Global shipping giant Maersk is currently passing its substantial monthly fuel bill, amounting to $500 million, directly to its customers. This strategy ensures the carrier fully recovers these signif
by Rising Diesel Costs Prompt Strategic Shifts for US Truck Shippers
US truck shippers are grappling with the sustained prospect of escalating diesel costs and associated fuel surcharges. This economic pressure compels them to fundamentally re-evaluate their freight tr
by Rail Sector Gains Momentum as Shippers Prioritize Cost Savings
CSX is currently reporting a notable increase in its shipping volume. This uptick stems directly from a significant rise in companies converting their freight transportation from trucks to rail. The s
by U.S. LTL Market Stabilizes Amid Rising Costs
The U.S. Less-Than-Truckload (LTL) market sees freight volumes return and signs of stabilization. This trend, alongside climbing pricing and fuel costs, sets the stage for potential price and profit i
by Amazon Implements New Surcharge on Fulfillment Services
Amazon will implement a new 3.5% fuel and logistics surcharge across its fulfillment services. This measure translates to an average increase of $0.17 per unit for U.S. Fulfillment by Amazon (FBA) ser
by Update: Jump in diesel prices alone not enough to boost intermodal fortunes – analyst
Title: Intermodal Success Requires More Than Just Rising Fuel Prices, Analyst Notes
For years, escalating diesel costs have consistently offered a notable advantage to the intermodal transport sector.
by Update: Norfolk Southern says higher fuel costs could spur intermodal volumes
Title: Norfolk Southern Predicts Fuel Costs Will Influence Rail Business
Norfolk Southern CEO Mark George has outlined the company’s projections regarding the impact of escalating fuel costs on its op
by Diesel Prices Surge Amid Geopolitical Tensions
U.S. diesel prices have climbed significantly this week, with per-gallon costs now surpassing $5 across all major regions. The national average has exceeded $5.38. This surge introduces considerable p