In March, cargo theft in Mexico increased by 18%. According to data studied by Transport and Tourism Magazine from Mexico's Secretariat of Security and Citizen Protection (SSPC), trucking companies reported 804 occurrences of cargo theft in March. The 804 incidents reported in March represented an 18% increase over the same...
Knight-Swift has a new EPS floor, and trailer pools aid to reduce cyclicality.
On its first earnings call in four years, Knight-Swift Transportation management laid out a positive long-term thesis for the company. It expects that transportation operators with huge trailer pools will continue to prevail in the future. The short-term outlook for smaller carriers was less optimistic. After the market closed Wednesday,...
COVID’s impact on trans-Pacific container transportation
The trans-Pacific maritime landscape has been substantially altered as a result of COVID-driven cargo demand. New Alphaliner data shows how dramatically the Asia-US commerce corridor has altered in the last two years. There is currently significantly more container shipping capacity in the trade than existed prior to the outbreak. Capacity...