Tailwinds for US intermodal volume growth strengthening: analyst
Domestic intermodal boosters have been waiting for three years for the competitive environment to improve, and perhaps that time has arrived, writes intermodal analyst Larry Gross.
Domestic intermodal boosters have been waiting for three years for the competitive environment to improve, and perhaps that time has arrived, writes intermodal analyst Larry Gross.
Customers are looking more deeply at their surcharge spend levels following a record-high quarter for ground delivery costs, per the TD Cowen/AFS Freight Index.
The successful recouping of funds paid for International Emergency Economic Powers Act levies will hinge on documentation quality and cross-functional coordination, one expert said.
The alcoholic beverage industry is going through changes that are roiling demand forecasts, with a growing number of people drinking less than they were during the pandemic and different tastes apparent among young drinkers.
The potential distribution center in Yaphank, which the retailer is seeking a tax break for, would be part of its wider supply chain investment strategy.
Demand returned sharply last month as shippers, facing surging truckload rates, looked to intermodal for lower-cost capacity alternatives.
Shippers are no longer clinging to the hope that rate increases were a temporary winter phenomenon due to snowstorms and frigid weather, the company said, noting that a fundamental reset of the market is afoot.
The agency said it will begin a non-adjudicatory probe into ocean carrier practices around shipping hazardous and radioactive goods out of the US, with a focus on packaging such shipments.
The candy maker is using diversified sourcing, long-term farmer programs and tighter cost controls to offset higher commodity costs.
The “K-shaped” US economy has split the outlook for apparel demand, with premium brands performing well while those targeting more cost-conscious consumers struggle.