For three years, a quiet downturn in freight shipping has cost the U.S. trucking sector billions of dollars. This slump ...

Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...

Ocean shipping rates have been surging in recent months. The diversion of container ships out of the Red Sea, a rush of early orders and bad weather have combined to double or triple prices. Those ...

The freight market is emerging from a prolonged recession, with key indicators pointing towards a robust recovery. Rising tender rejections and spot rates signal a shift in market dynamics, giving ...

Freight Right Global Logistics reports China-US shipping rates stabilize lower as December bookings slow, reflecting changes in global trade dynamics.

Ship diversions from the Red Sea helped push up container freight rates by roughly 30% in the past couple of weeks, with costs for importers set to rise further as they boost their volumes ahead of ...

LNG tanker freight rates have surged dramatically, with Atlantic rates increasing over 50% in one week, driven by the approaching Northern Hemisphere winter, tight vessel supply, and logistical delays ...

Less-than-truckload (LTL) carriers play a critical role in logistics. They efficiently move goods from various locations to destinations, often through a network of terminals and hubs. LTL trucking ...

MOSCOW, March 26 (Reuters) - Freight rates for Russian oil supplies from its Baltic ports to India are declining from recent record highs amid an increase in offers from Western shipowners after Urals ...

The Chinese e-commerce sites ship the equivalent of 88 Boeing 777 freighters of cargo worldwide every day. The vast volume has sent air freight rates through the roof, but the two companies have been ...