An unexpectedly large drop in spot market capacity last week during the annual “Roadcheck” program pushed dry-van and refrigerated spot rates up for the first time since January, according to DAT.
United States
United States
Press Releases
24 May 2022
Norfolk Southern Railway is hopeful that intermodal service in Jacksonville, which has been inconsistent since January 2021, will improve as damaged cranes are repaired in the next two months.
23 May 2022
US Labor Department data that includes contract rates shows no drop in overall truck pricing in April, despite a truckload spot market rate plunge.
23 May 2022
Coastwide contract negotiations between the ILWU and West Coast waterfront employers have been put on hold, although individual committee meetings on specific issues such as worker safety will continue.
23 May 2022
Walmart remained atop the list of the 100 largest US importers by a wide margin in 2021, while Koch Industries retained the No. 1 export spot.
20 May 2022
For some US retailers, inventories are too high, but others are steadily building stockpiles to mitigate supply chain risks ahead of the year-end holidays, keeping freight demand high.
20 May 2022
Norfolk Southern Railway is reducing service on 120 international intermodal lanes to simplify its network and improve service, but some companies are worried it will harm exporters and chassis supply.
20 May 2022
The ILWU wants to temporarily suspend contract talks with West Coast waterfront employers, according to sources, with one saying little progress has been made since negotiations began May 10.
19 May 2022
China continues to hold the largest share of US imports despite years of retaliatory tariffs and the ongoing efforts of US importers to diversify their sourcing to countries such as Vietnam, India, and Brazil.
19 May 2022
The container ship orderbook currently stands at 26.7 percent of the global fleet, with much of the new capacity to be delivered in 2023 and 2024, but carriers have no intention of allowing the additional supply to undermine rates and profitability.
18 May 2022
COVID-19 lockdowns in Shanghai may not result in a sudden flood of volumes to the US, but the GPA says additional storage capacity at Savannah’s Garden City Terminal and pop-up storage sites will allow it to handle any unexpected spikes.
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Apr 19, 2022 2:00PM EDT
Speakers:
Bob Andrews, Senior Vice President, CenterPoint Properties
