LONG BEACH, Calif. — The intermodal freight industry is debating how much it should invest in infrastructure and other expenditures to build resiliency in the face of disruptive shocks such as the COVID-19 pandemic.
September 14, 2021Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Intermodal Freight Industry Ponders Investment in Resilience
Intermodal Needs Greater Cooperation to Remove Bottlenecks
LONG BEACH, Calif. — Surging U.S. import demand combined with years of underinvestment have thrown intermodal shipping so far out of balance that it will take years to return to an equilibrium the industry considered normal, an expert panel told attendees at the Intermodal Association of North America’s Intermodal Expo.
September 14, 2021Spot Rates Have Peaked, Some Shipping Lines Say
One of the world’s biggest shipping lines has decided to stop increasing spot freight rates on routes out of Asia to Europe and the U.S. as it sees an end to the rally that has put prices at record highs.
September 14, 2021Kroger, Instacart Target 30-Minute Grocery Delivery
Kroger Co. and Instacart unveiled a new home-delivery service in which the companies will drop off food and household staples in as little as 30 minutes.
September 14, 2021Storms From Texas to China Set to Worsen Global Ship Snarls
Global supply chains already tangled by the pandemic, labor shortages and sustained consumer demand in the U.S. are getting walloped by another disruptive force: Mother Nature.
September 14, 2021IANA 2021: Massive Imbalances Plague Intermodal Industry
LONG BEACH, Calif. — Global trade patterns distorted by the COVID-19 pandemic have thrown the intermodal shipping industry out of whack, creating massive imbalances in shipping containers, intermodal chassis and drayage drivers.
September 14, 2021TCI Opens Proxy Fight With CN to Oust CEO Ruest
One of Canadian National Railway Co.’s largest shareholders formally started a proxy fight to replace the company’s leader and some board members, arguing that their failed attempt to buy Kansas City Southern for $30 billion demonstrated “flawed decision making.â€
September 13, 2021The World’s Shippers Are Earning the Most Money Since 2008
The global shipping industry is getting its biggest payday since 2008 as the combination of booming demand for goods and a global supply chain that’s collapsing under the weight of COVID-19 drives freight prices ever higher.
September 13, 2021Aluminum Industry Frets That Supply Snarls Have Just Begun
Supply chain snags that have roiled commodity markets and helped push aluminum prices to a 13-year high this week are unlikely to ease any time soon.
September 13, 2021Kansas City Southern Picks Canadian Pacific Bid
Just hours before the expiration of a Sept. 12 deadline, Kansas City Southern accepted a $31 billion merger proposal from Canadian Pacific Railway.
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