TPM: Declining shipments will drive consolidation in US LTL sector
A gloomy outlook for demand and rates in the US trucking market will drive consolidation ...
As the long awaited recovery in the trucking sector remains mired in contraction, large US carriers are shifting a growing portion of their fleets to dedicated work.
Meanwhile, in Canada, Walmart rewrote the playbook with the sale of its trucking unit to Canadian Cartage.
The trend to more dedicated capacity arrangements has been building for some time, said Satish Jindel, president of ShipMatrix and SJ Consulting, pointing out that the push has come from both sides.
Outlook for container shipping 'more uncertain now than at the onset of Covid'
Shippers warned: don't under-value US exports to avoid tariffs – 'CBP will catch you'
Cancelled voyages take the sting out of spot rate declines this week
New Houthi warning to shipping as rebel group targets specific companies
K+N CEO unveils impact of US import tariffs on China-origin goods
Blanked sailings in response to falling demand 'just a stop-gap solution'
CMA CGM to reflag box ship as the French carrier eyes growing Indian market
Teamsters union vows UPS will be 'in for a hell of a fight' over jobs cull
Boeing looks to resell up to 50 aircraft rejected by Chinese buyers
More pressure on transpacific rates as carriers bet on a China-US trade deal
'Strong start' to 2025, despite market uncertainty, says Kuehne + Nagel
US Customs chaos means 'more downside risk than upside potential' for air cargo
Taiwan ministries act to mitigate effect of trade war on agriculture exports
Wan Hai joins box shipping 'arms race', but avoids Chinese yards for newbuilds
MOL signs up with Climeworks for direct air carbon capture and storage
Comment on this article