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15
Nov
Leading LTLs Cutting Headcount, Terminals as Retail Demand Slackens
The retrenchment of the $46 billion less-than-truckload (LTL) industry is beginning as the industry enters its slowest freight demand part of the year. FedEx Freight, the LTL unit of FedEx Corp. and the nation’s largest LTL carrier, said it is laying off […]
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07
Nov
New FedEx Freight Pilot Focuses on Simpler Approach to Pricing
Earlier this week, FedEx Freight, the less-than-truckload subsidiary of global logistics and freight transportation services provider FedEx, announced it is rolling out a new pilot initiative, which it described as an industry changing space and pace pricing pilot for select […]
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06
Nov
MSC Warns of Higher Shipping Costs in EU’s Carbon Trading Scheme
Mediterranean Shipping Company (MSC) has warned clients of higher costs with the inclusion of shipping in the EU’s carbon trading market. The EU emissions trading system (ETS), part of the “Fit for 55 package” to reduce greenhouse gas emissions by […]
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01
Nov
US Trailer Demand Defies Economic Downturn
Wabash National can’t build dry-van and refrigerated trailers fast enough to meet US demand, so the equipment manufacturer is expanding its plant in Lafayette, Indiana, to turn out more dry-van trailers starting in the first quarter and is expanding production […]
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27
Oct
Shipping Rates are no Longer Plunging. Is ‘New Normal’ Near?
Ocean shipping spot rate indexes are still falling. But after months of steep declines, they’re dropping much less rapidly than before. It could be just a temporary plateau before the next leg down. Or it could be something more significant: the […]
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20
Oct
LTL Rating Group Begins Overhaul of Classification System
The organization that oversees pricing in the less-than-truckload industry, in what it has called a major overhaul of its antiquated shipment rating system, said it will consolidate or eliminate a large volume of irrelevant classifications that make LTL transport a […]
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19
Oct
Container Imports to Los Angeles and Long Beach are Plummeting
September is usually a strong month for West Coast imports as U.S. companies bring in their year-end holiday goods. Not so in 2022. On Wednesday, the Port of Los Angeles reported its lowest import total for September since 2009, amid […]
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30
Sep
The Latest on Ian’s Impact on the Supply Chain
Floridians are starting to assess the damage created by Hurricane Ian a day after it slammed into the Gulf Coast as a massive Category 4 storm. By Thursday morning, Ian had been downgraded to a tropical storm, but a threat […]
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27
Sep
Eastward turn shifts Hurricane Ian’s Florida Threat
Updates continue to roll in for Hurricane Ian on Tuesday as the center of the storm moved off Cuba and into the open waters of the Gulf of Mexico toward Florida. The outer rain bands of Ian, classified as a […]
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20
Sep
Freight Bill vs. Bill Of Lading
To capture the most value from your logistics department, it is important you know the terminology from the industry. No matter what kind of enterprise you represent (manufacturing, distribution, any company that ships freight), freight bills and bills of lading are […]
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