Yellow sells 23 leased terminals to big LTL carriers for .9 million Six large US LTL carriers, led by Saia and Estes, acquired a small portion of Yellow’s remaining facilities at auction this week, keeping the lion’s share of properties sold to date out of the hands of developers. Yellow sells 23 leased terminals to […]
Read More →Yellow sells 23 leased terminals to big LTL carriers for $82.9 million
on December 21, 2023in Industry News
Container lines unleash surcharges linked to Red Sea diversions
on December 21, 2023in Industry News
Container lines unleash surcharges linked to Red Sea diversions The anticipated costs to shippers of the Red Sea crisis are becoming clearer, with rate hikes and surcharges announced by ocean carriers. Container lines unleash surcharges linked to Red Sea diversions Journal of Commerce
Read More →Container lines unleash surcharges linked to Red Sea diversions as spot rates jump
on December 21, 2023in Industry News
Container lines unleash surcharges linked to Red Sea diversions as spot rates jump The anticipated costs to shippers of the Red Sea crisis are becoming clearer, with spot rates up sharply and rate hikes and surcharges announced by ocean carriers. Container lines unleash surcharges linked to Red Sea diversions as spot rates jump Journal of […]
Read More →California’s clean air deadlines ‘unrealistic’ without more financial resources: coalition
on December 20, 2023in Industry News
California’s clean air deadlines ‘unrealistic’ without more financial resources: coalition Freight transportation interests say the lack of technological and financial support they need to meet the state’s clean air rules is putting “aggressive” zero-emission deadlines in doubt. California’s clean air deadlines ‘unrealistic’ without more financial resources: coalition Journal of Commerce
Read More →New CMA CGM service is sixth to add Port Everglades calls this year
on December 20, 2023in Industry News
New CMA CGM service is sixth to add Port Everglades calls this year The service will be heavily focused on transporting refrigerated cargo but will also allow for dry cargoes coming out of Latin America to find a new path to the US. New CMA CGM service is sixth to add Port Everglades calls this […]
Read More →New CMA CGM service is sixth to add Port Everglades call this year
on December 20, 2023in Industry News
New CMA CGM service is sixth to add Port Everglades call this year The service will be heavily focused on transporting refrigerated cargo but will also allow for dry cargoes coming out of Latin America to find a new path to the US. New CMA CGM service is sixth to add Port Everglades call this […]
Read More →FedEx Freight keeping LTL gains from Yellow as market settles
on December 20, 2023in Industry News
FedEx Freight keeping LTL gains from Yellow as market settles While the largest US trucking company increased its daily volume 4.6% this fall following Yellow’s summertime collapse, year-over-year comparisons reveal a soft market. FedEx Freight keeping LTL gains from Yellow as market settles Journal of Commerce
Read More →NY-NJ port takes next steps to study dredging amid larger ship calls
on December 20, 2023in Industry News
NY-NJ port takes next steps to study dredging amid larger ship calls The port wants to dig to a 55-foot depth because an increasing number of vessels calling are testing the current capacity of its shipping channels. NY-NJ port takes next steps to study dredging amid larger ship calls Journal of Commerce
Read More →Carriers push Indian rates higher as Suez crisis muddles US, Europe routings
on December 20, 2023in Industry News
Carriers push Indian rates higher as Suez crisis muddles US, Europe routings After holding rates firm at end-November levels into the first week of December, major container lines have pushed short-term contract pricing substantially higher for Indian bookings in the last few days. Carriers push Indian rates higher as Suez crisis muddles US, Europe routings […]
Read More →DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike
on December 19, 2023in Industry News
DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Workers loading and unloading planes at DHL Express’s Cincinnati-Kentucky hub will get higher wages and better benefits in a deal that ends a strike that threatened to disrupt the carrier’s US operations. DHL, Teamsters agree on tentative pact, ending Cincinnati hub strike Journal of Commerce
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