Monthly Archives for April 2023

UPS preps for flagging volumes with cuts in headcount, sort facilities Package volumes at the largest US package carrier by revenue fell farther than expected in the first quarter, especially in March, thanks to shifts in spending, UPS executives said.  UPS preps for flagging volumes with cuts in headcount, sort facilities Journal of Commerce

Breakbulk23: AI will infiltrate day-to-day breakbulk shipping: experts Human intervention is necessary to ensure that AI is adapted into shipping in a measured way, as quality decisions are dependent on quality data, attendees at the Journal of Commerce’s Breakbulk and Project Cargo Conference were told. Breakbulk23: AI will infiltrate day-to-day breakbulk shipping: experts Journal of […]

Breakbulk23: AI will infiltrate day-to-day breakbulk shipping, experts say Human intervention is necessary to ensure that AI is adapted into shipping in a measured way, as quality decisions are dependent on quality data, attendees at the Journal of Commerce’s Breakbulk and Project Cargo Conference were told. Breakbulk23: AI will infiltrate day-to-day breakbulk shipping, experts say […]

‘Normalizing’ ocean, air markets drag down K+N’s Q1 earnings The forwarder’s CFO said ocean freight demand in the second quarter was expected to be much the same as Q1, but there were signs that stockpiling by customers in major markets was nearing an end. ‘Normalizing’ ocean, air markets drag down K+N’s Q1 earnings Journal of […]

PSA leveraging forwarder acquisition to serve shippers directly The scale of PSA International’s ambitions to expand its reach beyond its 60 container port terminals by leveraging the acquisition of a non-asset-based global logistics provider parallels Maersk’s own integrator ambitions. PSA leveraging forwarder acquisition to serve shippers directly International Freight

Breakbulk23: Disruptive ‘trilemma’ shaping global energy investment As funding opportunities expand, energy security concerns force investors to reevaluate their priorities, attendees at the Journal of Commerce’s Breakbulk and Project Cargo Conference were told. Breakbulk23: Disruptive ‘trilemma’ shaping global energy investment Journal of Commerce

Container shipping heading for billion loss in 2024: Drewry A period of record profitability for the carriers is coming to a stark end, and amid a worsening supply-demand balance, the industry will find it increasingly difficult to raise rate levels, according to the maritime consultancy. Container shipping heading for billion loss in 2024: Drewry Journal […]

Mexico intermodal market heats up with CPKC, UP deals CPKC signed a deal with Swift Intermodal for a new daily train between central Mexico and Chicago less than 24 hours after Union Pacific announced a partnership with Canadian National and Ferromex. Mexico intermodal market heats up with CPKC, UP deals Journal of Commerce

CPKC scores second Mexico intermodal win with Knight-Swift agreement CPKC has signed a deal with Swift Intermodal days after landing Schneider National, giving it two anchors to provide containers for a new daily train between central Mexico and Chicago launching in mid-May. CPKC scores second Mexico intermodal win with Knight-Swift agreement Journal of Commerce

CPKC scores second Mexico win with Knight-Swift agreement CPKC has signed a deal with Swift Intermodal days after landing Schneider National, giving it two anchors to provide containers for a new daily train between central Mexico and Chicago launching in mid-May. CPKC scores second Mexico win with Knight-Swift agreement Journal of Commerce