Rates have been trending higher since the beginning of August due to the dislocation of carrier services linked to a string of storms that have disrupted operations at key ports in China.
An active participant in the port’s clean-air initiatives, Yusen has agreed to spend $200 million on zero-emission equipment at its terminal under terms of the lease extension.
A new report this week says planned gas-fired projects tied directly to US data centers reached 189 gigawatts in the first half of 2026, almost twice as much under development a year ago.
Manuel Cabañas has been with Suntory Global Spirits since 2000 and will now oversee manufacturing, distribution, quality, sourcing and operations across the company’s global network.
Chassis shortages and local street closures are also contributing to rail and truck dwells that hit their highest in over a year in July.
Proponents say the Delivery Protection Act will hold Amazon to account, but a report warns the bill could up shipping costs and slow service in the city.
The tit-for-tat tariff fight could hike costs for goods from ski jackets to agriculture and forest products, industry groups warn.
The UAE-based investor’s acquisition of a majority stake will bolster the logistics company’s efforts to accelerate its technology capabilities and develop new services for shippers.
A hot summer for import containers has sent spot drayage rates up in select markets, with safety concerns now becoming a factor in carrier selection.
Demand for car-carrying capacity now far exceeds the current capability of the global fleet, prompting a raft of newbuild orders.
