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Asian imports, Canada diversions boost UP’s intermodal business UP’s containerized intermodal volume is up 6% in July as West Coast imports grow and the threat of a strike diverts some Canadian international intermodal freight. Asian imports, Canada diversions boost UP’s intermodal business Journal of Commerce

Signs point to US truckload revival in 2025: Knight-Swift The return of seasonality, tender rejections and an end to discounting all hint at a coming uptick in truckload demand in the second half and higher rates next year, the largest US truckload operator says. Signs point to US truckload revival in 2025: Knight-Swift Journal of Commerce

Cosco boosts slot space on CMA CGM’s standalone India-USEC loop CMA CGM will begin a rebranded standalone India America Express string from Aug. 15, decoupling from the consortium it had with Hapag-Lloyd. Cosco boosts slot space on CMA CGM’s standalone India-USEC loop Journal of Commerce

West Coast ports say ready to handle peak season bump after front-loading surge The gateways say they are well-positioned to take on additional diversions from the East and Gulf coasts should an ILA strike occur after the current labor deal expires at the end of September. West Coast ports say ready to handle peak season […]

West Coast ports say ready to handle peak season after front-loading surge The gateways say they are well-positioned to take on additional diversions from the East and Gulf coasts should an ILA strike occur after the current labor deal expires at the end of September. West Coast ports say ready to handle peak season after […]

Mixed Q2 result for CMA CGM as profits fall despite jump in volumes The Marseilles-based ocean carrier grew its revenue in the second quarter, but much of the growth came from its recently expanded logistics division. Mixed Q2 result for CMA CGM as profits fall despite jump in volumes Journal of Commerce

DB Schenker H1 earnings slip, but company extends profitable run The operating profit earned by the Deutsche Bahn subsidiary in the first six months of the year fell slightly but was more than double what it earned in the same period in pre-pandemic 2019. DB Schenker H1 earnings slip, but company extends profitable run Journal […]

McKinsey finds 90% pullback in logistics funding by VCs since pandemic A report from the consultancy pins lackluster funding into logistics startups on static freight demand and a steep decline in freight rates in 2023. McKinsey finds 90% pullback in logistics funding by VCs since pandemic Journal of Commerce

Bullish fundamentals portend solid peak season for air, ocean markets More than 70% of air cargo space controlled by Kuehne + Nagel subsidiary Apex has been presold for the third and fourth quarters. Photo credit: K+N. Bullish fundamentals portend solid peak season for air, ocean markets Journal of Commerce

ODFL’s LTL freight volume rising despite soft industrial demand  More business from logistics partners and retailers helped increase daily shipment count for the second-largest US LTL provider, but year-over-year comps are about to get tougher. ODFL’s LTL freight volume rising despite soft industrial demand  Journal of Commerce