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Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the freight market after months of weak demand, executives said.

HAMBURG, Germany — The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

The trucking industry continued to bounce along the bottom of the freight cycle with third-quarter earnings being generally weak, according to analysts.

The U.S. dockworkers union that halted cargo at every major port on the country’s eastern and southern coasts last month has called off talks with their employers over automation.

TFI International bought truckload and less-than-truckload carrier Keystone Western for an undisclosed sum, the company said in a LinkedIn post.

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

The grant is from Canada’s Green Shipping Corridor Program, which funds low- and zero-emission shipping ventures along with port and terminal equipment and infrastructure.

Dockworkers are set to meet with their employers in New Jersey, resuming negotiations on the key issue of automation that sparked a three-day strike at East and Gulf Coast ports last month.

The upcoming holiday season could be disrupted by a looming strike at Canada’s largest domestic shipping company.