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29 JUN 2026 MONDAY
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Latest News FedEx Freight ‘hunting’ for new, high-margin freight amid volume decline UP extends peak surcharges to all Southern California shippers Maersk temporarily shifts SoCal inland volume to UP Cosco pulls vessels from CMA CGM’s India-Europe loop as Suez rotation returns Latest ship attack puts IMO’s Persian Gulf evacuation plan on hold More News ✕ More News & Analysis FedEx Freight ‘hunting’ for new, high-margin freight amid volume decline The largest US LTL carrier said it will aggressively pursue business outside LTL’s traditional industrial base, leveraging its national network and service to grow. UP extends peak surcharges to all Southern California shippers The fee, which sources say is $300 per container, applies only after a shipper exceeds its contractual weekly allotment and is reset every week, so there are ways to avoid the charge with careful planning. Maersk temporarily shifts SoCal inland volume to UP The UP routing was initially noticed by freight forwarders and drayage providers in the Chicago area who are increasingly going to UP’s Global IV terminal in Joliet instead of BNSF’s Logistics Park Chicago to retrieve Maersk containers.
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news Journal of Commerce ·2026-06-26

Cosco pulls vessels from CMA CGM’s India-Europe loop as Suez rotation returns

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