The Shipping News

Category: News & Announcements

May shipping data showed volatile volumes and rising freight costs

ACT Research’s For-Hire Trucking Index found volumes and supply-demand ratios flat, while freight rates are the highest in years. According to the ACT Research’s (continue reading here…)

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Trans-border freight hit $30 billion in April

Transborder truck shipments between Canada and the U.S. reached US $30 billion in freight in April, representing a 68.7% increase over April 2020, the U.S. Bureau of Transportation Statistics reports. While the year-over-year comparisons are (continue reading here…)

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Pandemic drives sea freight prices to record high

Container shipping prices have reached record highs some 18 months after the outbreak of the coronavirus pandemic which disrupted maritime logistics chains and (continue reading here…)

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West vs. East coasts: The battle for trucking capacity escalates

The nation’s busiest freight markets’ tender volumes have risen to their highest point since the start of 2021. Southern California’s outbound tender volumes have risen by nearly 20% since the middle of May while inbound volumes are relatively (continue reading…).  

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Be proactive to stop cargo theft, expert says

Security tends to be reactive as opposed to proactive and there is no one-size-fits-all solution for companies, says an expert.  Most companies cover the basics and need to examine (continue reading…)  

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Shippers experiencing toughest conditions on record: FTR

  Conditions for U.S. shippers are the worst they’ve been since FTR began (continue reading…)

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Freight slipped 5% in April, falling from March’s all-time high

As May continues, a demand for refrigerated trailers is expected to (continue reading…)

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Container freight rates of Asia-Europe route hitting new highs

Due to the combined effects of strong shipping demand, port delays, and shortage of containers, the spot price of containers continued to rise and reached new highs. Part of the reasons for this price increase is (continue reading…)

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How is COVID-19 affecting trucking?

The trucking world is not immune to any type of shift in the sands, especially one of this magnitude. While the last two weeks have been stable in terms of volume, we are starting to see fluctuations in freight shipments. Essential services are mostly stocked at this time, with the exception of N95 masks, medical […]

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Is the US/Canada border going to close because of Coronavirus?

March 24th Update: The borders of the United States, Mexico and Canada have recently been closed to all non-commercial, non-essential traffic. While the border is technically still staffed and open, these governments are trying to discourage public travel between the three countries in order to slow down any spread of COVID-19. Commercial traffic has not […]

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