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Despite market uncertainty, some shippers like Bob’s Discount Furniture and Dollar Tree have expressed confidence in their ocean freight contracts.

The retailer is facing elevated vendor input costs and higher delivery fleet expenses as Iran war ripple effects challenge the furniture industry.

A new stand-alone FedEx Freight may resemble a start-up, but the LTL carrier is far from it, experts say. 

The retailer has made efforts to trim its product mix over the last two years as part of a more disciplined inventory management strategy.

Collaboration with global forwarders is allowing the carrier and its customers to significantly reduce carbon footprints in the difficult-to-monitor area of Scope 3 emissions.

Port and terminal operators are looking to spend $6.7 billion over the next five years to install cranes and other equipment, an industry survey shows, as Washington is asked to help reshore manufacturing.

But court filings show that even after restructuring, the company is likely to operate with thin margins and a relatively modest cash cushion.

The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry. The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry.

Richard Kloster joins the STB at an important time for the agency as it reviews the proposed $85 billion merger of Union Pacific and Norfolk Southern, which would be the largest US rail transaction in nearly three decades.

The snack and confectionery manufacturer plans to bring in-house more manufacturing and packaging to “save quite a bit of money,” EVP, COO and CFO Luca Zaramella said.