Category Archives for Industry News

C.H. Robinson Worldwide sells European truck brokerage to focus on its ‘core’  The sale of EST to German-based brokerage ssender is part of a drive to strengthen operations that C.H. Robinson considers core to its business. C.H. Robinson Worldwide sells European truck brokerage to focus on its ‘core’  Journal of Commerce

Carriers limit box repositioning costs on back-haul Europe-Asia trade: Xeneta Vessels on the back-haul trade from Europe to Asia are sailing two-thirds empty, with spot rates on the trade lane falling sharply since February. Carriers limit box repositioning costs on back-haul Europe-Asia trade: Xeneta Journal of Commerce

Carriers limit box repositioning costs on backhaul Europe-Asia trade: Xeneta Vessels on the backhaul trade from Europe to Asia are sailing two-thirds empty, with spot rates on the trade lane falling sharply since February. Carriers limit box repositioning costs on backhaul Europe-Asia trade: Xeneta Journal of Commerce

Altana cash infusion shows investor appetite for supply chain risk tools The $200 million funding round cuts against the broader trend of venture capital investors pulling back from early and growth-stage supply chain and logistics startups. Altana cash infusion shows investor appetite for supply chain risk tools Journal of Commerce

Former KCS CEO Pat Ottensmeyer dies at 67 Ottensmeyer spent 17 years with Kansas City Southern Railway until the merger with Canadian Pacific Railway in 2023, then served on J.B. Hunt’s board of directors. Former KCS CEO Pat Ottensmeyer dies at 67 Journal of Commerce

Brazil shippers say North America container rates surge close to record highs Strong demand, tight vessel capacity and delays at some key Brazilian ports are pushing freight rates close to the record levels hit during the pandemic. Brazil shippers say North America container rates surge close to record highs Journal of Commerce

Vancouver’s longshore foremen prep for possible strike after DP World hearing The Port of Vancouver’s maritime employers warn of a port-wide strike vote taking place as Canada’s labor tribunal considers a union proposal about staffing at DP World’s Centerm. Vancouver’s longshore foremen prep for possible strike after DP World hearing Journal of Commerce

Canadian longshore foremen prep for possible strike after DP World hearing British Columbia’s maritime employers warn of a port-wide strike vote taking place as Canada’s labor tribunal considers a union proposal about staffing at DP World’s Centerm. Canadian longshore foremen prep for possible strike after DP World hearing Journal of Commerce

EU anti-deforestation law poised to roil markets: supply chain experts Investment in technology to address the complex regulation is critical for cargo owners shipping to Europe, but it could have significant side effects to trade and consumer prices, experts warn. EU anti-deforestation law poised to roil markets: supply chain experts Journal of Commerce

US LTL companies intensify push to open new terminals Saia, Knight-Swift and other LTL carriers are moving ahead with plans to open terminals once owned by bankrupt Yellow, despite higher costs. US LTL companies intensify push to open new terminals Journal of Commerce