Due to reduced demand tied to the coronavirus, Maersk said it has cancelled more than 50 sailings beyond what it normally cuts during the traditional Chinese Lunar New Year lull.
Thursday February 20, 2020
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Press Releases
19 Feb 2020
Coyote Logistics predicts truckload contract rates will remain flat to down in 2020 versus a year ago, while spot rates will be higher than 2019 levels very soon.
19 Feb 2020
The developer of a Texas industrial park scheduled to open in early 2021 says it will work with Kansas City Southern of Mexico to offer a shorter, cheaper way for Mexican manufacturers to ship goods to Houston and other Texas markets.
18 Feb 2020
Declining imports due to factory shutdowns in Asia from the Lunar New Year and the coronavirus are beginning to produce a shortage of empty containers in the US interior, with the shortages expected to spike in March.
18 Feb 2020
A rail blockade in Ontario as part of a more than week-long First Nation protest against a proposed oil pipeline in Canada remains in place, and CN’s eastern Canadian network is at a near standstill.
18 Feb 2020
Truck tonnage increased for the second straight month in January, but a weak manufacturing sector and high inventories are keeping a lid on freight demand.
18 Feb 2020
Truckload carrier Alabama Motor Express sees opportunities to grow by purchasing smaller carriers hit by rising truck insurance premiums.
14 Feb 2020
Pacific International Lines, which participates in a half-dozen trans-Pacific services, mostly in slot-charter arrangements, is exiting the highly-competitive Asia-US trade lane.
14 Feb 2020
The Port of Houston has been awarded a $21.8 million federal grant to help fund the extension of a berth at the Bayport Container Terminal.
14 Feb 2020
Federal grants totaling almost $33 million for the neighboring ports of Los Angeles and Long Beach will help support intermodal rail efficiency at the Southern California port complex.
14 Feb 2020
US shippers are demanding more precise delivery times for their goods, as retail charges for late deliveries and better awareness of truck driver hours of service raise the stakes in visibility.
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Jan 28, 2020 2:00PM EST
