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Latest News from Our Team
Maersk Alters Container Detention Charges and More Supply Chain News
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...
Maersk Alters Container Detention Charges and More Supply Chain News
Maersk announced that it will change how it bills container detention charges, and global shippers partner to push for zero-emission maritime fuels.
![[March Market Report] Transpacific Rates and Space Situation Updates](https://www.jmrodgers.com/wp-content/uploads/2021/07/market-bg-1920x-1080x675.jpg)
[March Market Report] Transpacific Rates and Space Situation Updates
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.
As Carriers continue to blank sailings and omit services, we have experienced more roll overs of containers so we do recommend shippers and importers to plan ahead for time sensitive cargoes.
Intermodal Cargo Volumes, ILWU PMA Contract Negotiations, and More
Intermodal cargo volumes force providers to stack containers, a statement regarding the ILWU PMA contract negotiations shows hope, and more supply chain news.
Carriers to Transition to Electronic Bills of Lading Rising, Flatbed Spot Rates, and More News
The FMC starts OSRA-22 investigations into unreasonable charges levied against shippers, while the transportation industry lost fewer jobs in January than expected.
Transportation Job Losses, OSRA-22 Congestion Fee Investigations, and More Supply Chain News
The FMC starts OSRA-22 investigations into unreasonable charges levied against shippers, while the transportation industry lost fewer jobs in January than expected.
East Coast Container Imports, Trans-Pacific Schedule Reliability, New USMCA Ruling, and More
East Coast container imports remain higher than pre-pandemic levels, while trans-Pacific schedule reliability will keep improving into the first half of 2023.
Chinese COVID-19 Cases affect Factories, Ocean Freight Capacity Cuts, and More
50% trans-Pacific ocean freight capacity cuts for the Chinese Lunar New Year, rising Chinese COVID-19 cases strain factories, and more supply chain news.
![[January Market Report] Transpacific Rates and Space Situation Updates](https://www.jmrodgers.com/wp-content/uploads/2021/07/port-of-long-beach.jpg)
[January Market Report] Transpacific Rates and Space Situation Updates
Spot rates to USEC have maintained it’s level from July while USWC rates continue to drop. Smaller carriers with chartered tonnage have started to undercut their rates in order to compete with larger carriers for USWC routes.
Though we see a slowdown of demands to transpacific market but carriers are still expecting a modest peak season from mid-August and might try to impose a Peak Season Surcharge.
US Import Declines, Low Warehouse Vacancy Rates, Diesel Prices, and More
For-Hire truck tonnage, demand for air freight, and domestic intermodal volumes all took a fall for 2022’s Q4, and more supply chain news.
New Modernized Broker Regulations
On December 19, 2022, the final rules under 19 CFR part III came into effect. The two rules are titled Modernization of the Customs Broker Regulations (87 FR 63267) and Elimination of Customs Broker District Permit Fee (87 FR 63262). The new rules have changed the...
Air Freight Market Overcapacity, For-Hire Truck Tonnage Volumes, and More
For-Hire truck tonnage, demand for air freight, and domestic intermodal volumes all took a fall for 2022’s Q4, and more supply chain news.