Non-union layoffs edge Yellow closer to collapse
Word of layoffs among non-union staff at Yellow spread Friday, and shippers report less-than-truckload (LTL) pricing is already moving higher in anticipation of a
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CMA CGM reports $1.3 billion Q2 profit despite flat volume
"Normalizing" container shipping market conditions slashed more than $6 billion from CMA CGM's quarterly earnings compared with an overheated 2022, but the carrier remains
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FMC’s Dye offers fixes for container flow problems through US ports
The FMC commissioner will consider how her proposals would work at three of the country’s busiest gateways — the ports of Los Angeles and
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Cargo flow woes persist at India’s Mundra Port after cyclone disruption
Concerned over the trade chaos at Mundra, India’s Container Shipping Lines Association said that vessel scheduling on services out of the country had become a
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ODFL focusing on capacity, cost management in LTL downcycle
Freight volumes were down almost 12% in the second quarter at Old Dominion Freight Line, but the less-than-truckload carrier says it will continue to
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Union Pacific appoints Jim Vena as CEO amid focus on ‘improving service’
After UP’s 2022 performance failed to meet the expectations of shareholders, an activist investor called for current CEO Lance Fritz to be replaced by
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New Jersey port stakeholders say state police ready for oversight task
Maritime employers expect New Jersey State Police oversight of longshore hiring in the state will be easier and less burdensome than it was under
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Major forwarders riding out slow return of traditional freight markets
The CEOs of DSV and Kuehne + Nagel, shrugging off heavily distorted year-over-year comparisons, described their second-quarter results as “solid” and reflective of the
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Savannah reopens berth at Garden City Terminal, boosting capacity by 25%
The Georgia Ports Authority has acknowledged the added berth capacity was sorely needed during the worst of the pandemic-driven port congestion when Savannah’s queue
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