The MPV sector’s market correction seems to have bottomed at charges nonetheless wholesome for house owners and carriers, even because the sector feels stress from minor bulk carriers looking for cargo.
Yellow insists that its restructuring plan “is important to compete towards nonunion carriers that dominate the LTL enterprise right now.” (Yellow Corp.) [Stay on top of transportation news: Get TTNews in your inbox.] Much less-than-truckload provider Yellow Corp. filed go…
The Mack Vehicles Lehigh Valley Operations facility in Macungie, Pa. (Ryan Collerd/Bloomberg Information) [Stay on top of transportation news: Get TTNews in your inbox.] Mack Vehicles reached a tentative five-year labor settlement with the United Auto Staff, the car producer…
Atlanta, GA — October 17, 2023 — IntelliTrans, a pacesetter in international multimodal options for optimizing provide chain operations for bulk and break-bulk industries, pronounces that Ken Sherman, Trade Professional and Former President of IntelliTrans, shall be presenting “The right…
With little signal of reserving will increase on the Asia-Europe commerce forward of Chinese language New Yr, analysts consider carriers will likely be oversupplied with capability until additional cuts are made.
Carriers implement crusing cuts amid berth work at India’s JNPT On high of erratic berth availability at JNPT, ocean carriers have obtained a value escalation blow with India’s nationwide port regulator approving important tariff hikes at two key terminals.
Cargo quantity on the third-largest LTL provider within the US jumped almost 9% in July from a yr in the past and three.2% from June as shippers moved freight away from rival provider Yellow.
