More ex-Yellow LTL terminals reopen under new ownership amid capacity boost XPO, Estes and Saia are starting to reopen terminals they acquired from bankrupt Yellow, adding to LTL trucking capacity as they pursue new business. More ex-Yellow LTL terminals reopen under new ownership amid capacity boost Journal of Commerce
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on April 22, 2024in Industry News
Ocean carriers push Panama Canal to mitigate climate effect on water levels
on April 22, 2024in Industry News
Ocean carriers push Panama Canal to mitigate climate effect on water levels While ship transits have increased in the short term, the canal needs to start long-term planning for how to address low water levels, ocean carriers say. Ocean carriers push Panama Canal to mitigate climate effect on water levels Journal of Commerce
Read More →Industry must prioritize service, labor and sell benefits to shareholders: CSX CEO
on April 22, 2024in Industry News
Industry must prioritize service, labor and sell benefits to shareholders: CSX CEO CSX chief Joe Hinrichs, speaking at the Georgia International Trade Conference, backed the value of intermodal and labor, two things under attack in recent years from activist investors more concerned with competitive margins and other financial metrics. Industry must prioritize service, labor and […]
Read More →Rising China-ECSA trade leads carriers to revamp services amid surging rates
on April 22, 2024in Industry News
Rising China-ECSA trade leads carriers to revamp services amid surging rates The burgeoning market opportunities have carrier Pacific International Lines to expand its presence in South America with the planned launch this year of eight country offices in the region. Rising China-ECSA trade leads carriers to revamp services amid surging rates Journal of Commerce
Read More →Warehousing demand in Southern California lagging import surge, for now
on April 19, 2024in Industry News
Warehousing demand in Southern California lagging import surge, for now Warehouse vacancy rates are still rising in Southern California due to what Prologis says is a long correction, but a wave of imports may change that. Warehousing demand in Southern California lagging import surge, for now Journal of Commerce
Read More →Norfolk Southern makes final push to thwart activist investor
on April 19, 2024in Industry News
Norfolk Southern makes final push to thwart activist investor The railroad and Ancora Holdings have been trading barbs ahead of a May 9 vote by shareholders that could see Ancora oust the railroad’s top executives. Norfolk Southern makes final push to thwart activist investor Journal of Commerce
Read More →Cautious shippers navigate post-pandemic landscape of visibility data tools
on April 19, 2024in Industry News
Cautious shippers navigate post-pandemic landscape of visibility data tools The primary dilemma for shippers is whether to source visibility data or applications from a standalone vendor or to expect it to be included in a bundle from a third-party logistics provider. Cautious shippers navigate post-pandemic landscape of visibility data tools Journal of Commerce
Read More →Supply-demand disruption continues to elevate South Asia air cargo rates
on April 19, 2024in Industry News
Supply-demand disruption continues to elevate South Asia air cargo rates Given the huge volumes involved in ocean freight, even a small percentage shift in transport mode from South Asia shippers is enough to keep air cargo demand and rates buoyant. Supply-demand disruption continues to elevate South Asia air cargo rates Journal of Commerce
Read More →Ocean carriers seek clarity on D&D billing to truckers under new FMC rules
on April 18, 2024in Industry News
Ocean carriers seek clarity on D&D billing to truckers under new FMC rules The World Shipping Council said the Federal Maritime Commission’s new rule on detention and demurrage is creating “substantial confusion and uncertainty.” Ocean carriers seek clarity on D&D billing to truckers under new FMC rules Journal of Commerce
Read More →Shippers putting ‘greater-than-expected pressure’ on freight rates: Knight-Swift
on April 18, 2024in Industry News
Shippers putting ‘greater-than-expected pressure’ on freight rates: Knight-Swift Knight-Swift and rival J.B. Hunt both say shippers are pushing hard for lower truckload and intermodal rates in service contracts as freight demand remains soft. Shippers putting ‘greater-than-expected pressure’ on freight rates: Knight-Swift Journal of Commerce
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