Ready to welcome a steady incoming flow of conference attendees, introduce the world to a host of new industry innovations and provide a full lineup of fun events all week long, ProMat 2023 opened its doors to the world at 10 a.m. CST this morning. After being forced to go virtual in 2021 due to the global … Read more
Difficult annual comparisons and reduced consumer demand were instrumental in driving down respective February volumes, at the Port of Los Angeles (POLA) and the Port of Long Beach (POLB), according to data recently issued by the ports. POLA reported that February volume—at 487,846 TEU (Twenty-Foot Equivalent Units)—were down 43% compared to February 2022, the port’s … Read more
While showing solid month-to-month improvement, the most recent edition of the Trucking Conditions Index (TCI), which was recently issued by freight transportation consultancy FTR, still remained in negative territory. According to FTR, a TCI reading above zero represents an adequate trucking environment, with readings above 10 indicating that volumes, prices and margin are in a good … Read more
