I’m kind of backed into a wall where I have to go with it, even though I don’t really agree with it’ Rachel PremackThursday, September 15, 2022 4 minutes read Everyday Americans rejoiced Thursday morning when they learned a “disastrous” rail strike would be averted. President Joe Biden announced that rail companies and rail workers’ unions had come to […]
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US shippers feel the pain as rail and road freight rates soar
By Ian Putzger, Americas correspondent 24/09/2020, The Loadstar US importers and domestic shippers are facing more pain from increasing road and rail freight rates. The surge of imports that has flooded US west coast container gateways has so far failed to return intermodal volumes to last year’s levels, but rates have soared. On US roads, the picture […]
Shippers’ ocean freight budgets ‘about to explode’ as rates hit new highs
By Mike Wackett 28/08/2020 Ocean freight budgets for shipments from Asia to the US and Europe are going through the roof as carriers prepare yet another round of freight rate increases. Today’s Shanghai Containerized Freight Index (SCFI) recorded further gains for the transpacific and Asia-Europe tradelanes, taking its combined reading up another 7% for the week, to […]
COVID-19 Freight Update: US ports, warehouses stay open
As the impact of the coronavirus disease 2019 (COVID-19) deepens in the United States, major ports, warehouses, and freight transportation providers are telling customers they will remain open as they are deemed essential services by the government. Essential staff supporting the ports of Los Angeles and Long Beach, including longshore workers and drayage drivers, for […]