Intermodal freight experienced a difficult year in 2022
😓 Intermodal freight experienced a difficult year in 2022.
In order to increase total intermodal volume, Intermodal freight should focus on ensuring a sufficient number of containers and chassis are readily available at intermodal terminals to meet customer demand. Utilize technology such as real-time tracking to optimize equipment utilization and minimize downtime. Intermodal freight should actively communicate the benefits of intermodal transportation, such as reduced costs, improved environmental sustainability, and increased supply chain efficiency, to increase demand for its services.
2023 is likely to become the hottest year on record, with a more than 99% chance of surpassing the previous record holder, 2016, according to climate scientists.
In 2023, the U.S. economy saw a combination of positive and negative trends.
2023 is almost certain to become the hottest year on record due to an extraordinary run of global temperature records, according to the EU's Copernicus Climate Change Service (C3S).
According to the American Transportation Research Institute (ATRI), running a trucking business has become more expensive due to rising fuel, wage, and equipment costs.
Federal Reserve officials expect to raise interest rates further this year to combat excessive inflation in the United States, according to Chair Jerome Powell.
The White House is set to launch a travel blitz next week, with officials visiting more than 20 states over a three-week period.
Former President Donald Trump made a dramatic appearance as a criminal defendant in a federal court in Florida, pleading not guilty to 37 charges related to mishandling sensitive information and obstructing authorities.
Experts are divided on the state of the US trucking market, with some suggesting it's the right time to secure contracts while others anticipate more favorable deals in the future.
According to the Global Port Tracker report by the National Retail Federation and Hackett Associates, import cargo volume at major US container ports is expected to be 22% lower in the first half of 2023 compared to the same period last year, despite increased consumer spending.
In May, the Logistics Managers Index (LMI) recorded a contraction, reflecting a slowdown in the logistics industry.
DHL and Formula 1 are partnering to enhance sustainable logistics by introducing a fleet of 18 biofuel-powered trucks for European Formula 1 races by 2023.
US job growth defied expectations in May, with employers adding 339,000 jobs, surpassing the forecasted 190,000 jobs.
As the summer travel season commences, travelers and airlines are looking for ways to navigate increased costs and high demand.
According to transportation analyst firm FTR, market conditions for trucking companies are expected to remain unfavorable into 2024.
While the United States experienced a remarkable over 50% increase, China leads the global market with nearly 60% growth in EV sales, retaining its position as the largest EV market worldwide.
The 2023-2024 report on cross-border commerce reveals that cross-border e-commerce is becoming increasingly diverse and globalized.
Despite subsidies evaporating in China and fewer incentives available for EV owners in Europe, there has been a slight jump in sales early in the year.
Amazon has been a top customer of UPS, but 2023 will bring change on the horizon.
A large swatch of the country’s economists are anticipating a recession in the United States, but the date that comes to fruition is to be a little later than initially expected.
Maintaining the required temperature throughout the entire supply chain can be a significant challenge.
CEO Vincent Clerc has cited “muted” economic growth as a reason for the decline, especially after exceptionally high freight rates have been normalized over the past two years.
The worst poll results since 2009, most Americans are feeling “worse off” now than they were last year - an even greater number, 61%, of those who make less than $40,000 are financially stressed.
This is a huge jump from 2022’s valued market of 1.1 trillion. The estimations are being drawn from India-based analytics and advisory company, Astute Analytica.
With full-year revenue skyrocketing to $81.5 billion - a 32% increase from 2021’s $61.8 billion mark - the company is celebrating… cautiously
In order to increase total intermodal volume, Intermodal freight should focus on ensuring a sufficient number of containers and chassis are readily available at intermodal terminals to meet customer demand.
CEO Scott Kirby is speculating that many airlines won’t be able to manage the number of flights on their rosters this year.
Automation can be used to improve various aspects of warehouse operations, including order picking, packing, and shipping.
The past twelve months have consisted of all-time highs and wild variating fluctuations as sanctions on Russian oil sent prices of crude through the roof early in the year.
Peak season is typically a time of stress and profit for the trucking industry.
As we gear up for 2024 - a big election year - it's hard not to think of James Carville's famous line from 1992, "It's the economy, stupid."