19 Feb
The recent uptick in tanker rates has caught the attention of the oil market, with concerns over the ongoing Red Sea crisis driving up rates and raising the floor for
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15 Feb
The trend of subleasing is on the rise as businesses scale down the storage expansions initiated during the pandemic. Retailers and their suppliers are not only reducing their stock levels
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13 Feb
Mid-size importers in the trans-Pacific trade lane are bracing for higher rates in their 2024-25 service contracts as carriers struggle with rising costs and a volatile security situation in the
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08 Feb
Navigating the Turmoil: The Impact of a Prolonged Freight Slump on the Logistics Technology Industry
The logistics technology industry is feeling the effects of a prolonged freight slump, with companies tightening their belts and shedding staff in an effort to stay afloat until 2024. Major
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07 Feb
A recent supply chain report shows that transportation prices have finally flipped to expansion after 19 months of contraction. This is a positive sign for the industry, as all eight
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05 Feb
FMC Announces Hearing Agenda on Maritime Security Risks February 2, 2024 The Federal Maritime Commission is set to conduct a hearing with testimonials from representatives of shipping, carrier, and port
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02 Feb
The Red Sea is a major ocean route that connects Europe with the Far East. However, due to recent attacks on vessels in the Red Sea, shippers are now looking
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01 Feb
IATA recently released data for global air freight markets, showing a strong rebound in demand in 2023 despite economic uncertainties. The fourth quarter of 2023 was particularly strong, and overall
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31 Jan
Ocean Freight Shipping Rates Forecast to Rise Further in February In a recent press release, Xeneta, the leading ocean freight shipping rate benchmarking and intelligence platform, reported that ocean freight
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