Plus: Chattanooga floods close I-24 and stall freight, LA port hits its highest monthly volume in 117 years, July sees another spike in trucking bankruptcies, and more.
Funny Freight Friday: You heard him- sing!
Bankruptcy filings and closures are mounting in trucking as tight lending and “zombie carriers” keep rates low, delaying the market correction and prolonging a multi-year freight recession.
The Port of Los Angeles hit record volumes in July as shippers raced to beat tariff deadlines
Tariff pressure shifts freight to major U.S. ports as importers turn to supply chain finance. Smaller ports and key sectors face mounting strain.
Port of Los Angeles sets June cargo record amid tariff-driven frontloading, with forecasts warning of steep drop post-August.
Port of Los Angeles cargo volumes fell 5% in May due to rising tariffs.
U.S. ports posted strong April container volumes as importers rushed shipments ahead of tariffs. A slowdown is expected.
The Port of Los Angeles saw a 30% drop in inbound shipments in early May following new Trump-era tariffs. Port leaders warn trade uncertainty is disrupting U.S. cargo flows.
The looming US East Coast port strike could disrupt 550,000 TEUs weekly, prompting shippers to turn to Canadian ports as a potential alternative.
ILA union threatens Oct 1 strike, risking 43% of U.S. imports. Businesses worry as billions in daily trade hang in the balance.
U.S. ports report record July container volumes driven by early holiday shipping, with Los Angeles and Long Beach leading gains.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
The Port of Los Angeles processed 752,893 20-foot equivalent units for the month of May. A 3% decline from the 779,140 moved around this time a year ago.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
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