President Biden plans to sign into law the Ocean Shipping Reform Act, the first ocean shipping regulations passed by Congress since 1998.
President Biden made his case for getting ocean carrier reform on the books by accusing ocean carriers of jacking up prices for consumers.
Adjusted for inflation 1978 – 2022
FreightWaves founder and CEO Craig Fuller analyzes truckload contract rates and where they may be headed.
Record diesel prices are fuelling fears of a recession More expensive fuel means more inflation pressures.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
“Higher shipping costs hit prices of imported goods at the dock within two months and quickly pass through to producer prices — many of whom rely on imported inputs to manufacture their goods,” IMF researchers wrote.
Volvo reported record Q1 truck sales despite ongoing supply chain interruptions. The company took a $423 million charge for suspending Russia business.
Company to tack on a 5% fee for FBA sellers at end of month
Inflation is putting carriers under extreme pressure. Nussbaum President and CFO Bill Wettstein explains what his company is doing to control costs and maximize profits during the FreightWaves Enterprise Fleet Summit.
Winter storm damage and inflation have some transportation-sector nonprofits scrambling for disaster relief supplies.
With record inventories building and bottlenecks easing is deflation next?
A federal regulator is using a new report to spotlight the importance of ocean containers to the U.S. economy and the threat of China’s market dominance.
RH confirms sharp drop in demand since Russia-Ukraine war and sees no supply chain relief.
Truckload capacity has been extremely difficult to secure over the past 18 months, but the tender data shows things may be changing, rapidly.
Craig Fuller analyzes the state of the U.S. truckload market.
As inflation has taken hold at record levels, e-commerce brands need to offer options to combat rising prices and keep consumer shipping costs low.
The conflict is 8,000 miles away from North America but supply chains are global, which means any disruption around the world is a threat to their well-being. As the impact of COVID diminishes, a new geopolitical threat arises.
Equipment price inflation not only inhibits capacity growth it carries consequences well into the future.
The FTC wants to know if large corporations are engaging in anticompetitive supply chain practices.
