News & Highlights

• US retailers’ global sourcing strategy will take time to develop: analysts

  February 3rd 2023

  As the size of China’s workforce declines and production challenges increase, US retailers are shifting to global sourcing strategies, with each sec (read more)

• US transport providers lose fewer jobs than expected in January

  February 3rd 2023

  Courier, trucking, and warehousing firms lost workers last month, but the seasonal surge and purge was more muted than expected, reflecting broader la (read more)

• End of 2M Alliance will set dominoes in motion across ocean shipping: analyst

  February 3rd 2023

  The announced dissolution of the 2M Alliance raises the question of what additional large-scale dominoes might be toppling over in the next few years (read more)

• US ‘freight recession’ putting motor carrier financing tools to the test

  February 3rd 2023

  Smaller US truckload carriers and the companies that provide them with access to working capital are under increasing pressure as cargo demand slows. (read more)

• New IMO rules force global reefer fleet to confront uncertain future

  February 3rd 2023

  The specialized reefer fleet has proven to be remarkably resilient in the face of various challenges, but now it must deal with the latest threat in t (read more)