Oversupply weighs heavily on US truckload market, keeping prices in check
Although small trucking firms are folding, there is still a large supply of carriers and trucks keeping a lid on pricing amid soft demand.
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MPV indices from Toepfer, Drewry continue down different paths
While long-term optimism supports the MPV market, industry analysts see short-term divergence in time charter rate averages.
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Intermodal savings poised to remain steady through end of the year: ISI
Shippers saved nearly 26% using domestic intermodal instead of highway options in the third quarter, roughly in line with long-term averages.
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US imports from Asia hit 2023 high in October despite muted peak season
While October is typically one of the busiest months of the year for West Coast ports, the region’s market share of imports from Asia
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Rate spread between US East-West coasts erodes amid shifts in volume, sourcing
The long-standing spread, typically about $1,000, is now half that as volume growth returns to West Coast ports and shippers increasingly tap into Southeast
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GPA invests $262 million to upgrade Brunswick’s ro/ro facilities
GPA's ability to handle growing volumes has attracted the likes of Rivian and Hyundai, both planting roots in Georgia to export vehicles from new
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J. B. Hunt shakes up Mexico-US intermodal market with Ferromex deal
The largest US domestic intermodal provider will no longer partner with CPKC on cross-border loads destined for the Midwest and West Coast, in the
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Opinion piece by European Commission Director-General for Taxation and Customs Union, Gerassimos Thomas, ahead of meetings in Japan
Opinion piece by European Commission Director-General for Taxation and Customs Union, Gerassimos Thomas, ahead of meetings in Japan
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US shippers expanding private fleets in uncertain truck market
The need for greater supply chain stability, not just control over on-time service, is driving growth in the number of private fleets run by
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