The declines in the carrier’s first-quarter net profit and revenue came despite an almost 12% jump in its container volumes to 5.6 million TEUs.

The union representing Canada’s West Coast longshore foremen say they are holding off a strike vote while a mediation process takes place with maritime employers.

Local industry observers and carrier executives expect Asian import flows into India to remain buoyant, aided by growing demand for raw materials and semi-finished products needed to support domestic industrial production lines.

While the current US freight recession for trucking volumes is rather middling compared with recessions over the last five decades, the severity of the rate decline has been the sharpest and recovery isn’t likely until 2025, writes economist Jason Miller.

The nearly 1.7 million square feet of cross-dock capacity that has come online over the past two years is a mark of volume growth and the deepening of supply chains through Norfolk’s terminals, writes Journal of Commerce Executive Editor Mark Szakonyi.

US shippers are playing a direct role in keeping the for-hire truck market soft as they tactically shift freight to in-house fleets, according to Cass Freight Index.