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

In 2024, the average cost of operating a truck was $2.26 per mile, a 0.4 percent decline compared to 2023, according to a ...

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

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 ...

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 ...

Tariffs and economic uncertainty slowed down North American freight in April, marking the largest year-over-year decline in ...

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 ...

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

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 ...

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.