It seems as though everyone has felt the impact of COVID-19 and the dramatic decline of business. However, there may be a glimmer of hope for those that handle International, primarily ocean freight. With air rates significantly increasing and capacity decreasing, many shippers are turning to the ocean to move their cargo. This could mean a steady, or hopefully speedy, increase in volumes. Fingers crossed! See the full article here .
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One of the benefits to working with Xenon Freight Solutions is that we take on the task of tracking your containers to ensure that we are fully prepared to pull and deliver once they arrive. This type of advancement in updates will help ensure accuracy so we can continue to plan accordingly and work to save costs like prepull and storage once containers arrive. See the full article here .
"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 .