The freight market recovery is still stuck in neutral, so what are brokers doing instead? 76% are betting on tech, automation, and efficiency to stay ahead in 2025.
Reefer rates rise as Valentine’s Day flower demand arrives. See how Miami’s freight market reacts to seasonal shipping spikes.
Plus, p44 CEO responds to MyCarrier's open letter, Goldman Sachs expands warehouse portfolio, ArcBest earnings report is out, and more.
Despite official reports of growth, China's on-ground economic situation is grim with deflation, reduced exports, high youth unemployment, and declining property market.
Electric truck adoption faces challenges due to the lack of charging infrastructure and potential strain on the grid, highlighting the need for faster infrastructure development.
By 2018, Modelo had become the top-selling imported beer in the US, eventually becoming the top-selling beer overall in 2023.
A potential UPS strike threatens significant disruptions in US deliveries and e-commerce. Impacts include slower delivery times, supply chain issues, and raised shipping costs.
The global supply chain is recovering with significant improvements in ocean freight shipping, air cargo, trucking, and warehouse capacity, which is easing inflationary pressures.
To try to reduce costs, Kroger’s sourcing and supply-chain teams are examining the trucking routes for food manufacturers and other areas where expenses could be stripped out, McMullen said.
Negotiations between UPS and Teamsters hit a roadblock with the union rejecting the company's offer. A strike looms if no agreement is reached.
China's Tech Leverage in the Global Supply Chain China has set export restrictions on two minerals, gallium and
UPS is facing a potential large-scale strike from the Teamsters Union if a better offer isn't delivered soon, threatening significant economic and business impacts.
Despite the rise in US manufacturing spending, the expected impact on trucking freight volumes may not be as significant due to industry specifics.
Major companies Apple, TSMC, and Mazda are diversifying their supply chains away from China due to geopolitical tensions and COVID-19 impacts.
The Russia-Ukraine conflict is reshaping global trade, affecting tanker demand and potentially stimulating maritime trade post-war through reconstruction efforts in Ukraine.
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