Nov 12, 2023
Norfolk Southern adds to Southeast intermodal capacity with new cranes
Shipment volume at the third-largest LTL carrier in the US jumped nearly 9% in July from a year ago and 3.2% from June as shippers moved freight away from rival carrier Yellow. Air cargo capacity
Shipment volume at the third-largest LTL carrier in the US jumped nearly 9% in July from a year ago and 3.2% from June as shippers moved freight away from rival carrier Yellow.
Air cargo capacity continues to grow through the summer, outpacing weak demand from major destination markets with no sign yet of any turnaround.
US truckload carrier executives say they don’t see any signs that freight demand will pick back up until the end of 2023.