The trucking industry last year experienced the highest non-fuel operating costs ever recorded by the American Transportation ...

The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans ...

Liquefied natural gas shipping costs are plummeting as the market grapples with a glut of vessels, a development that could provide relief for gas importers and help pad profits for traders.

Stricter enforcement of the English language proficiency rule is already having an impact on the freight market between the U ...

The average cost per mile for trucking saw a minor decrease to $2.260 in 2024, driven by lower fuel prices. However, non-fuel ...

A steep decline in shipping rates should restrain the acceleration in prices. ... US on-highway diesel prices dropped to $4.96 a gallon on Sept. 19 from a record $5.78 on June 27, ...

Shipping rates for clean tankers and containers have reached nearly $100,000 per day due to disruptions in the Red Sea. The blockage has led to increased freight costs, particularly for oil and ...

Fuel in 2023 was among trucking cost centers to see the biggest decrease from 2022, dropping 8.8 cents per mile. In the first two months of 2024, carriers reported a decrease of 3.1% in fuel costs ...

Previously, sea freight rates on major routes skyrocketed. At one point, the cost of shipping a container to Europe reached US$4,000-5,000, more than double the rates at the end of last year.

The decline dragged Drewry’s composite index, which measures eight container trade lanes, down 7% to $3,279 per feu — ending ...

Artists on record labels must pay the wholesale price for their physical goods and don’t have control over pressing and printing costs, says Paul Steele, executive partner at Triple 8 Management.