A trucking strategy that boomed during pandemic shocks is hot again

Containers are loaded from freight trains onto trucks.  Picture Alliance | Picture Alliance | Getty Images A logistics strategy called transloading, used by trucking companies during the pandemic to ease the container backlog, is increasing in popularity again after U.S. West Coast ports have started to receive higher volumes of containers that are being diverted … Read more

Weak demand leads to China-US freight rate cuts despite Red Sea crisis

Cargo ships dock at the Longtan Container Terminal of Nanjing Port to load and unload containers in Nanjing, Jiangsu province, China, Sept 6, 2023. Nurphoto | Nurphoto | Getty Images A slowdown in demand for products manufactured in Asia has ocean carriers reducing freight rates on shipping routes from China to the West Coast and … Read more

Shippers divert $35 billion in cargo from Red Sea

Loaded containers stacked on top of a cargo ship sailing in a canal on Janvier 20, 2017 in Suez Canal, Red sea, Egypt.  Camille Delbos | Corbis News | Getty Images So far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they face the threat of … Read more