Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers Sanctions imposed on Moscow following its invasion of Ukraine continue to limit the attractiveness of transport times as low as 12 days offered by forwarders on the China-North Europe rail network. Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers […]
Read More →Rapid rail transit via sanctions-hit Russia has limited appeal for European shippers
on September 12, 2023in Industry News
Domestic intermodal showing more downside risk for balance of year: analyst
on September 12, 2023in Industry News
Domestic intermodal showing more downside risk for balance of year: analyst If the looming strike against the “big three” US automakers comes to pass, then domestic intermodal will surely take another big hit in an environment where there are certainly more downside risks than upside potential for the rest of 2023, writes analyst Larry Gross. […]
Read More →Flexport lost touch with customers under brief Clark reign: Petersen
on September 12, 2023in Industry News
Flexport lost touch with customers under brief Clark reign: Petersen Flexport founder and CEO Ryan Petersen refused to pin the blame for the company’s abrupt change in leadership on waning freight demand, saying the forwarder “has been through worse macro environments.” Flexport lost touch with customers under brief Clark reign: Petersen Journal of Commerce
Read More →C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight
on September 11, 2023in Industry News
C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight Steady gains in US-Mexico cross-border truck freight have spurred the logistics provider to open a 400,000-square-foot cross-dock warehouse in Laredo, a US border entry point already bursting with freight. C.H. Robinson opens new Laredo facility amid boom in US-Mexico freight Journal of Commerce
Read More →US cold storage supply struggling with costs, aging facilities amid high demand
on September 11, 2023in Industry News
US cold storage supply struggling with costs, aging facilities amid high demand Investors aren’t lining up to sink money into aging facilities, given that warehouses built in the last 20 to 40 years require nearly 50% more energy consumption and double the maintenance costs than newbuilds. US cold storage supply struggling with costs, aging facilities […]
Read More →SSA aims for US Gulf, Southeast port growth as Ceres deal closes: CEO
on September 11, 2023in Industry News
SSA aims for US Gulf, Southeast port growth as Ceres deal closes: CEO The head of terminal operator SSA Marine says ports along the US Gulf and Southeast have a strong cost advantage over the West Coast that is fueling their growth, with that gap only expected to widen. SSA aims for US Gulf, Southeast […]
Read More →Minor peak season expected in domestic intermodal market: Hub Group
on September 8, 2023in Industry News
Minor peak season expected in domestic intermodal market: Hub Group The intermodal provider’s CEO believes there will be a small peak season between now and early November despite data from the US Surface Transportation Board showing volumes are down compared with last year. Minor peak season expected in domestic intermodal market: Hub Group Journal of […]
Read More →Air cargo facing non-existent demand growth for a ‘few quarters’: Xeneta
on September 8, 2023in Industry News
Air cargo facing non-existent demand growth for a ‘few quarters’: Xeneta A widening imbalance between available air freight capacity and demand has dragged global rates to their lowest level since the start of the pandemic, with no signs of volumes improving on key outbound routes from Asia. Air cargo facing non-existent demand growth for a […]
Read More →IANA building geofencing for rail, marine terminals to track box, truck moves
on September 8, 2023in Industry News
IANA building geofencing for rail, marine terminals to track box, truck moves The Intermodal Association of North America is building a geofence library for rail and marine terminals, which could provide better tracking of when containers enter and exit the terminals. IANA building geofencing for rail, marine terminals to track box, truck moves Journal of […]
Read More →US truckload sector picks up pace to meet rising threat of cargo theft
on September 8, 2023in Industry News
US truckload sector picks up pace to meet rising threat of cargo theft Freight brokers, load boards, technology providers and law enforcement are attempting to contain the growing threat of truckload cargo theft and the fraudulent schemes that underpin it. US truckload sector picks up pace to meet rising threat of cargo theft Journal of […]
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