Plus, Flexport announces more layoffs, Hurricane Helene continues to disrupt key lanes, and experts predict truckload carrier rate increase for 2025.
Ari Levy reflects on Coyote Logistics 18-year run as RXO completes the acquisition.
Plus, Carrier411 bans the removal of FreightGuards.
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
Container rates hit new highs, causing shipper worry. With tender rejections in LA hitting 2-year highs, FreightWaves' Craig Fuller is "bullish" on 2H recovery.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
Ocean freight rates are rising due to supply constraints, route changes, and peak season prep. Here’s what’s driving the increases and what to expect next.
After a sharp increase, spot rates from the Far East to the US are declining, following the earlier pattern seen in Europe.
A strong start to 2024: LA and Long Beach ports see cargo boom in January.
Despite Red Sea tensions and canal hiccups, U.S. ports are pulling off some solid cargo numbers.
US ports face new challenges with a surge in West Coast imports and East Coast disruptions due to Red Sea attacks.
U.S. and allies target Houthi rebels in Yemen, responding to threats against cargo ships in the Red Sea.
Maersk indefinitely halts Red Sea operations after a severe attack on Maersk Hangzhou on December 30.
Ocean freight rates hit $10,000 as the Red Sea crisis forces vessel diversions.
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