Here’s a quick recap of an unexpectedly amazing forum spotlighting Central Asian trucking companies in the U.S. Plus, we met Strong Solo Sergey in real life.
OTR Solutions launches OTR365 Ecosystem and OTRintelligence, combining AI-powered automation with 24/7 instant funding to transform freight factoring for carriers and brokers.
The world's major shipping companies, backed by their pandemic profits, are investing in new vessels at an unprecedented scale. The global order pipeline has reached an almost historic level of $90 billion. Companies such as MSC, Maersk, CMA CGM, and Hapag-Lloyd are contributing to an industry boom. However, the notoriously cyclical shipping sector is signaling a downturn. Freight rates are teetering near below-breakeven levels, while supply chains operate more efficiently, raising concerns about a looming overcapacity crisis.
Andy Vermaut shares:Maersk Orders Six Container Ships That Can Run on Methanol: The Danish shipping giant said the ships will each have a capacity of 9,000 containers and will be able to operate on both fuel oil and methanol produced using… Thank you! https://t.co/QZSXNjD7e3pic.twitter.com/HLHzjxAWEm
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Container rates hit new highs, causing shipper worry. With tender rejections in LA hitting 2-year highs, FreightWaves' Craig Fuller is "bullish" on 2H recovery.
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