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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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COVID-19 Latest UpdatesFreight Market Update
November 23, 2022

Two Remaining Unions Split Votes on Ratifying Agreement, UPS Hikes Fuel Surcharges for International Air Shippers, Tesla Recalling 321,000 Vehicles Due to a Safety Issue.

Ocean  Study calls for regulatory framework for ammonia fuel. A new study has found that…
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COVID-19 Latest UpdatesFreight Market Update
November 10, 2022

Radiant Road & Rail Provides Updates on U.S. Rail Situation, DHL Express Announces 7.9% Rate Hike on U.S. Shipments, and Meta Announces Large Scale Layoffs.

Ocean Shipping announcements made at United Nations COP27. This year’s United Nations COP27 climate conference,…
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COVID-19 Latest UpdatesFreight Market Update
November 3, 2022

Trade Groups Ask White House to Take Action to Avoid Rail Strike, Delta Pilots Vote to Authorize Strike, Low Mississippi River Water Levels Disrupting Shipping Traffic.

Ocean Plunging shipping rates beginning to slow. Following months of steep declines, drops in ocean…
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COVID-19 Latest UpdatesFreight Market Update
October 27, 2022

U.S. Dockworker Labor Deal Could Take Several Months, BNSF to Begin Construction on Barstow Facility in 2024, Inflation Reaches the Candy Aisle Ahead of Halloween.

Ocean Seapeak to acquire Evergas. Danish gas shipping company Evergas is set to be acquired…
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COVID-19 Latest UpdatesFreight Market Update
October 20, 2022

Shipping Disruptions Begin to Ease, BNSF to Pay $228 Million Over Fingerprint Data Lawsuit, Amazon Donates Millions of Disaster Relief Items to Hurricane Ian Victims.

Ocean Shipping disruptions begin to ease. Logistics data shows that port congestions and container shortages…
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COVID-19 Latest UpdatesFreight Market Update
October 13, 2022

Black Sea Grain Corridor Faces Backlog of Ships, Third Largest Rail Union Rejects Labor Deal, TikTok Looking to Enter eCommerce Fulfillment Market as Amazon Competitor.

Ocean Black Sea Grain Corridor faces backlog of ships. The renewal of Ukrainian grain shipments…
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