The spot market is struggling to rebalance as the rate of carriers exiting has slowed despite sluggish demand.
April 11, 2024Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Dedicated Contract Carriers
No rankings are available for this year.
Extras
Spot Market Rebalance Slows Amid Volatile Capacity
Shipping Giant MSC Vows to Fight ‘Excessive’ $63M FMC Fine
The world’s largest container carrier will push back against a proposed U.S. government fine that would rank among the stiffest penalties handed down by the Washington regulator.
Baltimore Port Closure Means 35% Drop in April Coal Exports
Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% this month.
Rental Clothing Firm Opens Kansas City Fulfillment Center
Operations have begun in Missouri at a 600,000-square-foot fulfillment center for women’s rental clothing company Nuuly in a $60 million two-phase project to create 750 jobs in five years.
NTSB Eyes Ship’s Electrical System After Bridge Crash
Federal investigators looking into what caused a ship to crash into a vital Baltimore bridge last month are homing in on the vessel’s electrical system, NTSB Chair Jennifer Homendy said.
April 10, 2024$73 Million Cold Storage Site Set for Port of Gulfport
A subsidiary of Core X Partners is investing $73 million to establish a Mississippi cold storage site at the Port of Gulfport in a venture to revitalize the Gulf Coast cold supply chain.
TQL Opens Little Rock Site at Arkansas Intermodal Hub
Total Quality Logistics executives gathered recently with Arkansas state and local leaders to celebrate the company opening a new office near the Port of Little Rock.
Quantix Acquires TMS Provider CLX Logistics
Brown Gibbons Lang & Co. announced April 8 that it has sold transportation management systems company CLX Logistics to chemical supply chain services firm Quantix.
April 8, 2024Salvage Crews Begin Removing Containers From Dali
BALTIMORE — Salvage crews on April 7 began removing containers from the deck of the ship that collapsed the Francis Scott Key Bridge in Baltimore, an important step toward full reopening.
April 8, 2024Baltimore-Area Truckers Struggle to Find Loads
Like thousands of workers who depend on the Port of Baltimore, now closed to ship traffic, truckers have found themselves sidelined and facing uncertainty.