2024 Q1 Freight Landscape: Trends, Challenges, and Predictions
As the first quarter of 2024 comes to an end, here are some observations over the past few months as well as predictions about the trucking and transportation landscape looking forward: 1. Market Normalization: Experts anticipate that 2024 will be…
+ Read Full PostFollowing the recent Baltimore Bridge collapse and subsequent port closures, we want to keep our customers informed about the situation and potential impacts on our supply chain in the coming months. Impact Assessment & Bridge Rebuilding Timeline Passage to and…
+ Read Full PostA growing coalition of 47 countries, including key players like the European Union, Canada, Japan, and various Pacific Island nations, is championing the introduction of a carbon levy on the international shipping sector’s emissions. This movement represents a notable uptick…
+ Read Full PostThe global logistics outlook indicates a lingering crisis mode, requiring adaptation to the new normal of accelerated global disruptions, be it environmental or geopolitical. Industry executives told the Journal of Commerce’s TPM24 conference earlier this week that shippers should be…
+ Read Full PostMexico Surpasses China as Top US Trade Partner New data released earlier this month by the Commerce Department shows that Mexico has surpassed China as the Top US trade partner. In 2023, Mexico became the leading source of goods imported…
+ Read Full PostTransportation prices have grown for the first time in 19 months, with the Logistics Managers’ Index (LMI) rising to 55.6 in January, indicating overall expansion. The increase is attributed to heightened inventory restocking by retailers after a busy holiday season,…
+ Read Full PostLegacy Supply Chain partners with SmartWay as a Carrier Partner to promote sustainable logistics by reducing air pollution & measuring environmental impact. FRANKLIN, IN, UNITED STATES, January 30, 2024 /EINPresswire.com/ — Legacy Supply Chain, an omni-channel North American third-party logistics…
+ Read Full PostAs part of our commitment to keeping you informed, we wanted to share the latest developments in the international freight landscape, particularly regarding preventive measures being taken in the Red Sea. In response to rising security concerns in the Suez Canal,…
+ Read Full PostDecember 5, 2023, 4:00PM Ruth Liao Bloomberg The Panama Canal continues to face tonnage restrictions and a decrease in the number of daily transits, resulting in delays, prompting vessels to choose between paying hefty fees to expedite their passage or…
+ Read Full PostOcean carriers on the Asia-Europe trade route are implementing two rate hikes in December to boost prices before annual contract talks despite excess capacity hampering rate increases. Carriers are aiming for FAK rates between $1,750 and $1,800 per FEU on…
+ Read Full PostAs the first quarter of 2024 comes to an end, here are some observations over the past few months as well as predictions about the trucking...
+ Read moreFollowing the recent Baltimore Bridge collapse and subsequent port closures, we want to keep our customers informed about the situation and...
+ Read moreA growing coalition of 47 countries, including key players like the European Union, Canada, Japan, and various Pacific Island nations, is...
+ Read more