Monthly market data suggests the for-hire trucking economy is improving. Freight rates and volumes continued making year-over-year gains in October, following September’s milestone rate improvements.
Genco Shipping has strong operating leverage to freight rates, with earnings closely tied to dry bulk cycles and spot market exposure. Freight rates may see near-term support from geopolitical ...
For-hire trucking’s September market data paints an attractive picture. The market upturn is near—if not already here. Average contract and spot rates hit milestone improvements not seen in a long ...
Are you choosing Less-Than-Truckload (LTL) for your next shipment booking? If so, you’ve come to the right place! We understand that you want the LTL freight rates to be as low as possible without ...
Freight Right reports ocean freight rates have doubled since March, driven by reduced vessel capacity and tight shipping space, signaling upcoming challenges for importers.
Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...
LONDON & NEW YORK & AMSTERDAM--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced that Worldscale Association Ltd ...
Ocean spot freight rates increased by double digits this week as ocean carriers tack on more emergency fuel surcharges and begin setting up peak season surcharges, even as China intensifies regulatory ...