Eastbound Trans-Pacific Recovery a Year Away and More News
This week: Eastbound Trans-Pacific Recovery Might Not Happen Until 2024 Less-Than-Truckload Prices Remain High as Volume Softens Free Time and Long Dwelling Containers Now Under Scrutiny After Pandemic Port Congestion ILA Is Confident that Next Year’s...
Rail Unions Won’t Strike, Port of NY-NJ Outperforms LA, and More
This week: Congress steps in to prevent four rail unions from striking and causing major interruptions Trans-Pacific vessel reliability keeps improving through October Two small container lines enter the trans-Atlantic market for North Europe and the Mediterranean...
Long-Term Air Cargo Contracts, Increased Volumes at NY-NJ and More
This week: Long-term air cargo contracts almost disappeared in October Low trans-Pacific ocean demand will likely continue into the first half of 2023 Greenscreens.ai announces new investment in truckload pricing software Port of NY-NJ sees a noticeable increase in...
Declining US Imports from China, Lower NRF Import Forecasts, and more
This week: The US National Retail Federation forecasts even lower monthly import volumes than previously expected Truck capacity shifts to other sectors as the spot market continues to shrink US imports from China drop as importers lessen reliance on Chinese...