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News
US imports set to push spot truckload rates higher in August
1+ day, 9+ hour ago (117+ words) Journal of Commerce More News & Analysis US logistics hub network gets federal funding boost The funding will spur local infrastructure development at three of the 36 logistics hubs that the TradePort Corridor System aims to connect. US imports set to push…...
Keeping intermodal service reliable is key to 2027 bids
1+ day, 12+ hour ago (116+ words) Journal of Commerce More News & Analysis Keeping intermodal service reliable is key to 2027 bids Intermodal train speeds in June were down compared with a year ago for all North American railroads except for Canadian Pacific Kansas City. Factoring company acquisition…...
Factoring company acquisition aimed at better equipping small truckload carriers
1+ day, 13+ hour ago (251+ words) BasicBlock, which provides factoring services to owner-operators and small fleets in the truckload market, this week acquired TrueNorth, a free load board and provider of automated dispatch tools for small carriers. The deal will see Nebraska-based BasicBlock, founded in 2018, expand…...
‘Win-win’ CN deal bolsters NS merger case, expands intermodal options: UP
2+ day, 9+ hour ago (255+ words) Union Pacific Railroad (UP) said Thursday that its agreement with Canadian National Railway (CN) would benefit both railroads, strengthen UP’s proposed merger with Norfolk Southern Railway (NS) and expand shipping options in several North American markets. Most notably, the memorandum…...
Lack of capacity holds back Rotterdam’s first-half volume
2+ day, 13+ hour ago (119+ words) Journal of Commerce More News & Analysis CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions The service had switched over to the Suez route in January before halting in early March when the Middle East war…...
Cosco Shipping strengthens heavy-lift MPV fleet with eight-ship order
2+ day, 13+ hour ago (119+ words) Journal of Commerce More News & Analysis CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions The service had switched over to the Suez route in January before halting in early March when the Middle East war…...
CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions
2+ day, 13+ hour ago (122+ words) Journal of Commerce More News & Analysis CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions The service had switched over to the Suez route in January before halting in early March when the Middle East war…...
US importers feel peak season capacity pinch to East Coast
3+ day, 9+ hour ago (189+ words) Container slot space from Asia to the US West Coast this early peak season is easing thanks to new capacity injections but remains tight to the US East Coast for a variety of reasons, including Panama Canal restrictions. That disparity…...
CargoWise customers content but wary about AI, pricing changes: report
3+ day, 8+ hour ago (262+ words) Journal of Commerce More News & Analysis CargoWise customers content but wary about AI, pricing changes: report Research by a technology vendor to global forwarders found that CargoWise’s major pricing model change last fall hasn’t yet resulted in major cost increases....
US importers face peak season capacity pinch to East Coast
3+ day, 9+ hour ago (122+ words) Journal of Commerce More News & Analysis US importers face peak season capacity pinch to East Coast Asia-East Coast spot rates remain elevated with capacity limitations on the trade lane and a second round of restrictions on Panama Canal transits. Shippers…...