Two logistics-focused email automation specialists are joining forces, with London-based Sedna acquiring San Diego-based Shelly to accelerate the former’s ability to automate email data extraction for logistics teams.
Softening container rates are expected to pull “spillover” cargo back from the breakbulk sector, but the just-ended COVID lockdowns in China may slow a market normalization.
Import automation provider Flowfox is working with some of the largest container lines and global forwarders to adapt its European container release product to US needs.
P.A.M. Transportation’s purchase of Northeastern carrier Metropolitan Trucking is the latest in a string of regional acquisitions by large national companies aimed at expanding services for shippers.
US producer price indexes show overall transportation costs and total trucking costs moved higher still in May, and S&P Global expects the trend to continue.
Container ship capacity has become so scarce that cargoes are spilling over not only to breakbulk and multipurpose vessels, but to the roll-on/roll-off sector as well.
Some US intermodal shippers are forgoing trains to put their spot freight on trucks because the cost savings associated with rail have narrowed significantly since January.
West Coast employers and the International Longshore and Warehouse Union, in a rare joint statement while contract negotiations are under way, pledged to continue negotiations beyond July 1.