Reliance on contracts results in unused truckload, ocean capacity: study
A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate.
A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate.
The retailer also plans to expand the service to cities including Houston; Charlotte, North Carolina; and Orlando and Tampa in Florida.
The 3PL plans to grow its EV truck fleet in 2026 as part of its long-term net-zero plan.
S&P Global’s outlook for the transportation sector sees US ports facing a volume decline in 2026 with the potential for recovery in 2027.
While dry-van spot rates typically climb in December, this year’s increase is the highest for early December in more than five years, according to DAT Freight & Analytics.
The rise in bookings is driving an increase in the capacity offered by ocean carriers on Asia to North Europe and the Mediterranean that this week reached record levels on both trades.
Prices declined across all major trade lanes, with the average global spot rate standing at $2.73 per kilogram, down 5% YoY, Xeneta reported.
The cancellation — along with the closure of a spoke facility in Tennessee — continues the grocer’s pullback of its e-commerce network.
The global branded food company expects beef costs to remain high throughout fiscal 2026 while pork costs ease.
The move into transportation management expands Transfix’s scope from its current focus on brokerage pricing technology.