With cargo volumes dropping in many of the world commerce lanes, provide chain bottlenecks that had contributed to deteriorating vessel schedule reliability in 2021-22 are now not a significant downside this 12 months.
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The MPV sector’s long-term outlook stays robust, however shippers are holding off reserving within the hope that charges will proceed to slip, analysts say.
A Home of Vans dealership. (Home of Vans by way of Fb) [Stay on top of transportation news: Get TTNews in your inbox.] Used Class 8 truck gross sales in April decreased 20% year-over-year to 17,600 models from 22,100 models,…
Costco customers go a show of big-screen televisions. (David Zalubowski/Related Press) [Stay on top of transportation news: Get TTNews in your inbox.] NEW YORK — People elevated their spending in June as inflation eased in lots of areas, and the…
Much less demand for its prospects’ items is slicing into tonnage and shipments at Previous Dominion Freight Line, however not the corporate’s income or revenue.
Wreckage of a California commuter prepare in Chatsworth in September of 2008. (Richard Vogel/Related Press) [Stay on top of transportation news: Get TTNews in your inbox.] OMAHA, Neb. — Passenger railroads nationwide will now be required to put in video…
