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Shipping

CMA CGM revises surcharge from North Europe to Med, Adriatic, Black Sea and North Africa

February 23, 2024

Via: Container News

French ocean carrier CMA CGM has announced a revision of the Peak Season Surcharge (PSS) from North Europe to the Mediterranean, Adriatic, Black Sea and North Africa. Effective from 15 March 2024 (loading date) until further notice, the updated surcharge […]


Shipping

DHL Express raises US rates by 5.9%

October 2, 2023

Via: FreightWaves

DHL Express, the international air delivery service of DHL, will impose a 5.9% general rate increase on its U.S.-originating shipments in 2024. The rate increase, announced Friday, takes effect Jan. 1. The increase is 200 basis points above the 7.9% […]


Shipping

Truckstop acquires truckload procurement platform FreightFriend

July 18, 2023

Via: FreightWaves

Truckstop announced Tuesday it has acquired FreightFriend, a cloud-based capacity and freight management solution that matches shipments to carriers. The acquisition gives Truckstop a technology platform for freight matching and building routing guides for shippers and brokers. Truckstop will utilize […]


Shipping

Container shipping companies halt shipments to and from Russia

March 2, 2022

Via: Offshore Energy

The bookings suspensions are a result of severe sanctions on Russia imposed by governments around the world. The international sanctions target Russian transport, energy and financial sectors. Maersk: Stability and safety of operations impacted by sanctions Danish container shipping and […]


Shipping

Cargo theft up as thieves take advantage of increased traffic, idled shipments

December 8, 2021

Via: FreightWaves

Record container backlogs at U.S. ports and overstressed supply chains are creating conditions ripe for cargo theft, according to experts. “The backlog across all logistics infrastructure is causing containers and shipments to sit idle, not just in the ports but […]


Shipping

Rates red hot in August, shipments high but capacity constrained

September 13, 2021

Via: FreightWaves

August data from Cass Information Systems shows a sequential surge in expenditures, a proxy for freight rates, with shipments stepping higher as well. The year-over-year comparisons for both subindexes were materially higher again. Freight rates up and to the right […]


Vehicles

Track record matters when moving fragile, high-value goods

December 21, 2020

Via: FreightWaves

Speed, accuracy and security are important for every shipment – from paper towels to fancy electronics. There are a handful of segments, however, in which the importance of these elements becomes amplified. Both manufacturers and their transportation partners must be […]


Impact & Regulations, Shipping

Natural Gas Glut Has US Exporters Facing Worst-Case Scenario

November 25, 2019

Via: Transport Topics

A global glut of natural gas has gotten so massive that U.S. exporters could soon face their worst-case scenario: Halting shipments to get supply and demand back in balance. Prices for the heating and power-plant fuel may collapse in Europe […]


Impact & Regulations

Transfix Receives $22 Million in Funding

August 15, 2016

Via: Transport Topics

Transfix, which matches shippers and carriers through the internet, has received $22 million in funding, led by New Enterprise Associates. New York-based Transfix said in a statement that the Series B funding includes NEA as the latest investor, Canvas Ventures, […]