Container lines had rough Q4 before Red Sea-driven rate rebound

Container shipping stocks are back in vogue among retail traders, courtesy of Houthi rebel attacks in the Red Sea that suddenly changed the balance of transport supply versus cargo demand. The share price of ocean carrier Zim (NYSE: ZIM) is bouncing around like a pinball as traders place bets on how the geopolitical chaos will…

Ryder opens Indiana distribution center for printing giant Lexmark

Ryder has opened a 1 million-square-foot distribution center for printer and imaging technology manufacturer Lexmark International in Jeffersonville, Indiana. The facility streamlines Lexmark’s cross-border supply chain, while also speeding up shipping times and adding cost savings to deliveries, according to a news release. “Lexmark’s business is time critical, so equipment handling and transit time is…