Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability. Welch is aiming for an operating profit at YRC Worldwide in 2013; last year the company reported its first quarterly operating profit since 2008. The CEO is focusing on what he calls the LTL basics: pick up and deliver freight on time, and "don’t bust it." For further information, consult Bill’s story, too . Contact William B. Cassidy at wcassidy@joc.com and follow him at twitter.com/wbcassidy_joc .

<div class="phx-topic abstract-wrapper"><p>Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint. </p></div>

Advent eModal, a three-decade landmark provider of fee collection and appointment scheduling at container terminals, has been sold by private equity group Blackstone to air cargo software specialist CargoSprint.

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Air cargo payment provider acquires Advent eModal

<div class="phx-topic abstract-wrapper"><p>While cargo volume is expected to grow 5.8% next year, the airline association is warning that aircraft supply chain issues will raise costs, possibly limiting that growth.</p></div>

While cargo volume is expected to grow 5.8% next year, the airline association is warning that aircraft supply chain issues will raise costs, possibly limiting that growth.

Capacity shortage, aging fleet to clip air cargo wings in 2025: IATA

<div class="phx-topic abstract-wrapper"><p>Airlines repositioning freighter aircraft from the trans-Atlantic to the more profitable Asia market combined with a seasonal decline in belly cargo on the Europe-US route have pushed rates on the trade lane near a two-year high.</p></div>

Airlines repositioning freighter aircraft from the trans-Atlantic to the more profitable Asia market combined with a seasonal decline in belly cargo on the Europe-US route have pushed rates on the trade lane near a two-year high.

Trans-Atlantic air cargo rates take off as capacity shifts to Asia

<div class="phx-topic abstract-wrapper"><p>Air cargo is seeing a greater volume of non-essential products to get around container shipping challenges, a move that comes at a substantial cost to shippers.</p></div>

Air cargo is seeing a greater volume of non-essential products to get around container shipping challenges, a move that comes at a substantial cost to shippers.

Air freight users forced to better manage heavily imbalanced market

<div class="phx-topic abstract-wrapper"><p>The first week of December is traditionally when demand for air cargo reaches its highest level, and this year a wide imbalance between demand and available space is pushing up already elevated prices.</p></div>

The first week of December is traditionally when demand for air cargo reaches its highest level, and this year a wide imbalance between demand and available space is pushing up already elevated prices.

‘Peak’ of peak season lifts rates, demand in global air freight market

<div class="phx-topic abstract-wrapper"><p>Spot rates from Asia to the US rose to near-record highs this week as a looming dockworker strike on Jan. 15, the early Lunar New Year in Asia and the threat of tariffs under the new administration are keeping front loading of imports at unusually high levels for December. </p></div>

Spot rates from Asia to the US rose to near-record highs this week as a looming dockworker strike on Jan. 15, the early Lunar New Year in Asia and the threat of tariffs under the new administration are keeping front loading of imports at unusually high levels for December.

Asia-US spot rates surge to near-record levels

<div class="phx-topic abstract-wrapper"><p>The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes <i>Journal of Commerce</i> Executive Editor Mark Szakonyi.  </p></div>

The risk of an East and Gulf coast port strike, US tariffs on China, and service disruptions through the launch of new alliances and networks await the industry in the first two months of 2025, writes Journal of Commerce Executive Editor Mark Szakonyi.

New Year heralds triple threat to US container shipping

<div class="phx-topic abstract-wrapper"><p>One additional risk to a threatened strike at US East and Gulf Coast ports, which the container shipping industry did not have in October, is that the potential disruption would come just as new alliance networks are to be phased in, writes analyst Lars Jensen.  </p></div>

One additional risk to a threatened strike at US East and Gulf Coast ports, which the container shipping industry did not have in October, is that the potential disruption would come just as new alliance networks are to be phased in, writes analyst Lars Jensen.

Domino effects await if ILA strikes again: analyst

<div class="phx-topic abstract-wrapper"><p>Both CMA CGM and MSC will add a surcharge to trans-Pacific cargo transiting the canal beginning Jan. 1, pointing to higher operating costs thanks to a new system of reserving transits through the waterway. </p></div>

Both CMA CGM and MSC will add a surcharge to trans-Pacific cargo transiting the canal beginning Jan. 1, pointing to higher operating costs thanks to a new system of reserving transits through the waterway.

Carriers seek Panama Canal surcharges due to reservation system changes

<div class="phx-topic abstract-wrapper"><p>Holes in the Atlantic port network are being plugged as ONE, the Ocean Alliance and HMM prepare for February’s launch of the new container shipping groupings. </p></div>

Holes in the Atlantic port network are being plugged as ONE, the Ocean Alliance and HMM prepare for February’s launch of the new container shipping groupings.

Ocean carriers outline new trans-Atlantic services from Feb. 1

<div class="phx-topic abstract-wrapper"><p>The acquisition of Trucker Tools will give DAT access to carrier positioning data to arm its truckload broker customers. </p></div>

The acquisition of Trucker Tools will give DAT access to carrier positioning data to arm its truckload broker customers.

DAT acquires Trucker Tools in move to reduce load board driver churn

<div class="phx-topic abstract-wrapper"><p>While US customers are importing more than usual, C.H. Robinson Worldwide’s CEO Dave Bozeman doesn’t see a ‘major material’ pull-forward of goods in the last weeks before a potential US longshore strike.</p></div>

While US customers are importing more than usual, C.H. Robinson Worldwide’s CEO Dave Bozeman doesn’t see a ‘major material’ pull-forward of goods in the last weeks before a potential US longshore strike.

Front-loading of ocean cargo diminishing, C.H. Robinson CEO says

<div class="phx-topic abstract-wrapper"><p>Forwarders and shippers expect a pending trade agreement with the European Union to boost South American imports from the continent as soon as late 2025. </p></div>

Forwarders and shippers expect a pending trade agreement with the European Union to boost South American imports from the continent as soon as late 2025.

Mercosur trade deal offers Europe-Latin America backhaul boost

<div class="phx-topic abstract-wrapper"><p>The opening of a second span across the Laredo border will benefit CPKC trains to Atlanta and Chicago along with other transport providers such as Union Pacific Railroad and its customers. </p></div>

The opening of a second span across the Laredo border will benefit CPKC trains to Atlanta and Chicago along with other transport providers such as Union Pacific Railroad and its customers.

Patrick J. Ottensmeyer International Railway Bridge.JPG (1)

Bridge expansion boosts CPKC intermodal capacity, reliability

<div class="phx-topic abstract-wrapper"><p>A lawsuit filed Thursday in US District Court alleges the fourth-largest US freight broker e Worldwide Express engaged in a campaign of retaliation with a former agent.</p></div>

A lawsuit filed Thursday in US District Court alleges the fourth-largest US freight broker e Worldwide Express engaged in a campaign of retaliation with a former agent.

Worldwide Express rejects lawsuit claims of customer theft, hacking

<div class="phx-topic abstract-wrapper"><p>A 30% increase in the total value of transportation and logistics acquisitions over the last six months signals a stronger market for M&amp;A emerging in 2025, PwC says in a market report.</p></div>

A 30% increase in the total value of transportation and logistics acquisitions over the last six months signals a stronger market for M&A emerging in 2025, PwC says in a market report.

Transportation M&A activity seen ready to rebound as value of deals rises

<div class="phx-topic abstract-wrapper"><p>Adam Roth, executive vice president at NAI Hiffman, highlights the inverse relationship between transportation costs and real estate investment and the “rule of 1.5.”</p></div>

Adam Roth, executive vice president at NAI Hiffman, highlights the inverse relationship between transportation costs and real estate investment and the “rule of 1.5.”

<div class="phx-topic"><p>Global protectionism and geopolitical shifts are prompting companies to delay real estate decisions. Adam Roth, executive vice president at NAI Hiffman, highlights the inverse relationship between transportation costs and real estate investment and the “rule of 1.5.”</p><p><i>Inland24, Chicago, Illinois</i></p><p><b>Sponsored by CenterPoint Properties</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6363936408112"></dynamic-object></div></div>

Global protectionism and geopolitical shifts are prompting companies to delay real estate decisions. Adam Roth, executive vice president at NAI Hiffman, highlights the inverse relationship between transportation costs and real estate investment and the “rule of 1.5.” Inland24, Chicago, Illinois Sponsored by CenterPoint Properties

The 1.5-year impact rule

<div class="phx-topic abstract-wrapper"><p>Michael Brazeal, manager of development transactions at CenterPoint Properties, shares insights on adapting to post-COVID tenant demand, optimizing supply chains and building partnerships to support tenant growth.</p></div>

Michael Brazeal, manager of development transactions at CenterPoint Properties, shares insights on adapting to post-COVID tenant demand, optimizing supply chains and building partnerships to support tenant growth.

<div class="phx-topic"><p>Strategic locations and green initiatives are essential in today's industrial real estate landscape. Michael Brazeal, manager of development transactions at CenterPoint Properties, shares insights on adapting to post-COVID tenant demand, optimizing supply chains and building partnerships to support tenant growth.</p><p><i>Inland24, Chicago, Illinois</i></p><p><b>Sponsored by CenterPoint Properties</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6363935724112"></dynamic-object></div></div>

Strategic locations and green initiatives are essential in today's industrial real estate landscape. Michael Brazeal, manager of development transactions at CenterPoint Properties, shares insights on adapting to post-COVID tenant demand, optimizing supply chains and building partnerships to support tenant growth. Inland24, Chicago, Illinois Sponsored by CenterPoint Properties

Evolving industrial real estate needs

<div class="phx-topic abstract-wrapper"><p>Dylan Nowak, Gulf region sales director at C&amp;K Trucking, shares insights on logistics career growth, effective supply chain strategies, the vital role of employee engagement and his key takeaways from recent industry disruptions.</p></div>

Dylan Nowak, Gulf region sales director at C&K Trucking, shares insights on logistics career growth, effective supply chain strategies, the vital role of employee engagement and his key takeaways from recent industry disruptions.

<div class="phx-topic"><p>Data-driven approaches are crucial for enhancing customer success and operational resilience. Dylan Nowak, Gulf region sales director at C&amp;K Trucking, shares insights on logistics career growth, effective supply chain strategies, the vital role of employee engagement and his key takeaways from recent industry disruptions.</p><p><i>Inland24, Chicago, Illinois</i></p><p><b>Sponsored by C&amp;K Trucking</b></p><p></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6363702996112"></dynamic-object></div></div>

Data-driven approaches are crucial for enhancing customer success and operational resilience. Dylan Nowak, Gulf region sales director at C&K Trucking, shares insights on logistics career growth, effective supply chain strategies, the vital role of employee engagement and his key takeaways from recent industry disruptions. Inland24, Chicago, Illinois Sponsored by C&K Trucking

Navigating logistics challenges

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Video

<div class="phx-topic abstract-wrapper"><p>Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability.</p></div>

Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability.

<div class="phx-topic"><p>Senior Editor Bill Cassidy interviews YRC Worldwide CEO James Welch, who is getting closer to his goal of returning the troubled less-than-truckload operator to profitability. Welch is aiming for an operating profit at YRC Worldwide in 2013; last year the company reported its first quarterly operating profit since 2008. The CEO is focusing on what he calls the LTL basics: pick up and deliver freight on time, and "don’t bust it."</p><p>For further information, <a href="http://www.joc.com/trucking-logistics/ltl-shipping/yrc-worldwide/yrcs-welch-aims-2013-operating-profit_20130429.html">consult Bill’s story, too</a>.</p><p><i>Contact William B. Cassidy at <a href="mailto:wcassidy@joc.com">wcassidy@joc.com</a> and follow him at <a href="http://www.twitter.com/wbcassidy_joc">twitter.com/wbcassidy_joc</a>.</i></p><div class="wrapper-full"><dynamic-object type="youtube" resource-id="2kCQ187vlZU"></dynamic-object></div></div>

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