Less-than-truckload (LTL) carriers across the United States are actively expanding their operational networks. This strategic push involves adding new terminals and enlarging existing facilities natio
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US truckload spot rates have now climbed beyond their peak levels recorded during the COVID-19 pandemic. This significant development stems primarily from intense supply pressure within the market. Th
by Middle East Tensions Drive Sustained High Air Cargo Rates on Asia-Europe Routes
Air cargo rates between Asia and Europe currently remain at elevated levels. This situation primarily stems from the consistent demand on this vital trade corridor, which continues to outstrip the ava
by Hormel Foods Navigates Dual Cost Headwinds
Hormel Foods is currently navigating significant financial headwinds. The company faces considerable cost pressures, primarily stemming from increased transportation expenses and persistently high com
by Contract Reliance Leads to Significant Unused Freight Capacity
A new study commissioned by Freightos has revealed significant inefficiencies within the logistics sector, indicating that a substantial portion of contracted freight capacity remains unused across th