Summer doldrums pressure MPV sector, but long-term view positive
Sentiment is more positive in the longer term, with industry observers predicting a rebound in rates from 2024 onwards due to stronger cargo volumes
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LA-LB vessel backlog cleared as West Coast negotiators remain at bargaining table
Talks between the ILWU and maritime employers continued Friday for a third straight day, which sources called a positive indicator with negotiations hitting the
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US LTL trucking companies improving yield, profitability despite headwinds
Data from analysts and carriers shows less-than-truckload providers are staying disciplined when it comes to pricing despite a freight recession and softer US economy.
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Diverse players eyeing project forwarding space
Changes at Maersk and Combi-Lift reveal interest in capturing a larger share of the project forwarding market.
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US House bill aims to cap further growth in ship emissions
Legislation now in Congress would put commercial shipping under the oversight of the US Clean Air Act and set increasing targets for cutting carbon
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Southern California ports navigate vessel backlog after ILWU job actions
Cargo handling was back to normal Thursday in Los Angeles and Long Beach for the first time in a week, but the ports are
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Standoff between Yellow, Teamsters puts LTL shippers on alert
Yellow claims its ability to “continue as a going concern” is being impaired by Teamster opposition to its restructuring.
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Wilmington port gets new operator after GT USA’s unsettled tenure
The Delaware port will be turned over to terminal operator Enstructure, which has committed to advancing the proposed Edgemoor container terminal project.
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CMA CGM to acquire share of Cosco’s Spanish terminal unit
The Marseilles-based carrier continues to grow its terminal portfolio in strategic areas as part of a broad move to control the end-to-end logistics of
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