by Audrey Chaney | May 18, 2020 | News & Events
It will be a difficult second quarter for the world’s largest container shipping company, with volume in April down sharply. However, the good news is that blank-sailing announcements have been decreasing. Maersk Line will cancel up to 140 sailings in the second...
by Audrey Chaney | May 18, 2020 | News & Events
The United States Trade Representative (USTR) released a notice yesterday that 13 product specific exclusions on Section 301 List 1, were being extended past their scheduled expiration date of May 14, 2020. The announced extension for the exclusion from the 7.5...
by Audrey Chaney | May 18, 2020 | News & Events
Having transitioned to flying on-demand and scheduled cargo-only flights, U.S. and Canadian passenger airlines are doubling down on their new business model in May. Cargo is one of the few sources of revenue for airlines these days and after idling most of their...
by Audrey Chaney | May 18, 2020 | News & Events
A final truck driver hours-of-service (HOS) rule released Thursday will give drivers and motor carriers much-wanted flexibility in how they manage driver hours, but may limit their ability to raise prices in the future by giving shippers an extra helping of truck...
by Audrey Chaney | May 11, 2020 | News & Events
The United States Trade Representative (USTR) has announced additional exclusions from the Section 301 additional 25 percent tariff on List 3 goods from China. Included in this list are household/kitchen items, furniture, auto parts and bags, to name a few. See the...
by Audrey Chaney | May 11, 2020 | News & Events
The plunge in low-sulfur fuel prices, down about 70 percent since January, has sparked questions among analysts and cargo owners on whether the bunker adjustment factor (BAF) mechanism truly captures abrupt changes in fuel costs or just muddies the freight-buying...
by Audrey Chaney | May 7, 2020 | News & Events
The scramble for personal protection equipment (PPE) has buoyed airfreight, pushing rates to lofty heights. National governments’ determination to secure PPE at almost any cost has been a significant factor, but it has prompted the deployment of fresh capacity that is...
by Audrey Chaney | May 7, 2020 | News & Events
Cargo flows are becoming more uneven across key markets as a natural container imbalance on headhaul and backhaul trades is exacerbated by extensive blank sailings from carriers trying to match capacity with declining demand. Stay-at-home orders and the closure of...
by Audrey Chaney | May 7, 2020 | News & Events
US ports and marine terminals are seeking federal help to shoulder additional costs tied to cleaning their facilities and investing in personal protective equipment (PPE), as well as weathering the impact of the coronavirus disease 2019 (COVID-19) on volumes. Groups...
by Audrey Chaney | May 7, 2020 | News & Events
Container lines have blanked an unprecedented number of sailings to bring capacity in line with the coronavirus-stricken cargo demand. Blank-sailings data is a key leading indicator for U.S. ports, cargo shippers, truckers and railways. A container ship that doesn’t...
