Ro/ro surge driving new funding by carriers
Recovering car exports and demand for top and heavy cargo are driving a ro/ro resurgence and a spate of latest ship orders.
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Price hikes resurface on India-US trades as carriers strive capability readjustments
Encouraging carriers of their considerably tentative bid to lift charges from current lows are India’s commerce indicators, together with the nation’s function as a sourcing different to China.
Paccar Gross sales, Elements Unit Push Quarterly Revenue to Report
A Peterbilt electrical truck. Paccar is the guardian firm of Peterbilt and Kenworth. Paccar CEO Preston Feight famous sturdy curiosity within the firm’s battery-electric automobiles in the course of the earnings name. (Paccar) [Stay on top of transportation news: Get…
Federal Grant to Enhance Entry at Indiana Agribusiness Park
Cass County Agribusiness Park will get improved entry for vans. (Cass County Financial Improvement) [Stay on top of transportation news: Get TTNews in your inbox.] U.S. Secretary of Commerce Gina Raimondo introduced a $1.75 million grant to a rural Indiana…
LTL service Roadrunner finds sooner community attracts extra freight
Extra freight density, a tighter point-to-point community and higher knowledge have enabled successive rounds of transit time cuts at Roadrunner, which firm executives declare is gaining shipments.
Kroger and Albertsons to Promote 413 Shops to C&S
(Luke Sharrett/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] Kroger Co. and Albertsons Cos. agreed to promote 413 shops to C&S Wholesale Grocers in a divestiture designed to assist win antitrust approval for his or her…
Auto Gross sales Fell 8% in 2022 Amid Provide Chain Struggles
A row of Ford Fusions on the market on the lot at Butler County Ford in Butler, Pa. (Keith Srakocic/Related Press) [Stay on top of transportation news: Get TTNews in your inbox.] DETROIT — Shortages of pc chips and different…