Chinese COVID-19 Cases affect Factories, Ocean Freight Capacity Cuts, and More
This week: Chinese government removes zero-COVID policy mandates, leading to spikes in COVID cases that now affect factory performance Trucking prices are likely to fall as truckload capacity remains strong into 2023 Chinese Lunar New Year blank sailings will lead...
US Import Declines, Low Warehouse Vacancy Rates, Diesel Prices, and More
This week: Forecasts indicate that the start of 2023 will see double-digit US import declines compared to 2022 Conflicting opinions on the strength and direction of the diesel market create uncertainty Warehouse vacancy rates to stay low through 2023, supporting...
Air Freight Market Overcapacity, For-Hire Truck Tonnage Volumes, and More
This week: Department of Transportation to work with the US Coast Guard and Transportation Command to improve cargo movement Truck tonnage index numbers drop faster than in any other November before the start of the pandemic The global air freight market sees...
New EPA Emissions Standard and Falling Trans-Pacific Imports
This week: Eastbound Trans-Pacific Recovery Might Not Happen Until 2024 Less-Than-Truckload Prices Remain High as Volume Softens Free Time and Long Dwelling Containers Now Under Scrutiny After Pandemic Port Congestion ILA Is Confident that Next Year’s East and...