Maersk suspends 2020 earnings guidance

Beyond COVID-19, other economic factors may be exerting greater than expected pressure on shipping volume, as Maersk reported less than 1% loaded volume growth in 2019.

By Emma Cosgrove • Updated March 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 • Updated April 2, 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

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. 6, 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. 5, 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. 3, 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. 3, 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

AI is reshaping transportation. Railroads can get on board or miss out

Can freight rail deploy technologies that boost safety performance and productivity while growing market share? Ian Jefferies, president and CEO of the Association of American Railroads, grapples with the question.

By Ian Jefferies • Jan. 28, 2020

How to factor IMO 2020 into upcoming ocean freight contract negotiations

The volatility of the low-sulfur fuel market demands shippers pay close attention and question their carriers.

By Shefali Kapadia • Jan. 27, 2020

CH Robinson launches supply chain innovation lab

Solutions will aim to reduce lead times and empty miles and increase freight visibility for shippers, while integrating into their own ERP systems.

By Morgan Forde • Jan. 24, 2020

Waymo expands autonomous truck tests to Texas, New Mexico

In comments filed last year with the federal government, Waymo said it has "increasingly turned our attention to moving goods.​" 

By Matt Leonard • Jan. 24, 2020

Union Pacific predicts more headcount cuts and yard consolidation in 2020

Hump yards, train lengths and personnel are still in the crosshairs as the railroad chases its long-term goal of a 55% operating ratio, executives said.

By Emma Cosgrove • Jan. 24, 2020

Demand signals show signs of life, but trucking industry still struggling

Multiple experts suggest more capacity will need to leave the market before rates move to favor carriers rather than shippers, but there were some positive signals for carriers to round out 2019.

By Matt Leonard • Jan. 23, 2020