French container line giant CMA CGM SA is seeing an across-the-board drop in shipping rates and a loosening of logistics bottlenecks in some regions as demand softens.
August 26, 2022Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Shipping Giant CMA CGM Sees Softening of Global Freight Rates
Private Fleets, Shippers Harness Digitization to Improve Operations
CHICAGO — The growing adoption of information technology in the transportation industry is creating new opportunities for shippers and private fleets to enhance logistics planning and improve the driver experience.
U.S. Xpress Cuts Nondriving Staff, Slows Spending
CHATTANOOGA, Tenn. — U.S. Xpress Enterprises is hitting the brakes on its spending, cutting its nondriving staff by another 5% this month and looking for ways to dispose of extra real estate and trim other expenses to offset rising costs amid signs of a shipping slowdown in some industries.
Pennsylvania Explores Tolling Alternatives to Fund Bridge Fixes
With the proposal to toll nine major interstate bridges to pay for their replacement or rehabilitation now dead, a panel of Pennsylvania state senators set out to explore what happens next to address these costly but necessary transportation projects.
Truckload Sector’s Q2 Slowdown Not Nearly as Bad as Feared
The truckload sector reported a strong second quarter, but there were signs that nearly two years of robust freight activity may be starting to slow.
Many Ports Report Record Volume Numbers in July
Record-setting container volumes continued flowing through some of the nation’s major ports in July, while industry challenges compelled declines at other facilities.
August 25, 2022TRB to Study Ways to Communicate Value of Freight
Limited ways to improve public dialogue about the importance of freight amid rising volumes is spurring a new study on ways to communicate with stakeholder communities.
Walmart Drone Delivery Service DroneUp Expands
DroneUp, the sole drone partner of Walmart, announced plans to expand its headquarters and establish a research and training facility outside Petersburg, Va., creating 655 new jobs.
Daimler, Waymo Partner on Autonomous Test in Texas
Waymo will soon begin on-highway testing of self-driving Freightliner Cascadia models equipped with redundant systems and components designed to eventually support unmanned operation.
U.S. Xpress Partners With School to Launch Supply Chain Program
High school students in Hamilton County, Tenn., can explore careers in supply chain management and logistics through a new Future Ready Institute that’s launching this fall.