Freight

Maersk secures $5B in credit tied to emissions progress

The carrier aims to cut carbon emissions by 60% per cargo moved by 2030. ​

By S.L. Fuller • Feb. 27, 2020

Ports of LA, Long Beach agree to jointly tackle pain point: visibility

The ports plan to involve stakeholders from shipping lines, cargo owners and drayage to address issues related to gate velocity, cargo predictability and chassis availability. 

By S.L. Fuller • Feb. 26, 2020

Revenue concerns spread outside China with coronavirus cases

The difficulty in predicting the spread of the disease makes it especially challenging for companies to make plans and seek alternative suppliers.

By Matt Leonard • Feb. 26, 2020

Arrests begin as Canadian freight players call for resolution to pipeline protest

Canadian National CEO JJ Ruest said factories in Canada that rely heavily on rail are starting to feel the pain and expects it will take several weeks to return to normal operations.

By Emma Cosgrove • Feb. 24, 2020

Shippers turn to air freight as Chinese factories come back online

The coronavirus outbreak led to a downturn in demand, but as commercial airlines cut capacity, carriers and freighters see an opportunity.

By Matt Leonard • Feb. 24, 2020

Are US railroads ready for post-coronavirus volume spikes?

Union Pacific CEO Lance Fritz said shippers need to take some responsibility for the flow of freight if they want speedy service after effects of the COVID-19 outbreak fade and China imports regain full strength. 

By Emma Cosgrove • Feb. 21, 2020

Maersk lowers volume expectations with coronavirus recovery path uncertain

Beyond COVID-19, economic factors may already be exerting greater than expected pressure on shipping volume, as Maersk reported less than 1% loaded volume growth for the whole of 2019, after projecting a 1% to 2% increase.

By Emma Cosgrove • Feb. 20, 2020

Maersk expands US warehousing network with $545M acquisition

The move supports the carrier's goal of transporting customer goods "from factory floor to store door," and increasing its end-to-end service market share in North America.

By Morgan Forde • Feb. 20, 2020

Carriers report reefer, truck shortages in China's stalled supply chains

One logistics company recommended booking trucking services two days in advance as a result of the driver shortage.

By Matt Leonard • Feb. 19, 2020

Gucci shuffles inventory to minimize coronavirus impact

It's not the only retailer figuring out what the coronavirus outbreak will mean for its China-based retail operation as companies choose to close storefronts as a precaution.

By Matt Leonard • Feb. 14, 2020

Canadian National shuts down eastern network as pipeline protests persist

The railroad told customers Thursday it had begun to shut down its eastern network, threatening freight movement in Canada and the U.S. Midwest. 

By Emma Cosgrove • UPDATED: Feb. 14, 2020 at 10:38 a.m.

Maersk's new CFO brings M&A experience to shipping giant

Patrick Jany joins the shipping giant from Clariant, a company that highlights its work to create a sustainable supply chain, and where mergers and acquisitions fell under his purview.

By Matt Leonard • Feb. 12, 2020

XPO cuts brokerage headcount nearly 20%, credits automation

Revenue for XPO's brokerage division was down 14% year-over-year for 2019, but the company is finding cost savings by automating the process.

By Matt Leonard • Feb. 11, 2020

NRF: Coronavirus could cause 13% import drop at US ports

Before the outbreak, the National Retail Federation predicted February imports would be 1.54 million TEUs. The forecast has slid to 1.41 million.

By Morgan Forde • Feb. 11, 2020

Trucking companies blame slow manufacturing for rough 2019 volumes

Landstar expects the weak trucking environment to continue in the coming months and said "it is difficult to predict the economic environment in the back half of 2020."

By Matt Leonard • Feb. 06, 2020

Cummins cuts inventory by $400M anticipating truck production downturn

Private fleets are "awash in excess equipment,” according to ACT Research. Cummins' CEO said Tuesday he expects heavy-duty truck production for North America to be down 40% year-over-year in 2020.

By Emma Cosgrove • Feb. 05, 2020

East Coast ports see growth in 2019 while West Coast imports fall

The Port of Long Beach saw the largest decline with an 8% year-over-year drop in imports. Savannah saw the most growth at 7%.

By Matt Leonard • Feb. 03, 2020

Maersk, CMA CGM blank sailings as coronavirus spreads

The coronavirus has prolonged a Lunar New Year production shutdown in China, exacerbating the usual seasonal slump on trade lanes out of Asia. 

By Shefali Kapadia • Feb. 03, 2020

Operations, trade flows halt as coronavirus spreads

Transportation in and out of Wuhan and Hubei Province is shut down, and all terminals at The Port of Wuhan have ceased operations due to a regional quarantine​.

By Matt Leonard • Jan. 31, 2020

'Extreme, unprecedented' trucking market changes hit CH Robinson

C.H. Robinson forecasted in October the market would remain favorable to shippers through the first half of 2020, and so far, the data shows the 3PL's prediction to be true.

By Shefali Kapadia • Jan. 30, 2020

Union Pacific releases new APIs to increase visibility for shippers

The railroad says the connections can also be used for intermodal planning, shipping actions, managing a rail network, validating pre-gate reservations and other functions.

By Matt Leonard • Jan. 30, 2020

Norfolk Southern: PSR made our service better

CMO Alan Shaw said he expects growth in intermodal revenue and volume this year while forecasting flat total revenue for 2020.

By Emma Cosgrove • Jan. 30, 2020

Transplace forecasts increase in LTL contract rates

Now that Class 8 orders are slowing, trucking supply and demand could approach equilibrium and result in rate changes for shippers. 

By Morgan Forde • Jan. 29, 2020

Union Pacific to reopen almost 60 lanes, reversing course of last year

The railroad's move to reopen closed lanes indicates it sees a possible benefit in offering more service options.

By Emma Cosgrove • Jan. 29, 2020

Container line group sets track and trace standards

Adoption of common standards is critical to ensure information sharing, especially across large operations that use differing technologies and data exchange methods.

By Shefali Kapadia • Jan. 29, 2020