Carriers maintain quick to trans-Pac capability cuts amid unclear import demand
Clean sailings throughout August held largely regular from July because the outlook for US import demand stays unclear, based on forwarders.
Clean sailings throughout August held largely regular from July because the outlook for US import demand stays unclear, based on forwarders.
Stalled since Could, the Ocean Transport Reform Technical Act of 2023 might by no means be taken up by the Home of Representatives as regulators are nonetheless struggling to implement final yr’s unique laws.
The Floor Transportation Board opened public periods final Wednesday for 3 days of testimony, however scheduled three extra days of largely digital periods this week to accommodate all events looking for to take part.
Signaling some development expectations, Indian container volumes noticed good points in August, hitting 1.9 million TEUs, up 14% from 1.7 million TEUs a 12 months earlier.
CBRE introduced the $23.8 million sale of Lacey Logistics, a 141,884-sq.-ft. Class A industrial constructing in Lacey, Washington, to a confidential purchaser. Brett Hartzell and Paige Morgan with CBRE Nationwide Companions within the Pacific Northwest represented the vendor, Panattoni Improvement…
A CATL battery pack on show on the 2022 IAA Transportation present in Hanover, Germany. (Krisztian Bocsi/Bloomberg Information) [Stay on top of transportation news: Get TTNews in your inbox.] Ford Motor Co. is investing $3.5 billion in an electrical automobile…
A number of giant LTL carriers, together with XPO and Estes, are including terminals as freight flows change and prospects shift enterprise amongst carriers as questions linger over Yellow’s future.