Tepid US consumer confidence keeping clothing imports on the rack
Clothing imports are rebounding in 2024, but retailers will likely wait for clear signs of demand growth to bring in additional product after a
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CMA CGM turns to tech provider to boost invoice accuracy for key accounts
The auditing initiative between the carrier and software vendor OpenEnvoy was kickstarted by CMA CGM’s ZEBOX technology incubator, which connects startups with entrenched logistics
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Destocking, Asian demand power rebound in North American resin exports
With US manufacturers shrinking their plastics inventories, overseas buyers are taking up an even more important role for North American resins producers.
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Key rail executives back intermodal business despite questions over margins
The chief executives of BNSF and UP argue that while shareholders judge them on financial metrics, it would be a mistake to shun intermodal
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XPO readies former Yellow terminals as LTL shipment count rises
The third-largest US LTL provider is joining competitors renovating and opening terminals acquired from Yellow and expects to complete that work by early 2025.
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Capacity injection sends India-US spot rates sharply lower for May sailings
ONE's West India-North America Express (WIN) service is set to debut at Nhava Sheva with a May 12 call from the ONE Modern.
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Shippers, forwarders add tight ocean space to Asia-Europe market challenges
European importers are shrugging off gloomy economic forecasts, but rising volume out of Asia is putting pressure on available capacity that is already stretched
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Excess capacity hangs over recovering container market: Maersk CEO
Sailing the longer voyages around southern Africa has allowed carriers to address their excess capacity challenges, but that is a short-term fix for a
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HMM plans for THE Alliance revamp with SM Lines trans-Pacific slot deal
The tie-up is part of a wider move by individual members of THE Alliance to broaden their respective networks and maintain alliance commitments without
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