Plus: Universal bought Parsec amid layoffs, CA ports reported a record-breaking year, FedEx split off its LTL division, and more.
DAT faces criticism over contract terms. Plus, DAT acquires Trucker Tools, RBX declares bankruptcy, and Cargado hits $1M milestone.
February saw significant cargo volume increases at San Pedro Bay Complex and Port Houston.
February's U.S. container imports dip yet highlight a solid year-over-year growth. Amid global shifts, the freight market faces mixed fortunes.
A strong start to 2024: LA and Long Beach ports see cargo boom in January.
Despite Red Sea tensions and canal hiccups, U.S. ports are pulling off some solid cargo numbers.
"Southern California ports are winning back U.S. containerized imports, benefiting from labor peace and canal disruptions.
Additionally, empty container exports plunged 41% year-over-year, while imports of empty containers rose 25% year-over-year.
US ports face new challenges with a surge in West Coast imports and East Coast disruptions due to Red Sea attacks.
The Port of New York and New Jersey has seen a continuous drop in cargo volumes over the past year.
Panama Canal faces its direst drought, impacting global shipping. As slots drop and delays rise, West Coast ports poised to reclaim dominance.
September sees a 12% YoY dip in cargo at South Carolina Ports with retailers adjusting to the change.
Analyzing the shift of US imports from Asia: West Coast ports show resurgence as East Coast metrics present a mixed bag.
Port of NY & NJ sees 21% YoY drop in cargo volume. Retailers tapping into overstock is a major cause.
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