Approximately one-third of deep-sea maritime traffic, previously rerouted due to Houthi militant attacks in the Red Sea, has now resumed utilizing the shorter Red Sea passage. These attacks began in l
by US Shipping Costs Surge as Capacity Tightens and Orders Expedite
United States transportation costs are currently experiencing a significant surge. This upward trend persists despite freight demand not yet reaching boom levels, though it remains robust enough to dr
by Contract Shippers Await Impact of December’s Truckload Rate Surge
US truckload pricing remains in an unsettled state despite a significant surge in spot market rates last December. Currently, contract shippers have not experienced the impact of these higher costs. T