Network realignment shines light on hub-focused product vs. direct calls If the question is solely on the risk related to being delayed in each port, the Gemini network ought to, statistically, have a slightly higher core reliability than Mediterranean Shipping Co. when the need for shuttles is taken into account, writes analyst Lars Jensen. Source … Read more
Trucking companies large and small are considering adding more LTL providers to their portfolios, but finding the right acquisition targets is a challenge. Source link
The move comes as container shipping affiliate Cosco Shipping Holdings is expanding services between China and Thailand and as overall shipping capacity is growing between the two countries. Source link
Rising competition and tough negotiations with customers are believed to be behind the narrowing profit margins that were plainly displayed in the financial results of the two forwarders. Source link
Network realignment shines light on hub-focused product vs. direct calls If the question is solely on the risk related to being delayed in each port, the Gemini network ought to, statistically, have a slightly higher core reliability than Mediterranean Shipping Co. when the need for shuttles is taken into account, writes analyst Lars Jensen. Source … Read more
September truck tonnage levels took a step back, falling after two months of growth, according to data issued today by the American Trucking Associations (ATA). The ATA’s advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index came in at 113.2 (2015=100), down 1.2%, following a 1.7% (downwardly revised from an original reading of 1.8%) off of … Read more
The national average price per gallon of diesel gasoline saw its first weekly decline after four consecutive weeks of gains, according to data recently issued by the Department of Energy’s Energy Information Administration (EIA). With a 7.8-cent decrease, the national average, for the week of October 21, came in at $3.553. This followed a 4.7-cent … Read more
The new edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm TD Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, was somewhat mixed, with what it called unprecedented parcel pricing, as well as more established trends for truckload and less-than-truckload (LTL) … Read more
Intermodal volumes remained on a strong growth track in September, according to data provided to LM by the Intermodal Association of North America (IANA). Total September volume, at 1,514,487 units, increased 7.4% annually. Domestic containers, at 704,871, were up 2.9% annually, while trailers, at 46,996, fell 9.2%. All domestic equipment, which is comprised of domestic containers and … Read more
Earlier this week, Downers Grove, Ill.-based Roadrunner, a national less-than-truckload (LTL) services provider focused on long-haul metro-to-metro shipping, announced the launch of a new outbound service originating from two key Texas markets—San Antonio and Laredo—which it described as the “busiest shipping port in the U.S.” Roadrunner Chief Operating Officer Tomas Jamroz said in a statement … Read more
