Estes commits to more technology spending after October cyberattack
With its systems restored, the LTL carrier plans to “lean into” technology development and investment for greater security and visibility.
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LTL carriers aim high in pricing as market continues to settle post-Yellow
Large LTL trucking providers are raising tariff rates 5% to 8% on average, but the LTL PPI slowed its growth to under 1% in October.
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CMA CGM commits €100 million to new Paris-based AI research lab
CMA CGM is moving beyond funding and supporting startups with a hefty investment into a non-profit lab designed to improve data models that feed
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November rate plunge negates carrier pricing activity on India-Europe trade
Still, the latest Indian trade data presents some hopeful signs for supply chain stakeholders, as the country's merchandise exports grew 6.3% by value year
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No easy fix on horizon for Panama Canal woes as shipping sector scrambles
Carriers, shippers and logistics executives may have to get accustomed to drought-related restrictions along the critically important waterway, with costly water-saving infrastructure improvements years
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Oversupply weighs heavily on US truckload market, keeping prices in check
Although small trucking firms are folding, there is still a large supply of carriers and trucks keeping a lid on pricing amid soft demand.
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MPV indices from Toepfer, Drewry continue down different paths
While long-term optimism supports the MPV market, industry analysts see short-term divergence in time charter rate averages.
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Intermodal savings poised to remain steady through end of the year: ISI
Shippers saved nearly 26% using domestic intermodal instead of highway options in the third quarter, roughly in line with long-term averages.
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US imports from Asia hit 2023 high in October despite muted peak season
While October is typically one of the busiest months of the year for West Coast ports, the region’s market share of imports from Asia
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