Container trade economics – what to look for now
Making sense of a fools’ game
Shippers are fearing for their bottom lines amid claims the US truck driver shortage will intensify after a year in which hurricanes and high demand drove up rates.
Online forwarder iContainers said rates had soared for long-distance trucking across the country, with an “unexpected rough” winter in southern states compounding the problem.
Tyson Foods told Transport Topics it expected to pay an extra $200m in transport costs this year, while Kellogg’s said it was accounting for a 10% increase.
In trucking, carriers have reportedly ...
European port congestion now at five-to-six days, and getting worse
Keep our news independent, by supporting The Loadstar
Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
Carriers react quickly to transpac demand surge, but rates remain muted
ONE opts for South Korean newbuilds to avoid hefty US port fees
Crew saved as MSC box ship, hit by 'monsoon' off Indian coast, sinks
Legal challenges for tariffs and de minimis, as EU eyes new ecommerce rules
Comment on this article