US truckload spot market nearing its floor: analysts
US dry-van spot rates appear to be stabilizing, but contract rates are dropping by double-digit percentages as new pricing and service agreements take effect.
US truckload spot market nearing its floor: analysts
US dry-van spot rates appear to be stabilizing, but contract rates are dropping by double-digit percentages as new pricing and service agreements take effect.
Port of South Louisiana buys Avondale terminal as wind cargo boost looms
The acquisition of Avondale by the port comes just as the state of Louisiana readies to auction its first round of offshore wind leases.
Market fallout from OSRA-22 to become clearer in 2023
Whether OSRA-22 — and increased FMC scrutiny — will produce tangible changes in how carriers and terminals calculate and convey detention and demurrage charges is still yet to be seen, as inaccurate invoices continue to plague shippers.
Intermodal markets shift into recession after no peak season: J.B. Hunt
Intermodal shippers are sitting on the sidelines until warehouses unclog and rail service improves, which will result in lower contract rates for shippers in 2023.
China keeps grip on global production, but search for options continues
The pandemic-induced supply chain disruptions in China have left importers searching for more resilience and flexibility in their existing supply chains rather than racing for the exits.
Asia-Europe capacity cuts grow as CNY fails to boost demand
Carriers on the Asia-Europe trade have stepped up capacity management measures as demand weakens through the traditionally busy Lunar New Year period and beyond.
ECU parent forms investment partnership with logistics-focused VC firm
A partnership between venture firm Northstar and India’s Allcargo Group is meant to formalize their joint investment plans into logistics-focused startups over the next year.
