Mexico LTL Market: Forecast
Mordor Intelligence expects Mexico’s LTL market to register a compound annual growth rate of 5.4% between 2024 and 2030. What is LTL? It refers to
Mordor Intelligence expects Mexico’s LTL market to register a compound annual growth rate of 5.4% between 2024 and 2030. What is LTL? It refers to
The cost of transporting containers from Shanghai, the world’s largest port, to Los Angeles doubled between October 2023 and mid-March 2024. Meanwhile, the cost of
The U.S. railroad company Union Pacific Corporation released its capital plan and safety targets for 2024. For the current year, the company expects its capital
The increase in the average container spot freight rate during the last week of December, by more than $500 in one week, was the largest
Contracting logistics services has increased in demand as companies move their production plants closer to destination markets, according to Radiant Logistics. In the United States,
The consultancy Maritime Analytics forecasts that global seaborne ton-mile demand will increase 3.3% in 2023 and 3.0% in 2024. It also projects that fleet utilization
After performing very well in 2021 and 2022 (due to high freight rates and a rebound in freight demand following the lockouts), shipping lines are
Auto parts company Magna International posted a 4% increase in sales in 2022, to $37.84 billion, and highlighted four industry trends that impacted it. While
World GDP forecasts from the WTO and other organizations were revised downward following the outbreak of war in Ukraine last year. Below is a WTO
XPO, Inc. reported that it earmarked more than $200 million to purchase approximately 1,600 new tractors in North America in 2023. In this regard, the
info@opportimes.com