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J.B. Hunt says intermodal peak season outlook murky despite June momentum That mismatch between container supply and demand has forced intermodal providers to stack boxes, with J.B. Hunt saying it parked about 18% of its container fleet in the first half of the year. J.B. Hunt says intermodal peak season outlook murky despite June momentum […]

J.B. Hunt says intermodal peak season murky despite June momentum That mismatch between container supply and demand has forced intermodal providers to stack boxes, with J.B. Hunt saying it parked about 18% of its container fleet in the first half of the year. J.B. Hunt says intermodal peak season murky despite June momentum Journal of […]

Asia-Europe blank sailings hit two-year low despite sluggish market Ocean carriers are showing a lack of urgency to blank sailings even as China’s exports weaken and new vessels continue to come online. Asia-Europe blank sailings hit two-year low despite sluggish market Journal of Commerce

UPDATE: Longshore workers at Western Canadian ports returning to work, for now The rejection of last week’s tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation. UPDATE: Longshore workers at Western Canadian ports returning to work, for now Journal of Commerce

Focus turns to Parliament after Western Canada port strike resumes The rejection of last week’s tentative contract deal by a caucus of ILWU Canada narrows the prospects of a resolution without one imposed by Parliament through back-to-work legislation. Focus turns to Parliament after Western Canada port strike resumes Journal of Commerce

Shippers consider options after Yellow misses payment to pension fund The missed payment erases a measure of optimism that existed after creditors, including the US government, last week gave Yellow more time to resolve its restructuring dispute with the Teamsters in return for heightened financial oversight. Shippers consider options after Yellow misses payment to pension […]

DAT, Convoy settle dueling lawsuits once seen as marker for load board industry DAT and freight broker Convoy had challenged each other in federal court over business practices related to Convoy attempting to set up a rival load board. DAT, Convoy settle dueling lawsuits once seen as marker for load board industry Journal of Commerce

Truckstop acquires freight matching platform to target ‘high-quality’ carriers Truckstop is building on its 2022 purchase of carrier monitoring provider RMIS with the acquisition of freight-matching technology provider FrieightFriend. Truckstop acquires freight matching platform to target ‘high-quality’ carriers Journal of Commerce

Antwerp-Bruges H1 volumes slide on weak demand, poor industrial outlook The fall hid some upbeat trends, with the number of refrigerated containers rising more than 10% in the first half and the rate of decline in overall volumes easing in the second quarter. Antwerp-Bruges H1 volumes slide on weak demand, poor industrial outlook Journal of […]

Logistics technology market grappling with pandemic period overhiring A return to normal freight demand is part of the reason for layoffs across the logistics technology sector, but just as important is investor focus on cost controls and a path to profitability. Logistics technology market grappling with pandemic period overhiring Journal of Commerce