More US shippers finding LTL savings, but no ‘price war’
Several US shippers tell the Journal of Commerce they are getting rate concessions from their less-than-truckload carriers, but the price cuts are far from
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CMA CGM rides strong first half to record profits in 2022
Even as demand headwinds buffet container lines, the CMA CGM Group posted record earnings in 2022 thanks to the lingering effects of the pandemic-fueled
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US DOT opens $12.4 million in funding for maritime transportation projects
The federal government says it’s looking to fund projects across the country that will help move goods, particularly in rural areas, and strengthen the
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Adapt Your Data Exchange Strategy to the New Normal
Join us in this upcoming webinar with Joanna Dobrzyńska, Business Solution Manager at Comarch, where
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HMM’s two largest shareholders launch $6 billion share sale
The share sale would give the new owners management control over HMM, which has led to speculation only South Korean firms would be allowed
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Digital Freight Startup Transfix Gets New CEO
Transfix, like many freight brokers, has struggled over the past year as freight volumes and rates have fallen alongside waning demand.
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Nothing extreme about current unpredictability in container shipping: analyst
Demand has slumped, overcapacity is on its way, and a rate war is igniting in the trans-Pacific, but analyst Lars Jensen says those factors
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Crew That Unstuck the Ever Given Says It’s Owed More Money
The firm, known for flying employees from one shipping crisis to the next, argued this week that the ship’s Japanese owners are preventing
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Journal of Commerce Rankings: Top 25 truckload carriers saw big revenue gains in 2022
The last two years were highly profitable for the largest US truckload carriers, but 2023 promises to be a tougher time as rates and
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TPM23: Carrier reliability, cargo flow expected to show gains in 2023
Although surprised by the magnitude of the January drop in vessel on-time arrivals in the trans-Pacific, analysts expect carrier performance to improve this year.
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