COVID-19 Latest UpdatesFreight Market Update
December 29, 2022

FMC Checking Shipping Lines’ Anti-Retaliation Compliance, Southeast U.S. Ports Adding Capacity for Future Growth, Legislative Changes Expected to Address Crashes in 2023.

Ocean  FMC checking shipping lines’ anti-retaliation compliance. According to a release, the Federal Maritime Commission…
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COVID-19 Latest UpdatesFreight Market Update
December 22, 2022

Ports of Los Angeles and Long Beach to End Container Dwell Fee, Section 301 Exclusions Extended Through September 2023, Union Pacific to Pause Embargoes Following STB Hearing.

Ocean  Ocean carriers to blank sailings from Asia after Chinese New Year. Ocean carriers are…
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COVID-19 Latest UpdatesFreight Market Update
December 15, 2022

Port Volumes Near Pre-Pandemic Levels, Shippers Say Railroads Aren’t Fulfilling Common Carrier Obligation, EU Reaches Agreement on Import Pollution Tax.

Ocean  Containerships to be scrapped following market drops. Analysts are anticipating that a large amount…
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COVID-19 Latest UpdatesFreight Market Update
December 8, 2022

Freight Rates from China to West Coast Down 90%, FMCSA Proposes Limiting Scope of Emergency Waivers, Boeing Awaits Certification for Converted Freighters in Canada.

Ocean  Freight rates from China to West Coast down 90%. Prices in the ocean freight…
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COVID-19 Latest UpdatesFreight Market Update
December 1, 2022

House Passes Resolution to Head off Rail Strike, FMC Approves Chassis Pool in Southeast U.S., Benchmark Diesel Price Continues to Fall.

Ocean  Shipping industry passes earnings peak in third quarter. The container shipping industry earned profits…
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