Yellow Rivals Scoop Up Truck Terminals in Bankruptcy Auction

[ad_1] Yellow is set to raise more than $2 billion after a bankruptcy auction that will disperse much of its national network of truck terminals among rivals, casting deeper doubt…

The Panama Canal Has Become a Traffic Jam of the Seas

[ad_1] More than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings. [ad_2] Source link

U.S. Importers Are Absorbing Higher Shipping Costs This Summer

[ad_1] Costs to ship goods from Asia to the U.S. are turning sharply upward, but American importers appear to be absorbing the higher prices after watching freight rates plummet this…

Shipping Platform Freightos Slices Cargo Growth Forecast

[ad_1] Logistics Report The online freight booking business expects 2023 revenue growth of 15% to 21%, down from a prior forecast of 87% [ad_2] Source link