by J.M. Rodgers Co. | Aug 30, 2023 | Industry News, Supply Chain Roundup
Asia To U.S. West Coast Container Spot Rates Continue To Rise Asia-US container spot rates continued to rise in early August, as carriers have managed capacity by blanking — or canceling — sailings. Spot rates have more than doubled since June. Industry analysts say...
by J.M. Rodgers Co. | Aug 11, 2023 | Industry News, Supply Chain Roundup
This week: Southern California warehouses and distribution centers are experiencing a surplus of capacity The ocean market since the spring has been showing signs of life. Excess air cargo supply capacity continues to put downward pressure on pricing U.S. truckload...
by J.M. Rodgers Co. | Jun 15, 2023 | Industry News, Supply Chain Roundup
This week: West Coast labor contract negotiations continue with promising signs of progress Declines in US imports are expected to slow down in the third quarter Air cargo rates reach a three-year low due to low demand and overcapacity A new bill brought before the...
by J.M. Rodgers Co. | Jun 2, 2023 | Industry News, Supply Chain Roundup
This week: Ocean carriers move to slow steaming practice to help absorb extra capacity May saw fewer blank sailings on the trans-Pacific than in the previous month NITL and other groups continue to push for FMC oversight in rail storage fees NY-NJ stakeholders work to...
by J.M. Rodgers Co. | May 12, 2023 | Industry News, Supply Chain Roundup
This week: The Department of Transportation boosts further development of the new supply chain data exchange program The port of New York and New Jersey sees drops in import volumes and drayage rates The number of new supply chain projects across North America drop...