News

02.02.2022

Gulf Coast import growth propels regional warehousing boom

Asian imports led growth for Gulf Coast ports, thanks to the influx of retail-related cargo. Photo credit: Shutterstock.com. More shippers are opting to land imports along […]
02.02.2022

USDA, Oakland ready ‘pop-up’ export yard for ag shippers

Michael Angell, Associate Editor | Feb 01, 2022 4:27PM EST Ag shippers have been pleading with the federal government for ways to secure more export containers […]
01.02.2022

Shippers will pay for ‘reliable capacity’: ArcBest

Capacity and labor shortages are forcing shippers to find new ways to combine modes, ArcBest said. Photo credit: Shutterstock.com. The value of capacity to shippers has […]
01.02.2022

Loadsmart channels SoftBank investment to $1.3 billion valuation

Digitally native broker Loadsmart, which has raised $346 million in total, said it plans to use its latest cash infusion to fuel product development. Photo credit: […]
01.02.2022

Soaring rates, congestion drive Hapag-Lloyd to ‘extraordinary’ 2021 result

The disrupted ocean shipping market is providing handsome returns for the carriers, and Hapag-Lloyd is heading for a consecutive record annual result. Photo credit: Shutterstock.com. Hapag-Lloyd […]
01.02.2022

Virginia avoiding vessel backlogs plaguing other East Coast ports

The Port of Virginia can be nimble because it can discharge vessels in two large container terminals, both of which the port authority runs and operates, […]
01.02.2022

Carriers hauling competing lines’ empty boxes from LA-LB to Asia

Empty containers account for more than 45 percent of all containers on Los Angeles-Long Beach docks. Photo credit: Shutterstock.com. Carriers calling on the ports of Los […]
01.02.2022

Full ships, port woes lead ONE to $6.7 billion net for fiscal H1

North American port and inland logistics bottlenecks disrupted ONE operations, but at the same time ramped up the carrier’s earnings. Photo credit: Shutterstock.com Ocean Network Express […]
31.01.2022

J.B. Hunt buys ‘middle-mile’ furniture fleet for $87 million

Bassett will rely on J.B. Hunt to manage a growing regional fulfillment network aimed at retail and wholesale customers. Photo credit: Shutterstock.com. Calling the consolidation of […]
31.01.2022

CMA CGM acquisition expands European last-mile delivery footprint

CEVA Logistics will add a majority share of France-based e-commerce company Colis Privé to its last-mile European offering. Photo credit: CEVA Logistics. CMA CGM has acquired […]