ocean container shipping

Project Freight le permite a Radiant superar el mercado ‘bastante duro’

Radiant Logistics venció a las expectativas trimestrales el lunes, pero la mayor parte del rendimiento superior provino de las oportunidades de reposición relacionadas con los huracanes. La compañía señaló un entorno operativo aún difícil, pero sonó más constructivo en una recuperación en los próximos trimestres. «Más ampliamente, es bastante difícil para nosotros y nuestros competidores», […]

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https://fullavantenews.com/project-freight-le-permite-a-radiant-superar-el-mercado-bastante-duro/?lang=es

Project freight allows Radiant to overcome ‘pretty tough’ market

Radiant Logistics beat quarterly expectations Monday, but the bulk of the outperformance came from hurricane-related restocking opportunities. The company noted a still difficult operating environment but sounded more constructive on a recovery in the coming quarters.

“More broadly, it’s pretty tough out there for us and our competitors,” CEO Bohn Crain said on a conference call.

He said the market has been bouncing along the bottom for several quarters now and that shippers remain aggressive...

https://www.freightwaves.com/news/project-freight-allows-radiant-to-overcome-pretty-tough-market

Tariffs loom over freight market, may shift supply chains, SONAR experts say

President Donald Trump’s tariffs on China and those threatened against Mexico and Canada may slow freight markets and shift supply chains to Vietnam, Taiwan and India, according to a panel of SONAR market experts.

SONAR’s Zach Strickland, director of freight market intelligence; Tony Mulvey, senior analyst, economics and transportation; and Mike Baudendistel, head of intermodal solutions, hosted a webinar on Tuesday titled “Navigating the Trump Administration’s Tariff Policies: A Roundtable...

https://www.freightwaves.com/news/tariffs-loom-over-freight-market-may-shift-supply-chains-sonar-experts-say

Cass acquires ocean, airfreight invoice audit platform

Cass Information Systems announced Thursday the acquisition of Acuitive Solutions’ freight audit platform for ocean, air and drayage shipments.

The AcuAudit platform is an extension of Chattanooga, Tennessee-based Acuitive Solutions’ supply chain software offering. The fully automated platform validates and rerates invoices, ensuring freight bills are correct.

Financial terms of the transaction were not provided.

“Today, with a best-in-class solution for every mode as well as full global coverage,...

https://www.freightwaves.com/news/cass-acquires-ocean-airfreight-audit-platform

Borderlands Mexico: Surging cross-border flows a boon for operators like DHL

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas.

Surging cross-border flows a boon for operators like DHL

For DHL Global Forwarding, Mexico has become one of the hottest supply...

https://www.freightwaves.com/news/borderlands-mexico-surging-cross-border-flows-a-boon-for-operators-like-dhl

Panama Canal’s future is dark and stormy, much to shippers’ relief

The end of Panama’s dry season is in sight, and the Panama Canal Authority (ACP) plans to welcome more vessels in the coming weeks.

Over six months since the Panama Canal’s reservoir system suffered from the driest October in at least 73 years, the ACP finally sees a path to normalizing operations. On March 25, the ACP allotted three additional transit slots to Panamax vessels, bringing the total number of reservations to 27 per day.

Water levels at Gatun Lake are currently at the low end of...

https://www.freightwaves.com/news/panama-canals-future-is-dark-and-stormy-much-to-shippers-relief

Demand shocks keeping aging fleet afloat, argue shipowners

Ship recycling has fallen to its lowest level in 20 years, per a recent report by the Baltic and International Maritime Council (BIMCO). 

BIMCO — a trade group representing shipowners — states that capacity has been overtaxed by the Red Sea crisis, which has forced shipping lines to take a longer route around Africa’s Cape of Good Hope. Prior to the emergence of this latest choke point, BIMCO points to the impact of Western sanctions on Russian oil and coal, which similarly stressed tanker and...

https://www.freightwaves.com/news/demand-shocks-keeping-aging-fleet-afloat-argue-shipowners

Red Sea crisis nears boiling point, unable to heat up spot rates

Russian warships entered the Red Sea last Thursday, for what the Russian Pacific Fleet’s press service has stated was the performance of “assigned tasks within the framework of the long-range sea campaign.” This intentional vagueness has invited no small amount of speculation as to the ships’ true objectives.

Theories range from retaliatory pressure on Israel, which decided in late February to co-sponsor a United Nations resolution condemning Russia’s invasion of Ukraine, to supporting...

https://www.freightwaves.com/news/red-sea-crisis-nears-boiling-point-unable-to-heat-up-spot-rates

Borderlands Mexico: Container shipments from China to Mexico skyrocketed in January

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico.

Container shipments from China to Mexico skyrocketed in January

China’s container exports to Mexico surged nearly 60% year over year...

https://www.freightwaves.com/news/borderlands-mexico-container-shipments-from-china-to-mexico-skyrocketed-in-january

Threat of strike looms large over East, Gulf Coast ports

There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports.

The labor contract between the International Longshoremen’s Association and the United States Maritime Alliance (USMX) is set to expire at the end of September. The ILA represents some 70,000 dockworkers, while the USMX represents employers at 36 coastal ports — including three of the U.S.’s five busiest ports: the Port of New York and New Jersey, the Port of Savannah, Georgia, and the Port of...

https://www.freightwaves.com/news/threat-of-strike-looms-large-over-east-gulf-coast-ports

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