With cargo volumes dropping in many of the international commerce lanes, provide chain bottlenecks that had contributed to deteriorating vessel schedule reliability in 2021-22 are not a significant drawback this 12 months.
Refrigerated warehousing development is “exploding” within the US Southeast, as one port government put it, due to a rising inhabitants and elevated demand for imported produce and different meals merchandise.
The federal authorities’s present funding authority is ready to run out Oct. 1. (Bloomberg Information) [Stay on top of transportation news: Get TTNews in your inbox.] Making certain federal businesses are funded by fiscal 2024 will lead the Senate’s agenda…
Daseke’s elementary efficiency was stable regardless of an industrywide decline in freight charges and rising rates of interest, in accordance with CEO Jonathan Shepko. E.W. Wylie is a subsidiary of Daseke. (Daseke Inc.) [Stay on top of transportation news: Get…
[Stay on top of transportation news: Get TTNews in your inbox.] A coalition of 322 organizations that depends on the nation’s Class I freight railroads wrote a letter to President Joe Biden Oct. 27, urging the White Home and administration…
The provider goals to extend capability by greater than half on the Staten Island terminal it took over as a part of its acquisition of International Container Terminals’ US belongings.
Whereas retailers usually divert some discretionary cargo to ports on the East and Gulf coasts in years when the ILWU and PMA negotiate a brand new contract, the shift away from the West Coast has been significantly dramatic this yr.
