Ekspres Kargo

Excess capacity and lower rates are drawing some LTL freight into the truckload sector, helping to depress overall LTL volumes, FedEx quarterly results indicate.

The fees, active during the peak holiday shipping season, will build upon the pricing pressures shippers are set to face during the critical Q4 stretch.

A frenzy of acquisition activity in the truckload market continued this week with software provider Highway buying Newtrul, a marketplace founded to compete with DAT and Truckstop.com.

Carriers that can take the most advantage of opportunities in a tight charter market are those whose fleets of small to mid-sized ships are already big or rapidly growing, and thus have the buffer to pounce on opportunities, writes Jeremy Masters.

Forwarders said capacity utilization for USEC sailings out of West India has fallen to between 60% to 70% from the 80% to 90% level normally seen for the premier networks.

The plant is expected to can 3 billion energy drinks annually and distribute throughout the U.S.

Using freight consolidation, the 3PL aims to help shippers save up to 40% in costs.

Federal agencies are reviewing whether to expand the list of goods covered by levies enacted under Section 232 and 301.

Companies are using tariff-specific language to hedge against uncertainty in areas such as pricing and delivery timelines, contract management firm Agiloft said.

The terminal would cement the port’s status as the biggest gateway in South America, boosting its annual container capacity by almost 60% and allowing it to handle 20,000-TEUs ships, many of those from Asia.