Molo Logistics News Today

Trucking companies have responded to the Russian invasion of Ukraine by pledging hundreds of thousands of dollars towards desperately needed humanitarian aid.

CCJ Top 250 carrier GP Transco spearheading campaign for Ukrainian humanitarian relief. Read CCJ for more.

CCJ Top 250 carrier GP Transco spearheading campaign for Ukrainian humanitarian relief. Read CCJ for more.

Share: On Monday, Amit Mehrotra, an analyst at Deutsche Bank, stated that due to customer demand, low inventory levels, housing demand and federal stimulus, the current market constraints on trucking and international container capacity are likely to continue into 2023. Shippers are moving to a "stronger for longer" pricing cycle, he said, pointing to many retailers increasing their transportation cost projections and retailers already beginning to increase prices by 10% to 20%. This hot market...