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NYSHEX says will launch ocean freight rate indexes next year

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US retailers prepare for new ILA strike threat, tariffs on China imports Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods. Source link

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Global shippers’ alliance to launch pioneering e-fuel ocean tender

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The urgent creation of new e-fuel markets for the most scalable net-zero solutions is essential if global cargo owners are to achieve their 2030 and 2040 climate goals, according to ZEMBA. Source link

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Green ocean corridors hitting ‘feasibility wall’: Global Maritime Forum

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A lack of action at the government level is now the number one bottleneck facing green corridor projects, according to a new report. Source link

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US flag vessel owners, investors tout wave of support for expanding fleet

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The Ships for America Act and national security spotlight seen as growth opportunities for US-flag commercial fleet. Source link

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Importers navigate two-year high rail container dwells in Los Angeles-Long Beach

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Forwarders and industry analysts forecast strong import volumes through the early Lunar New Year that begins Jan. 29 as importers of time-sensitive merchandise and manufacturing components route shipments through the country’s busiest gateway. Source link

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Gemini says will use London Gateway for shared network vessel calls

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Maersk’s methanol ship conversion tests retrofitting business case Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier. Source link

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Prolonged US freight ‘recession’ to drag into 2025: transportation executives

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Global ocean volume in Q3 beat pandemic record: Blue Alpha Capital Frontloading and Red Sea diversions pushed volume and rates higher in the third quarter, and ongoing geopolitical disruption will allow carriers to extend their robust financial health into next year, according to the founder of the global equity firm. Source link

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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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