Archive for Press - page 17

The US economy may have contracted in the second quarter, with gross domestic product (GDP) shrinking 1.8 percent, according to an S&P Global estimate, but the volume of freight shipped across the United States continued to grow. And freight demand […]

Some California truckers who move containers in and out of the marine terminals at the ports of Los Angeles and Long Beach say they plan to participate in a work stoppage Wednesday to protest a controversial state law, AB5, that […]

Data from the Federal Motor Carrier Safety Administration (FMCSA) analyzed by FTR Transportation Intelligence shows that fleet failures started to accelerate in May and rapidly picked up pace in June, setting a record. FTR’s VP of Trucking Avery Vise, who is monitoring […]

Regional transportation company Pitt Ohio will build less-than-truckload (LTL) density and expand service in the Northeast and New York by acquiring Teal’s Express, a carrier based in Watertown, New York. Terms of the transaction between the privately owned companies, announced […]

Air cargo demand declined compared with a year ago for the fourth month in a row in June, according to the latest statistics from CLIVE Data Services. Figures from the Xeneta-owned data provider show an 8% year-on-year decline in chargeable […]

Employees of Williston, Vermont-based LandAir, an LTL carrier that serviced the Northeast and parts of Canada, say they were blindsided when they were unable to log in to their computers Tuesday morning and truck drivers were notified that the company […]

Less-than-truckload (LTL) carriers expect their rates to rise and remain elevated even if the US economy falls into a recession, according to speakers and executives at the SMC3 Connections Conference. Demand for LTL freight services remains strong, despite concerns about […]

Transport networks in Europe are facing a wave of summer strike action as an overstretched workforce demands wage increases to match runaway inflation and a spiraling cost of living. Data to be released by European Union statistical office Eurostat is […]

Shippers forced to carry additional inventory to compensate for persistent container vessel delays have shouldered cumulative financial losses of up to $10 billion over the past two years, according to an estimate from Sea-Intelligence Maritime Analysis. The cost burden of […]

Workers at the Port of Hamburg, Europe’s third-largest container port and the largest railway port, have followed through on their threat of a strike. In addition to Hamburg, the German ports of Emden, Bremen, Bremerhaven and Wilhelmshaven are also impacted […]