An unexpected 40 percent increase in import volumes since May overwhelmed the Southern California supply chain and infrastructure, creating logistical headaches for truckers and equipment providers.
Saturday August 15, 2020
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North America
North America
Press Releases
14 Aug 2020
The largest US and Canadian truckload and LTL carriers have grown substantially over the last decade, despite short-term economic woes, according to data from SJ Consulting Group.
14 Aug 2020
A steep drop in Hapag-Lloyd’s volume during the second quarter was matched by capacity cuts and lower operating costs that delivered a solid first half result for the carrier.
13 Aug 2020
With a new integrated distribution center in Massachusetts and another under construction in Pennsylvania, northeastern regional LTL carrier A. Duie Pyle is resuming expansion plans interrupted by COVID-19.
13 Aug 2020
The new $1,500 rate hike by UP is on top of a $500 increase announced earlier this month on California lanes, effectively raising intermodal spot rates above trucking pricing.
13 Aug 2020
Billions of dollars in order and service backlogs and an unfolding global energy transition toward renewables could mean blue skies ahead for wind energy, despite the painful fallout from COVID-19.
13 Aug 2020
Truck rates out of Texas are soaring because of rising demand in the US for goods made in Mexico, especially home appliances and electronics, but demand is sagging in the other direction because of the devaluation of the peso.
13 Aug 2020
Rising outbreaks of the coronavirus are keeping travel restrictions in place, preventing airlines from reactivating their grounded international capacity and severely restricting available freight space.
12 Aug 2020
Unusual spikes in demand for products like fertilizer and birdseed have farm and garden supply retailer Southern States Cooperative looking for additional capacity and rethinking traditional inventory models.
12 Aug 2020
Despite optimism that BNSF Railway’s congestion may ease, intermodal marketing companies expect demand to be high and equipment dislocations to persist through October in California.
12 Aug 2020
While the oil and gas sector has pulled back dramatically from early 2020 capital spending plans, the low bunker fuel prices that have also come with global oil demand destruction have helped to control costs.
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