Daily Trucking Digest – October 4, 2025

Daily Trucking Digest – October 4, 2025

PORT OF LONG BEACH CEO MARIO CORDERO TO RETIRE AFTER EIGHT YEARS AT HELM

Mario Cordero will step down as CEO of the Port of Long Beach, a key U.S. import gateway, after more than eight years in the role, prompting a leadership transition at one of the nation’s busiest container ports.


FEDEX FACES NEW MULTI-MILLION-DOLLAR CLASS ACTION OVER DRIVER MISCLASSIFICATION

More than 2,000 drivers have filed a class action alleging misclassification and unpaid overtime, renewing legal scrutiny of FedEx’s contractor model and potential liabilities for the parcel giant.


HAPAG-LLOYD TO SHUT CARIBBEAN EXPRESS SERVICE AMID WEAK TRANSATLANTIC DEMAND

Citing unsustainable market conditions, Hapag-Lloyd will discontinue its CES transatlantic loop early next year, a sign of continued capacity and pricing pressure on certain lanes impacting U.S.-bound cargo flows.


SPOT CONTAINER RATES FALL AGAIN ON MAIN EAST–WEST TRADES

Drewry’s World Container Index showed another week of declines on key lanes, as Golden Week disruptions and soft demand undercut pricing leverage for carriers serving U.S. importers and exporters.


ANALYSTS WARN FALLING OCEAN RATES THREATEN CARRIER PROFITS AS DEMAND COOLS

Global spot prices have slid to the lowest since early 2024, with Shanghai–U.S. routes under pressure; carriers are blanking sailings and trimming capacity to stem losses that could ripple through U.S. supply chains.


MAERSK RETROFIT PUSH AIMS FOR ‘LOW-HANGING FRUIT’ IN FLEET EFFICIENCY GAINS

Maersk’s planned upgrades on hundreds of chartered vessels target quick wins in fuel efficiency and emissions, moves that could influence service reliability and cost structures for U.S. shippers over time.


MSC TO ENFORCE TOUGHER RULES EARLY FOR CHARCOAL SHIPMENTS ON SAFETY GROUNDS

Ahead of formal regulatory changes, MSC will tighten acceptance standards on charcoal cargo to reduce fire risk, with potential impacts on commodity shippers and inland drayage scheduling at U.S. ports.


SEASPAN ORDERS TWO 11,800-TEU CONTAINER SHIPS AMID CAPACITY REALIGNMENTS

Shipowner Seaspan confirmed newbuild orders in China, adding to global capacity pipelines that continue to reshape carrier networks serving North American import lanes.


OIL HEADS FOR BIG WEEKLY DROP AS OPEC+ SUPPLY EXPECTATIONS WEIGH ON PRICES

Crude futures slid for the week, raising prospects for near-term diesel price relief for fleets, though refinery maintenance and regional dynamics could keep pump prices uneven across the U.S.


FDA LAUNCHES PILOT TO FAST-TRACK U.S.-MADE GENERIC DRUGS, EYEING SUPPLY CHAIN RESILIENCE

A new FDA program accelerates reviews for generics manufactured entirely in the U.S., part of a broader push to onshore critical pharma supply chains that drive cold-chain and parcel freight demand.


DETROIT ENFORCES NEW TRUCK BAN ON RESIDENTIAL STREETS IN SOUTHWEST CORRIDORS

City officials are restricting through-truck traffic near neighborhoods between Vernor and I‑75 to curb emissions, noise, and safety hazards, while preserving access for local deliveries.


J.B. HUNT SHARES RISE, OUTPERFORMING PEERS IN BROADLY POSITIVE SESSION

JBHT gained nearly 3% on Friday, marking a second day of advances; traders watched trucking equities as markets weighed tariffs, fuel trends and peak-season freight demand signals.


FORWARDERS WARN ‘DELAYS, DISRUPTIONS AND ADDED COSTS’ AS U.S. SHUTDOWN BITES

Logistics firms anticipate slower processing and higher costs as federal services are curtailed, with potential knock-on effects for trucking schedules, customs clearance, and air cargo operations.


ASIA–EUROPE AIRFREIGHT SEES BRIEF SURGE, BUT PEAK SEASON MOMENTUM REMAINS MUTED

Golden Week, weather and rail outages briefly lifted ex‑China air rates to Europe, yet carriers and forwarders expect only a short window of heightened activity with limited spillover to the U.S. market.

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