ILWU Canada contract ratification ensures BC port peace
The disruption laid bare the limits the Trudeau government will exercise to push both sides to a deal that was ratified Friday by
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Maersk’s lagging ‘integrator’ plan now needs to winnow costs: Clerc
Maersk has invested $10.5 billion in its logistics and services business to date, but results are falling behind plan after last year’s volumes evaporated.
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XPO plans to add capacity as LTL freight volumes surge
Shipment volume at the third-largest LTL carrier in the US jumped nearly 9% in July from a year ago and 3.2% from June as
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Shippers in control as summer slump, surplus space cuts air cargo rates
Air cargo capacity continues to grow through the summer, outpacing weak demand from major destination markets with no sign yet of any turnaround.
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Truckload carriers driving through lengthy freight market ‘bottom’
US truckload carrier executives say they don’t see any signs that freight demand will pick back up until the end of 2023.
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Maersk’s contract business cushions impact of ‘normalizing’ market
The carrier has more than two-thirds of its volume under long-term agreements, which provided some insulation from the tumbling second-quarter spot market.
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Ocean carriers, retailers failing in drive to decarbonize: Ship It Zero
A report card from the environmental campaigner claimed there was distinct lack of progress from the world’s largest retailers and ocean carriers on reducing
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US LTL carriers expanding revenue, profitability despite ongoing consolidation
The number of large US less-than-truckload carriers is shrinking, but the remaining operators are more profitable, have higher revenues and play a bigger role
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Yellow collapse seen hitting smaller, mid-sized LTL shippers hardest
The loss of the third-largest US less-than-truckload carrier is hitting a broad tranche of smaller, less sophisticated shippers hard as they struggle with volatile
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Ocean carriers shift capacity as trans-Atlantic slumps: Alphaliner
Ocean rates for North Europe to North America have fallen significantly below pre-pandemic levels on some of the trade lane indices after a wild
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