jam of ships at the canal sound ominous. Authorities at the Panama Canal Authority (ACP) have called this year’s water shortages an “unprecedented challenge.” Media coverage on the canal begets more […]