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India-US contract rates hit fresh lows despite lower capacity from sailing cuts
Given the persistent downward pressure on demand, it remains to be seen if India-US carriers will be able to push through a new round of modest rate hikes planned for December.
Control of US LTL capacity in 2024 hangs on sale of Yellow terminals
An auction of Yellow’s 174 owned terminals is scheduled for Tuesday, with winning bids to be disclosed on Friday while a separate battle continues over 149 leased terminals.