Domestic intermodal has not yet been able to demonstrate the ability to fully recover from the share lost during the post-pandemic surge, though private owners of domestic containers are hoping to change that.
While the FMC seeks input over whether to declare an emergency need for information sharing by container lines, the agency’s advisory committee has suggested setting up a parallel carrier group to improve dialogue.
Some of the largest US less-than-truckload carriers, including FedEx Freight, are adding terminals and doors to their networks as LTL freight demand defies the threat of economic recession.
The US Department of Transportation has announced project grants designed to improve container handling at three ports, including the US’s largest gateway.
Yang Ming also announced two-year extensions of charters for four 14,000 TEU container ships, including the YM Wish and YM World that are currently deployed on Asia-Middle East services.
As a new clean truck rule in California looms, replacing older trucks with compliant vehicles is becoming increasingly difficult – and costly – amid shortages of microchips and other parts.
While spot rates are easing in some markets, Hapag-Lloyd said the second half of the year is likely to exceed previous expectations based on current performance.
The Harbor Trucking Association says it will provide evidence to the FMC about the burdens that West Coast drayage carriers face in returning empties to Los Angeles–Long Beach marine terminals.
Strong trucking demand beyond the truckload spot market is keep pressure on truck pricing, and will do so into 2023, speakers at a JOC webcast said Wednesday.
East Coast congestion continues to be a concern for carriers as more West Coast volumes are diverted, slowing cargo flow at East and Gulf coast ports.