Market volumes have increased significantly over the past several days, bringing national levels to those similar to early March of 2018 when the market was thought to be more active. The data tells us one aggregate value cannot tell the whole story.
The overall market remains relatively stable as volume dip below 2018 levels in two major markets. Spring is around the corner. Will freight volumes return with it?
After years of development work, TSA’s approval for third-party canine screening should provide faster and more accurate air cargo acceptance and security screening, and reduce truck detention at airports.
The two Super Bowl teams and their fanbases are very different, just like their freight market identities.
The Agriculture Improvement Act of 2018 removed hemp from the Controlled Substances Act and opened the door for interstate hemp transportation. Now hemp manufacturers are mobilizing to establish supply chains to move their crops.
Capacity is abundant even though volume is relatively strong. Carriers are having little trouble covering the available freight making it a shippers’ paradise in mid-January.
The United States is in the midst of a building boom for industrial space as the logistics market struggles to accommodate surging e-commerce demand.
The U.S. – China trade war continues to disrupt freight movements into the new year.
The New Year has started off with a surprising amount of volume in the freight market. So far, capacity has been available to handle it. The tariff deadline extension may be providing a second wind.
Record intermodal shipments on the rail for the second year in a row has deep implication for the trucking market into 2019. Trucking will benefit, at least partially, from Norfolk Southern’s latest decision.
Carriers lower rates heading to the West Coast this year as inbound container volumes flood the ports.
Volume continues to slide but there was little change in the market over the past seven days.
After two days of flooding, southern California is getting a break. People on the Gulf Coast should be on high alert for the same this weekend.
Capacity is readily available in most regions of the country. Los Angeles has finally cooled off as the tariff deadline gets extended.
Tunnel boring in the U.S. is extremely expensive due to the high labor costs and the inefficiency in boring technology. Elon Musk’s The Boring Company is looking to solve this by bettering boring machinery and envisioning a futuristic underground transit. However, questions on its feasibility still prevail.
Freight activity surged prior to Thanksgiving with help from Los Angeles volume. Drivers returned to the road this week, and carriers have figured out where to position their trucks to alleviate some tightness.
The Panama spread (FBX.PANA) widened last night when Freightos released new container rates for this week: rates from China to the American East Coast (FBX.CNAE) climbed to $3,683, while rates to the West Coast (FBX.CNAW) fell slightly to $2,527.
Ontario California has toppled the Atlanta market, the reigning capital of freight volume in the country. Surging volume is to blame. How long will the elevated volume last?
A surge in freight from Los Angeles has started to inflect the Dallas and Houston freight markets. Meanwhile, Harrisburg, PA’s strong headhaul score makes that Northeast market a diamond in the rough.
The freight market remains slow in most parts of the country except for one. Will it spill into other regions?
