[FBX Weekly] China-US ocean rates climb (but slower)
1 Peak season demand pushed China-US ocean rates up again this week, but at a slower pace, as China-US West Coast climbed just 2%. 2…
OOCL announces new China Straits Service 1 (CSS1) and China Straits Service 2 (CSS2)
OOCL will be strengthening its China to South-East Asia service network by introducing two new products, namely the China Straits Service 1 (CSS1) and China…
G2 Capital Advisors served as the exclusive sell-side advisor to Roadrunner Transportation In its divestiture of its temperature-controlled truckload division to Laurel Oak Capital Partners
Roadrunner Transportation Systems, Inc. (Pink: RRTS) ("Roadrunner") has transitioned from being a multi-modal transportation and logistics service provider to being a transportation service provider focused…
Weekly rail traffic for the week ending August 22, 2020
The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending August 22, 2020.
DAT: Storms stir up spot market activity as shippers reposition freight
Spot truckload freight activity jumped last week as shippers and logistics companies began to reposition freight ahead of two major storms along the Gulf Coast,…
Econolite Centracs® Mobility supports crowdsourced traffic data analytics
Econolite, the leader in one-stop-shop traffic management solutions, today announced that the recently released cloud-based Centracs® Mobility software platform now supports crowdsourced traffic data as…
Fitch Ratings: Resilient air cargo volumes benefit some airports amid pandemic
Air cargo volumes have been more resilient to coronavirus pandemic-related effects than passenger traffic activity, but the overall effect on stabilizing airport revenues is mostly…
White House weighs help for airline workers if no stimulus deal
White House chief of staff Mark Meadows said the Trump administration is examining executive actions to help airlines avoid employee furloughs if Congress doesn’t provide…
Mahindra and REE Automotive sign an MOU to establish a strategic collaboration for the development of electric commercial vehicles
Mahindra & Mahindra, part of USD 19.4 billion Mahindra Group, and REE Automotive today signed a memorandum of understanding (MOU) to explore development and manufacturing…
Polar Leasing names Konop Refrigeration as exclusive national parts and service dealer
Polar Leasing announces Konop Refrigeration will serve as its exclusive partner to supply parts and service for its expanded line of rental walk-in refrigerator and…
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