The ocean freight sector anticipates a muted peak season this year, a trend largely driven by shippers delaying the finalization of new contracts. This period of hesitation unfolds against a backdrop
by OOCL’s Q4 Downturn Signals Industry Headwinds
OOCL, a prominent subsidiary of Cosco Shipping, recently reported its full-year operating results. A significant downturn during the fourth quarter negatively impacted these financial outcomes. This p
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
by Trump Postpones Tariffs on Wood Imports, Market Uncertainty Persists
President Trump has announced a new delay on tariffs targeting products reliant on wood imports. This decision offers a temporary reprieve for importers of these specific goods, easing immediate cost