UPS bolsters healthcare business with MNX Global Logistics acquisition The addition of Atlanta-based MNX closely follows an acquisition in France as UPS builds out its expedited and temperature-controlled capabilities in the healthcare sector. UPS bolsters healthcare business with MNX Global Logistics acquisition Journal of Commerce
Read More →UPS bolsters healthcare business with MNX Global Logistics acquisition
on September 28, 2023in Industry News
Inland23: US trucking costs rising amid weak demand
on September 27, 2023in Industry News
Inland23: US trucking costs rising amid weak demand Rising labor costs — both behind the wheel and at the warehouse, elevated diesel prices and cross-dock scarcity in major cities are making it more costly to run transportation networks, attendees at the Journal of Commerce’s Inland Distribution Conference were told. Inland23: US trucking costs rising amid […]
Read More →Norfolk Southern expands Florida service through deal with FEC
on September 27, 2023in Industry News
Norfolk Southern expands Florida service through deal with FEC The Class I railroad said it and Florida East Coast Railway are looking to take more trucks off the road with the additional intermodal service offering. Norfolk Southern expands Florida service through deal with FEC Journal of Commerce
Read More →Rising green fuel costs offer looming challenge for carriers, BCOs
on September 27, 2023in Industry News
Rising green fuel costs offer looming challenge for carriers, BCOs While the costs of meeting shipping’s net-zero 2050 target are expected to run into the trillions, Europe’s emissions trading system presents a more immediate decarbonization cost that awaits European cargo owners in the new year. Rising green fuel costs offer looming challenge for carriers, BCOs […]
Read More →New Shanghai contract fails to budge skeptical carriers on container futures
on September 27, 2023in Industry News
New Shanghai contract fails to budge skeptical carriers on container futures The concept of widespread use of a hedging tool continues to face an uphill battle within the container sector years after it was introduced, especially among carriers whose buy-in is considered essential to confer legitimacy on the fledging market. New Shanghai contract fails to […]
Read More →New Shanghai product fails to budge skeptical carriers on container futures
on September 27, 2023in Industry News
New Shanghai product fails to budge skeptical carriers on container futures The concept of widespread use of a hedging tool continues to face an uphill battle within the container sector years after it was introduced, especially among carriers whose buy-in is considered essential to confer legitimacy on the fledging market. New Shanghai product fails to […]
Read More →Montreal’s uncertain mega-project opens window for Halifax, Saint John
on September 26, 2023in Industry News
Montreal’s uncertain mega-project opens window for Halifax, Saint John Halifax and Saint John are expanding their container terminals as Class I railroads see an opportunity to serve major inland destinations from the Eastern Canadian ports. Montreal’s uncertain mega-project opens window for Halifax, Saint John Journal of Commerce
Read More →Inland23: Industry not holding its breath for immediate freight recovery
on September 26, 2023in Industry News
Inland23: Industry not holding its breath for immediate freight recovery A muted peak and post-peak season for imports and intermodal activity has shippers and service providers eyeing a freight rebound no earlier than late 2024. Inland23: Industry not holding its breath for immediate freight recovery Journal of Commerce
Read More →Aggressive trans-Pac blank sailings likely through Lunar New Year amid freight downturn: sources
on September 26, 2023in Industry News
Aggressive trans-Pac blank sailings likely through Lunar New Year amid freight downturn: sources For importers and forwarders, the blank sailings mean the resulting schedule disruptions and “rolling” of cargo they are already experiencing at Asian load ports will force them to book more of their cargo with carriers they can count on to maintain schedule […]
Read More →Aggressive trans-Pac blank sailings likely through Lunar New Year amid freight downtown: sources
on September 26, 2023in Industry News
Aggressive trans-Pac blank sailings likely through Lunar New Year amid freight downtown: sources For importers and forwarders, the blank sailings mean the resulting schedule disruptions and “rolling” of cargo they are already experiencing at Asian load ports will force them to book more of their cargo with carriers they can count on to maintain schedule […]
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