Intermodal freight transport in the eastern United States is experiencing a significant resurgence, largely propelled by local East Coast shipments. This trend involves a growing number of goods trans
by Zim Reports Q1 Loss Amid Rising Fuel Costs, Merger Impacts Guidance
Zim has officially reported a financial loss for its first quarter. CEO Eli Glickman indicated that rising fuel costs, particularly bunker prices, will likely intensify, further depressing the company
by Fuel Costs Intensify Pressures on Havertys and Furniture Sector
Havertys Furniture is currently experiencing substantial financial strain. Escalating fuel costs are driving these pressures, impacting the retailer’s entire supply chain. This situation highlights a
by Maersk Transfers Fuel Costs Amid Future Market Scrutiny
Global shipping giant Maersk is currently passing its substantial monthly fuel bill, amounting to $500 million, directly to its customers. This strategy ensures the carrier fully recovers these signif
by Rising Diesel Costs Prompt Strategic Shifts for US Truck Shippers
US truck shippers are grappling with the sustained prospect of escalating diesel costs and associated fuel surcharges. This economic pressure compels them to fundamentally re-evaluate their freight tr
by Rail Sector Gains Momentum as Shippers Prioritize Cost Savings
CSX is currently reporting a notable increase in its shipping volume. This uptick stems directly from a significant rise in companies converting their freight transportation from trucks to rail. The s
by U.S. LTL Market Stabilizes Amid Rising Costs
The U.S. Less-Than-Truckload (LTL) market sees freight volumes return and signs of stabilization. This trend, alongside climbing pricing and fuel costs, sets the stage for potential price and profit i
by Amazon Implements New Surcharge on Fulfillment Services
Amazon will implement a new 3.5% fuel and logistics surcharge across its fulfillment services. This measure translates to an average increase of $0.17 per unit for U.S. Fulfillment by Amazon (FBA) ser
by Update: Jump in diesel prices alone not enough to boost intermodal fortunes – analyst
Title: Intermodal Success Requires More Than Just Rising Fuel Prices, Analyst Notes
For years, escalating diesel costs have consistently offered a notable advantage to the intermodal transport sector.
by Update: Norfolk Southern says higher fuel costs could spur intermodal volumes
Title: Norfolk Southern Predicts Fuel Costs Will Influence Rail Business
Norfolk Southern CEO Mark George has outlined the company’s projections regarding the impact of escalating fuel costs on its op