Economic uncertainty throws off folding carton market
Dented consumer confidence, spurred by tariffs and inflation, has led to a drop in demand and shipments.
Dented consumer confidence, spurred by tariffs and inflation, has led to a drop in demand and shipments.
The company is leveraging its ground transportation network and airlift partners as it awaits inspections of its MD-11s, CFO John Dietrich said.
California is revoking 17,000 non-domiciled commercial driver’s licenses, while a US court has ordered a temporary stay on the US Department of Transportation’s new non-domiciled CDL rule.
The report lists 60 essential minerals, including rare earths, that would impose the highest cost to the U.S. economy if supplies were disrupted.
Whether for or against the UP-NS deal, a merged railroad would reshape the Chicago drayage market.
The carrier’s CEO also confirmed Gemini is mulling a price premium, which he forecast would be a “small three-digit number per TEU” to reflect the inventory cost savings customers achieve through the alliance’s consistent on-time delivery.
Partnering with Better Trucks, Uber is building a “middle-mile” network for last-mile deliveries as shippers seek lower-cost transportation solutions.
Responding to market weakness that resulted in an 83% year-on-year decline in third-quarter profits, the carrier said it is “optimizing operations by adjusting port calls and vessel deployment across trade lanes.”
The expanded arrangement enables both companies to leverage each other’s service areas and includes Uber Freight taking a minority stake in the delivery provider.
With money being saved through tax incentives under the One Big Beautiful Bill Act, the funds will provide manufacturers with opportunities to invest in their business, such as AI, said Jennifer Clement, CLA’s client relationship leader.