30 Apr 2022

Port Boosts Rail Capacity with New Project

TRAIN ACCESS, CARGO MOVEMENT IMPROVES WITH COMPLETED DOUBLE TRACK The Port of Long Beach has completed construction of a new rail project that will increase efficiency of goods movement and reduce congestion on local roadways by shifting more cargo to trains. The Double Track Access from Pier G to Pier J Project adds a second […]

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29 Apr 2022

Proposed California inland port project to relieve port congestion

  The California Inland Port project proposes to develop four inland logistics hubs in California’s San Joaquin Valley stretching from Bakersfield in the south to Sacramento in the north helping to reduce congestion at California ports, according to Lois Yates, a partner at Global Logistics Development (GLD) Partners. Adam Wasserman, managing partner at GLD Partners […]

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25 Apr 2022

Cooling of U.S. Truckload Rates may be ‘Delayed Seasonality’

  Truckload rates for U.S. spot market loads has cooled in the last three months. The market correction in trucking is currently limited to dry-van and temperature-controlled truckload, while demand and rates remain elevated for flatbed, less-than-truckload (LTL), and last-mile and parcel freight. Donald Broughton, transportation analyst and principal of Broughton Capital, said there is […]

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23 Apr 2022

“No Material Impact (Yet)” on Blank Sailings

No material impact on blank sailings has yet been observed from the lockdown in Shanghai said Sea-Intelligence. The lockdown in Shanghai differs from the Yantian closure in 2021 as Shanghai port remains open and operational, Sea-Intelligence said, with the “problematic part” being the closed manufacturing sites and warehouses, as well as a reduction in available […]

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21 Apr 2022

WTO Lowers Global Trade Growth Forecast to 3%

  The World Trade Organization (WTO) has said the logistics sector could be operating in less favorable market conditions in 2022. In its latest analysis on the outlook for world trade over the next two years, the WTO forecasts a decline in merchandise trade volume from 4.7% to 3.0% in 2022, and 3.4% in 2023 […]

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20 Apr 2022

Carriers hunt alternative ex-SE Asia cargo as lockdowns hobble China ports

Shanghai container port has been operating but the lack of trucking capacity has resulted in chaos in supply chains. According to a global forwarder, trucking and entry problems are creating pressure at some yards in Shanghai port. Additionally, some carriers which include Maersk and ONE, have “started to cancel calls at Shanghai to instead provide […]

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