News

22.02.2022

Forwarders lagging on automated quote capability: RPA Labs

The fastest response time to an online rate request among 41 small to mid-size forwarders was 1.5 hours, compared to 4 minutes among 45 top 50 […]
21.02.2022

Clipper backs ‘highly attractive’ $1.3 billion GXO takeover offer

A GXO takeover of Clipper will grow the overall UK and European footprint and expand both companies’ cross-selling ability in the high-growth e-commerce sector. Photo credit: […]
18.02.2022

US-Canada cross-border truck rates still high after protests

Freight backlogs caused by the Ambassador Bridge blockade may takes weeks to clear, freight broker Loadsmart said. Photo credit: Shutterstock.com. Protests by Canadian truck drivers that […]
18.02.2022

Kerry Logistics to buy Top Ocean, bolstering end-to-end Asia-US services

JOC Staff | Feb 18, 2022 12:54PM EST A forwarding expert said the acquisition of The Top Ocean Group by Kerry Logistics further concentrates market share […]
18.02.2022

Global supply chain probe launched by ‘five eyes’ nations

Competition regulators in the «five eyes» nations have launched an international effort to ensure supply chain disruption is not used as cover for antitrust activities. Photo […]
18.02.2022

Feeder rates for South India cargo jump amid Colombo congestion, forex woes

Average feeder fees from Cochin (above) or Tuticorin to Colombo have doubled in recent weeks – hitting $200 per TEU, sources say. Photo credit: DP World […]
18.02.2022

New federal office will continue Porcari’s battle against US port congestion

As part of the $1.2 trillion bipartisan infrastructure bill signed into law in November, a new federal Office of Multimodal Freight Policy will carry on John […]
18.02.2022

LA-LB port flow improving, but expect congestion through H1: terminals

Reducing their inventory of empty containers is the key to recent progress, terminal operators in Los Angeles-Long Beach say. Photo credit: Shutterstock.com. Cargo flow through the […]
17.02.2022

California identifies state land for container storage

California’s governor wants over $2 billion of state investment to make freight more efficient. Photo credit: Shutterstock.com. California has signed a deal with an online warehousing […]
17.02.2022

US refrigerated trucker Hirschbach goes coast to coast with JCT acquisition

Hirschbach has grown from $100 million to $650 million in annual revenue in eight years, with most of that growth organic, CEO Brad Pinchuk said. Photo […]