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Brazil exports feel impact of congestion woes as empty equipment remains limited

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Mounting congestion brought on by peak season volumes and port construction is making it difficult for exporters in Brazil to secure empty boxes. Source link

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Cosco shareholders back $2.2 billion order for 12 methanol-fueled ships

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The order for the 14,000-TEU ships continues the tussle between methanol and liquefied natural gas (LNG) as the preferred fuel for the next generation of container ships. Source link

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US spot intermodal savings dipped in Q3 but remained above historical norms

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While intermodal providers increased pricing in Southern California, truckload carriers also raised rates as demand grew with surging port volumes, negating any modal shifts based on budgetary concerns, the latest Journal of Commerce Intermodal Savings Index showed. Source link

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Hapag-Lloyd sees possible pre-LNY cargo rush amid ‘very healthy’ demand

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The carrier, which reported $1 billion in net profit for the third quarter, says the potential boost in volumes could come as US importers seek to beat the possible implementation of new tariffs on Chinese goods by the incoming Trump administration. Source link

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Uber Freight opens up truckload capacity network to rival brokers

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Regulator proposes tougher transparency requirements for US freight brokers Brokers would have to make transaction records, including shipper rates, available to trucking companies electronically and the requirements could supersede non-disclosure agreements, according to a proposed rule from the Federal Motor Carrier Safety Administration. Source link

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K+N acquires majority stake in big US drayage provider

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The deal for privately-owned IMC Logistics gives NVO Kuehne+Nagel a significant advantage in selling door-to-door products to cargo owners. Source link

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New precedent established for politics to drive longshore union negotiations

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While the presidential campaign is no longer a factor, the new Trump administration will likely be similarly disinterested in a strike of any significant length and, it can be assumed, will get directly involved in talks. Source link

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BC ports to reopen, but longshore union plans challenge to back-to-work order

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Dockworkers in British Columbia, as well as Montreal, say Labor Minister Steve MacKinnon’s order to accept binding arbitration goes against their rights under Canada’s constitution. Source link

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Panama Canal chief offers land bridge option to transship containers across isthmus

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Developing an over-the-road network to handle containers carried on ships too large to traverse the waterway could increase the canal’s annual throughput by over 60%, officials say, although funding concerns exist. Source link

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Evergreen, HMM follow peers in reporting bumper Q3 profits

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The strong quarterly results mirror those of other carriers, including CMA CGM, Yang Ming Marine and Wan Hai Lines, which have also recently reported stellar third-quarter financials. Source link

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