Improved Carrier Sentiment Signals Potential Rate Increase in Truckload Spot Market
A recent Bloomberg | Truckstop survey reveals that sentiment among North American carriers in the truckload spot market has improved… Read More
US Trucking Sector Faces Continued Challenges Amid Q1 Slump in Volume and Spending
As the US trucking market continues to grapple with uncertainty, the latest data from US Bank’s Freight Payment Index for… Read More
Chinese Electric Cars Encounter Difficulties in Getting Sales in European Markets
The rise of China’s automotive industry has been meteoric, marked by a transformation from producing basic clones to manufacturing vehicles… Read More
Maersk Infuses $600 Million into Nigeria’s Port Infrastructure, Bolstering Maritime Trade Expansion
A.P. Moller-Maersk (Maersk) has unveiled a substantial $600 million investment geared towards enhancing Nigeria’s port infrastructure, marking a pivotal step… Read More
AutoStore Unveils U.S. Headquarters in Salem, New Hampshire
AutoStore™, the pioneering global warehouse technology company renowned for revolutionizing warehouse automation through modular storage solutions, has disclosed its intentions… Read More
Peel Ports and Awake.AI Forge Alliance to Elevate Port Operations with AI Solutions
Peel Ports Group has unveiled a strategic collaboration with Awake.AI, signaling a landmark partnership aimed at harnessing AI-based solutions to… Read More
US Transport Company Challenges CMA CGM’s Detention and Demurrage Charges
Access One Transport, a California-based haulier, has lodged complaints with the US Federal Maritime Commission (FMC) regarding container line detention… Read More
Chinese E-Retailers Drive Surge in Air Cargo Prices to the U.S
The escalating popularity of Chinese e-commerce giants like Shein and Temu among American consumers is driving a significant increase in… Read More
US Intermodal Gains Momentum Amid Trucking Challenges
Following a period of sluggish performance, US intermodal traffic is on the rise, signaling potential for further growth. Union Pacific’s… Read More
Global Commodity Prices Plateau, Threatening Inflation Targets Amid Geopolitical Tensions
Global commodity prices, which sharply declined last year contributing to a reduction in global inflation, have now stabilized, posing challenges… Read More
Freight Train Derailment Sparks Fire Near US-Mexico Border
A freight train transporting gasoline and propane derailed near the Arizona-New Mexico border, igniting a blaze that engulfed approximately six… Read More
Mounting Oil Price Threat Amplifies Supply Chain Concerns Amidst Middle East Tensions
As warnings from the World Bank echo concerns of soaring oil prices amidst ongoing instability in the Middle East, supply… Read More
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