Modest growth in freight volumes will continue in the second half of the year even if inflation and oil prices remain high, according to trade economists who spoke at the SMC3 conference this week.
United States
United States
Press Releases
28 Jun 2022
The less-than-truckload industry is positioned to ride through a rocky soft patch in the economy and even a short recession with higher pricing, carrier executives at the SMC3 Connections conference said.
27 Jun 2022
Amid ongoing complaints that shippers can’t move cargo or return empties, new US shipping rules are enforcing when carriers can levy detention and demurrage fees.
27 Jun 2022
Rate levels on the major trade lanes out of Asia should be rising as peak season begins and key destination ports remain congested, but the spot market has continued to decline.
27 Jun 2022
BNSF Railway is stacking ocean containers outside Dallas as cargo owners struggle to unload inventory in a timely manner and chassis providers scramble to reposition equipment sent to Houston earlier this year.
27 Jun 2022
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.
24 Jun 2022
European logistics company DB Schenker will offer US shippers a more integrated package of domestic and international services by adding truckload carrier USA Truck to its Land Transport division.
24 Jun 2022
The South Carolina Ports Authority will extend Sunday hours for truckers through September, one of several initiatives officials believe will help the port navigate the upcoming peak season.
24 Jun 2022
Long-haul LTL carrier Roadrunner is cutting transit times in 66 lanes and adding more direct routes and truck drivers as freight demand from its shippers remains strong, company executives say.
23 Jun 2022
Ocean carriers could find themselves under pressure from shippers to revisit long-term contracts as spot market rates tumble on the trans-Pacific and Asia-Europe trade lanes.
22 Jun 2022
Yang Ming and HMM are the latest container lines to be brought under the microscope of US regulators thanks to a complaint from an Illinois importer alleging the carriers breached annual service contracts last year.
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Speakers:
Bob Andrews, Senior Vice President, CenterPoint Properties
