Slowing demand from sluggish European economies and excess ocean capacity on the Asia-Europe trade lane are frustrating the attempts of liners to raise rates.
The combination of AAA Cooper Transportation, Midwest Motor Express and Dependable Highway Express covers the US LTL market coast-to-coast, except for the Northeast.
The New Jersey-based carrier believes its vessels should be treated as container ships given that 80% of their cargo is containerized, but a USTR designation that would classify the ships as vehicle carriers means the company faces hefty US port fees.
