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.
United Cargo, Air Canada Cargo and Cathay Cargo are among the airlines implementing fees to buffer the impact of higher jet fuel costs.
Average daily volume that UPS hands off to the Postal Service for final-mile delivery is slated to jump to roughly 1.5 million in Q2, CEO Carol Tomé said.
Jerome Powell said after the end of his term as Federal Reserve Chair in May he will remain on the board as a governor to help ensure the Fed is free of political interference.
The company is one of several LTL carriers reporting growing volumes, although its daily shipments are still down year over year.
DSV CEO Jens Lund, speaking during the company’s first-quarter earnings call Wednesday, said the integration of Schenker has been completed in more than 50 countries, with full integration still on tap by the end of this year.
The terminal, jointly owned by Ports America and MSC’s Terminal Investment Limited, unveiled new container handling equipment as part of a growth drive to increase capacity by 40%.
Highlighting the carrier’s Asia focus and volume growth potential, PIL said it will take delivery of at least two 13,064-TEU container ships this year that could be deployed on long-haul Asia-South America and Asia-Middle East services.
