Is the market becoming more stable? — Midday Market Update

MMU 11/24

How contract and spot rates are competing for dominance

Headlines

UPS announced Monday it was waving the white flag on its LTL division, selling UPS Freight to TFI International for $800 million. The deal reached unanimous approval from both company’s boards and will close sometime in the second quarter of 2021. 

A roller-coaster year came to a close on a high note for Georgia ports and the Georgia Ports Authority has increased its movement of twenty-foot equivalent units by 1.8% from 2019 to...

https://www.freightwaves.com/news/is-the-market-becoming-more-stable-midday-market-update

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