November 10, 2023
Via: FreightWavesLior Ron is a fan of autonomous trucking. You might even say the founder and CEO of Uber Freight loves the idea of driverless trucks. But as the late Tina Turner asked, “What’s love go to do with it?” The […]
October 27, 2023
Via: Container NewsThe addition of St. Lawrence’s Seaway to the map of disruptions has added yet another key pocket of constraints. The Panama Dilemma has been continuing with fewer vessels approved to pass through the locks, despite a priority for container vessels. […]
May 11, 2022
Via: FreightWavesSeveral data points provided Wednesday by logistics real estate provider Prologis showed warehouse space is likely to remain constrained for some time. A new metric, “true months of supply (TMS),” which compares current vacancies plus the development pipeline to trailing […]
December 15, 2021
Via: Transport TopicsCarmakers including Volkswagen AG and General Motors Co. should brace for the global semiconductor shortage to last beyond next year and redesign cars so they need fewer of the high-tech components, consultancy Roland Berger said. Severe bottlenecks will persist through […]
November 3, 2021
Via: Transport TopicsThe majority of truck drivers are not looking for a new job amid a market in which demand is outweighing supply, according to results of a survey released Nov. 2. The Examining Driver Opinions in Today’s Driver Market survey was […]
August 3, 2021
Via: Transport TopicsA.P. Moller-Maersk A/S, the world’s largest container line, raised its guidance for profit this year after freight rates soared as lockdowns led to a surge in spending on shipped goods. The Copenhagen-based company added almost $5 billion to the midpoint […]
September 3, 2020
Via: Transport TopicsCargo, one of the least glamorous aspects of flying, is proving a rare ray of light for airlines amid the coronavirus gloom. The grounding of passenger planes at a time of increased demand for everything from medical supplies to iPhones […]
October 14, 2019
Via: World Maritime NewsNamely, the U.S. President, Donald Trump, said that the deal with China means that “they will immediately start buying very large quantity of our agricultural product, not wait until the deal is signed over the next 3 or 4 weeks.” […]
November 14, 2018
Via: JOCShippers can expect greater capacity management from container shipping lines going into 2019 as the carriers try to better match supply with demand and lift rates in an unforgiving high fuel-cost environment. Those cuts could even be more severe in […]
December 11, 2017
Via: Transport TopicsThe cost of moving pretty much every dry-bulk commodity — from fertilizer to salt to rocks — has surged since July, lifting the London-based Baltic Exchange’s main freight gauge to its highest in almost four years. The rally has been […]