China’s shipbuilding output increased by 12% year-on-year to 38 million dwt during the period running from January 2023 to November, making up50.1% of the planet’s total output.

The finalists and the award winner will be recognized at the 2024 Salute to Women Behind the Wheel in Louisville, Kentucky on March 22, 2024.

The company laid off 75% of its U.S. staff on December 4, bringing TuSimple’s total global workforce to just 700 full-time employees.

Businesses now have the freedom to match carriers to their more specific needs seamlessly and simultaneously, loosening the grip of core carriers on logistics operations. 

The system will enable operators, companies, airlines and other agencies to access all types of cargo-related information on a single platform.

Simpson beat out Tori Blake (chief financial officer and co-owner of Western Logistics Express and WLX) and Megan Ferguson (vice president of End-to-End Delivery Acceleration for Walmart) for the award.

Those interviewed said they expect a rebound during the second half of 2024 with half of the participants saying they believe freight volumes will increase by 5% during that period.

The unemployment rate within the U.S. transportation sector has increased by 2.1% when compared to pre-pandemic levels seen during October 2019.

When consumers are informed about the carbon cost of shipping and the environmental impact of their choices, they are empowered to make decisions that align with their values.

Cosco still handled 60.06 million TEUs during the quarter, which was in line with the company’s performance during the same period in 2022.