Slow and Steady Recovery in Store for Truckers: FTR
It’s a mixed picture for the trucking market, with no immediate end to a soft rate environment in the near term but gradually improving conditions.
Mexico Averages 58 Cargo Thefts a Day in Q2
Trucks hauling food and beverage products and building materials topped the list of goods being targeted by freight thieves in Mexico during the second quarter, according to a new report from Overhaul.
U.S. Container Imports Rise in Line with Pre-COVID Peak Season Pattern
Container shipping spot rates in the trans-Pacific trade started to rise in late June and remain near their highs for 2023. The question is: How much of this rate gain is driven by peak-season demand, and how much by shipping lines intentionally constraining capacity?
Container Line Blank Sailings Surge for Golden Week Period
Despite concerns that shipping lines were failing to act ahead of the seasonal lull around the week-long Chinese Golden Week holidays, the number of cancelled voyages has now risen steeply.
CN Advisory, September 15: Service in Moncton and Halifax Suspended on Saturday
On Friday, CN issued an advisory indicating that it planned to suspend all regular scheduled service in the Moncton and Halifax areas as of 0700 on Saturday. Service was to remain suspended until at least 1400 on Sunday, September 17. Service resumption was to depend on the impact and duration of the storm.
Carriers Forced to Idle New ULCVs as Soon as They Are Delivered
Newbuild 24,000-TEU ultra-large container vessels are now being idled as soon as they are delivered in Asia, as carriers are obliged to blank more sailings due to weakening demand.
Time to Start Worrying Again About Rising Cost of Ship Fuel
At this time four years ago, before the pandemic and the Ukraine-Russia war stole the headlines, the cost of fuel was the big topic in shipping.
Ocean Carriers’ Record Rejections Are Last-Ditch Effort to Bolster Spot Rates
Back in May, American Shipper warned that a second-half rebound in U.S. containerized import volumes was highly unlikely, as it was becoming increasingly clear that importers were facing a clear shift in consumer spending (from discretionary goods to more essential goods) and a nagging surplus of inventories that were carried over from last year. The […]
Mexico’s truckers plan nationwide strike, blockades
A massive strike and protests by cargo truck drivers on roads across Mexico are planned for Tuesday and Wednesday, according to members of the Mexican Alliance of Carrier Organizations (AMOTAC).
Surprise dangerous goods, hazmat blitz nets 482 violations in Canada
Commercial vehicle inspectors in Canada wrote up 482 violations during a surprise blitz that focused on vehicles transporting hazardous materials and dangerous goods (HM/DG) from June 12-16.