Transportation

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Oct 5, 2023
LA-LB ports to participate in “Green Shipping Corridor”

A partnership of ports, carriers, and cargo owners has unveiled a Green Shipping Corridor Implementation Plan to reduce emissions on…

Oct 3, 2023
EU Emission Trading System (ETS) update for shippers  

The EU’s Emission Trading System (ETS) is designed to accelerate the decarbonization of the shipping industry. Hapag-Lloyd and Maersk shared…

Sep 22, 2023
China’s port container volumes in first half 2023

China’s port container volume increased by 4.5% YoY from January to July 2023, reaching 176.2 million TEU, while cargo volume…

Sep 21, 2023
US imports outperforming 2019 levels

According to Descartes, US import volumes are still trending above 2019 comparables. The National Retail Federation pointed to modest gains…

Sep 18, 2023
UPS announces 2024 rate increase

On the back of the recently ratified five-year contract between UPS and the International Brotherhood of Teamsters, UPS has announced a 5.9%…

Sep 5, 2023
Teamsters ratify a historic contract with UPS

The International Brotherhood of Teamsters has ratified a five-year contract with UPS, with 86.3% of its members voting in favor.…

Aug 31, 2023
Mexico truck driver strike postponed

The threat of a nationwide strike and protests by Mexican cargo truck drivers was postponed this week after federal authorities…

Aug 31, 2023
Perspective on Panama Canal Congestion

The Panama Canal Authority (ACP) continues to face what it describes as an “unprecedented challenge” this year due to drought…

Aug 16, 2023
Yellow’s capacity and rates fallout

As the third-largest US less-than-truckload (LTL) carrier with approximately 8.6% domestic market share, Yellow’s collapse will reduce market overcapacity, portending…

Aug 15, 2023
Panama Canal announces new booking condition

The Panama Canal has experienced increased congestion due to transit restrictions brought on by low water levels due to drought,…