Plus, FedEx and UPS harness AI in logistics, South America's trade scene challenges Panama Canal's constraints, and Estes navigates a disruptive cyberattack.
While trade activity escalates in South America, influenced by diversified sourcing strategies, the Panama Canal continues to face drought-induced challenges.
Estes grapples with a cyberattack. This comes just weeks after Yellow accepted Estes' $1.3B bid for its terminals.
Seedless watermelons are surging ahead in the produce freight industry, with Florida and Georgia seeing the highest volumes. This trend is followed by significant volumes of potatoes, dry onions, apples, and strawberries, reflecting diverse consumer preferences.
Source: USDA
Key trends in freight and shipping market of June 2023, with insights into spot market, carrier capacity, LTL sector and cross-border shipping.
Publicly trader transportation companies: Ryder, Landstar, and Old Dominion report Q2 2023 earnings.
The South is transforming into the US's new industrial heartland, with investments pouring into sectors such as EV battery production.
Explore a 20-year analysis of U.S. trade shifts with China and the rise of South and Southeast Asian countries as significant trading partners.
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