by J.M. Rodgers, Co., Inc. | Apr 1, 2023 | Industry News, Supply Chain Roundup
This week: Additional air services are adding capacity but simultaneously lowering air cargo market rates amid weakening demand The FMC continues its work in creating new rules governing demurrage and detention charges that terminals and carriers bill to shippers ...
by J.M. Rodgers, Co., Inc. | Mar 27, 2023 | Industry News, Supply Chain Roundup
This week: By the middle of the year, longshore labor talks will simultaneously be playing out on the East, West, and Gulf Coasts The US chassis equipment shortages will be fixed by June New legislation is being drafted to update OSRA-22 Canadian Pacific Railway...
by J.M. Rodgers, Co., Inc. | Mar 16, 2023 | Industry News, Supply Chain Roundup
This week: Starting April 1, Maersk will begin billing shippers directly for container detention charges rather than billing NVOs A new Norfolk-Memphis rail service will open to improve rail movement in and out of the Port of Virginia A group of global shippers has...
by J.M. Rodgers, Co., Inc. | Mar 16, 2023 | Market Reports
Rate & Market Information Transpacific market remains quite in Feb and March. Spot rates to both coasts continue to drop below pre-pandemic level. Carriers’ blank sailings continue causing service disruption, booking uncertainties and delays in departure dates. ...
by J.M. Rodgers, Co., Inc. | Mar 8, 2023 | Industry News, Supply Chain Roundup
This week: Dropping intermodal cargo volumes is leading providers to stack containers as there is not enough freight to fill boxes The ILWU and PMA release a joint statement regarding contract negotiations Southeast and Gulf Coast ports expect to see increased...