Sending ships through the Red Sea should improve dismal schedule reliability, but an intensification of the war between Yemen’s Houthi militants and Saudi Arabia has elevated the risk of attack.
The carrier has a sizeable war chest for fleet expansion, built up over the last several years of healthy earnings and strong freight rates.
Higher fuel prices continue to put pressure on LTL and truckload producer price indexes, leading to pricing gains ahead of trucking’s peak fall season.
