Ocean Schedule Reliability, Federal Grants for Port NOLA, and More Breaking Industry News
This week: Red Sea vessel diversions push ocean schedule reliability back to 2022 levels Ocean carriers pursue GRI spot rate increases as the Lunar New Year approaches The Port of New Orleans receives a federal grant of $226 million for the construction of a new...
Air and Rail Demand Surges, Ocean Carrier Surcharges, and More Supply Chain News
This week: Air and rail demand from Asia to Europe sees a steep spike as analysts watch cargo volumes increase Trans-Atlantic ocean carrier surcharges delayed as carriers experience overcapacity and low demand US Southeast ports continue with upgrades to capture...
Asia-Europe Ocean Contracts Paused, Air Cargo Rates to Increase, and More Industry News
This week: Hapag-Lloyd stops long-term Asia-Europe contracts following escalating Red Sea and Suez Canal crisis Pressure from the Red Sea crisis has analysts predicting a coming surge in air cargo rates Cargo volumes in Northeast US ports are projected to rise back to...
Asia-US Ocean Rates Up from Suez Canal Diversions, Dropping Air Cargo Rates, and More
This week: Gulf Coast ports to focus on expansion projects for improved container capacities US chassis demand remains low while providers deal with excess supply The new year sees a sharp drop in air cargo rates Continued Suez Canal diversions push Asia-US ocean...