News

30.04.2020

COVID-19 to accelerate logistics industry toward digital, low-growth reality

In a recent survey, 76 percent of logistics professionals that said they expect to make major changes in the wake of COVID-19 said they will invest […]
30.04.2020

COVID-19 underscores need for tech investment: C.H. Robinson

C.H. Robinson plans $60 million to $70 million in capital expenditures this year, mainly on technology, to drive efficiency in domestic and global operations. Photo credit: […]
30.04.2020

Falling volumes loom over ONE’s first full-year profit

ONE will not be able to enjoy its first positive result for long as economic storm clouds gather on the horizon. Photo credit: Shutterstock.com. Ocean Network […]
30.04.2020

DSV eyes June for start of logistics market recovery

The integration of Panalpina volume and revenue allowed DSV to report a good start to 2020, despite the demand-crushing effects of the coronavirus. Photo credit: Shutterstock.com. […]
30.04.2020

COVID-19 freezes US truckload contracts, bids

US shippers are shying away from truckload pricing talks amid falling volumes, with uncertainty clouding forecasts beyond the second quarter. Photo credit: Shutterstock.com. Trucking’s annual bidding […]
29.04.2020

NS focusing on intermodal efficiencies rather than chasing freight

Norfolk Southern’s intermodal volume in the last four weeks has been the weakest start to a second quarter since 2011, according to AAR data. Photo credit: […]
29.04.2020

Cosco lifts unit revenue even as volumes drop

It was a relatively good start to the year for Cosco Shipping, with tight capacity management fending off the impact of a worsening business environment. Photo […]
29.04.2020

COVID-19 knocks trucking recovery back years

The decline in trucking volumes will exacerbate pressures on small trucking companies that haven’t built up their own shipper customer base. Photo credit: Shutterstock.com. While the […]
29.04.2020

Global recession will weigh on air cargo recovery: IATA

More airlines are reconfiguring their passenger planes to carry cargo as demand for medical equipment outstrips all available capacity. Photo credit: Swiss WorldCargo. Air cargo capacity […]
29.04.2020

Judge rejects GCT attempt to block Maersk from shifting NY-NJ services

A US District Court in New York on Monday denied a request from GCT for a preliminary injunction to prevent Maersk from canceling its lease early. […]