European shippers and transport companies are bracing for a potential slowdown in trade and higher costs after Britons voted to leave the European Union.
Global population growth and a gradually weakening dollar point to a robust trade in commodities.
Inventory destocking is likely under way, but the process will probably be slow.
Shipment volumes climbed in May, but not enough to pull transport providers out of a deep year-over-year hole.
The U.K.’s transport sector is on tenterhooks as deeply divided Britons prepare to cast an historic vote Thursday on whether to remain in or leave the European Union.
Latin America’s demand for polyethylene, the key raw material for plastics production, is forecast to rise sharply.
Containerized imports are expected to spike in the fall.
Less-than-truckload shipments only inched upward in May.
Higher U.S. diesel prices and fuel surcharges may threaten transportation savings.
Commodities traditionally dominate U.S. containerized exports in terms of volume, but the stars are rarely aligned for U.S. exporters.