News & Resources

Mexico 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…

Transportation 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,…

Legacy 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…

As 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,…

December 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…

The volume of cargo containers handled at the major U.S. seaports can serve as an indicator of the country’s economic and commercial health. In 2022, maritime gateways accounted for 40% of international freight value, making port volumes a useful barometer…

Convoy Inc., a digital freight brokerage company, experienced a dramatic downfall from a valuation of approximately $3.8 billion in the first quarter of 2022 to going out of business in a little over 18 months. Most of its employees were…

The European Union has set forth an ambitious goal of achieving carbon neutrality by 2050, with an interim objective to reduce emissions by 55% by 2030. The EU’s’s Emission Trading System (EU ETS) has emerged as the world’s largest emissions…

A recent Q3 shipper survey indicates that the freight industry remains uncertain in its forecast outlook. As excess inventories have decreased, careful inventory management by major retailers has lessened the need for restocking ahead of the holiday season. Meanwhile, Shippers’…