Suez Canal surcharge adds to Indian shipper pricing woes

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DSV books record result for 2022, but warns that bull run for profits is over
2M breakup throws carriers’ operating playbook out the window
Freightify lands funding to target digital rate management in North America
US LTL freight volumes starting to improve ahead of spring: ODFL
Improved US cargo flow drives continued gains in trans-Pacific schedule reliability

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DSV books record result for 2022, but warns that bull run for profits is over

The pandemic-driven bull run culminated in a highly profitable result for Denmark’s DSV in 2022, but a return to a more “normal” market has begun.

2M breakup throws carriers’ operating playbook out the window

The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.

Freightify lands funding to target digital rate management in North America

Technology provider Freightify is aiming to empower forwarders to build an online quoting presence that would lessen their reliance on rate marketplaces.