News

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 […]
15.04.2020

Changing loading windows challenge US ag shippers

Exporters are struggling to comply with carrier-imposed deadlines known as the earliest receiving date (ERD) for delivering their containers to the ports. Photo credit: Shutterstock.com. A […]
15.04.2020

TMI down 9.8 percent on year as coronavirus sinks MPV/HL sector

Wind cargo is discharged at the Port of Houston’s Turning Basin Terminal. Photo credit: Port of Houston Authority. Toepfer Transport’s Multipurpose Index (TMI) fell to $6,863 […]
14.04.2020

Soaring air cargo rates cannot hide industry in trouble: IATA

Air France-KLM passenger planes parked on the runway at Amsterdam Schiphol at the end of March. Travel bans introduced in February removed 60 percent of air […]
14.04.2020

Air freight forwarders struggle in COVID-19 economy

Revenues for air freight forwarders have been more than halved due to COVID-19, according to the Airforwarders Association. Photo credit: Shutterstock.com. US air freight forwarders, squeezed […]