Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
This isn’t the freight recovery we were promised… and Q1 earnings make that painfully clear.
In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
February's U.S. container imports dip yet highlight a solid year-over-year growth. Amid global shifts, the freight market faces mixed fortunes.
February threw a curveball in U.S. container import volumes, dipping 6% from January but still marking a 23.3% year-over-year increase with 2.14 million TEUs. This seemingly robust growth, however, comes with a grain of salt due to timing shifts in the Chinese Lunar New Year, skewing comparisons. When adjusting for the holiday, the real growth stands at a solid 13%, reflecting a post-pandemic resurgence.
Despite these fluctuations, February saw shifts in the global supply chain landscape:
With maritime imports showing growth compared to pre-pandemic levels and Mexico's ascent as a trade powerhouse, the U.S. freight market stands at a crossroads. As it navigates through looming global uncertainties, the resilience of consumer demand and manufacturing outputs will be key to sustaining import growth. Yet, with global risks ever-present, a cautious outlook remains key.
Source: FreightWaves | Descartes
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.
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