Shippers are holding their collective breath to see how a rash of uncertainties surrounding the U.S. and global economies will impact freight rates in 2025.
implying freight rates moved higher during the month. Truckload linehaul rates continued to improve from August’s cycle low, a Tuesday report revealed. Freight volumes captured by the Cass ...
Manistee railroads, built by lumbermen to transport logs, faced criticism for high freight rates due to lack of competition.
The firms' predictions see freight volumes growing 1% to 1.6% and for-hire rates beginning their upturn later this year—as early as Q2. In its latest annual freight forecast in collaboration ...
Q4 2024 data released by freight audit and payment provider U.S. Bank showed a trucking industry continuing to battle ...
Let’s take a look back in history. During the 2018 trade tensions between the US and China, the introduction of tariffs by both nations caused ocean freight container shipping rates on the China ...
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Rising Freight Rates: The Carrier's Comeback in a Shifting MarketThe transportation sector is currently experiencing a significant power shift, marked by rising freight rates and a tightening of capacity. This shift favors carriers over shippers, allowing ...
SINGAPORE (Reuters) -Supertanker freight rates jumped after the U.S. expanded sanctions on Russia's oil industry, sending traders rushing to book vessels to ship supply from other countries to ...
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