A historic drayage capacity shift from larger carriers to small companies and owner-operators is complicating efforts by importers to secure capacity and move containers inland.
Schneider to leave BNSF for Union Pacific in 2023
Schneider National will leave BNSF Railway in 2023 to partner with Union Pacific Railroad, the third major container-owning intermodal provider to leave BNSF since mid-2021.
US delivery employment soars as trucking slips
Seasonality was behind the large increases in courier and delivery employment and a drop in trucking employment last month; beneath the surface, there’s tooth-and-nail competition for labor.
US retailers revise Q1 import forecast lower
Retailers are pulling back somewhat on their growth projection for imports because global supply chain problems will continue to restrict cargo volumes moving through US ports.
Omicron adding to trucking capacity woes
The fast-spreading variant of COVID-19 likely won’t affect trucking as much as warehousing and aviation, but its indirect impact will put more pressure on already high trucking costs.
Omicron already crimping US freight-shipping labor
The Omicron variant of COVID-19 represents yet a further setback for railroads, warehouse operators, and trucking companies to keep workers moving freight.
Warehouse, transportation capacity tight with retailers potentially ‘over-ordering’
Tightness throughout the transportation, logistics and warehousing sectors carried through the end of the year, according to a report published Tuesday. The Logistics Managers’ Index (LMI), a survey measuring supply chain activity, registered a reading of 70.1 during December.
LA-LB terminals brace for COVID-related labor shortage
Employers and the ILWU fear that the spike in COVID-19 cases that surfaced about two weeks ago in Los Angeles and Long Beach is set to explode over the next two weeks, meaning historic vessel congestion could worsen.
Outlook 2022: Air cargo recovery hinges on easing of Asian border restrictions
The COVID-19 pandemic continues to hang over the air cargo business, and until regular international travel resumes, shippers will find space in tight supply and rates at elevated levels.
Outlook 2022: Shippers sign elevated trans-Atlantic contracts to lock in capacity
The trans-Atlantic trade will report significant volume growth in 2021 as heavy US demand fills all available capacity and pushes rates to record levels.