AAR reports annual volume gains for carload and intermodal in June
U.S. rail carloads headed up 2.0%, or 21,098 carloads, to 1,080,769, and U.S. intermodal containers and trailers in June were up 6.3%, or 68,689 units, at 1,159,973.
U.S. rail carloads headed up 2.0%, or 21,098 carloads, to 1,080,769, and U.S. intermodal containers and trailers in June were up 6.3%, or 68,689 units, at 1,159,973.
With a 0.7-cent increase, the national diesel average now stands at $3.243. This follows a 2.0-cent increase from last week.
A Reuters report published this week indicated there may be further consolidation on the high seas, with Marseilles, France-based CMA CGM, the third largest global ocean cargo carrier, having made an “exploratory approach” regarding potentially merging with Hamburg, Germany-based Hapag-Lloyd. The Reuters report, which cited three finance sources, said that this pairing would be in…
In an exclusive interview, Jonathan Gold, vice president, supply chain and customs policy for the National Retail Federation shares his views and forecasts
The European Shippers’ Council recently stated that the service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight forwarders “as more problematic.”