Echo Global Logistics expands in Mexico as cross-border business grows The Chicago-based third-party logistics provider said demand from US shippers is drawing it and its competitors deeper into the cross-border freight market. Echo Global Logistics expands in Mexico as cross-border business grows Journal of Commerce
Read More →Echo Global Logistics expands in Mexico as cross-border business grows
on March 21, 2024in Industry News
Maersk resumes trans-Pacific service amid early ‘24 import growth
on March 21, 2024in Industry News
Maersk resumes trans-Pacific service amid early ‘24 import growth The carrier said the restored TP20 service will offer “competitive”’ transit times just as shippers need to ensure products are in stock for spring and summer. Maersk resumes trans-Pacific service amid early ‘24 import growth Journal of Commerce
Read More →OOCL posts 2023 net profit, although slashed significantly in ‘normalizing’ market
on March 21, 2024in Industry News
OOCL posts 2023 net profit, although slashed significantly in ‘normalizing’ market The carrier gave a highly uncertain outlook for the industry, outlining a litany of potential disruptors for 2024 that include Red Sea vessel diversions, high interest rates and geopolitical tensions. OOCL posts 2023 net profit, although slashed significantly in ‘normalizing’ market Journal of Commerce
Read More →OOCL posts 2023 net profit, though slashed significantly in ‘normalizing’ market
on March 21, 2024in Industry News
OOCL posts 2023 net profit, though slashed significantly in ‘normalizing’ market The carrier gave a highly uncertain outlook for the industry, outlining a litany of potential disruptors for 2024 that include Red Sea vessel diversions, high interest rates and geopolitical tensions. OOCL posts 2023 net profit, though slashed significantly in ‘normalizing’ market Journal of Commerce
Read More →DB Schenker profitable 2023 shows it’s still the jewel in Deutsche Bahn crown
on March 21, 2024in Industry News
DB Schenker profitable 2023 shows it’s still the jewel in Deutsche Bahn crown The global forwarder is up for sale, and its high level of profitability during an otherwise challenging year for logistics could improve a selling price that analysts have already said could top $20 billion. DB Schenker profitable 2023 shows it’s still the […]
Read More →Uber Freight expands drop-and-hook program with emphasis on utilization
on March 21, 2024in Industry News
Uber Freight expands drop-and-hook program with emphasis on utilization Demand for drop-and-hook capacity is prompting freight broker Uber Freight to invest in more markets for its Powerloop program, which marries GPS tracking of trailers to available shipper loads. Uber Freight expands drop-and-hook program with emphasis on utilization Journal of Commerce
Read More →Small trucking firms handling more freight, slowing capacity drain: survey
on March 20, 2024in Industry News
Small trucking firms handling more freight, slowing capacity drain: survey A Truckstop.com survey of more than 2,000 US motor carriers found those fleets drove an additional 3,000 miles in 2023 and handled more loads, staying on the road and slowing an expected decline in available capacity. Small trucking firms handling more freight, slowing capacity drain: […]
Read More →SC Ports lands deal seeks to make North Charleston ready for bigger ships
on March 20, 2024in Industry News
SC Ports lands deal seeks to make North Charleston ready for bigger ships The purchase of an industrial site next to the terminal is part of Charleston’s plan to allow the facility to handle container ships that are double the size of the vessels it can currently accommodate. SC Ports lands deal seeks to make […]
Read More →SC Ports land deal seeks to make North Charleston ready for bigger ships
on March 20, 2024in Industry News
SC Ports land deal seeks to make North Charleston ready for bigger ships The purchase of an industrial site next to the terminal is part of Charleston’s plan to allow the facility to handle container ships that are double the size of the vessels it can currently accommodate. SC Ports land deal seeks to make […]
Read More →APM enhances partnership for ultra-large container terminal at Haiphong port
on March 20, 2024in Industry News
APM enhances partnership for ultra-large container terminal at Haiphong port The terminal operator said it hatched a new agreement with a Vietnamese logistics company that increases its involvement in developing an ultra-large container terminal in the country’s northern region. APM enhances partnership for ultra-large container terminal at Haiphong port Journal of Commerce
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