Lag effect: Why liner profits stay high much longer than spot rates
The reversion in spot rates is pulling down contract rates, with a significantly delayed effect on ocean carrier earnings.
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The reversion in spot rates is pulling down contract rates, with a significantly delayed effect on ocean carrier earnings.
This week in Borderlands: Xcell Logistics sees big opportunities with cross-border trade; BMW to invest around $800M in Mexico in EV push; sensor-maker announces new factory in Mexico, creating 700 jobs; and Careismatic Brands moves into major distribution hub in Dallas.
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LTL carrier sees likely flat operating ratio in Q1 compared to Q4 of ’22.
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