The growing popularity of the direct port delivery program has put pressure on the earnings of logistics companies.
The 112-year-old company is at the fulcrum of change rippling through the US trucking market and across trade lanes from Asia to Europe, much of it driven by e-commerce and technology.
Evidence shows shippers have pretty much exhausted the breathing room won in 2015 and 2016 after steep rate truck hikes in 2014. Now is the time for fresh planning.
Divers have located a tugboat involved in a collision with the Mercosul Santos.
Announcements this week from West Coast ports revealed some unusually strong import numbers.
Increased volume has strained capacity at the region’s ports.
The new depth is still shy of the original draft.
Debt-stricken carriers Yang Ming and HMM have used government support and the improving market conditions to raise revenue, cut costs, and pare down debts.
Intermodal rail lifts, a mainstay of Pipavav, seem to be picking up.