Category Archives for Industry News

UK watchdog calls for end to ocean carrier antitrust immunity Just a month after the European Commission announced that the block exemption regulation for carriers would not be renewed next April, the UK competition authority has also called for it to lapse upon expiry. UK watchdog calls for end to ocean carrier antitrust immunity Journal […]

Estes commits to more technology spending after October cyber-attack With its systems restored, the LTL carrier plans to “lean into” technology development and investment for greater security and visibility. Estes commits to more technology spending after October cyber-attack Journal of Commerce

Estes commits to more technology spending after October cyberattack With its systems restored, the LTL carrier plans to “lean into” technology development and investment for greater security and visibility. Estes commits to more technology spending after October cyberattack Journal of Commerce

LTL carriers aim high in pricing as market continues to settle post-Yellow Large LTL trucking providers are raising tariff rates 5% to 8% on average, but the LTL PPI slowed its growth to under 1% in October. LTL carriers aim high in pricing as market continues to settle post-Yellow Journal of Commerce

CMA CGM commits €100 million to new Paris-based AI research lab CMA CGM is moving beyond funding and supporting startups with a hefty investment into a non-profit lab designed to improve data models that feed into artificial intelligence products. CMA CGM commits €100 million to new Paris-based AI research lab Journal of Commerce

November rate plunge negates carrier pricing activity on India-Europe trade Still, the latest Indian trade data presents some hopeful signs for supply chain stakeholders, as the country’s merchandise exports grew 6.3% by value year over year in October, the fastest rate of expansion in a year. November rate plunge negates carrier pricing activity on India-Europe […]

No easy fix on horizon for Panama Canal woes as shipping sector scrambles Carriers, shippers and logistics executives may have to get accustomed to drought-related restrictions along the Panama Canal, with costly water-saving infrastructure improvements years away. No easy fix on horizon for Panama Canal woes as shipping sector scrambles Journal of Commerce

Oversupply weighs heavily on US truckload market Although small trucking firms are folding, there is still a large supply of carriers and trucks keeping a lid on pricing amid soft demand.  Oversupply weighs heavily on US truckload market Journal of Commerce

Oversupply weighs heavily on US truckload market, keeping prices in check Although small trucking firms are folding, there is still a large supply of carriers and trucks keeping a lid on pricing amid soft demand.  Oversupply weighs heavily on US truckload market, keeping prices in check Journal of Commerce

MPV indices from Toepfer, Drewry continue down different paths While long-term optimism supports the MPV market, industry analysts see short-term divergence in time charter rate averages. MPV indices from Toepfer, Drewry continue down different paths Journal of Commerce