Freightify lands funding to target digital rate management in North America
Technology provider Freightify is aiming to empower forwarders to build an online quoting presence that would lessen their reliance on rate marketplaces.
US LTL freight volumes starting to improve ahead of spring: ODFL
Old Dominion Freight Line “has its fingers crossed” that the decline in less-than-truckload volumes is turning and an increase in freight demand will be seen in March or the second quarter.
Improved US cargo flow drives continued gains in trans-Pacific schedule reliability
The return of US ports to normal cargo flow is demonstrated starkly in the year-over-year comparisons of vessel schedule reliability in the Asia-US trade.
Early Lunar New Year stalls Asian air cargo recovery
The traditional air cargo market slowdown has been exaggerated by an early start to the Lunar New Year and an unfavorable comparison with last year’s robust peak season.
Sourcing shift from China pulls US import share to more than a decade low
Data shows US importers are walking the walk when it comes to sourcing diversification, slowly moving trade flows away from China and toward Vietnam, India, and South Korea, writes Journal of Commerce Executive Editor Mark Szakonyi.
Russia-related Designations; Counter Narcotics Designation Update
OFAC has updated its SDN List. Please visit the URL below to view this action
Intermodal contract savings fell in Q4 ahead of 2023 bids
Shippers saved less than in prior quarters on their intermodal contracts to close 2022, setting up a race to the bottom this year to keep freight on the rails.
