The US government’s $700 million loan to YRC Worldwide guarantees LTL stability in an uncertain economy.
Thursday July 2, 2020
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Executive Editor, JOC.com Mark Szakonyi, based in Washington, D.C., covers railroads, U.S. transportation and trade policy, sourcing and ocean shipping.
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Unadjusted Labor Department employment numbers show motor carriers have recovered about 44 percent of the jobs lost from February to April.
APM Terminals is rolling out a set of data connectivity tools, initially at two US ports, to inform shippers of container status and vessel arrival on a more real-time basis.
BBC Chartering CEO Ulrich Ulrichs said in a JOC Uncharted interview that the MPV/HL fleet should brace for higher operating costs and further consolidation, similarly to the global container fleet.
Montreal waterfront employers a decade ago locked out longshore workers for several days, after the union authorized a strike following an 18-month impasse in contract talks.
Transplace has begun providing managed transportation-like services to customers that have their own transportation management system but want to be able to benchmark against the data of the $11...
Following a pandemic-driven slide, the Toepfer Multipurpose Index is expected to stabilize in July.
For drayage operator Mark-It Express Logistics, the purchase of Sava Transportation and Spirit Trucking represent the first steps in a larger consolidation plan.
Forwarders in the container supply chain are keeping a close eye on rising demand from European shippers, as carriers try to balance capacity with rising volume.
The US CARES Act loan to YRC Worldwide keeps US military LTL shipments moving, and gives the US taxpayer a nearly 30 percent share in the company.
Five of the major carriers now offer online quoting and booking with Mediterranean Shipping Co. the latest to launch its e-business solution.
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