Carriers quoting trans-Pac rates of $5,000/FEU on Suez-linked equipment imbalances
The new rate move by carriers comes as the security situation in the Red Sea shows no signs of improving and amid retail restocking in
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US trucking workforce on edge of seasonal cliff after job losses
US trucking employment shrank last year, and seasonal trends point to more cuts in 2024 amid weak freight demand.
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HMM boosts India-USEC capacity by signing onto ONE’s new WIN service
HMM has opened an array of connections out of India in recent years, including the launch last August of a solo, 12-vessel string connecting
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Red Sea attacks tackle high capacity-low rate challenge for carriers
Some analysts are reassessing their outlook for the container shipping industry as the Red Sea crisis absorbs capacity and pushes rate levels higher on
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MSC, CMA CGM look to push stagnant trans-Atlantic rates higher
Rates on the headhaul corridor have been loss-making for the last few months, so carriers are trying to get prices up to what they
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Gulf Coast ports eyeing expansion amid ‘modest’ growth forecast
Although they were unable to completely escape last year’s downturn, ports in the region recorded import declines that were well below the national average.
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3PL Kenco expands warehousing reach in key US markets
The acquisition of The Shippers Group gives Kenco greater distribution capacity and underscores resilient demand for space and integrated logistics services despite a weak
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