Germany’s Transportation Companies Come Into Their Own

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Sourcing shift from China pulls US import share to more than a decade low
Intermodal contract savings fell in Q4 ahead of 2023 bids
UPS to sharpen focus on ‘smart’ technology in ‘bumpy’ 2023
Norfolk Southern adds to Southeast intermodal capacity with new cranes
Asia-Europe spot rates soften to pre-pandemic levels

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Sourcing shift from China pulls US import share to more than a decade low

Data shows US importers are walking the walk when it comes to sourcing diversification, slowly moving trade flows away from China and toward Vietnam, India, and South Korea, writes Journal of Commerce Executive Editor Mark Szakonyi.

Intermodal contract savings fell in Q4 ahead of 2023 bids

Shippers saved less than in prior quarters on their intermodal contracts to close 2022, setting up a race to the bottom this year to keep freight on the rails.

UPS to sharpen focus on ‘smart’ technology in ‘bumpy’ 2023

Technology that connects and automates packages, trucks, and sorting facilities will come to the fore at UPS this year as the largest US logistics provider positions itself for an economic rebound.