U.S. ports continued to see year-over-year container volume increases in April, with the Port of Los Angeles reporting its ninth consecutive month of year-over-year growth.
May 29, 2024Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Ports Report More Volume Gains for April
Some Shipping Container Costs Hit $10,000
Companies transporting goods from Asia face costs of as much $10,000 for an urgent full-size shipping container over the next month — about double current spot rates.
Penske Forms EV Infrastructure Advisory JV With Mitsui Unit
LAS VEGAS — Penske Transportation Solutions and ForeFront Power are teaming up for an electric vehicle infrastructure advisory joint venture to be known as Penske Energy, the partners said May 21.
Canada Grants $10M to Top Mineral Port to Boost Supply Chain
Canada is investing C$10 million from its National Trade Corridors Fund to alleviate supply chain congestion and modernize an aluminum terminal at the Port of Sept-Îles.
Trade Strains Boost Ocean Shipping Cargo Rates
Global goods trade is showing signs of accelerating after last year’s slump, pushing up shipping rates and giving some supply chain managers flashbacks to the demand spike three years ago.
ATA Reports More Tonnage Declines for April
Truck tonnage continued to experience year-over-year declines in April, American Trucking Associations reported May 21.
Embracing the Possibilities: Trucking’s AI Transformation
The rise of artificial intelligence promises to change the way people work and how companies manage their businesses in all sorts of industries, and freight transportation is no exception.
Norfolk Southern to Pay $15 Million Fine Over Derailment
The federal government agreed to a $15 million fine for Norfolk Southern over the derailment in East Palestine, Ohio, and the railroad promised to pay $300 million to improve safety.
Georgia’s Auto Port Has Its Busiest Month Ever
SAVANNAH, Ga. — The Georgia Ports Authority reported May 21 that April was its busiest month ever for automobile shipments at the Port of Brunswick.
Candor Expedite Launches Cold Chain Division
Expedited freight specialist Candor Expedite unveiled a cold chain division in early May, building the launch around a specially designed pallet that can maintain cargo temperatures for days, the company said.