JOC Group, Inc.

The $390 million deal for Cowan will boost Schneider's dedicated trucking segment to 8,400 tractors, representing 70% of its total fleet.

The use cases for sensor-enabled container fleets could expand if shipping lines see such hardware as a legitimate tool to combat the threat of illicit goods movement.

The move effectively allows both sides to avoid having to agree to a deal brokered by Ottawa, as had been ordered by the country's labor minister.

Carrier compliance with European regulations targeting the reduction of carbon emissions will increase in 2025 and the rising costs that result will be passed on to customers through higher surcharges, liners say.

Average spot rate levels on the Asia to Europe trade lanes have continued to increase through November as an early start to the Lunar New Year pushes up bookings, forwarders say.

NYSHEX is making a renewed effort to solve the fundamental problem of ocean container supply chains, promoting the use of index-linked contracts to build contract integrity and certainty.

The agreement was set in motion by Evergreen just weeks after Singapore experienced unprecedented congestion in May and June, with vessel delays of up to 10 days.

Santosh Sankar, Managing Partner, Dynamo Ventures | Nov 27, 2024, 1:05 PM EST

The news from Gemini came as MSC released the latest update to its standalone east-west network that will also launch in February.

The selection of Oregon Rep. Lori Chavez-DeRemer is seen as favorable to unions, with the new administration potentially facing the need to intervene if ILA contract talks aren't settled before Trump takes office.