Will Long Beach’s sunny spring be followed by stormy summer?

The Port of Long Beach reported its busiest March ever and “the most active quarter on record as long-dwelling cargo continued to move out of marine terminals.”

The port moved 864,156 twenty-foot equivalent units last month, up 2.7% from the previous record set in March 2021. Imports increased 4.7% year-over-year to 427,280 TEUs, while exports declined 18.3% to 114,185 TEUs. Empty containers “jumped” 10% to 321,691 TEUs, the port said in Thursday’s announcement. 

The Port of Long Beach said March...

https://www.freightwaves.com/news/will-long-beachs-sunny-spring-be-followed-by-stormy-summer

The fascination with port congestion: American Shipper’s top headlines of 2021

2021 will go down as the year the mainstream media took notice of West Coast port congestion. American Shipper was writing about global port backups, shutdowns and labor issues months — no, decades — before supply chain snarls in Southern California were spotlighted on national evening news broadcasts. 

Port problems figured so prominently in American Shipper’s coverage this year that eight of the 10 most-read stories focused on problems in ocean shipping, from escalating costs to record numbers...

https://www.freightwaves.com/news/the-fascination-with-port-congestion-american-shippers-top-headlines-of-2021

Are we looking at a ‘super’ peak season? — Great Quarter, Guys

Great Quarter Guys 11/17

This episode is brought to you by Emerge, The Digital Freight Marketplace. While market volatility is affecting everyone, you need an RFP expert to navigate the uncertainty. Industry expertise and technology for your RFP event, now and in the future. Emerge from the confusion by visiting get.emergemarket.com/GQG

Ports along the West Coast are seeing backups again as we move out of summer and into the start of peak shipping season. The East Coast is no different, with ships stacking up off the...

https://www.freightwaves.com/news/are-we-looking-at-a-super-peak-season-great-quarter-guys

All air cargo, all the time — Midday Market Update

MMU 11/24

It’s the final episode of Midday Market Update and Kaylee Nix and Michael Vincent are going out with a good one all about airfreight. MMU will be replaced with a new show, FreightWaves NOW, that airs every weekday at 9 a.m. 

Starting off with headlines, they discuss how 3PLs are struggling to fill broker vacancies, why an Illinois trucking company is being forced into bankruptcy, Yellow Corp.’s first-quarter earnings shortfalls and the Biden administration’s plans for independent contractor...

https://www.freightwaves.com/news/a-supply-chain-for-telemedicine-medically-necessary

Capacity crunch continues — Midday Market Update

On this episode of Midday Market Update, Kaylee Nix and Michael Vincent dive into the aspects of freight that have not cooled off so far in Q2. 

In headlines, they discuss an update to Forward Air’s final-mile strategy, a lawsuit over independent worker employment freedom and how President Biden’s demands for freight capacity may go unfulfilled.  

FreightWaves Market Expert Zach Strickland answers some tough questions about the elevated tender rejection rates and whether they will ever come down....

https://s29755.pcdn.co/news/capacity-crunch-continues-midday-market-update

Mitigating hot markets — Midday Market Update

MMU 11/24

On this episode of Midday Market Update, Kevin Hill and Michael Vincent talk about today’s top headlines, what inventory crunches mean for industrial real estate and how the air markets are faring. 

Headlines

Project44 has announced its acquisition of Ocean Insights with hopes to provide more visibility to clients and manage the severe congestion plaguing West Coast ports. The merger will allow for real-time tracking of ocean freight, both with ships in transit and at anchor. 

Retailers are...

https://www.freightwaves.com/news/mitigating-hot-markets-—-midday-market-update

Vaccine delivery progressing with warp speed — Midday Market Update

MMU 11/24

Could Moderna be next to get fast-tracked vaccine approval?

Headlines

Forward Air is seeing significant outages across its technology systems after a security incident rendered some computer systems useless. The hack has caused its website to go offline, but a spokesman says all shipments currently in Forward Air’s system will still deliver on time. 

Drivers for Schneider National will start making an additional 4 cents per mile on Jan. 24, with the pay increase following several other...

https://s29755.pcdn.co/news/vaccine-delivery-progressing-with-warp-speed-midday-market-update

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