by hasim | Dec 5, 2022 | Articles
The eastbound trans-Pacific trade in the next few months will face a “hard landing” marked by declining freight volumes and spot rates, with a recovery occurring by peak season 2023 at the earliest, according to Lars Jensen, CEO of consultancy Vespucci Maritime and a...
by hasim | Nov 30, 2022 | Articles
Rail shippers confident Congress will avert strike A collection of trade groups representing railroads and their shipper customers expressed confidence Tuesday that Congress will pass legislation to avert a crippling rail strike before Dec. 9, urging bipartisan...
by hasim | Nov 28, 2022 | Articles
We are about to face a railroad strike. It’s significant because railroad strikes have crippled the country in the past. There were strikes in 1877, 1894, 1916, 1922, 1928, 1945-46, 1968*, 1980*, 2005*, (*= NYC), 1991, and 1992(CSX -0.2%). As noted, three of the...
by hasim | Nov 14, 2022 | Articles
America and China remain intimately intertwined via trade despite worsening tensions over Taiwan and the Russia-Ukraine war. More than a third of all U.S. containerized imports arrive from China. More than a sixth of China’s export value derives from U.S. purchases....
by hasim | Aug 23, 2022 | Articles
A recent analysis from Forrester forecasts that by 2027, online retail sales in the United States will have reached $1.6 trillion, with total retail sales expected to reach the $5.5 trillion mark. In addition, the company predicts that this year will witness online...
by hasim | Aug 17, 2022 | Articles
Truck capacity may be easing in some markets or in some lanes, but it is not abundant universally, and constraints on the addition of new capacity will keep pressure on U.S. contract transportation rates despite the spot market price correction this spring, speakers...
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