Forwardernet.com to see the world: the U.S. industrial freight market is still flexible

2022-11-21

Forwardernet.com, the U.S. industrial freight market, with flexibility

While consumer-led imports have slowed, the industrial market has not felt the extent of this weakness.

Forwardernet.com to See the World: New York-New Jersey Port Becomes America's Busiest Port

2022-11-21

Forwardernet.com, New York-New Jersey Port, the busiest port in the United States

As congestion and equipment shortages ease, the Port of New York-New Jersey still handles more containers than ever. The transfer of goods is also continuing. Total throughput through the port in October was 792,548 TEU, marking the third consecutive mon

Freight Forwarders See the World: American Retailers Federation Predicts Accelerated Decline in Imports in 2023

2022-11-21

Forwarder Network, the American Retail Federation, predicts a decline in imports in 2023.

In the past few years, October was the last month of the traditional trans-Pacific peak season, but this year, retailers shipped most of the holiday goods before early summer to ensure on-time delivery, because of the expected supply chain bottlenecks an

Freight Forwarders See the World: Union Pacific Railroad is forced to stack shipping containers at docks in Chicago and Dallas

2022-11-17

Forwardernet.com, Union Pacific Railroad, Chicago and Dallas, Stacked Sea Containers

The Union Pacific Railroad (UP) is stacking containers in Chicago and Dallas, contrary to normal, with all the boxes on the chassis before the driver visits the docks. Because the chassis stays longer, it is not balanced with the railcars in the West Coa

Freight Forwarders See the World: Zim Announces Record Results for First Nine Months, Says Rates Will Fall

2022-11-17

Freight Forwarders, Zim, Record results in first nine months, rate drop

Zim posted a record operating profit of $5.55 billion in the first nine months of 2022, but the airline's chief executive said the rate decline has since accelerated as the market seeks a new balance.

Forwardernet.com to See the World: Maersk Signs Another Agreement to Achieve 2030 Fleet Emission Target

2022-11-17

Forwardernet.com, Maersk, US Project Developer Carbon Sink,2030 Fleet Emission Target

The partnership with US project developer Carbon Sink is Maersk's eighth such agreement to secure sufficient quantities of green methanol to accelerate global green methanol production to power a fleet of 19 methanol-compatible container ships currently

Tiger Global Invests $5 million in Trucking Logistics Providers

2022-11-16

Forwardernet.com, Tiger Global, Trucking Logistics Supplier, Investment US $5 million

Tiger Global, a venture fund, said on Tuesday that it had invested $5 million in Greenscreens.ai, a predictive spot trucking pricing provider, indicating increased demand from logistics providers for accurate pricing data due to unstable conditions in th

Freight Forwarders See the World: Raft works with PayCargo to minimize review and payment time

2022-11-16

Raft,PayCargo, reduces review and payment time

On Tuesday, software vendor Raft has created an integration with PayCargo that gives Raft customers one-click access to PayCargo financing and invoicing tools. The integration of the two companies aims to improve payment efficiency and minimize the time

Forwardernet.com to see the world: the United States latest freight index: vehicle cargo transport fell, LTL basically flat

2022-11-16

Forwardernet.com, the latest U.S. freight index, vehicle cargo transport fell, LTL flat.

Data released by the U.S. Bureau of Labor Statistics (BLS) on Tuesday showed that U.S. trucking costs fell month by month in October, and the producer price index (PPI) for long-distance vehicle transportation services in the United States fell 3.1 perce

Forwardernet.com to see the world: ILW closes ship operations at Auckland International Container Terminal

2022-11-15

Forwardernet.com, ILW, Auckland International Container Terminal, Ship Operation

The International Terminals and Warehouses Union (ILWU) shut down ship operations at the Auckland International Container Terminal (OICT) on Monday, according to the latest news on the West Coast port disruption.

Freight Forwarders See the World: U.S. Trucking Supply and Demand Tend to Balance

2022-11-15

Forwardernet.com, American trucking, supply and demand balance

In previous years, from the beginning of September to the end of December before Christmas, it was the peak shopping season in the United States and the peak transportation season for goods. But this year, the situation is quite different, both import co

Forwardernet.com to see the world: countries to encourage maritime power generation

2022-11-15

Forwardernet.com, Offshore Wind Power, Renewable Energy Generator

Offshore wind is the preferred renewable power generator because of its potential for large-scale delivery, while alternatives such as solar power struggle to provide the same level of energy.

Forwardernet.com to see the world: lithium battery transport concerns are growing

2022-11-15

Forwardernet.com, lithium battery transportation, miscellaneous dangerous goods

With the continuous growth of online orders for lithium batteries worldwide, the shipping industry is also increasingly worried about transporting the product.

Freight Forwarders See the World: Oakland Port Discontinued, Importers and Exporters Affected

2022-11-11

Forwardernet.com, Port of Oakland, importers and exporters.

Affected by the general environment, the total container load of the port of Oakland fell by 7.9 last month compared with the same period last year. In recent months, it has been plagued by supply chain problems. There are growing concerns about the econ

Forwardernet.com to see the world: although shipping rates are facing bumps, but will gradually stabilize.

2022-11-11

Forwardernet.com, sea freight rates bumpy, gradually stable.

Hapg-Lloyd Habben (Hapag-Lloyd) CEO Loyd Janssen said on Thursday that interest rates have fallen rapidly from their highs and could fall further, due to weakening demand and increased capacity, but remain above pre-COVID-19 levels.

Forwardernet.com to see the world: IATA forecasts demand recovery in the first quarter of 2023

2022-11-10

Forwardernet.com, IATA, Q1 2023, Forecast Demand Recovery

The International Air Cargo Association (TIACA) said at its annual Air Cargo Forum held this week that air cargo volumes will increase after the Lunar New Year in early 2023 and demand on major trade routes between East and West will begin to recover in

Freight Forwards' World: HMM Maintaining Strong Quarterly Results, Still Says Outlook Not Optimistic

2022-11-10

Forwardernet.com, HMM, strong quarterly results, outlook not optimistic

HMM, South Korea's largest container company, continued its strong quarterly results this year, beating expectations in the third quarter with net profit of $1.8 billion on revenue of $3.6 billion. Net profit more than quadrupled to $6.4 billion in the n

Forwardernet.com sees the world: multimodal transport suppliers actively price to stabilize the 2023 freight market.

2022-11-10

Forwardernet.com, multimodal transport suppliers, pricing, stable freight market 2023

According to a number of multimodal transport suppliers in the United States, freight competition is becoming more and more fierce because of the slowdown of the US economy and the increasingly low profits. In order to keep freight running smoothly, a nu

Freight Forwarders See the World: "Transportation Mergers and Acquisitions" in the US Logistics Market"

2022-11-09

S., Logistics Market, "Transportation M & A"

In recent years, the speed of corporate mergers and acquisitions is getting faster and faster, and the scale is becoming more and more jaw-dropping. Naturally, the logistics market is no exception.

Forwardernet.com to see the world: the Port of Liverpool and the United Union (Unite the union) reached an agreed agreement

2022-11-09

Port of Liverpool, Unite the union, reached an agreement

Peel Ports, the port operator of the Port of Liverpool, said on Tuesday that after months of hard work, it had reached an agreement with the docks' union, details of which were not disclosed. Unite is also said to have advised its members to call off ano