<div class="phx-topic abstract-wrapper"><p>Breakbulk carriers are investing in tonnage to help address an aging fleet profile, though the ordering is being done with “discipline” to maintain a balanced fleet. </p></div>

Breakbulk carriers are investing in tonnage to help address an aging fleet profile, though the ordering is being done with “discipline” to maintain a balanced fleet.

Feature image

Breakbulk carriers

Project cargo

Breakbulk News

Ship operators push ahead with slew of new MPV, car carrier orders

<div class="phx-topic abstract-wrapper"><p>After representing clerical workers in Southern California for decades, the ILWU Office Clerical Unit has successfully organized the terminal operator’s clerical workers in Utah as it launches a move to inland locations.</p></div>

After representing clerical workers in Southern California for decades, the ILWU Office Clerical Unit has successfully organized the terminal operator’s clerical workers in Utah as it launches a move to inland locations.

Port News

Marine terminals

Longshore labor

Maritime

ILWU clerical unit organizes SSA workers in Utah office

<div class="phx-topic abstract-wrapper"><p>The restructuring injects new capital into the Ohio-based company just as the prolonged freight recession is ending and pricing power has swung back toward carriers.</p></div>

The restructuring injects new capital into the Ohio-based company just as the prolonged freight recession is ending and pricing power has swung back toward carriers.

Rail News

North-American rail

Intermodal providers

Surface

Intermodal provider STG officially emerges from bankruptcy

<div class="phx-topic abstract-wrapper"><p>But as the US-Iran ceasefire collapses, ocean carriers are on alert for any hostile response from the Tehran-backed Houthi militants in Yemen.</p></div>

But as the US-Iran ceasefire collapses, ocean carriers are on alert for any hostile response from the Tehran-backed Houthi militants in Yemen.

Container lines

Container Shipping News

Second Maersk service to transit Red Sea as Middle East war resumes

<div class="phx-topic abstract-wrapper"><p>As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels. </p></div>

As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels.

Trucking News

Tech buildout will be key to growth at FedEx Freight: CEO Smith

<div class="phx-topic abstract-wrapper"><p>A roundtable discussion of industry experts hosted by the <i>Journal of Commerce</i> saw agreement that demand fundamentals remain strong, but beneath the positive outlook lie growing concerns.</p></div>

A roundtable discussion of industry experts hosted by the Journal of Commerce saw agreement that demand fundamentals remain strong, but beneath the positive outlook lie growing concerns.

Heavy-haul transport

Project cargo sector battles delays, tight capacity, talent shortages

<div class="phx-topic abstract-wrapper"><p>If California truly wants to clean the air along its freight corridors, CARB must walk back a “shortsighted” restriction that makes the move to zero emissions uneconomical for mid-sized truck fleet owners.</p></div>

If California truly wants to clean the air along its freight corridors, CARB must walk back a “shortsighted” restriction that makes the move to zero emissions uneconomical for mid-sized truck fleet owners.

CARB’s 11th-hour rug-pull stymies momentum in zero-emission transition

<div class="phx-topic abstract-wrapper"><p>With the US-Mexico-Canada Agreement joint review now open, the distance between the landed-cost model and the operational reality is widening.</p></div>

With the US-Mexico-Canada Agreement joint review now open, the distance between the landed-cost model and the operational reality is widening.

Supply chain

The landed-cost illusion: nearshoring’s hidden friction in Mexico

NY-NJ

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Virgina

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 Weekly % change: {change_last_month_norfolk.formatNumber('#.##%')}

Houston

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 Weekly % change: {change_last_month_houston.formatNumber('#.##%')}

Savannah

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 Weekly % change: {change_last_month_savannah.formatNumber('#.##%')}

The *Journal of Commerce* calculates outbound port rates using data from Cargo Chief, DAT Freight & Analytics, digital freight broker Loadsmart, and an anonymous survey of truckload brokers. Outbound port rates cover Los Angeles-Long Beach, Oakland, and Seattle on the West Coast, and Houston, New York-New Jersey, Virginia, and Savannah on the Gulf and East coasts.

US East and Gulf Coast ports inbound dry-van truckload spot rates (JOC)

Inbound spot dry van trucking rates from US East, Gulf Coast ports Gateway

<div class="phx-topic abstract-wrapper"><p>There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season. </p></div>

There’s little to no sign truckload rate hikes are slowing post-July 4, as tight capacity keeps pricing elevated headed into what’s typically a slower season.

Truckload

US truckload spot rates surpass COVID-19 highs under supply pressure

<div class="phx-topic abstract-wrapper"><p>The carrier called the move ‘a structural change’ but said contingency plans included a return to Africa transits should the security situation deteriorate.</p></div>

The carrier called the move ‘a structural change’ but said contingency plans included a return to Africa transits should the security situation deteriorate.

Asia-Europe

Gemini begins 'gradual return' to Suez-Red Sea transits 

<div class="phx-topic abstract-wrapper"><p>With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices. </p></div>

With fresh capacity landing on the West Coast, sources say spot rates could start to soften after a four-month bull run driven by cargo frontloading and higher bunker fuel prices.

Trans-Pacific

Latest spike in spot rates could be last hurrah for trans-Pacific carriers

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Quarterly Intelligence

<div class="phx-topic abstract-wrapper"><p>With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.</p></div>

With a recent investment commitment from current majority owner China Merchants Port Holdings, Hambantota’s annual box-handling capacity is expected to double to 2 million TEUs by the end of the year.

MSC in talks to buy into Sri Lanka’s Hambantota amid port deal spree: sources

<div class="phx-topic abstract-wrapper"><p>The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica. </p></div>

The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica.

International ports

Asia port congestion worsens amid bad weather, vessel bunching

<div class="phx-topic abstract-wrapper"><p>But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.</p></div>

But this month will be the end of an early peak season that began in May and increased in intensity, according to the Global Port Tracker, with imports for August through November expected to be lower year over year.

Ship operators push ahead with slew of new MPV, car carrier orders

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Essential Reads

US truckload spot rates surpass COVID-19 highs under supply pressure

Gemini begins 'gradual return' to Suez-Red Sea transits

Latest spike in spot rates could be last hurrah for trans-Pacific carriers

Recent Commentary

CARB’s 11th-hour rug-pull stymies momentum in zero-emission transition

The landed-cost illusion: nearshoring’s hidden friction in Mexico

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