Kapıdan Kapıya Kargo

XPO and other LTL carriers say contract rates are rising by mid-single digits even though industrial demand remains soft, albeit with some bullish indicators apparent.

An FMC judge ruled the carrier committed several violations of US shipping law, including unreasonable practices, failure to meet service commitments, and refusal to deal with the now-bankrupt retailer between 2020-2022.

The revised submission includes additional data from several Class I railroads that weren’t in the original application filed in December 2025.

The agency said this week it anticipates returning funds to importers as early as May 11.

The STB now has 30 days to decide whether the application is complete; a formal review by the regulator would likely stretch for more than a year and include public hearings.

The carrier and ports group said revenue on all major trades, except its domestic network, fell in the first quarter, resulting in a 13% drop in revenue from container shipping.

The Cosco subsidiary said the 13,600-TEU ships have been ordered from Shanghai-based shipyard Hudong-Zhonghua Shipbuilding for delivery between 2028 and 2030.

While acknowledging a “volatile geopolitical landscape,” the carrier nonetheless says its forecast for the year assumes “operational conditions will stabilize to pre-conflict levels by summer.”

Fuel prices are weighing on both trucking and intermodal freight, but the latter mode still presents cost saving opportunities for shippers.

Mid-size importers are generally satisfied with the base rates contained in their 2026-27 service contracts, but many are at the mercy of ocean carriers as to how emergency fuel surcharges are being handled.