Forwardernet.com: U.S. Trucks Will Continue Bumpy Journey in 2023
2022-12-15
Forwardernet.com, 2023, American Truck, Bumpy Journey
Since March this year, the demand for trucking in the United States has dropped sharply. According to data, in the first quarter of this year, the transportation cost of trucks per kilometer in the United States dropped from 2.78 US dollars to the 2.23 U
Forwardernet.com: transatlantic route stability is about to be tested
2022-12-15
Forwardernet.com, transatlantic route, stability
Transatlantic routes remained stable throughout the year, and transatlantic trade has largely replaced trans-Pacific trade after container spot freight rates faced expectations of a long-term decline.
Freight Forwardship Network: Wilmington Port Wants to Play Port Transport Potential
2022-12-15
Forwardernet.com, Wilmington Port, Port Transportation Potential
In the midst of ship backups underway at other East Coast ports, the Port of Wilmington is hoping its high berth productivity will impress a market with long supply chain disruptions.
Forwardernet.com: MSC to Invest 0.8 billion Yuan to Build New Orleans Container Terminal
2022-12-14
Forwardernet.com, MSC, Proposed Investment 0.8 billion Yuan, New Orleans Container Terminal
The Swiss-based Mediterranean Shipping Company (Mediterranean Shipping Company), through its investment and development subsidiary, Terminal Investment Ltd. (Terminal investment Limited), will invest $0.8 billion in partnership with Louisiana to build a
Forwardernet.com: Felicstow ends months of labor action
2022-12-14
Freight Forwarders, Felixstowe, Labor Action
Workers in the British port of Felixstowe have agreed to pay increases between 2022 and 2023, ending months of industrial action that severely disrupted operations in the second half of the year.
Forwardernet.com to see the world: GSBN to speed up the process of digital shipping
2022-12-12
Forwardernet.com, GSBN, Digital Shipping Process
GSBN's strategy requires sharing data, but does not require a platform to monetize the data.
Forwardernet.com to see the world: Europe's efforts to switch to road to rail mode
2022-12-12
Forwardernet.com, Europe, road to rail.
Rail freight in Europe strives to provide a competitive road alternative that is cheaper, more flexible, more efficient, and has greater coverage. According to a new report by the International Union for Road and Rail Transport (UIRR), the model share of
Forwardernet.com to see the world: Norfolk South (NS): restoring network resilience is crucial.
2022-12-12
Forwardernet.com, Norfolk South (NS), Network Elasticity
The chief executive of Norfolk Southern Railway said that with the COVID-19 pandemic "getting us all out of the race" and long service disruptions, American shippers have lost confidence in rail-hauling goods, restoring the resilience of the network is e
Freight Forwarders See the World: GPA Builds Two Post-Panama Berths at Savannah Wharf
2022-12-08
Forwardernet.com, GPA, Savannah Terminal, Post-construction Panamax Berth
Recently, the Georgia Port Authority (GPA) said it would build two post-Panamanian berths at the Savannah terminal, aiming to transform the traditional bulk cargo terminal into a more modern container facility.
Freight Forward.com sees the world: analysts: can't predict when the next surge in goods will occur.
2022-12-08
Forwardernet.com, analysts, unpredictable, cargo surge
Well-known analyst Lars Jensen, CEO and partner at shipping consultancy Vespucci Maritime, said there are two possible recovery scenarios across the Pacific, which could happen during the peak season in 2023 or until the Lunar New Year in 2024.
Freight Forwarders See the World: CMA CGM Strategic Investment-Acquisition of GCT Bayonne and GCT New York Terminal
2022-12-08
Forwardernet.com, CMA CGM,GCT Bayonne,GCT new york Dock
Recently, France's CMA CGM will acquire its Bayonne and New York terminals in the United States from Global Container Terminals (GCT). This is part of the group's efforts to strengthen its terminal operations and investments in the North American market.
Freight Forwarders See the World: No Signs of Seasonal Rise in Air Cargo Market
2022-12-07
Forwardernet.com, Air Cargo Market, Seasonal Rise
Compared with last year's strong air cargo rates and record high demand for Asian routes, this year's air cargo market is relatively dismal. In October, air cargo demand suffered the largest percentage decline this year.
Freight Forwarders See the World: Trailer Demand, Manufacturers Increase Production
2022-12-07
Forwardernet.com, trailer demand, manufacturer
Despite the weak economy, demand for trailers and other commercial vehicles remains high. The surge in demand is due in part to lost production from 2020 to 2022, as well as ongoing changes in distribution strategies spurred by e-commerce.
Freight Forwarders See the World: Ocean Alliance Expands Transatlantic Services
2022-12-07
Forwardernet.com, ocean alliance, transatlantic service
With a severe slowdown in the trans-Pacific market and weakening global demand for Asian exports, members of the maritime alliance's container carriers are shifting post-Panama ships from trans-Pacific and Asia-Europe trade to the trans-Atlantic. And exp
Forwardernet.com to See the World: OneRail Total Investment Reapes 54 million US Dollars to Promote Further Development of Last Mile
2022-12-02
Forwardernet.com, OneRail, total investment of $54 million, last mile
Last-mile technology provider OneRail secured $33 million in financing Wednesday from a venture capital firm to take advantage of increased demand for last-mile coordination in the retail, healthcare, construction and third-party logistics sectors.
Freight Forwarders See the World: Pandemic Promotes Deep Development of US Ports
2022-12-02
Forwardernet.com, Pandemic, US Ports
With little new port infrastructure under construction or planned, container volumes expected to grow, and recent experiences with large-scale ship backups leading to supply chain derailments, the focus is increasingly shifting to a simple but elusive go
Freight Forwarders See the World: Software Delays Force Houston to Delay Collection of Continuous Stay Fees
2022-12-02
Forwardernet.com, Software Delay, Houston, Continuous Stay Fee
The Port of Houston will postpone a continuing stay fee originally scheduled for December 1 due to delays from software developers outside the port. Houston said it will give 30 days' notice before the new start date of the fee.
Freight Forwarders See the World: European Implementation of Emissions Trading System (ETS) Initial Agreement
2022-12-02
Freight Forwarders, Europe, Emissions Trading System (ETS), Preliminary Consistency
Negotiations between the European Parliament, the European Council and the European Commission have been deadlocked for several months, but the three executive agencies finally reached an agreement on how to implement the Emissions Trading System (ETS) o
Forwardernet.com to See the World: Truck Drivers' Strike Continues, South Korea's Busan Cargo Increasingly Congested
2022-11-30
Forwardernet.com, Truckers Strike, Busan, South Korea
Nearly 10,000 truck drivers began a nationwide strike last week to seek better pay and working conditions, hitting South Korea's supply chain and the world. Sea carriers are taking contingency measures to deal with increasing cargo congestion at the main
Freight Forwarders Watch the World: Intermarine and Thailand's WeShip Projects to Cooperate
2022-11-30
Forwardernet.com, Intermarine, Thailand WeShip Projects
Intermarine, a U. S.-based multi-purpose ship (MPV) operator, will develop its irregular cargo business in Asia and Europe after Projects cooperation with Thailand's project and bulk cargo expert WeShip.