C.H. Robinson said it will waive fees on fuel cards and fuel-related cash advances for contract carriers in April and May as diesel prices rise with the latest Middle East conflict.
Fuel is the largest operating cost for trucking companies, typically about 20 percent to 28 percent of total expenses, said Michael Castagnetto, president of North American Surface Transportation. He said the pressure is acute for owner-operators, who make up nearly ...
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Confidence among U.S. small businesses declined for a second straight quarter as concerns about inflation and the broader economy intensified, according to the latest index from the U.S. Chamber of Commerce.
The Chamber’s Small Business Index fell to 67.0 in the first quarter from 68.4 in the prior period, extending a ...
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The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in tanker orders, including a record ...
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APM Terminals’ US$73 million rail expansion at Port of Los Angeles is accelerating cargo flows from ships to inland markets, as upgraded infrastructure at Pier 400 boosts capacity and cuts transit times.
The project, implemented at APM Terminals Los Angeles, added 31,000 linear feet of track and doubled on-dock rail storage. ...
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GEODIS said it is consolidating legacy brands in France and expanding specialized healthcare logistics capabilities in Switzerland, as it seeks to strengthen its European network.
The company said Sealogis, Sealogis Freight Forwarding and XP LOG will be rebranded under the GEODIS name by the end of the second quarter. The units, ...
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Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs.
The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, C2 and A3. The terminal ...
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Global logistics provider GEODIS has completed its acquisition of Transports Malherbe after receiving regulatory approval, strengthening its position in France’s road freight market.
The deal expands GEODIS’s capabilities in full truckload and less-than-truckload transport, particularly in the agri-food and retail sectors where Malherbe has an established presence. The combined operations bring ...
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A.P. Moller-Maersk and Hapag-Lloyd, in their most recent financial results, reflected continued normalization in container shipping earnings as freight rates soften from pandemic-era highs.
Maersk, which reports on a standard quarterly basis, reported revenue of about US$50 billion for the year, with underlying EBITDA of roughly US$9.6 billion and EBIT of ...
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A.P. Moller-Maersk said its East-West Network, launched under the Gemini Cooperation with Hapag-Lloyd, has achieved schedule reliability above 90 percent in North America, underscoring efforts by ocean carriers to improve consistency after years of supply chain disruption.
The network, introduced in February 2025, marked a major overhaul of east-west trade lanes. ...
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Shippers should not overreact to recent increases in ocean freight rates linked to the Iran conflict, as current volatility remains below levels seen during the Covid-19 pandemic, according to Drewry Shipping Consultants.
Data from Drewry’s Container Freight Rate Insight shows that spot rates on major east-west and north-south trades have risen ...
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