News - page 15

Mediterranean Shipping Company (MSC) has warned clients of higher costs with the inclusion of shipping in the EU’s carbon trading market. The EU emissions trading system (ETS), part of the “Fit for 55 package” to reduce greenhouse gas emissions by […]

Wabash National can’t build dry-van and refrigerated trailers fast enough to meet US demand, so the equipment manufacturer is expanding its plant in Lafayette, Indiana, to turn out more dry-van trailers starting in the first quarter and is expanding production […]

Ocean shipping spot rate indexes are still falling. But after months of steep declines, they’re dropping much less rapidly than before. It could be just a temporary plateau before the next leg down. Or it could be something more significant: the […]

The organization that oversees pricing in the less-than-truckload industry, in what it has called a major overhaul of its antiquated shipment rating system, said it will consolidate or eliminate a large volume of irrelevant classifications that make LTL transport a […]

September is usually a strong month for West Coast imports as U.S. companies bring in their year-end holiday goods. Not so in 2022. On Wednesday, the Port of Los Angeles reported its lowest import total for September since 2009, amid […]

Floridians are starting to assess the damage created by Hurricane Ian a day after it slammed into the Gulf Coast as a massive Category 4 storm. By Thursday morning, Ian had been downgraded to a tropical storm, but a threat […]

Updates continue to roll in for Hurricane Ian on Tuesday as the center of the storm moved off Cuba and into the open waters of the Gulf of Mexico toward Florida. The outer rain bands of Ian, classified as a […]

The White House said Thursday it had reached a tentative agreement to avoid a potential railway strike that threatened to shut down a crucial vein of the U.S. economy. President Biden said the tentative deal “is an important win for our economy […]

The freight market is a pendulum — and when it swings, it may be the buyers or sellers of capacity that now have the power in rate negotiations. Ever since the summer of 2020, trucking companies have largely held all […]