Project freight allows Radiant to overcome ‘pretty tough’ market
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.
Radiant Logistics’ fiscal second-quarter earnings beat was largely tied to one-time project freight.
SONAR market experts say Trump’s tariffs on Canada, China and Mexico might have spurred shippers to “pull forward” orders and rethink their supply chains.
Cass Information Systems rounds out its freight payments platform with the acquisition of AcuAudit.
This week in Borderlands: Surging cross-border flows a boon for operators like DHL; Cargo rail theft up 99% across Mexico in May; Australian clothing retailer selects Cart.com as US fulfillment partner; and Venture Solutions opens logistics warehouse in Laredo, Texas.
The end of Panama’s dry season is in sight, and the Panama Canal Authority plans to welcome more vessels in the coming weeks.
Ship recycling has fallen to its lowest level in 20 years, per a recent report by the Baltic and International Maritime Council.
If China and Russia find the Houthi problem in the Red Sea as intractable as the U.S. and its allies have, it would all but halt what little maritime traffic remains in the region.
This week in Borderlands: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico.
Dockworkers are fully prepared to swap pallet jacks for picket signs come October.
A recent string of Houthi attacks have reignited concerns about the Red Sea crisis, raising the floor for tanker rates.
A rise in Chinese imports indicates seasonal trends are playing out as usual, very much unlike 2023’s anemic performance.
A recent round of U.S. and British strikes raise fresh questions about the impact of container shipping in the Red Sea.
Houthi attacks and Red Sea diversions will not spur inflation or a new supply chain crisis, claims consultancy Drewry.
Spot rates remain very high, but appear to have plateaued. The question ahead: Will they fall back after Chinese New Year?
Container lines faced overcapacity and huge losses in 2024. Then the Houthis flipped the market in favor of container lines.
Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines.
The upsurge in rates due to ship diversions did not come soon enough to rescue container lines’ fourth-quarter results.
U.S. imports kept chugging along, despite all the talk of supply chain problems due to Red Sea attacks and Panama’s drought.
The combination of Red Sea detours and Panama Canal restrictions is having a knock-on effect: higher Asia-West Coast rates.
White House spokesman John Kirby said shipping risks caused by the Middle East conflict could become a “pocketbook” issue for Americans.