US truckload shippers are displaying extra “sensitivity” to produce and repair points, supporting a brand new spot market pricing ground however not giving charges a lot raise, in keeping with trucking and logistics executives.
Yang Ming echoed the warnings of its opponents, saying shopper spending energy has fallen for the reason that fourth quarter of final 12 months due to inflation, whereas excessive stock ranges have additionally affected demand.
US transportation corporations with money available are buying asset-based truckers and non-asset freight brokers alike so as to add providers and shipper clients and construct community density.
[Stay on top of transportation news: Get TTNews in your inbox.] Volvo Group reported elevated income and internet revenue within the third quarter as deliveries of vehicles rose 21%, with the strongest income coming from Europe as fleets changed ageing…
Southern West Virginia Group & Technical School introduced the arrival of the CDL driving simulators Oct. 2. (Southern West Virginia Group & Technical School by way of Fb) [Stay on top of transportation news: Get TTNews in your inbox.] A…
The extreme area constraints that drove container transport charges to report ranges over the previous two years are over, easing shippers’ reliance on long-term fastened charges.
Provide chain options supplier PSA BDP is increasing its footprint within the electrical car (EV) battery sector, asserting plans to construct a specialised warehouse in Dunkirk, France, that meets trade requirements for battery dealing with. Philadelphia-based PSA BDP says the…
