New carrier connections heighten rate pressure on India-US trades
Container shipping sources in India expect an even more dramatic impact on carrier pricing power in the coming weeks as new services added recently
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Acquisition spree continues despite downshift in container shipping bull run
The container shipping industry’s profit margins are easing, but the appetite for acquisitions — from air cargo units to last-mile delivery logistics — isn’t
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Cap European rail electricity price hikes or lose out to road: intermodal group
Long-haul rail freight in Europe, the main alternative to road transport, is being undermined as the cost of electricity far outstrips diesel, say combined
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US flatbed trucking activity sees early regional revival: DAT
Demand for flatbed tractor-trailers is rising along the Gulf Coast and Southeast, buoyed by project cargo, shifting freight patterns, and a warmer-than-normal winter, DAT
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Year-on-year decline in US imports from Asia accelerated in January
The West Coast’s share of US imports from Asia continued to erode last month as retailers shipped their discretionary cargo through East and Gulf coast
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Ex-Slync CEO Kirchner charged with defrauding investors of millions
Federal authorities allege ex-Slync CEO Chris Kirchner took millions of dollars meant to fund the startup technology company and instead financed extravagant personal expenditures.
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Cass sees US freight shifting to truckload as costs drop
Lower rates and ample capacity are drawing more freight to the US truckload sector, particularly the dedicated and contract markets, according to the Cass
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ECOFIN: Member States update EU list of non-cooperative jurisdictions for tax purposes
On 14 February 2023, EU Member States agreed on the latest update the EU list of non-cooperative tax jurisdictions.
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MPV sector slows as rebalancing under way after ‘rush’ of pandemic market
Short-term uncertainty and longer-term confidence are the multipurpose sector’s new normal, analysts say, after the extreme volatility of the COVID-driven market.
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ILA, USMX stake out sides as Charleston appeals Leatherman ruling
The Port of Charleston’s request to overturn a ruling involving container calls to the Hugh K. Leatherman Terminal drew support from the US Maritime
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