This week: Empty containers continue to affect the US supply chain as carriers do not have an incentive to pick up empty containers over those loaded for export Trans-Pacific spot rates are not likely to normalize until next year Demand for inland warehousing...
This week: Rail service at LA-LB reaches an all-time record low, causing further port congestion Retailers expect US imports to slow in the second half of 2022 and throughout 2023 US shippers and importers push for reduced contract rates that reflect spot market...
This week: Vessel schedule reliability to the US East Coast reaches its lowest rate since January as Import Numbers continue to rise Port of New York-New Jersey to introduce a new empty container fee for carriers who don’t take enough empties when calling into the...
This week: Oakland returns to normal operations after trucker protests slow operations Tight truckload capacity leaves executives unsure of market stability Container availability in China and Asia is not an issue, unlike in the US and Europe Singapore placed at...
This week: As the trucking spot market softens, trucking contracts remain strong with consistent demand and a greater reliance on trucking freight contracts in general Protests against California’s AB5 legislation close terminals at the Port of Oakland Asia-US spot...
This week: The Assembly Bill 5 has come into effect in California and threatens to take almost 70,000 truckers off the road during peak season US truck and freight demand remains high despite a slowdown in the country’s economy and a drop in GDP Last month set new...