Transportation Job Losses, OSRA-22 Congestion Fee Investigations, and More Supply Chain News
This week: The FMC begins an investigation into carrier’s potentially unreasonable surcharges sent to shippers Spot truckload rates rise on the East Coast as they drop on the West Coast February US import projections reach their lowest levels since May 2020 Import...
East Coast Container Imports, Trans-Pacific Schedule Reliability, New USMCA Ruling, and More
This week: After the import surges of 2022 and the transition of cargo to East Coast ports, the East Coast is still seeing elevated cargo volumes while the West Coast dips back to pre-pandemic volumes Trans-Pacific schedule reliability to continue improving through...
Chinese COVID-19 Cases affect Factories, Ocean Freight Capacity Cuts, and More
This week: Chinese government removes zero-COVID policy mandates, leading to spikes in COVID cases that now affect factory performance Trucking prices are likely to fall as truckload capacity remains strong into 2023 Chinese Lunar New Year blank sailings will lead...
US Import Declines, Low Warehouse Vacancy Rates, Diesel Prices, and More
This week: Forecasts indicate that the start of 2023 will see double-digit US import declines compared to 2022 Conflicting opinions on the strength and direction of the diesel market create uncertainty Warehouse vacancy rates to stay low through 2023, supporting...