Overcapacity, weak demand show big drag on ONE’s earnings
The huge imbalance between vessel provide and demand is doing carriers no favors as earnings proceed to tumble massively off the file highs of final yr.
The huge imbalance between vessel provide and demand is doing carriers no favors as earnings proceed to tumble massively off the file highs of final yr.
The stays of a cell residence park in Fort Myers, Fla., are seen in Might, six months after Hurricane Ian ravaged the world. (Rebecca Blackwell/Related Press) [Stay on top of transportation news: Get TTNews in your inbox.] After predicting a…
Below commerce and political tensions with China, a rising variety of U.S. based mostly firms are investing in nearshoring as a method of minimizing provide chain disruption, and information from provide chain visibility supplier FourKites now exhibits that pattern is…
The Foretify Supervisor exhibits protection evaluation of check outcomes. (Torc) [Stay on top of transportation news: Get TTNews in your inbox.] Torc Robotics, an impartial subsidiary of Daimler Truck AG, introduced a multiyear strategic collaboration with Foretellix, a supplier of…
Carriers are already starting to regulate schedules forward of Europe’s new transport carbon tax, one thing forwarders say may scale back direct port connections and increase transshipment exercise.
Whereas demand for home rail freight within the UK grows, the community’s capability to deal with the extra advanced smaller shipments has been criticized by cargo house owners.
Quickly increasing furnishings firm Oliver Area, which gives a totally round residence furnishing expertise, is having fun with full stock visibility for the primary time since implementing Synergy’s SnapFulfil WMS suite. The San Francisco-based enterprise – which not solely delivers…