News

March 29, 2024

Getting Ready for CARM Release 2: CBSA’s 2024 Digital Shift

The Canada Border Services Agency (CBSA) is moving forward with its digital transformation initiative, known as CARM (CBSA Assessment and…

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March 26, 2024

Baltimore Bridge Tragedy: Impact and Recovery

The incident involving a large containership crashing into the Francis Scott Key Bridge in Baltimore has caused significant disruptions and…

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March 20, 2024

Strategic Impasse in Global Shipping Amid Rising Disruptions

The recent spike in spot ocean freight rates, contrasted with a cautious approach towards long-term contracts, illuminates a series of…

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March 18, 2024

US Trucking: Navigating Economic Shifts and the Electric Transition

The US trucking industry is currently facing a complex set of challenges and adaptations, characterized by companies working for lower…

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February 7, 2024

Bankrupt Yellow Corp. Settles COVID Loan with Full Repayment of Principal and Interest

Yellow Corp., formerly known as YRC Worldwide, has recently repaid the $700 million COVID-relief loan it received from the U.S….

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February 6, 2024

Transportation Prices Rise, Signaling End to 19-Month Contraction: LMI Update

For the first time in 19 months, transportation prices in the United States have shifted to expansion, driven by retailers’…

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January 26, 2024

Rerouting Trade: How the Red Sea Crisis is Reshaping MSC’s Shipping Operations in India

The recent crisis in the Red Sea has had a significant impact on global shipping operations, particularly affecting the Mediterranean…

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January 17, 2024

India-US Ocean Rates seen inching to COVID peaks on Red Sea Woes

While India-US ocean rates are still below the levels seen at the height of pandemic-induced supply chain disruption, current Red…

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January 14, 2024

Ocean carriers suspend Asia-Europe contract offers until Red Sea ‘settles’

Ocean carriers have stopped, for now, offering long-term agreements to the Asia-Europe market because the Red Sea shipping disruption is making…

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January 11, 2024

International Intermodal Volumes to Rebound Slightly in 2024

The big picture: After one of the weakest years in recent history for international containerized freight moving through North America…

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