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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The end result of the loss of propulsion was the ship crashing into the bridge. mile-long span. An estimated 11.5 An estimated 11.5

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April 9, 2024 Update

Freightos

More Resources Home April 9, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices fell 7% to $1.87/kg.

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April 2, 2024 Update

Freightos

More Resources Home April 2, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Baltimore is the largest US port for vehicle imports and exports.

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May 1, 2024 Update

Freightos

More Resources Home May 1, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 23% to $4.37/kg.

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L.A. freight gets a tailwind from hurricanes and typhoons

DAT Solutions

West Coast van freight heated up last week, especially in the Los Angeles market. In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freight away from Hurricane Florence. Cargo ships were re-routed or delayed en route to and from ports from Savannah to Baltimore. Blame the weather.

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Reefer Freight Adjusts to Post-Holidays, Post-ELD

DAT Solutions

The demand for refrigerated trailers peaked at year-end, but the extra-cold weather in many parts of the country has kept prices at record-setting levels in many areas, since those trailers are being used to keep freight from freezing. Reefer capacity is still tight, as the industry continues to adjust to the ELD mandate.

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

We got a welcomed surge of spot market freight to close out July. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. RISING LANES.

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