Mali

Mali

13 Jul 2020
Roughly 90 percent of carriers in the highly fragmented US drayage sector generate less than $4 million in annual revenue, and these smaller providers could be at risk of bankruptcy due to skyrocketing insurance premiums.
13 Jul 2020
US land-based heavy transport has largely been able continue during the COVID-19 pandemic thanks to its designation as an essential service, but like other members of the project supply chain, the sector could see waning demand as the oil and gas industry pulls back on capital expenditures.
13 Jul 2020
Multi-billion-dollar impairments recently announced by oil majors like Shell and BP provide a glimpse of the potentially seismic changes taking place in the global energy market, a critical source of project cargo.
10 Jul 2020
A new waterborne service has debuted between Chittagong and Kolkata, saving time and money for shippers.
10 Jul 2020
Adani Group has pulled the plug on a $39.4 million deal it unveiled in December to acquire a controlling stake in India domestic cold chain logistics leader Snowman Logistics Ltd.
10 Jul 2020
Cosco Shipping's partnership with Alibaba and the group’s finance arm Ant Financial, which will primarily focus on using blockchain to track containerized goods globally, fits into China’s larger goal of creating a digital silk road threading through its Belt and Road initiative.
10 Jul 2020
With COVID-19 flare-ups endangering reopenings across the country, the road to recovery for US shippers and transportation providers will likely look more like a mountain switchback than a sharp incline.
10 Jul 2020
Banyan Technology believes pricing intelligence tools will give less-than-truckload carriers more profits and shippers more savings, changing relationships and contracting.
10 Jul 2020
Better operations and economics may help to retain or even regain some of the freight that the Los Angeles-Long Beach port complex has lost to sourcing shifts, but some cargo can’t be won back.
09 Jul 2020
Imports from Asia and China rebounded in June as a number of US retailers reopened, but consumer demand could pull back later this summer if stores are forced to close again due to the spike in COVID-19 cases.
09 Jul 2020
US Payroll Protection Program loans, once forgiven, will give small trucking outfits a chance to invest in much-needed technology, a tax and accounting advisory firm says.

Commentary

Because “hedonic,” supply-and-demand-based pricing leads to bigger swings in trucking rates, accounting for both costs and market sentiment data could smooth the market’s inherent peaks and valleys.

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