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This Week in Logistics News (February 12 – 18)

Logistics Viewpoints

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500. By October, it was up to $6,000-$6,500 per FEU.

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The Impending Ocean Carrier War on Last Mile Fulfillment

Freightos

Even closer to end customers, in August, Maersk acquired Visible SCM, a Utah-based B2B/B2C company, which handles over 200,000 orders a day across nine fulfillment centers, as well as a European counterpart. For a forwarder, refraining from working with Maersk today is expensive because it removes 17% of global shipping capacity.

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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

Capacity finds those opportunities, and throughout 2016, spot markets have restored 'normalcy' without generating the ripple effects that typically drive contract rates higher. If capacity isn’t nourished, it can disappear. Further West, Colorado, Utah, and Idaho all appear to be on track for onions and potatoes.

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Asian imports turn up the heat for vans on the West Coast

DAT Solutions

Demand for vans continues to heat up on the West Coast, boosting load-to-truck ratios in California, Oregon, Idaho, and Utah. Ships arrived late, and containers were unloaded and drayed to warehouses late, so that cargo is finally heading east and north. The map depicts outbound load-to-truck ratios by state, for dry van freight.