The Jones Act carrier said pricing for expedited ocean freight stayed firm in the quarter despite lower overall volumes from China amid the trade dispute between Washington and Beijing.
LTL carriers are reining in capital spending on property, holding new terminals and doors in reserve as they await a hoped-for turnaround in freight demand in 2026.
Shippers Linde and Air Liquide are leaning on their project backlogs for future cargoes, bucking talk of an “industrial recession.”