🎣 Nikola’s Final Charge
Plus, Standard Forwarding's big rebrand, J.B. Hunt focuses on intermodal mix amid muted market, DOT ends NY congestion tolls, and more.
The Port of New York and New Jersey has seen a continuous drop in cargo volumes over the past year.
In a turn of events, the Port of New York and New Jersey has seen a continuous drop in cargo volumes over the past year. Interestingly, when looking back to pre-pandemic levels, October 2023's figures were actually 11% higher than those of October 2019.
Rick Cotton highlights the project's potential to streamline operations and keep the port ahead of the curve in cargo handling efficiency. This investment is a strategic move to boost the port's capacity and resilience against future challenges.
Hey @NjPier, found this on the Fb group for the NY/NJ port truckers. Any more info on this? Looks like they’re going to go broke pulling freight out of there. pic.twitter.com/n2yxfKeKbi
— James Bowen (@JamesBowenLFLS) December 6, 2023
Source: Supply Chain Dive
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