On the heels of a disappointing Q4 that pushed it behind earnings targets, Knight-Swift, the largest of the US truckload carriers, intends to expand through an acquisition in the LTL sector, while expecting a challenging first half for its core segment.

Shipments by truck in the fourth quarter suffered their largest drop since the height of the pandemic, according to the US Bank Freight Payment Index.

While Knight-Swift Transportation’s management had braced for a subdued spot market and infrequent project activity, general freight demand turned out to be “significantly worse than anticipated”, revealed CFO David Miller in the earnings call following the results announcement, on 23 January.

This demand slump drove a 41% drop in operating income, compared with the fourth quarter of 2021.

US Bank data shows US trucking volumes in Q4 22 down 7.1% year on year – a magnitude of decline not seen since the third quarter of 2020. The shipment count in Q3 22 was 4.6% down on Q3 21.

Both the For-Hire Truck Tonnage Index of American Trucking Associations (ATA) and the Cass Freight Shipments Index showed consecutive declines from September through December.

“A pullback in consumer spending is causing the truck freight market to soften,” said ATA SVP and chief economist Bob Costello. “At the same time, monetary policy changes are reducing demand for large-ticket items in interest rate-sensitive areas like autos and homes.”

Knight-Swift president and CEO David Jackson blamed the slowdown largely on moves by importers to bring in goods early to avoid supply chain snare-ups, and does not expect the coming months to be much better.

Samskip is adding the APM Terminals Gothenburg to their network to improve their rail freight offers from the port of Gothenburg to the Swedish hinterland. Moreover, Samskip’s presence in the terminal will allow them to start short-sea services between Scandinavia’s largest port and the rest of Europe.

The kick-off date has been set for 5 April 2023, from when Samskip will start calling weekly at APM Terminals’ renovated quay, adapted specifically to boost short-sea traffic. From the port, ships will sail to Aarhus, Runavik (in the Faroe Islands), Reykjavik, and finally reach Rotterdam after four days of sailing. Kenn Mellgren, operations manager at Samskip, pointed out that the company is ready to embrace combined sea-rail transport, considered “by far the most climate-efficient way of transporting containers”.

The port of Gothenburg is increasingly receiving freight trains. In 2022, for example, TEUs moved by trains in the port grew by 12 per cent. Already in 2022, the port of Gothenburg was planning to add new destinations to its network. This new partnership between APM Terminals and Samskip may be a step in this direction.

“This year’s growth resulted from long-distance services and increased short-distance rail operations. However, the biggest growth is evident in traffic to and from Northern Sweden,” explained the port. The port’s growth concerning rail freight can also be attributed to more industries flourishing in the Swedish North which require more and better transportation services.

Samskip’s initiative to join APM Terminals in the port of Gothenburg is not the first company’s initiative to boost sea-rail transport. In December 2022, for example, Samskip collaborated with Rotterdam Shortsea Terminals (RST) and Rail Service Center Rotterdam (RSC) to make the two terminals more efficient. “RST needs high-performance rail links and RSC needs short-sea traffic. Together, we have focused on the shunt to make sure units reach the ship or train they are booked for”, said Samskip back then.

Dear all, Good day!

My name is Tony, I work for NSR Intermodal as Sales&Logistic Mangaer. 

NSR Intermodal is an international logistic operator based in China, also a WCA member. Specializing on providing rail and multimodal freight services, including a wide range of local logistic services. Our goal is to promptly develop and implement for you a personal solution that enables you to get the most competitve advantage with your shipments.

We now have weekly block trains to Russia/Belarus and many other European cities, I am not sure if you have any shipments from China(both FCL and LCL) ? Maybe We can offer you the best possible rates.

If you have any interest in our services, just let me send you a profile and main routes of work of NSR Intermodal .

Thanks in advance!

Best Regards,

Hi, this side Mary from AMB. Hope you will be fine. We provide transport services in all over US. We handle all loads like as FTL, OTR, Drayage, Dray van and Reefer, Hazmat and Ocean also.  So If possible is there any load for this week or next week? I can provide you with the very best and competitive rates. Please get in touch with us for any such requirements. I give my email mary.jane@amblogistic.us Thank you so much. Have a nice day.

Hi, this side Mary from AMB. Hope you will be fine. We provide transport services in all over US. We handle all loads like as FTL, OTR, Drayage, Dray van and Reefer, Hazmat and Ocean also.  So If possible is there any load for this week or next week? I can provide you with the very best and competitive rates. Please get in touch with us for any such requirements. I give my email mary.jane@amblogistic.us Thank you so much. Have a nice day.

Ocean carriers are pulling capacity from Chinese export routes and redeploying the ships to more robust tradelanes with growth potential.

Moreover, the weakness in the Chinese market is prompting more discussions on carrier slot swap agreements between rival alliances.

“Poor cargo demand in China and falling ocean spot freight rates have led to significant changes in global fleet deployment,” said Alphaliner.

The consultant said according to its data, more than 565,000 teu of capacity was withdrawn from Asia-North America and Asia-Europe trades last year.

It noted the biggest tonnage shift in terms of capacity was to Middle East and India-related services, which saw a boost of 320,600 teu, or 11% of fleet capacity, added last year.

The highest percentage increase was seen on the transatlantic, which recorded a 16.2% increase in capacity with the addition of 162,300 slots, as the market remained resilient despite the demand downturns seen elsewhere.

Carriers do not expect the Chinese export market to recover anytime soon, and Japanese carrier ONE said yesterday, in its results outlook, that profitability was “expected to deteriorate”, due to a softening of demand.

It said the number of blanked sailings was “expected to increase due to the longer slack season around the Chinese New Year and the time it takes for cargo volumes to recover”.

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Customer choice is the direction of my efforts. I'm global logistics provider Bernie (China) a person who really puts himself in your shoes and deals with your problems for you. Nothing more

The end of an era: MSC and Maersk are ending the 2M alliance. The process will be finalized in January 2025. The decision is based on the state of the market that has undergone drastic changes and the need of each company to pursue individual goals. The alliance has become too difficult to integrate into different market verticals. What will happen next? Experts predict that MSC has grown big enough to be on its own (if the rumors are true, MSC will have stretched its orderbook to 134 ships more, totalling 1.84m teu), while for Maersk it is different. The company has kept the fleet flat, focusing on being an end-to-end logistics integrator, so Maersk will probably concentrate on its key markets. it has already announced that it will continue to be active in vessel-sharing agreements. Maersk has also given a glimpse of its strategy: the company discontinued shipping lines Hamburg Süd and Sealand for the sake of creating one consolidated brand. 

Routes and services 

• The eastern branch of the International North-South Transport Corridor gets a new service. KTZ Express now provides service from Mundra, in western India, to Almaty, in southeastern Kazakhstan via Turkmenistan and Uzbekistan.
• TX Logistik has launched two new connections between the port of Wilhelmshaven and southern Germany. The destination in Nuremberg is the Tricon container terminal and in Kornwestheim the train is destined for the Duss Kombiterminal. 
• To strengthen the connection between the port of La Spezia and the rest of Europe, Hannibal launches a new rail service between Marzaglia and Melzo, near Milan.
• Starting in February, CMA CGM will provide an intermodal service in Indonesia through the capital Jakarta. Cargo will be transported worldwide from Semarang and Surabaya. 
• YILPORT San Cataldo Container Terminal SpA has handled the first goods train at the Molo Polisettoriale of the Port of Taranto since the line restarted its work. 
• The newest cargo service by Hapag-Lloyd has added Jubail Commercial Port to the India Gulf Service 1. 

Other 

• To replace the current EU laws regulating transportation in the UK, the country is contemplating adopting Consortia Block Exemption Regulation. The current regulation expires in April 2023. The CMA warned that the new regulation should be in alignment with the existing one otherwise it can lead to higher costs for UK customers. 
• Bangladesh Customs has extended its authorized economic operator to nine more companies. This will help to avoid potential congestion as for this kind of companies, cargo does not go through physical checking and is directly delivered to factories or warehouses. 
• the Ocean Shipping Reform Act of 2022 is reportedly bringing fruits: since summer $700,000 in charges being refunded by carriers following the complaints reported to FMC. 
• Russian container market experienced a 15.8% year-on-year decline, despite the volumes coming from the Far East and even the launch of the liner service from the Black Sea port of Novorossyisk to India. Geopolitical constraints prevail. 
• The turbulent period for container rates to Asia is ahead after the Chinese New Year, so the carriers are all ready for the new blank sailings. Xeneta’s XSI Asia-North Europe component went down 2%  to $1,786 per 40ft, compared with $14,524 in the same period of 2022.

These are only several changes that occurred in more than 250 bn freight rates across 25 million routes with more than 1 million market players. Want to share some news about your company, services, and routes? Just post them on MAXMODAL, a multimodal network that digitally connects routes and rates worldwide to automate sales and operations across container transportation & logistics industry. Join to innovate.

Coopération

GD day we are freight forwarder based in Tunisia

I would cooperate with all for transport from and to Tunisia