Lojistik Şirketi

The forwarder reported strong growth in volume, capturing significant market share in the ocean and high-yielding air freight sectors.

The food giant will move production to South Carolina, saying it is “the most sustainable path forward” as consumer needs and volumes shift.

Less-than-truckload service maps are being redrawn in the US Midwest as carriers make acquisitions and add terminals in markets such as Cincinnati.

CEO Adam Miller said rising barriers to entry could create opportunities for large carriers capable of recruiting and training drivers, while smaller competitors struggle with higher operating costs and regulatory requirements.

The acquisition bolsters Stord’s presence in key East Coast and West Coast hubs while building upon other recent deals.

The order has propelled the global backlog of new vessels to the equivalent of 46.5% of the existing container ship fleet, the highest level since 2009, according to Linerlytica.

Shippers say more stringent rules from the CBP and dwindling leverage with ocean carriers is making them feel under siege when it comes to moving freight in the eastbound trans-Pacific.

The third-quarter results reflected continued momentum from synergies gained by the ongoing integration of Schenker’s business, although a “sanitizing” portfolio-cleanup process has weighed on activity.

The carrier said in a statement the proposed investment in the Haiphong rail depot, together with existing port ventures with Hateco, could add up to $3.5 billion.

Financial terms were not disclosed, but media reports have valued the deal at $13.3 billion.