News

January 5, 2023

Fallout From Ocean Rate Collapse to Define Market ‘Status Quo’ in 2023

As shippers, forwarders, and container carriers look to the horizon, one question will dominate. What are the implications of the…

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January 2, 2023

The Largest Trucking Companies That Went Bankrupt in 2022 Freight Recession

It’s been a rough year for the trucking industry following the red-hot market conditions of late 2020 and 2021. Since the…

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December 30, 2022

UPS Extends Residential Delivery Surcharges Beyond Peak Season

In an unprecedented move, UPS Inc. will impose U.S. residential delivery surcharges beyond the peak delivery season instead of letting…

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December 29, 2022

Chance That Container Ship Arrives on Time is Still a Coin Toss

A year ago, fear was a big driver of the supply chain crunch: fear that goods wouldn’t arrive on time,…

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December 28, 2022

US LTL Volumes Drop, But Pricing Proves Resilient

Freight volumes at large US less-than-truckload (LTL) carriers are softening in the fourth quarter, and some trucking companies are responding…

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December 27, 2022

Expect to Hear More About Rail Service Issues in 2023

The Surface Transportation Board’s regulatory to-do list, train crew sizes and merger conditions related to Canadian Pacific’s acquisition of Kansas…

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December 19, 2022

FedEx, UPS Shippers face 8%-10% price hikes in 2023, Consultancy Says

TransImpact says there will be virtually no difference in rates in 2023 between FedEx and UPS. Shippers using FedEx Corp….

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December 18, 2022

Ocean Carriers Plan to Bank Half Their Sailings from Asia

Against a background of extremely weak demand forecasts, ocean carriers are preparing to blank around half their advertised sailings from…

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December 16, 2022

Plunge in US Imports Accelerates; Volumes Near Pre-Covid Levels

The situation remains far from normal at some U.S. ports. There were still 18 container ships at anchor waiting for…

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December 16, 2022

CMA CGM Air Cargo ‘Temporarily’ Suspends US Operations

CMA CGM Air Cargo, the startup airline of France-based shipping giant CMA CGM, abruptly dumped logistics customers and stopped selling…

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