Freight Market

Personnel Shift Causes Freight Crunch at US-Mexico Border

Truckers importing from Mexico into the United States are experiencing severe delays and increased wait-times after the U.S. drastically reduced the number of Customs and Border Protection (CBP) personnel handling Mexican border crossings, reassigning them to assist with the processing of illegal immigrants.  Citing a “large scale surge of migrants [...]

2019-04-24T15:38:19+00:00April 24th, 2019|Domestic, Export, Freight Market, Import|

Is the Truck Driver Shortage Real? Study Questions Industry

If domestic carriers are the bloodlines of American commerce, why has this industry found it so difficult to attract and retain drivers to service U.S. supply chains?  And, were the higher trucking rates in 2018 reflective of this driver shortage? The American Trucking Association (ATA) has pointed to an ongoing [...]

2019-04-18T18:53:29+00:00April 18th, 2019|Domestic, Freight Market, Shipping News|

May Accepts October 31 BREXIT Extension

The European Union (EU) has agreed to delay the United Kingdom’s departure from the EU until October 31, 2019. The decision avoids a political crisis days after Britain’s Prime Minister, Theresa May, failed to come to an agreement with Parliament on a BREXIT strategy. May has voiced her desire for [...]

2019-04-11T14:13:23+00:00April 11th, 2019|Export, Freight Market, Import, Shipping News|

BREXIT’s Failure to Launch, May Seeks More Time

Today, a besieged UK Prime Minister, Theresa May, announced intentions to seek a further extension for Britain’s exit from the European Union (EU).  May has already declared to implement any deal that was agreed to by the majority of UK Parliament, even agreeing to meet and compromise with the opposition’s [...]

2019-04-03T20:23:46+00:00April 3rd, 2019|Freight Market, Industry Spotlight|

Fires force Houston Ship Channel to Close for Cleanup

More than 60 ships remain stranded in the Houston Ship Channel this morning as emergency responders look to skim gasoline ingredients from the waterway from a fire that occurred on March 18th. The region’s worst chemical disaster in 14 years occurred after three tanks at an Intercontinental Terminals Co.’s (ITC) [...]

2019-03-25T16:32:42+00:00March 25th, 2019|Freight Market, Shipping News|

Top 3 Reasons for Air Cargo Congestion & Delays

Airfreight has always served as one of the truest gauges of supply chain velocity and confidence.  Moving fast, most air shipments can be delivered within days, depending on the level of service purchased. But is that confidence waning for shippers experiencing increased costs and reduced quality of service?  Major airports [...]

2019-03-11T18:09:34+00:00March 11th, 2019|Export, Freight Market, Import|

USTR Report Highlights China’s Failed WTO Commitments as Tariff Deadline Approaches

The U.S.-China trade dispute has seeped into 2019 and shippers are watching closely as the March 1st tariff deadline approaches.  Back in December, the United States and China called a 90-day truce on the escalating tariff war as the two economic powerhouses negotiated on a range of trade issues spurred by [...]

2019-02-06T16:39:17+00:00February 6th, 2019|Customs, Freight Market, Shipping News|

Winter Storm Jaden brings Chicago Freight to a Grinding Halt

A winter storm warning is still in effect through January 31st after Winter Storm Jaden brought up-to six inches of snow from the Michigan Peninsula down through Missouri. With wind chills values 30 to 60 degrees below zero, the trucking industry has stalled operations with interline services, like Norfolk Southern, [...]

2019-01-30T14:49:55+00:00January 30th, 2019|Freight Market, Shipping News|

2019 Freight Contracts Won’t Escape Low Sulfur Fuel Mandate

Marked by blanked sailings, the weeks before and after the Lunar New Year have historically helped build demand after peak, holiday shipping.  But in 2019, demand has been strong.  So strong, that rates to both U.S. coasts have risen by double-digit percentages. Granted, this has mostly been strategic inventory front-loading in [...]

2019-01-29T12:53:02+00:00January 28th, 2019|Freight Market, Import, Shipping News|

Los Angeles, Long Beach Port Congestion Persists into 2019

For the third consecutive month, U.S. shippers should be prepared to deal with ongoing congestion, delays and equipment shortages that have been plaguing the Los Angeles-Long Beach Port complex. The cause of the extreme gridlock and increasing dwell times is due to the unparalleled surge in imports, backlogs from weather [...]

2019-01-28T20:54:58+00:00January 21st, 2019|Export, Freight Market, Import|
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