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Low freight rates have persisted, but a market shift is anticipated mid-year. Although seeking the lowest rates to protect margins is understandable, it can lead to compromised service quality, ...
The cost of shipping a 40-foot container (FEU) unit has eased some 15% from record highs above $11,000 touched in September, according to the Freightos FBX index. But before the pandemic, the same ...
Convoy Announces Guaranteed Primary, Lowering the Total Cost of Moving Freight by up to 19% with Guaranteed Capacity Contacts Media Contact: Sam Hallock Corporate Communications Sam.Hallock@convoy ...
Shipping stocks have been on the rise as tensions in the Red Sea have reduced container availability — and have sent freight costs higher. For example: Maersk (MAERSK-A.CO, MAERSK-B.CO) shares ...
The global intermodal freight transportation market is expected to grow at a CAGR of close to 7% during 2018-2022, according to Technavio.
Strategic freight optimization drives efficiency, cost reductions, and supply chain visibilityCOLUMBUS, Ohio, Feb. 19, 2025 (GLOBE NEWSWIRE) -- ODW Logistics (ODW), a leading third-party logistics ...
Extra capacity in global sea freight due to rising interest rates across the world is reducing costs for exporters, enabling them to access markets lost due to major price hikes during the pandemic.
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