February 26, 2024

February 26 , 2024 • Vol . 25 • Issue 5 • $ 25.00 • www . joc . com

Red tide

Red Sea crisis , demand uncertainty muddle prelude to annual contract talks
TPM24 : March 3 – 6 , 2024 • Long Beach , California
USEFUL OVERCAPACITY
Container ship supply meeting Red Sea challenge , but market much tighter
P 32
PARTIAL RELIEF
Carriers resuming Panama Canal transits on some services as disruption eases
P 36
SURCHARGE SCRUTINY
Shippers ask FMC to increase oversight of Red Sea-linked fees
P 52
BEHIND THE CURTAIN
AI is impacting logistics at a faster pace , but in the background
P 58