News & Highlights

• Yellow attorneys quash ‘going concern’ bid for LTL network, equipment

  December 8th 2023

  An attempt to buy and revive some version of Yellow was called “not viable” after a terminal auction raised $1.9 billion from 22 bidders. (read more)

• Port of Los Angeles plans to build near-dock chassis facility, container storage yard

  December 8th 2023

  Although the project site is currently unused, it was pressed into service as a storage yard for empty containers during the pandemic, with as many as (read more)

• Canadian shippers urge Ottawa to act as Montreal port talks hit impasse

  December 8th 2023

  The union chief representing Montreal dockworkers said the big issue of wages has yet to be hashed out less than a month before the deadline for a pos (read more)

• FMC officer dismisses complaint against Hapag-Lloyd over street turn charge

  December 8th 2023

  Motor carrier TCW was unable to prove that street turn fees violate US shipping law in one of the first test cases to see how the Federal Maritime Com (read more)

• Glovis, partners order 12 new vehicle carriers, with options for more

  December 8th 2023

  Hyundai Glovis has teamed up with HMM and Seaspan to spend almost $1.5 billion on new dual-fuel pure car and truck carriers as demand continues to sur (read more)