After two years of shipping pricing power, analysts expect spot and contract truckload rates to rise over the course of next year, with the biggest hikes coming in the second half. Source link
The Democrat, appointed under the previous Trump administration, had taken a particular interest in port and terminal operations while at the US maritime regulator. Source link
Canada’s Labor Minister requires management and unions to submit to binding arbitration and orders that ports reopen after a series of strikes and lockouts effectively halted container operations across the country. Source link
Both carriers generated more in net income between July and September than the first two quarters combined, filings to the Taiwan stock exchange showed. Source link
While there was no official word as to what caused the flip-flop on the part of the carrier, sources believe the security situation in the Red Sea remains too volatile for carriers to consider returning to the Suez route. Source link
A second intermodal option is coming for shippers moving cargo between Mexico and the Southeast US beginning in December. Source link
Minimal movements in industry indexes underline a constant demand for MPVs with capacity artificially reduced by Red Sea diversions. Source link
CMA CGM’s group net profit rocketed to $2.7 billion in the third quarter, thanks to stronger pricing power and earlier peak seasons for North American and European importers. Source link
A second Trump term could benefit US oil projects, but offshore wind is under threat as an early casualty of the new administration. Source link
US retailers plan to significantly increase imports in November and December compared with projections from just one month ago following Donald Trump’s election to a second term. Source link
