News

May 1, 2023

California Will Not Allow Heavy-Duty Diesel Truck Sales after 2036

The Golden State continues to set the pace for clean-vehicle regulation in the U.S. This week, the California Air Resources Board (CARB)…

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April 26, 2023

Growing Freight Fraud Is Peeling Millions From the U.S. Shipping Market

Freight fraud is spreading across trucking networks as tech-savvy operators impersonating middlemen skim off payments for shipping goods that can…

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April 23, 2023

Trans-Atlantic Westbound Demand Fell Sharply In March Amid Rate Decline

Container volume on the westbound trans-Atlantic fell sharply in March, with forwarders and analysts expecting the steadily weakening demand to…

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April 17, 2023

Air Cargo Market Weakens As Capacity Floods Into Service on Major Trades

Air cargo capacity continues to flood into service as airlines reactivate passenger flights and freighter operators launch new services between…

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April 16, 2023

Shipper Savings To Rocket in 2023 at Expense of Carrier Profits

Sharply correcting container shipping markets will result in plunging profitability for carriers this year, but massive savings in transport costs…

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April 16, 2023

Dynamic Pricing is Slowly Making its Way Into Parcel Delivery

Tusk Logistics co-founder and CEO Ben Emmrich longs for a day when parcel shipping rates adjust dynamically based on supply…

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April 15, 2023

Terminals Can’t Issue Detention Fees if Ports Closed

What began as a $510 small claims case brought by a trucking company has evolved into what some are calling…

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April 10, 2023

Mighty Fall: Container Line Profits Plummet From Historic Peak

China’s Cosco Group — the world’s fourth-largest container line operator with an 11% market share — finally closed its books on 2022…

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April 9, 2023

Sweeping Changes To Classification System Took Effect April 8th

Making the National Motor Freight Classification® (NMFC®) system as easy as possible for the industry to use is a high…

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April 4, 2023

Warehouses Find Insulation From U.S. Banking Crisis

Industrial real-estate executives expect only limited fallout from the turmoil that has engulfed the U.S. banking sector, even as warehouse…

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