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American Shippers, Draymen Want Ocean Carriers Out of Chassis Pools

"Leasing companies say a neutral chassis pool lacks incentive to invest the tens of millions of dollars each year to maintain a viable chassis equipment." Even though ocean carriers have moved the ownership of their chassis to third party service providers, many believe that they still have influence over the cost to use the equipment. This has upset draymen so much that the IMCC (American Trucking Associations' Intermodal Motor Carriers Conference) is prepared to file legal action if necessary. It will be interesting to see if both the third party providers and ocean carriers are persuaded to make any changes.

Check out the full article here.

HOS Reform Gives Truckers Time, Shippers Capacity

There's no denying that the ELD regulations that went into effect a few years ago caused major panic throughout the industry. It caused a number of truckers to refuse longer haul moves and/or minimize the number of loads they would handle. On top of that, we saw a decrease in capacity with many truckers quitting and an increase in costs as many implemented a layover fee to cover those additional expenses. Since that time, many truckers have found ways to make it work but the layover fees and additional costs have stayed in effect. With COVID-19 and the hardship we have already seen as an economy and an industry, it appears that the FMCSA (Federal Motor Carrier Safety Administration) is set to implement "tweaks" to the regulations. Among these tweaks is governing how much time truck drivers may work behind the wheel or on docks each day and week. These changes will create $274 million in annual savings for the U.S. economy and the trucking industry.
Check out the full a…

US Importers Urged to ‘Proactively’ Challenge Demurrage Charges

We, in the logistics industry, have already seen the immediate effects of the Coronavirus to international shipping. With China being the first to experience the Covid-19 pandemic, the U.S saw an immediate slow down of imports. Now that the disease has made its way to the United States, we are experiencing the effects even more with many businesses being forced to close shop until the spread of the virus slows down.

This is posing a serious problem when it comes to inbound ocean containers that were already on the water when the pandemic began. Many containers are arriving into ports but have nowhere to go as the receiving facilities are closed until further notice. As you will see in the JOC article below, BCO's are being urged to contest demurrage and detention charges with the steamship lines as blank sailings will cause a rash of penalties if it remains difficult to return empty containers to marine terminals.

Recent reports are indicating that China will be increasing product…

Why Procurement Planning is Critical Ahead of Chinese New Year

Chinese New Year is just around the corner. With most Asian countries closing for the better part of a week, now is the time to ensure that your customers get their freight moving to ensure production expectations for Q1. The below article explains in detail how delaying your shipments can actually end up costing your company more money in the long run. It is important to plan your shipments accordingly around the holiday. 
See the full article here.

How Shippers Should Manage Their Bids

With bid season quickly approaching, it's important to work with a vendor you can trust. At Xenon Freight Solutions, we have a bid team that is ready to assist with your 2020 opportunities to help secure the business! Contact us at sales@xenonfs.com to learn more. 
See the below article from Freightwaves identifying important factors to consider when choosing a vendor to handle your bids:
https://lnkd.in/emx9zND


US to cancel, reduce some tariffs under partial trade deal with China

With the new year fastly approaching, we will hopefully see a spike in volumes from the reduction of the tariffs between China and the U.S.

See the full article here.

China Says U.S. Agrees to Phased Tariff Rollback if Deal Reached

The China-U.S. tariffs have had a huge impact on both the importing and exporting of goods this year. However, there seems to be some light at the end of the tunnel. Representatives from both China and the U.S. are working towards a deal that will allow the tariffs to be rolled back in phases. With the New Year (and Chinese New Year) fastly approaching, it will be interesting to see the impact these reductions in tariffs will have for Q1.


See the full article here.