Freight Teklif Al

The restructuring injects new capital into the Ohio-based company just as the prolonged freight recession is ending and pricing power has swung back toward carriers.

The deals will strengthen the automakers’ sources of supply for memory and storage for use in next-generation vehicles.

But as the US-Iran ceasefire collapses, ocean carriers are on alert for any hostile response from the Tehran-backed Houthi militants in Yemen.

As it becomes a standalone company, the largest US LTL provider seeks to leapfrog legacy technologies that are focused more on packages and parcels.

A roundtable discussion of industry experts hosted by the Journal of Commerce saw agreement that demand fundamentals remain strong, but beneath the positive outlook lies growing concerns.

The lawn and garden care brand’s broader use of Kinaxis technology aims to unify planning, decision-making and execution into a single platform.

Fewer surcharges are among the tactics the service is using to gain market share after opening to all businesses earlier this year, experts said.

Sources in India told the Journal of Commerce ONE has agreed to charter about 500 TEUs of slot space per week on Hapag-operated ships working the trade lane.

The automaker won’t yet say what portion of U.S.-bound Tacoma production will shift from Mexico after expanding the San Antonio factory.

The $6 million influx into UK-based artificial intelligence technology provider Nexcade comes as the cost of building AI tools is likely to rise in the coming years.