News
October 12, 2020
Consensus for double-digit truckload rate increases formingThe expectation for truckload (TL) contractual rates to increase by double digits in 2021 is growing. In a Wednesday note…
October 6, 2020
Covid-19 Vaccine Delivery Will Present Tough Challenge to Cargo AirlinesThe pandemic has revealed shortcomings in global supply chains and forced business to make logistics a bigger strategic priority. Successfully…
September 10, 2020
Container rate records are shattered as US imports surgeJust how high can Asia-U.S. West Coast spot rates go? They blew past $3,000 per forty-foot equivalent unit (FEU) in early August…
September 2, 2020
Transportation capacity near 2-year low; pricing surgesLogistics Managers’ Index climbs higher in July Supply chain data shows transportation capacity has declined to a 22-month low with…
August 31, 2020
Incoterms® 2020 Explained – The Complete GuideThe International Chamber of Commerce have published new Incoterms® 2020 that have come into effect from the 1st of January 2020. The…
August 21, 2020
Full Truckload frenzy of 2020 is upon usLoad volumes: Absolute levels and momentum positive for carriers We are back within “broken record” territory, as we were at…
August 12, 2020
UPS Plans Hefty Holiday Fees Amid Coronavirus-Related Shipment SurgeUnited Parcel Service Inc. plans to impose hefty fees on large shippers during the holiday season, reflecting the added complexity…
July 24, 2020
YRC’s government loan lifeline changes LTL landscape for rival carriers, shippersRival LTL carrier executives and YRC customers were stunned by what is the largest freight financial transportation assistance from the…
July 1, 2020
YRC gives government 30% stake in its latest financial bailoutYRC Worldwide (NASDAQ: YRCW) unveiled plans of a new $700 million lending agreement with the U.S. Department of the Treasury,…
June 22, 2020
USPS, facing fiscal calamity, confronts new challenges to international parcel competitivenessThe U.S. Postal Service (USPS) is fighting to keep its head above water amid staggering financial losses related to the…