Economic uncertainty and complex supply chains pressure businesses to optimize spending. However, some professionals overlook ...
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 ...
While a measure of total U.S. freight shipments in October broke a string of being in negative territory for 20 months, November fell back while separate reports for the month show an improvement in ...
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 ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
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