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Most operational costs in for-hire trucking continued to climb in 2024 while rates stagnated, pushing margins down, according ...
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.
LNG carrier rates hit an all-time high on Tuesday, driven by growing prompt demand for gas in Europe as the continent tries to procure supply ahead of the winter. The freight rate to charter an ...
Rising costs collided with depressed freight rates, according to ATRI’s latest operational costs of trucking benchmarking ...
The average cost per mile for trucking saw a minor decrease to $2.260 in 2024, driven by lower fuel prices. However, non-fuel ...
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The cost of shipping freight containers across the Pacific Ocean has cooled from record highs hit during the pandemic, when demand for goods manufactured in Asia outstripped supply.
After first cresting the $2 per mile mark in 2022, the overall marginal costs of operating a truck hit a new record $2.270 per mile in 2023. Cost per mile has climbed 62.4 cents since 2020.
The outlook for Asia trade agreements is improving, which is more than can be said for container rates on the eastbound trans ...
Daily freight rates to ship liquefied natural gas are at a record high, and prices are expected to climb further as winter approaches. Spot rates for ships commonly used to transport LNG are at ...
Similarly, shipping rates to the US rose to $6,000-7,000 for a container. Transport costs per container to closer destinations including China, Japan, South Korea and Southeast Asia increased by ...
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