Transportation

As the third-largest US less-than-truckload (LTL) carrier with approximately 8.6% domestic market share, Yellow’s collapse will reduce market overcapacity, portending…

The Panama Canal has experienced increased congestion due to transit restrictions brought on by low water levels due to drought,…

The International Longshore and Warehouse Union Canada has ratified a new four-year contract in Canada’s West Coast ports, ending a…

The European Union (EU) has reached agreement on the FuelEU Maritime initiative, which will bring shipping into the EU’s emissions…

The EU Chips Act was approved by the Council of the European Union on July 25, aiming to invest €43…

Starting from 30 July 2023, the Panama Canal will adjust its daily transit capacity to around 32 ocean-going vessels per…

A new five-year tentative agreement between UPS and the International Brotherhood of Teamsters has been reached. This deal is seen…

Shipping lines are making progress in managing vessel capacity in the Asia-U.S. trades, leading to a continuous three-week rise in…

The recent data from S&P Global Market Intelligence shows that containerized freight imports to the United States remained steady in…

Yellow Corp and the Teamsters union have successfully avoided a strike by reaching an agreement that extends pension benefits and…