Transportation

Import volumes and growth rates were robust in May nationwide. Here is an updated view on TEU data and local…

Trans-Pacific ocean freight spot rates have pulled back in absolute terms and relative to long-term contract rates as bottom-line pressure…

The build up of inventories due to the bullwhip effect in retail order patterns coupled with declining consumer demand are…

The German United Service Union (ver.di) called on employees to go on a warning strike as the negotiations with the…

Import volumes remained strong in May.  The forward-looking outlook is mixed with Shanghai reopening, approaching peak season, existing inventories, and…

The ILWU and PMA met with President Biden and provided a public update on contract negotiations reinforcing their commitment to…

Recent data shows a significant downturn in US import volumes in aggregate and ex China.  Rising inventories and inflation point…

Air carriers are beefing up transatlantic fight schedules to meet traveler demand as Covid restrictions have eased, yielding year-over-year rate…

Beginning June 1, Shanghai authorities will begin lifting Covid lockdown measures that have massively disrupted civic and business activity since…

After two months of lockdown in several Chinese cities, reopening is expected to push freight rates higher, though variable demand…