A report from the consultancy pins lackluster funding into logistics startups on static freight demand and a steep decline in freight rates in 2023.
More than 70% of air cargo space controlled by Kuehne + Nagel subsidiary Apex has been presold for the third and fourth quarters. Photo credit: K+N.
More business from logistics partners and retailers helped increase daily shipment count for the second-largest US LTL provider, but year-over-year comps are about to get tougher.