Q&A: ELDs and the future of truck capacity

Between the electronic logging device mandate and development of autonomous trucks, a brave new world for trucking lies just off the exit. Photo credit: Shutterstock The following are prepared responses to questions posed to panelists participating on the “Future of Freight” panel organized by the Council for Supply Chain Management Professionals… Journal of Commerce | Regulation & Policy

Plummeting US paper scrap exports to China set to freefall

US wastepaper exports must find other markets as China works to improve its environment. Photo credit: Shutterstock Falling US scrap paper exports to China are set to plummet further in the coming months following the 30 percent decline in September as more importers slash orders because of fears they can’t guarantee… Journal of Commerce | International Logistics

India to phase in customs reform through January

The RFID reform is intended to help India make further progress in speeding the flow of goods through the supply chain. Photo credit: Shutterstock Indian customs plans to roll out the already delayed use of radio-frequency identification (RFID) sealing tags for factory-stuffed exports in stages through Jan. 1, 2018 after a… Journal of Commerce | International Logistics

The trans-Pac co-load factor

The willingness of container carriers to sell capacity to resellers who openly distribute rates to the market is fueling the rate volatility that threatens direct contracting relationships between the carriers and shippers. So-called co-loaders, a niche category of large-volume non-vessel-operating common carriers (NVOCCs), are able to buy wholesale capacity in bulk… Journal of Commerce | International Logistics

JD.com commits to $1.2 billion in meat imports from US

China’s US beef imports are set to grow following the signing of a new agreement. Photo credit: Shutterstock China’s largest retailer JD.com has signed agreements to purchase meat worth more than $ 1.2 billion from the United States over the next three years in a deal expected to increase Montana’s beef export… Journal of Commerce | International Logistics

Oakland moves closer to largest in-port US logistics hub

The Port of Oakland was the 10th busiest US port in terms of total trade in 2016. Photo credit: Shutterstock Development of the largest logistics hub within the boundaries of a US seaport is almost ready to begin with the tentative approval Thursday by the Oakland Board of Port Commissioners of… Journal of Commerce | International Logistics

Strong fruit exports keep Brazil-Europe rates elevated

Exports of mangoes and apples have been key contributors to growth in the Brazil-Europe trade. Photo credit: Shutterstock East coast of South America (ECSA)-Europe freight rates of between $ 1,300 and $ 1,500 per TEU are expected to maintain those levels or increase in the coming weeks as strong demand for fruit exports… Journal of Commerce | International Logistics

FMC invites testimony for detention-demurrage hearing

The costs of containers stranded in yards can mount quickly and unexpectedly. Photo credit: Shutterstock WASHINGTON — US federal maritime regulators are asking the maritime industry to testify in mid-January on whether demurrage and detention fees — totaling millions of dollars annually — can be considered unreasonable and therefore void. The US… Journal of Commerce | International Logistics

Maersk to expand financing to shippers’ suppliers

Maersk Line is taking a pioneering new approach to trade finance. Photo credit: Shutterstock Maersk Line plans to expand a new program providing trade financing to customers by also providing credit to customers’ suppliers as well. The container line said it is close to sealing four loan agreements that are the first… Journal of Commerce | International Logistics

Long-term investment aversion fuels shipping startups

Tech solutions are flooding into container shipping. Photo credit: Hapag-Lloyd A dwindling appetite by shippers and carriers to invest in long-term technology projects that carry a delayed return on investment is helping to stoke the digital start-up fire and its expanding array of targeted solutions.Inna Kuznetsova, president and COO of online… Journal of Commerce | International Logistics