Blog

Image 19 Jul 2023

Spot Rates Near Pre-Covid Levels

How is current demand affecting freight rates, and in turn, ocean carrier revenues?     Spot rates have plunged from stratospheric highs seen during the COVI

Image 26 Jul 2023

US LTL carriers plan to expand despite market uncertainty

Some of the largest US less-than-truckload (LTL) carriers are adding capacity despite lower freight volumes, existing excess capacity and economic uncertainty. They are opening new facilities or ad

Image 10 Aug 2023

The Hidden World of the LCL Consolidation Market

The practice of consolidation through less than container load (LCL) shipping of cargo - which involves multiple shippers and consignees in a single shipping container - has allowed thous