Minor dip in MPV freight rates belies trade lane imbalances
Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.
Day rates out of Southeast Asia and China have remained firm, but it is a different story for charter fees out of Europe, the US, or the Mediterranean.
Despite similar challenges, the two computer makers are using different strategies to battle supply constraints, including passing costs on to customers.
Encouraged by the stickiness of early June rate hikes, carriers are capitalizing on robust demand as an early start to peak season keeps ships full on North Europe and Mediterranean trades.
The multiyear deal with Gatik will help the food and beverage giant increase capacity in “hard to staff” areas of its transportation network.
Amazon’s “asset-backed” less-than-truckload service is based on company-owned equipment and technology, its freight director says.
The COVID-19 pandemic pushed the company to run a dedicated route until capacity improved. Here’s what shippers can learn from the endeavor.
As asset-based intermodal marketing companies reject lower-priced freight, shippers are pushed deeper into routing guides and end up paying more well before the next round of contracts take effect.
Empty containers trapped on the wrong side of the Strait of Hormuz are impacting export markets, forcing ocean carriers to seek out lessors for more equipment.
Rising prices have begun to erode gains in real wages in recent years and weaken consumer purchasing power for all goods and services.
U.S. Customs and Border Protection could return funds by the end of July for finally liquidated entries, although it may depend on an appeal by the federal government.