As Asia-US shipping rates rise, so does skepticism on staying power

Container lines have used general rate increases (GRIs) to forcibly push up Asia-U.S. spot rates, yet there’s widespread skepticism on rates’ staying power given the gravitational pull of weak demand. Carriers introduced a round of GRIs on April 15 and are scheduled to implement the next round on May 1. But Linerlytica reported Monday that…

Sick leave, crew consists still on the table between unions, railroads

Negotiations between U.S. Class I railroads and unions representing operating craft employees, such as locomotive engineers and train conductors, regarding sick leave and scheduling will likely last through summer, according to Jeremy Ferguson, president for the International Association of Sheet Metal, Air, Rail and Transportation Workers – Transportation Division (SMART-TD).  The unions and the railroads…

Freight recession, port report and the art of supply chain – WTT

On today’s episode of WHAT THE TRUCK?!? Dooner is breaking down the data behind the freight recession with FreightWaves’ Donny Gilbert. Capt. John Konrad V, CEO of gCaptain, reviews “War Sailor”; talks about what’s going on with ocean trade; shares the importance of investing in U.S. shipping; weighs in on the probability of China invading…