ArcBest rate hike masks slowing LTL market fortunes
At a time when truckload carriers are speculating if they have finally reached the bottom ...
“Truckload freight demand saw a modest seasonal lift in November before slowing more than anticipated in December. The seasonal lift in November was not enough to offset the productivity disruption we typically experience during the holidays. This not only impacted (…) our truckload business, but logistics and intermodal as well.” – Knight-Swift CEO David Jackson, Q4 23/annual results call with analysts (emphasis in bold added).
Knight-Swift’s (KNX) annual numbers released after the US market closed on Wednesday, 24 January ...
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
Airlines scramble to avoid Middle East airspace as missiles fly
Shippers scrambling for alternatives as box lines divert from closed ports
Port strike will see 60 more ships at anchor this week and rates rising
Union members on DB board set to vote against DSV sale
Kuehne CEO Paul against DSV's M&A and 'two of a kind' syndrome
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