News - page 3

The India-North America trade lane, recognized by analysts for its long-term potential amid trade diversification in Asia, is on the brink of significant changes in its ocean network. Hapag-Lloyd is set to withdraw from the Indamex service, a joint operation […]

The Panama Canal Authority (ACP) has announced an increase in the number of large ships transiting the canal, thanks to the recovery of freshwater reservoir levels. This improvement allows the canal to open additional booking slots for larger vessels starting […]

The US truckload spot market appears to be approaching a significant inflection point, with the national average spot truckload dry-van linehaul rate experiencing a slight increase year-over-year for the first time in 27 months. As of Wednesday, DAT Freight & […]

Plans for a possible strike by Canadian customs and border workers have been delayed, granting North American shippers more time to prepare for a potential disruption that could significantly slow freight shipments later this week, especially at truck border crossings. […]

Chassis providers and railroads are adapting their businesses to accommodate the increasing number of trucker-controlled chassis now competing for merchant haulage of ocean containers. While the Federal Maritime Commission (FMC) has ruled in favor of greater chassis choice, shippers and […]

The container shipping market is currently perched precariously at the top of a sharp pyramid, making it exceedingly difficult to predict what freight rates will do over the next six months. This uncertainty is driven by two potential scenarios that […]

As the May 22 deadline approaches, Canada’s major freight railroads—Canadian National Railway Co. (CN) and Canadian Pacific Kansas City Ltd. (CPKC)—face a potential strike by conductors and engineers, a move that could significantly disrupt operations at the Port of Vancouver, […]

In March, Mexico maintained its position as the United States’ leading trading partner, marking the third consecutive month and the 13th time in the past 14 months. According to the latest data from the Census Bureau, two-way trade between the […]

The recent decline in diesel prices reflects a broader downturn in the market, highlighted by a significant drop in the benchmark retail price used for most fuel surcharges. This Monday, the average weekly retail price, as reported by the Department […]

The Panama Canal, a vital artery in global maritime trade, is facing a confluence of challenges that threaten its operational capacity and long-term viability. Recent data and developments shed light on the complex interplay between climate variability, infrastructure constraints, and […]