Mid-level US freight recession packs larger truck rate wallop: analyst While the current US freight recession for trucking volumes is rather middling compared to recessions over the last five decades, the severity of the rate decline has been the sharpest and recovery isn’t likely until 2025, writes economist Jason Miller. Mid-level US freight recession packs […]
Read More →Mid-level US freight recession packs larger truck rate wallop: analyst
on May 17, 2024in Industry News
Ongoing buildout of cross-dock, warehousing capacity boosts Virginia port system
on May 17, 2024in Industry News
Ongoing buildout of cross-dock, warehousing capacity boosts Virginia port system The roughly 1.7 million square feet of cross-dock capacity that has come online over the past two years is a mark of volume growth and the deepening of supply chains through Norfolk’s terminals, writes Journal of Commerce Executive Editor Mark Szakonyi. Ongoing buildout of cross-dock, […]
Read More →Intermodal rail, private fleets absorbing US freight growth: Cass
on May 17, 2024in Industry News
Intermodal rail, private fleets absorbing US freight growth: Cass US shippers are playing a direct role in keeping the for-hire truck market soft as they tactically shift freight to in-house fleets, according to Cass Freight Index. Intermodal rail, private fleets absorbing US freight growth: Cass Journal of Commerce
Read More →Oregon governor proposes $40 million to keep Portland container service alive
on May 16, 2024in Industry News
Oregon governor proposes million to keep Portland container service alive The apparent lifeline comes after port officials announced in April that container service at Portland would end in October due to growing financial losses and the inability to find a third-party operator to take over Terminal 6. Oregon governor proposes million to keep Portland container […]
Read More →CSX sees operational gains at Fairburn terminal after resource boost
on May 16, 2024in Industry News
CSX sees operational gains at Fairburn terminal after resource boost The railroad is tackling one of the major pain points at the Atlanta-area terminal after congestion had gotten so bad in recent years that fleets would pay drivers extra just to go into the facility. CSX sees operational gains at Fairburn terminal after resource boost […]
Read More →Hamburg Q1 volume edges up on strong US trade, imports from China
on May 16, 2024in Industry News
Hamburg Q1 volume edges up on strong US trade, imports from China Record container traffic between Hamburg and the US combined with increasing imports from China to nudge throughput at Europe’s third-largest port back into the black. Hamburg Q1 volume edges up on strong US trade, imports from China Journal of Commerce
Read More →Trade groups warn of Europe import delays amid new security measures
on May 16, 2024in Industry News
Trade groups warn of Europe import delays amid new security measures The customs pre-arrival security and safety program is being implemented in three steps, starting with ocean and inland waterway carriers in June. Trade groups warn of Europe import delays amid new security measures Journal of Commerce
Read More →Scheduling automation platform takes aim at truckload appointment inefficiencies
on May 16, 2024in Industry News
Scheduling automation platform takes aim at truckload appointment inefficiencies Amid a range of efforts to automate and standardize truckload appointments, a new provider has launched a neutral platform to reduce manual work and errors associated with the process. Scheduling automation platform takes aim at truckload appointment inefficiencies Journal of Commerce
Read More →XPO using former Yellow facilities to gain share in growth markets
on May 15, 2024in Industry News
XPO using former Yellow facilities to gain share in growth markets Like many of its LTL competitors, XPO is using former Yellow terminals to build density in major freight markets such as Baltimore-Washington, D.C. XPO using former Yellow facilities to gain share in growth markets Journal of Commerce
Read More →US Senate confirms existing terms for FMC’s Maffei, Dye
on May 15, 2024in Industry News
US Senate confirms existing terms for FMC’s Maffei, Dye During the tenure of the two members, the FMC has ramped up its oversight of the container shipping industry following widespread strains during the pandemic-era container surge. US Senate confirms existing terms for FMC’s Maffei, Dye Journal of Commerce
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