Back in mid-November, the Federal Motor Carrier Safety Administration, at the request of the Owner-Operator Independent Drivers Association and the Small Business in Transportation Coalition, proposed a new broker transparency rule. The rule, naturally, has been met with polarized feelings.
As written, it would require all brokers, on request, to submit any records that have to do with a load within 48 hours of the request. These records must be kept electronically and can be...
As a record-setting drought throttles transits through the Panama Canal, most of the focus has been on higher-capacity ships: the container vessels, liquefied natural gas carriers and liquefied petroleum gas carriers that use the larger Neopanamax locks.
But there’s another shipping segment that’s seeing major fallout: the dry bulk vessels carrying U.S. grain that use the smaller Panamax locks.
Trade patterns have already seen a major shift, with the majority of these dry bulk vessels now opting...
https://www.freightwaves.com/news/panama-canal-crisis-forces-us-farm-exports-to-detour-through-suez
Several U.S. soybean producer groups are planning to help fund the construction of a Pacific Northwest terminal that would be used to ship soybean meal exports.
The Iowa Soybean Association, the Kansas Soybean Commission, the Nebraska Soybean Board, the North Dakota Soybean Council, the South Dakota Soybean Research and Promotion Council and the Soy Transportation Coalition say will they collectively provide $900,000 toward pre-engineering, design and site development costs for AG Processing’s...
The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.
The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.
Containership lines’ blank sailings over the past few months...
https://s29755.pcdn.co/news/commentary-20-foot-container-crunch-may-impact-harvests
The Port of Savannah was the top U.S. port in terms of containerized agricultural exports in 2019, the Georgia Ports Authority (GPA) said Thursday.
Agricultural products exported totaled more than 843,000 twenty-foot equivalent units (TEUs) in calendar year 2019, GPA said. Those agricultural volumes accounted for 60% of the port’s exports. Forest products such as wood pulp, paper and logs, as well as clay, cotton and poultry are under the agricultural products umbrella.
GPA drew on IHS Markit’s...
https://s29755.pcdn.co/news/savannah-tops-in-agricultural-exports-in-2019
Taking a page from neighboring Australia, the government of New Zealand has launched an emergency program to reestablish airfreight supply chains interrupted by the suspension of passenger flights so important exports can get to global markets.
The air cargo assistance programs guarantee export cargo on key routes under agreements with air carriers. Essential medical supplies ordered by the governments are loaded on return flights.
Exporters in both nations were stranded without the regular...
https://s29755.pcdn.co/news/governments-help-correct-covid-distortions-in-airfreight-market
Containerized agricultural exports are rebounding despite an ongoing trade war, the Port of Oakland reported on June 10. The Port said farm good shipments in the first four months of 2019 increased 12 percent over last year.
The Port added that ag exports to China rose 5 percent, despite that nation’s tariff standoff with the U.S. The trends are welcome after Oakland’s worldwide ag exports declined 10 percent in 2018.
“It’s too soon to declare victory in this segment given the trade outlook,”...
https://container-news.com/oakland-ag-exports-rebound-despite-tariffs/