Trucking market holds up in January
Tender rejections are at 9.97%.
Tender rejections are at 9.97%.
In the first half of 2025, SC Codeworks’ freight activity data revealed the disruptive impact of tariffs on shipping patterns, marking a period of unpredictability for businesses involved in international trade. As shippers anticipated impending cost increases from tariffs, they adopted new strategies that emphasized consolidation of inventories and a subsequent slowdown in import activities. […]
Sotira, which is leveraging AI to help brands offload and capitalize on their surplus inventory, has raised $2 million in funding.
Chicago and Dallas tender rejections still exceed 7%.
Container volumes have not slowed in January, blowing out year-over-year comps.
Intermodal volumes are robust, even past peak retail season. What does it mean for 2025?
More signs are surfacing that the second half of the year won’t be a panacea to the international freight recession. Seko Logistics says there won’t be a surge in orders that fuels transportation spending.
Inventory destocking is the biggest container shipping headwind, says Maersk. Its data shows no evidence of inventory pressures alleviating yet.
U.S. businesses overshot in 2022, importing way more than they needed. The hangover is in full swing, depressing 2023 imports.
Container shipping fundamentals are not as bad as spot rates imply, says the head of the world’s fifth-largest ocean carrier.
Retail sales are still up double digits compared to pre-COVID. Inventory-to-sales ratios have yet to fully recover.
Major retailers like Target, Walmart and Amazon are suddenly packed with inventories. It’s a whiplash that’s spooking investors.
Zim continues to outpace growth rates of rival container shipping lines, but investor demand fears are on the rise.
Major retailers and suppliers reassured the White House they have a handle on supply chain volatility and can meet consumer demand.
Long-haul freight typically shrinks around the holiday season as fulfillment becomes a priority. The exact opposite is occurring this season, which may be indicative of shipper overcorrection.
President Biden got input Tuesday from express carriers and large retailers on the supply chain crisis.
The ocean shipping boom is spreading across vessel types. Spot LNG shipping rates just topped $150,000 per day.
A double whammy of few new trucks and fleets wanting upgraded equipment in a booming freight market is driving prices to a post-Great Recession peak.
With the retail inventory-to-sales ratio still falling, U.S. importers are urged to move fast on their holiday import plans.
Microchip shortages and skyrocketing commodity prices make it unlikely that any of the 33,500 new Class 8 trucks ordered in April will be built this year.