Transportation

Global ocean container carriers Geneva Switzerland-based MSC Shipping Company (MSC) and Copenhagen, Denmark-based Maersk A/S, a subsidiary of A.P. Moller-Maersk, said that they have reached a mutual agreement to terminate their 2M ocean alliance, a container shipping line vessel agreement in 2025.

When looking at the global supply chain, China’s role and influence on operations and processes cannot be understated. That was made clear by a pair of supply chain experts in a session at last week’s SMC3 JumpStart 2023 conference held in Atlanta.

The possibility of the economy entering a recession, at this point, appears to not be a matter of if it occurs, but when will it occur. That was a key theme in a session this week at the SMC3 JumpStart 2023 conference held in Atlanta.

U.S. rail carloads—at 230,545—saw a 3.3% annual gain, and intermodal containers and trailers—at 236,940 units—were off 6.7%.

Company officials said that with the addition of these lanes, the carrier can now move freight within one-day to and from PITT OHIO’s New York State-based terminals in Albany, Buffalo, Utica, and Watertown to terminals in it its Mid-Atlantic core territory. What’s more, the company added that, through this expansion, its shipper customers now have one-day transit times from nine PITT OHIO terminals to and from Albany, Buffalo, and Utica, with five Mid-Atlantic terminals now running next-day service...

For November, the most recent month for which data is available, the SCI reading was 3.0, up from -3.1 and -0.3 readings in September and October, respectively.

The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index, for December, came in at 115.2 (2015=100), for a 0.4% gain over November, which was off 2.5% compared to October. ATA also noted that calendar year 2022 tonnage rose 3.4%, marking the highest annual increase going back to 2018.

December’s van freight TVI came in at 215, down 4% compared to November and down 3.6% annually. This reading was 5.9% higher than December 2020, as well as the second-highest December reading in record, according to DAT. And the refrigerated (reefer) TVI, at 167, was off 4.0%, from November to December, and down 1.2% annually, with the flatbed TVI off 11.8%, from November to December, and up 3.2% annually.

Total December volume—at 1,325,121—fell 7.8% annually, trailing November’s 1,390,155 units. Trailers—at 78,074—fell 28.4% compared to December 2021, below November’s 30.8% annual decline. Domestic containers—at 632,207—were off 8.2%. And all domestic equipment, which is comprised of trailers and domestic containers, fell 10.9%, to 710,281. ISO, or international containers, fell 3.8%, to 614,840.

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LTL leader PITT OHIO is now transporting freight within one days’ time to and from their terminals in Albany, Buffalo, Utica and Watertown to terminals in their Mid-Atlantic core territory.

With the onset of the COVID-19 pandemic approaching the three-year mark next month, it is fair to say that how freight transportation, logistics and supply chain practitioners approach their operational processes has seen some changes over that time.

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Rail carloads—at 244,171—saw a 4.2% annual gain, and intermodal containers and trailers—at 241,829 units—fell 7%.

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