Mixed Q2 result for CMA CGM as profits fall despite jump in volumes
The Marseilles-based ocean carrier grew its revenue in the second quarter, but much of the growth came from its recently expanded logistics division.
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ODFL’s LTL freight volume rising despite soft industrial demand
More business from logistics partners and retailers helped increase daily shipment count for the second-largest US LTL provider, but year-over-year comps are about to
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MSC restores trans-Pacific Liberty service with new call at Philadelphia
The carrier said the move was a response to “ongoing robust demand” on the trade lane, becoming the second trans-Pacific service MSC has relaunched
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House approves bill authorizing harbor projects in Baltimore, Oakland
The passage of the Water Resources Development Act in the House of Representatives brings Congress one step closer to authorizing major navigational projects at
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UPS eyes growth in Mexico, plans for a strong peak season
The acquisition of Mexican package company Estafeta gives UPS a full-fledged ground operation in Mexico that can link to its cross-border and global services.
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Ocean carriers face new FMC rules on dealing with US exporters
The Federal Maritime Commission has set out the guidelines ocean carriers will need to follow to avoid claims from exporters that they are not
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Expect rising air cargo rates through second half of year: DHL index
The second half of 2024 is not likely to bring rate relief for shippers forced into the air by geopolitical events and trade tensions
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Weak demand, oversupply leave US truckload providers cautious about H2
Carriers such as J.B. Hunt Transport Services are pressing shippers for more detailed forecasts as they look to realign capacity and demand.
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