Local freight forwarders who spoke with the Journal of Commerce have reported three upcoming blank calls out of West India through the first half of September in anticipation of lower cargo lifts.
Sentiment heard with greater frequency from within the industry and from financial analysts holds that overcapacity will overwhelm constraints on capacity in a possible multi-year swoon.
Transportation Secretary Sean Duffy gave California, New Mexico and Washington 30 days to adopt and enforce ELP regulations or lose access to federal safety funding.