News

16.04.2020

East-West container rates converge on Asia-Europe trade

Container ships in the port of Antwerp. Strong demand has continued on the eastbound trades despite the coronavirus dragging down volume on routes from Asia to […]
16.04.2020

Uber Freight boosts transparency with ‘in-app bidding’ offering

In-app bidding allows carriers to receive feedback on their bids directly in the Uber Freight app from customers. Photo credit: Shutterstock.com. Uber Freight will offer drivers […]
16.04.2020

Rotterdam predicts big volume hit from COVID-19

Europe’s busiest container port of Rotterdam reported a throughput decline of 4.7 percent in the first quarter, handling 3.54 million TEU. Photo credit: Shutterstock.com. Rotterdam is […]
16.04.2020

‘Lost year’ for growth in 2020, but rebound in 2021: XPO

XPO Logistics CEO Bradley S. Jacobs expects a recovery in «fits and starts» in the second half of 2020. Photo credit: Ari Ashe, JOC.com/IHS Markit. The […]
16.04.2020

Pandemic lengthens US truck driver delays, detention

Labor shortages at warehouses and receivers that are still open are contributing to backups and truck driver retention. Photo credit: Shutterstock.com. Long waiting and unloading times […]
15.04.2020

Grim economic outlook to extend suffering for carriers

Container shipping companies are sailing into a steadily worsening demand environment with little clarity on when markets will begin to recover. Photo credit: Shutterstock.com. A deteriorating […]
15.04.2020

J.B. Hunt warns of further declines in intermodal volume

J.B. Hunt’s intermodal volume rose 7 percent in Q1, but revenue per load was flat and operating income fell 1 percent. Second quarter results are likely […]
15.04.2020

All MSC systems back online after Easter malware-caused outage

MSC has resolved its online network issues that affected its digital tools for five days over the Easter weekend. Photo credit: Shutterstock.com. This story was updated […]
15.04.2020

COVID-19 hastens new VC approach to logistics

Valuations for early-stage logistics startups had started to rise on historically low levels of recurring revenue prior to the COVID-19 pandemic. Photo credit: Shutterstock.com. The last […]
15.04.2020

After April crash, US trucking industry awaits peak disruption

Trucking demand is plummeting amid pandemic and may be slow to recover. Photo credit: Shutterstock.com. This month is likely to be marked by an overall collapse […]