Monthly Archives for June 2024

RXO purchase of Coyote Logistics highlights US brokerage market pressures The $1.025 billion acquisition gives RXO growth not otherwise available in a weakened brokerage market and narrows UPS’s focus to package deliveries. RXO purchase of Coyote Logistics highlights US brokerage market pressures Journal of Commerce

US imports accelerate, but inland transport lags: CSCMP US importers are pulling forward orders to avoid potential congestion, but trucking and intermodal networks are still slack, speakers said at the launch of CSCMP’s State of Logistics report. US imports accelerate, but inland transport lags: CSCMP Journal of Commerce

Port congestion in Asia easing, shifting to India: ocean carriers, forwarders Cargo flow is improving through Singapore and major Chinese ports, but India’s largest container gateway, Mundra, is straining under rising transshipment volumes, ocean carriers and forwarders say. Port congestion in Asia easing, shifting to India: ocean carriers, forwarders Journal of Commerce

Container capacity sucking Red Sea diversions may be status quo Houthi rebels have little incentive to stop attacks even if there is a Gaza-Israel ceasefire, there’s no US appetite to root them out, and a political solution is highly unlikely, argue geopolitical analysts. Container capacity sucking Red Sea diversions may be status quo Journal of […]

Container capacity and equipment sucking Red Sea diversions may be status quo Houthi rebels have little incentive to stop attacks even if there is a Gaza-Israel ceasefire; there’s no US appetite to root them out; and a political solution is highly unlikely, argue geopolitical analysts. Container capacity and equipment sucking Red Sea diversions may be […]

New Orleans pins breakbulk turnaround on container spillover Despite sliding breakbulk volumes during the first five months of the year, there are signs that spillover cargo may reappear at the Port of New Orleans thanks to the disrupted global market. New Orleans pins breakbulk turnaround on container spillover Journal of Commerce

New Orlean pins breakbulk turnaround on container spillover Despite sliding breakbulk volumes during the first five months of the year, there are signs that spillover cargo may reappear at the Port of New Orleans thanks to the disrupted global market. New Orlean pins breakbulk turnaround on container spillover Journal of Commerce

Breakbulk tonnage down 18% at Port of New Orleans Despite sliding breakbulk volumes during the first five months of the year, there are signs that spillover cargo may reappear at the Port of New Orleans thanks to the disrupted global market. Breakbulk tonnage down 18% at Port of New Orleans Journal of Commerce

EU ‘giving up’ on 2030 rail freight target: industry groups Meeting the European Union emissions reduction targets for transportation will require a significant modal shift in freight from road to the rails over the next few years, but that is being undermined by EU regulations, according to industry groups. EU ‘giving up’ on 2030 rail […]

US truckload spot rate metric turns positive for first time in 27 months  The average US transactional dry-van truckload rate rose “a fraction” above its year-ago level Wednesday, following strong year-over-year gains in spot market volumes, according to DAT Freight & Analytics. US truckload spot rate metric turns positive for first time in 27 months  […]