Inflation looks to be easing across the developed world, except for one glaring pocket of hot prices: cargo costs on the high seas. Spot rates for full-size shipping containers to the U.S. and Europe ...
The warehouse distribution, shipping, and logistics company files for Chapter 11 bankruptcy.
Container shipping costs from South Korea to the U.S. west coast fell for a second consecutive month in January, while rates ...
The overall economy is performing better than many people think, but overcapacity in the trucking industry is still keeping freight rates from rising. Among the key takeaways from FTR’s State of ...
Ship diversions from the Red Sea due to attacks by Iran-backed Houthi rebels have caused container freight rates to increase by about 30% in recent weeks. This rise is expected to continue as ...
Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.
Improving freight rates and tighter capacity push FTR’s Trucking Conditions Index to its highest level in nearly four years.
While Lunar New Year could offer temporary rate support, cargo volumes have yet to show a clear pre-holiday surge. The result is a market that remains vulnerable to sudden swings once factories shut ...
Don’t let freight brokers rush your decision-making. The posted rate is far from "gospel." Take the "third way" in negotiation, avoid the winner's curse, and value your time over simple cents-per-mile ...
In for-hire trucking, shippers pay carriers to move freight. This payment is generally a per-mile rate with a fuel surcharge. Freight rates are the primary source of income in for-hire trucking and a ...
The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...
Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...