The container delivery market is effectively down the trail towards normalcy, and if present situations proceed for one more few months, the surge-related quantity overhang will likely be labored off, writes analyst Larry Gross.
Shippers and port executives say the post-COVID shift of cargo again to Hong Kong is being hampered by the worldwide hunch in demand as developed nations grapple with elevated inventories and inflationary pressures.
[Stay on top of transportation news: Get TTNews in your inbox.] Greater than half a 12 months after the launch of an information-sharing discussion board meant to facilitate communication between freight stakeholders, the nation’s prime transportation officer gave it a…
The Port of Savannah says plans for extra reefer rack capability will add to its market share for chilly chain imports coming into the US Southeast and Gulf Coast.
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.
The Amazon DTW1 success heart in Romulus, Mich. Paul Sancya/Related Press) [Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — Amazon on Feb. 2 reported worse-than-expected income, however its income beat expectations, boosted by gross…
Whereas US intermodal shippers are happy service has improved, some don’t want the service reliability they sought earlier within the 12 months due to elevated inventories and fears of an financial recession.
