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13
Feb
Air Cargo’s Lunar New Year Blues
Global airfreight weakness has worsened to start 2023 in the face of a global economic slowdown and the lack of a typical bounce around the Chinese New Year holiday. But there is cautious optimism that cross-border trade and demand for […]
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12
Feb
Cargo Thefts Spike 15% across US, Canada in 2022
The end of 2022 saw a surge in cargo thefts that pushed the yearly total to above an estimated $223 million worth of goods stolen across Canada and the U.S., according to recent data from CargoNet. The Verisk Analytics-owned data firm, […]
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10
Feb
January Imports Up from December, but February is Looking Weak
In January, U.S. containerized imports logged their highest month-on-month gain since last May, according to data from Descartes. Inbound volumes rose 7.2% versus December to 2,068,493 twenty-foot equivalent units, Descartes reported Wednesday. That’s the good news. The bad news is […]
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29
Jan
Electric Vehicles Will have Tough Audience in LTL Carriers
Electric trucks remain very much a show-me story in general. For less-than-truckload carriers, electric vehicles (EVs) may be a no-show unless certain things change. The lack of a robust infrastructure and recharging time are the twin bogeymen, but more so […]
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26
Jan
Truckers’ Positive Drug Tests Up 18% in 2022
The latest data from the Drug and Alcohol Clearinghouse reveals that drug use among commercial drivers may be at its highest level since the federal repository was set up in 2019 — but more are being cleared to drive again […]
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25
Jan
US LTL Carriers Look Past Downturn by Expanding for Next Rebound
The US economy may be heading toward recession, but many companies hauling less-than-truckload (LTL) freight are preparing for an economic rebound that is at least months away. Those LTL carriers are building or expanding terminals and adding services, anticipating more […]
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25
Jan
Container Shipping Shake-up: Maersk, MSC terminating 2M in 2025
The global container shipping network is poised for a major shake-up. The 2M vessel-sharing alliance between MSC and Maersk — the world’s two largest ocean carriers — is being dissolved. The two carriers said Wednesday that they had mutually agreed […]
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23
Jan
Vietnam Sees Surge in Deep-Sea Vessel Capacity Amid Trade Sourcing Shift
Soaring trade volumes in Vietnam, partly due to manufacturers shifting from China due to Beijing’s tough COVID-19 lockdowns and quarantine restrictions last year, have led to a surge in mainline vessel capacity calling at Vietnam ports. Figures specially compiled by […]
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17
Jan
Investments In Ports Foretell The Future of Global Commerce
Driverless vehicles whizz across five new berths at Tuas Mega Port, which sits on a swathe of largely reclaimed land at the western tip of Singapore. Unmanned cranes loom overhead, circled by camera-fitted drones. The berths are the first of 21 […]
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15
Jan
‘Surge Finally Over,’ US Imports Back Near Pre-Pandemic Levels
The “new normal” is looking a lot like the old normal as U.S. imports continue to fall. Volumes began declining sharply in September and were already close to 2019 levels by the end of last year. They’re expected to pull […]
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