Bad weather causing delays, congestion at major Asian load ports
One of the worst-affected facilities is the Shanghai East Container Terminal, where there are delays of up to seven days, Maersk said in an
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Knight-Swift to open 32 LTL terminals in 2024, expanding super-regional network
The transportation holding company has set a multi-year “medium-term” LTL revenue target of $2 billion, nearly double its 2023 LTL revenue.
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Shippers won’t see intermodal contract hikes until 2025: Hub Group
The intermodal provider has become more aggressive in pricing with shippers this year, jockeying with competitors for market share by lowering contractual rates for
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Net-zero bill boosts Europe’s decarbonization efforts for shipping
The legislation adds advanced biofuels and e-fuels to a list of clean energy supported by the EU, which shipowners regard as a crucial step
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Knight-Swift girds truckload operations, awaits ‘catalyst’ for market upturn
Cost and pricing pressures are tightening truckload margins, but Knight-Swift CEO Adam Miller sees supply and demand getting “closer to a balance.”
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Breakbulk24: Shipping should watch for impact of elections on climate rules: S&P
The shipping industry is facing a prolonged period of geopolitical instability, attendees at the Journal of Commerce’s Breakbulk & Project Cargo Conference were told
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Hapag-Lloyd widens net amid total shift to electronic bills of lading
Three years after launching its electronic bill of lading product with WaveBL, the carrier is accelerating its move to eBL by striking a deal
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US freight recovery ‘likely in couple of months’: ACT Research
With Class 8 truck orders dropping, ACT Research believes rising US freight demand will hit tightening truck capacity sooner rather than later.
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Guenther to step down as Houston port chief in August
The gateway’s long-serving chief executive will be replaced by Charlie Jenkins, who is overseeing the widening and deepening of Houston’s ship channel.
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Baltimore puts blame for bridge collapse on ship’s owners, manager
The city of Baltimore wants a judge to waive a limit in liability that the container ship’s owner and operator sought after the collapse
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