News

The trucking industry last year experienced the highest non-fuel operating costs ever recorded by the American Transportation ...
The QTA says the transport industry is experiencing a ‘drive to the bottom’, with cost of living pressure pushing to cut ...
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.
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 ...
Stricter enforcement of the English language proficiency rule is already having an impact on the freight market between the U ...
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, ...
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 average cost per mile for trucking saw a minor decrease to $2.260 in 2024, driven by lower fuel prices. However, non-fuel ...
The decline dragged Drewry’s composite index, which measures eight container trade lanes, down 7% to $3,279 per feu — ending ...
Tariffs and economic uncertainty slowed down North American freight in April, marking the largest year-over-year decline in ...