News

While ocean container rates on the trans-Pacific were unchanged in the latest week, carriers are testing soft demand with ...
Freight Right Global Logistics reports container shipping rates surged by $800-$900 amid U.S. tariff tensions and aggressive ...
'Carriers are trying to readjust services to make up for the additional sailing time around the Cape of Good Hope'. Image by AvigatorPhotographer via iStock In a release sent to Rigzone late Tuesday, ...
Since the first quarter of 2024 rolled to an end, my communication with many owner-operators reveals little more than unfavorable load offers and little hope for improvement. Broad economic forecasts ...
[Stay on top of transportation news: Get TTNews in your inbox.] A China-U.S. deal to slash trade tariffs is set to push freight rates higher, as companies rush to use a 90-day grace period to ferry ...
High-price freight contracts that were written when carrier capacity was tight and a rush to restock inventories was in full force are losing their shine as slowing demand and a wavering U.S. economy ...
Since peaking during the pandemic, the transportation industry has faced a protracted slump. An index that tracks global container rates has plunged 75% from a year ago. The downturn has also affected ...
After a downtrend in the freight shipping tanker market since the middle of 2007, the industry has seen nothing but rate increases in the last month. This freight rate increase can affect consumers ...