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The post FreightWaves Infographics: China port explosion snarls trans-Pacific container trade appeared first on FreightWaves.
The post FreightWaves Infographics: China port explosion snarls trans-Pacific container trade appeared first on FreightWaves.
Chart of the Week: National Truckload Index Linehaul Only, Outbound Tender Rejection Index – USA SONAR: NTIL.USA, OTRI.USA The average dry van truckload spot rate excluding the estimated cost of fuel (NTIL) has increased 4.2% since the end of April, while carrier contracted load rejection rates are still near all-time lows. While overall capacity is still extremely loose,…
A massive technology outage Friday morning caused widespread disruptions across industries, but it’s mostly business as usual at America’s ports. The global outage grounded flights and impacted local governments and a variety of companies. Cybersecurity firm CrowdStrike said a defect in a content update for Windows, not a security incident or cyberattack, caused the outage….
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To view more FreightWaves infographics, click here The post FreightWaves Infographics: US imposes tariffs on Chinese steel shipped through Mexico appeared first on FreightWaves.
J.J. Schickel, CEO of Omni Logistics, is not going to join the combined Forward Air-Omni Logistics, but he will remain as a shareholder. In an email sent to Forward Air-Omni employees Saturday and confirmed by a spokesman for Forward (NASDAQ: FWRD), Forward chairman and CEO Tom Schmitt said Schickel had “chosen not to continue as…
Demand and rates for airfreight transportation continue to soar through the normally soft summer season, powered by the unrelenting strength of e-commerce fulfillment from China and shippers pulling forward orders for the winter holidays to protect against rising costs, capacity shortages and worsening ocean shipping delays. Air cargo volumes remain elevated from major Asian and…