Shippers look to keep 2021 transportation budgets grounded

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US retailers’ global sourcing strategy will take time to develop: analysts
US transport providers lose fewer jobs than expected in January
End of 2M Alliance will set dominoes in motion across ocean shipping: analyst
US ‘freight recession’ putting motor carrier financing tools to the test
New IMO rules force global reefer fleet to confront uncertain future

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US retailers’ global sourcing strategy will take time to develop: analysts

As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sector looking for the business model that meets its particular requirements.

US transport providers lose fewer jobs than expected in January

Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader labor market resilience.

End of 2M Alliance will set dominoes in motion across ocean shipping: analyst

The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years in the container shipping sector, writes analyst Lars Jensen.