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US freight recovery ‘likely in couple of months’: ACT Research With Class 8 truck orders dropping, ACT Research believes rising US freight demand will hit tightening truck capacity sooner rather than later. US freight recovery ‘likely in couple of months’: ACT Research Journal of Commerce

MSC targets booming vehicle carrier market with 0 million bid for Gram The deal was announced to coincide with the release of Gram’s first-quarter results, which showed the car carrier market is continuing to boom with soaring charter rates, record vehicle exports from Asia and tight vessel capacity. MSC targets booming vehicle carrier market with […]

DSV expects demand growth to continue for balance of 2024 The Denmark-based forwarder believes the solid increase in volume it saw in the traditionally weak first quarter will extend through the rest of the year, with a focus on improving yields to keep its 2024 profitability target on track. DSV expects demand growth to continue for […]

Hapag-Lloyd widens net amid total shift to electronic bills of lading Three years after launching its electronic bill of lading product with WaveBL, the carrier is accelerating its move to eBL by striking a deal with a second vendor. Hapag-Lloyd widens net amid total shift to electronic bills of lading Journal of Commerce

CSX CEO stumps for more labor-friendly, service-focused railroading Joe Hinrichs warns that focusing on better margins at the expense of intermodal business is short-sighted, defending his decision to extend sick pay leave for labor and arguing that empowering workers is key to delivering better service. CSX CEO stumps for more labor-friendly, service-focused railroading Journal of […]

Guenther to step down as Houston port chief in August The gateway’s long-serving chief executive will be replaced by Charlie Jenkins, who is overseeing the widening and deepening of Houston’s ship channel. Guenther to step down as Houston port chief in August Journal of Commerce

Baltimore puts blame for bridge collapse on ship’s owners, manager The city of Baltimore wants a judge to waive a limit in liability that the container ship’s owner and operator sought after the collapse of the Francis Scott Key Bridge and subsequent closure of the port. Baltimore puts blame for bridge collapse on ship’s owners, […]

UPS volume improves, but consumers shifting toward lower-priced services US package shippers are shifting from air to ground and from premium-priced to deferred services, UPS says, boosting its SurePost volumes by 10%. UPS volume improves, but consumers shifting toward lower-priced services Journal of Commerce

UPS volume improves, but consumers shifting towards lower-priced services US package shippers are shifting from air to ground and from premium-priced to deferred services, UPS says, boosting its SurePost volumes by 10%. UPS volume improves, but consumers shifting towards lower-priced services Journal of Commerce

Norfolk Southern says trucker wait times declining at Chicago terminal The cargo flow through the Landers terminal is better than it was earlier this year with fewer drivers experiencing multi-hour delays to pick up or drop off containers at the busy facility, the railroad says. Norfolk Southern says trucker wait times declining at Chicago terminal […]