The Journal of Commerce’s annual Top 100 Importers and Exporters rankings show that the largest shippers in 2023 took a larger share of the inbound and outbound markets in a weak year for overall volumes.
Deere and Caterpillar are facing a lackluster year as equipment sales soften amid lower commodity prices and market uncertainty.
The fast-evolving supply chain technology market prompted the global forwarders to take over Forward Computers, which will be run under a joint venture as an independent business.