#fleet-utilization
(5 articles)Global Container Fleet Expands to 34M TEUs by September
The global container ship fleet is projected to reach 34 million Twenty-Foot Equivalent Units (TEUs) in September, representing a significant expansion of available maritime cargo capacity. This growt
GlobalX Airlines Abandons Lawsuit, Ends Ascent Logistics Deal
Global Crossing Airlines (GlobalX) has withdrawn a $30 million breach-of-contract lawsuit against its former largest shareholder Ascent Global Logistics and terminated their exclusive brokerage agreem
Truckload Rates Surge Despite Weak July Demand
Truckload linehaul rates continued their upward trajectory in July despite softening freight volumes, according to Cass Information Systems data. The Cass TL linehaul index—which excludes fuel and acc
Schneider National Raises Guidance Amid Truckload Rate Recovery
Schneider National's strong second-quarter performance and raised full-year earnings guidance signal a structural shift in the North American truckload market toward carrier-favorable conditions. The
Asyad Shipping Profits Surge on Strong Charter Market Demand
Asyad Shipping, a prominent Arabian Gulf maritime operator, has reported significant profit growth driven by robust charter market conditions. The surge reflects strengthening demand for vessel charte