MPV rates slump as breakbulk moves back to container sector
Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects.
Despite a decline in daily charter rates, the longer-term MPV outlook remains strong due to increased investments in oil and gas and renewables projects.
The largest US family-owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office.
The largest US family-owned LTL trucking company is adding terminals, including one in Southern California, as Webb Estes moves into the president’s office.
Decarbonizing its entire business by 2040 requires collaboration across Maersk’s global supply chain, pushing the carrier to sign partnerships in strategic areas to achieve its net-zero ambitions.
The growth at the Port of New York and New Jersey was accompanied by persistent container and vessel backlogs and truck congestion, but volumes are expected to taper off in 2023.
The IEX service’s nine-vessel routing has experienced serious reliability challenges since early last year amid the pandemic-linked port flow turmoil.