Ocean freight charges could slide to pre-pandemic ranges by finish of yr: HSBC

The US economic system is enhancing, however the features in current months haven’t translated into further freight, nor an extra surge in trucking employment.

ILWU Canada threatens strike at Vancouver, Prince Rupert ILWU Canada rank-and-file will vote later this week on whether or not to subject a 72-hour strike discover, elevating the unprecedented prospect of disruption on Canada’s West Coast amid job actions by…

Import cargo quantity on the nation’s main container ports is predicted to start slowly climbing once more this month after February noticed one of many lowest ranges because the starting of the pandemic, in line with the “World Port Tracker” report launched as we speak by the Nationwide Retail…

Doyle abruptly resigns from high job at Maryland Port Administration William Doyle’s departure after three years, introduced to Maryland Port Administration staff Friday in line with native information reviews, got here lower than every week after he obtained three visitors…

Shippers contemplate choices after Yellow misses fee to pension fund The missed fee erases a measure of optimism that existed after collectors, together with the US authorities, final week gave Yellow extra time to resolve its restructuring dispute with the…

An financial indicator monitoring international commerce patterns exhibits the danger of a recessionary interval has grown barely, in mild of declining demand in December for uncooked supplies, commodities, and different parts wanted to present completed items and companies, in accordance with the New…