by hasim | Dec 21, 2022 | Articles
US for-hire truck tonnage saw its single-largest monthly decrease in November since early 2020 as freight demand, already falling from unsustainable 2021 levels, cooled even faster, according to the American Trucking Association (ATA). The ATA’s For-Hire Truck Tonnage...
by hasim | Dec 20, 2022 | Articles
A regulatory framework is urgently needed to support scaled-up production of renewable fuels for shipping to reduce the price premium with fossil fuels, according to green energy producer Ørsted. Olivia Breese, CEO of Ørsted Power-to-X, a division of the group...
by hasim | Dec 19, 2022 | Articles
Domestic intermodal volumes last month plunged to their lowest November level in seven years, a cold reality for intermodal providers that will give shippers leverage in contract rate negotiations for 2023. On a year-over-year basis, volumes in North America fell just...
by hasim | Dec 14, 2022 | Articles, News
Port of Los Angeles executive director Gene Seroka expects labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) will produce a deal by early February next year. “We’ll get through it in the early...
by hasim | Dec 12, 2022 | Articles, News
The ability of the U.S. to keep pace with the upward trend of shipping to, from, and through the Arctic region is a growing concern and is exacerbated by a lack of assets being deployed in the region, according to the Government Accountability Office (GAO). “Record...
by hasim | Dec 7, 2022 | Articles, News
CMA CGM will acquire two terminals at the Port of New York and New Jersey as the carrier continues to invest pandemic-fueled profits that were driven by huge container demand into key assets supporting its end-to-end logistics strategy. The acquisition of Global...
Recent Comments