Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
Ari Levy reflects on Coyote Logistics 18-year run as RXO completes the acquisition.
Plus, Carrier411 bans the removal of FreightGuards.
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
After a sharp increase, spot rates from the Far East to the US are declining, following the earlier pattern seen in Europe.
Maersk indefinitely halts Red Sea operations after a severe attack on Maersk Hangzhou on December 30.
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