New Year Brings New Challenges for the Container Market

New Year Brings New Challenges for the Container Market

Drewry’s WCI Asia-North Europe index recorded a 10% increase in the spot rate reading from pre-Christmas levels yet, export demand to North Europe ahead of the Chinese Lunar New Year (CNY) remains dampened and that is expected to continue post-holiday. Lars Jensen,...
Pricing discipline’ to temper US LTL rate relief in 2023

Pricing discipline’ to temper US LTL rate relief in 2023

The big picture: The past two years have been called a “golden age” for US less-than-truckload (LTL) operators, but shippers would describe the period — marked by double-digit percentage rate increases, service disruptions, and labor shortages — in less favorable...
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