Forward Air looks to hook high-value shippers in Omni Logistics deal
Omni’s international and US forwarding customers are expected to send more freight to Forward Air’s expedited less-than-truckload network in the US.
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New ships coming to trans-Pacific expected to overwhelm rate gains
A sharp increase in new vessel deliveries over the coming weeks is forecast to put more pressure on ocean carriers to blank sailings —
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Asia-US container spot rates keep rising amid more blank sailings
Spot rates in the eastbound trans-Pacific continue to move higher, although a planned general rate increase this week could be the last one for
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BNSF Logistics turns to Trucker Tools for brokerage software
Top 30 freight broker BNSF Logistics said it will use Trucker Tools software to improve visibility and freight matching for its surface transportation customers.
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Panama Canal delays raise risks for shippers, but not yet biting
The Panama Canal’s limits on vessel drafts and transits have yet to make big impact on container shipping, but at least one forwarder is
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No US freight rebound until 2024: analysts
The current freight downturn could continue until mid-2024, thanks to lower manufacturing output, high levels of employment and excess capacity, experts told the Journal
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Yang Ming, Wan Hai end profitable runs with Q2 loss
The rapid normalization of container shipping markets claimed its first victims as tumbling rate levels dragged Yang Ming and compatriot carrier Wan Hai into
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ILA flexes to fight on multiple beachheads
Sources say USMX has made the ILA an offer on par with the increases the ILWU secured in its latest contract. However, the ILA
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Omni Logistics purchase to expand Forward Air’s LTL, global reach
The merger of third-party logistics provider Omni and expedited less-than-truckload (LTL) carrier Forward Air will create a more multimodal LTL network focused on high-value
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