FW: Uber Freight’s $851m payout to Greenbriar highlights creative deal structures
FREIGHTWAVES reports: Managed transportation and technology provider Uber Freight’s (NYSE:UBER) conclusion in October of an $851 ...
Despite an improvement in August, US trucking firms are in for a slow ride as economic conditions weaken.
Meanwhile, shippers are using the breathing space to optimise networks and reduce costs, although not in a push to reduce rates to pre-pandemic levels.
US truckers rolled through August at a better clip than anticipated. The American Trucking Association’s For-Hire Truck Tonnage Index shows a 2.8% gain for the month, reversing a 1.5% slip in July. Year-on-year, the index is up 7.4%.
The Cass Freight ...
Up to $1.5m fee for every Chinese-built box ship calling at a US port
Carriers warn of cargo disruption due to strikes at Munich Airport
$1.5m China-built ship charge would bring return of US port congestion
MSC switches bigger box ships to higher-paying trades in 'landmark' move
Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure'
Taiwan and South Korea lines don't fear US levy on Chinese ships
Business calls for end to French port strikes, but unions plan more
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