Trucking capacity and storage costs under pressure as shippers re-route cargo
Trucking capacity, storage costs and rates are expected to come under pressure as shippers re-route ...
JB Hunt opened the earnings season in logistics with a bang yesterday and one of its best interim updates in a very long time. But the glory days of Q1 ’21 also force difficult decisions.
As the table above indicates (click to expand), all the key group metrics moved in the right direction, and that’s not to mention: soaring free cash flow yield, thanks to the cash machine that it currently is, having invested less in capex, $85m versus $128m in Q1 ...
Atlantic and Gulf coast US ports close as ILA rejects last-minute offer
Box lines declare force majeure as White House defends ILA
Talks rumoured to be underway after USMX urged ILA back to the table
ILA blames 'profiteering' foreign-shipping lines for US port strike
Strike disruption begins: 'a frenzy' to come with extra demand for airfreight
Shippers scrambling for alternatives as box lines divert from closed ports
Airlines scramble to avoid Middle East airspace as missiles fly
Port strike will see 60 more ships at anchor this week and rates rising
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