This week: Nine of the ten largest global carriers have signed an agreement to transition to using electronic bills of lading as part of the DCSA’s initiative to standardize container line processes Flatbed trucking activity and spot rates rise in Gulf Coast and...
This week: The FMC begins an investigation into carrier’s potentially unreasonable surcharges sent to shippers Spot truckload rates rise on the East Coast as they drop on the West Coast February US import projections reach their lowest levels since May 2020 Import...
This week: After the import surges of 2022 and the transition of cargo to East Coast ports, the East Coast is still seeing elevated cargo volumes while the West Coast dips back to pre-pandemic volumes Trans-Pacific schedule reliability to continue improving through...
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...
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...
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...