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27
Dec
Expect to Hear More About Rail Service Issues in 2023
The Surface Transportation Board’s regulatory to-do list, train crew sizes and merger conditions related to Canadian Pacific’s acquisition of Kansas City Southern are just some of the big issues that rail industry stakeholders will be watching in 2023. One of […]
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19
Dec
FedEx, UPS Shippers face 8%-10% price hikes in 2023, Consultancy Says
TransImpact says there will be virtually no difference in rates in 2023 between FedEx and UPS. Shippers using FedEx Corp. and UPS Inc. can expect 8% to 10% price increases in 2023 once rate and various “accessorial,” or add-on, charges […]
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18
Dec
Ocean Carriers Plan to Bank Half Their Sailings from Asia
Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from Asia to North Europe and the US after Chinese New Year on 22 January. High inventory levels in Europe and […]
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16
Dec
Plunge in US Imports Accelerates; Volumes Near Pre-Covid Levels
The situation remains far from normal at some U.S. ports. There were still 18 container ships at anchor waiting for a berth in Savannah, Georgia, on Monday. But for the country overall, weakening inbound cargo volumes are bringing imports close […]
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16
Dec
CMA CGM Air Cargo ‘Temporarily’ Suspends US Operations
CMA CGM Air Cargo, the startup airline of France-based shipping giant CMA CGM, abruptly dumped logistics customers and stopped selling its own service in the U.S. so it can lease the aircraft to other cargo airlines in an apparent effort […]
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11
Dec
Ports of Savannah Shifts Gears to Focus on Containers Only
The Port of Savannah is set to transform its ocean terminal into a container-only facility in order to meet booming demand for boxship capacity. After a yearlong sustained surge in cargo volume, the Georgia Ports Authority (GPA) has unveiled a […]
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01
Dec
House Votes to Impose Rail Contract with Paid Sick Days to Head off Crippling Railroad Shutdown
The U.S. House moved urgently to head off the looming nationwide rail strike on Wednesday, passing a bill that would bind companies and workers to a proposed settlement that was reached in September but rejected by some of the 12 unions involved. […]
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30
Nov
Large Fleets a Big Target for Pricey Litigation
Larger fleets know the crushing math too well: The more tractors, trailers, and people they have out on the road, the greater their vulnerability is to accidents and, ultimately, the much higher their exposure is to costly litigation. Factor in […]
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28
Nov
Musk Touts Tesla Semi’s Range Days Before First Fleet Gets EV Truck
More than five years since the Tesla Semi prototype was unveiled, the first production models of the electric truck could be added to PepsiCo’s private fleet, which expects to receive the first of its 100 Semis on Dec. 1. In preparation for that […]
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22
Nov
LTL Carriers Dialing Down Labor Expenses as Volumes Sag
Less-than-truckload carriers have been vocal that they will be rightsizing head counts to match a recent pullback in volumes. On Tuesday, XPO (NYSE: XPO) confirmed to FreightWaves that it will be offering voluntary furloughs. “As we’ve done in the past, […]
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