
Logistics Market Update April 2024
Market Updates
Logistics Market Update April 2024
Monthly Highlights
Global Air Freight Volumes Blooming as Flower Shipments Take Off
Global air cargo rebounds, driven by flower exports, but Middle East countries still facing a post-Ramadan…

Freight Market Update March 2024
Market Updates
Monthly Highlights
Bridge Collapse Sends Exporters, Retailers Moving to Contain Business Fallout
A bridge collapse near Baltimore disrupted trade, shut down a busy port, and forced the rerouting of shipments, impacting various…

Freight Market Update February 2024
Market Updates
Monthly Highlights
Water Level Projections Threaten Future Panama Canal Transits
Low water levels in the Panama Canal are affecting vessel throughput, especially for chemical tankers and liquefied petroleum gas carriers, causing…

Freight Market Update January 2024
Market Updates
Monthly Highlights
Impact of The Red Sea Crisis On Ocean Freight Shipping is More Rapid than Covid-19
Ocean freight rates surged over 200% in the first 52 days of the Red Sea crisis, surpassing early pandemic increases,…

Freight Market Update November 2023
Market Updates
Monthly Highlights
Biden To Convene New Supply Chain Council To Strengthen US Logistics
President Joe Biden will convene the first meeting of his supply chain resilience council, announcing 30 actions to enhance the production…

Freight Market Update: October 2023
Market Updates
Monthly Highlights
Logistics Companies Grow Cautious on Holiday HiriCargo Consolidators Shift to FCL Amid Changing Global Market Dynamicsng
Cargo consolidators are shifting their focus to Full Container Load (FCL) services as…

Freight Market Update: September 2023
Market Updates
Monthly Highlights
Logistics Companies Grow Cautious on Holiday Hiring
Logistics businesses are approaching holiday employment with caution. Because of worries regarding labor shortages and supply chain disruptions, many organizations…

Freight Market Update: August 2023
Market Updates
Monthly Highlights
Lower The Panama Canal Authority is Imposing Greater Water RestrictionsFreight Rates Entail Carriers Doing More With Less
Due to climate conditions such as El Nino and poor rainfall, the Panama Canal Authority…

Freight Market Update: July 2023
Market Updates
Monthly Highlights
Lower Freight Rates Entail Carriers Doing More With Less
Since 2021, global container freight rates have plummeted, and carriers are doing more with less. As airlines cut expenses, liner consolidation has…

Freight Market Update: June 2023
Market Updates
Monthly Highlights
Retailers Are Attempting To Adjust Their Supply-Chain Projections.
Retailers are actively striving to enhance supply chain forecasting in order to reduce disruptions and better satisfy customer needs. Traditional…

Freight Market Update: May 2023
Market Updates
Monthly Highlights
Growing Freight Fraud is Peeling Millions From the U.S. Shipping Market
Millions of dollars are being lost every year due to freight fraud in the United States shipping market. False pickups, falsified paperwork,…

Freight Market Update: April 2023
Market Updates
Monthly Highlights
Chatbots Are Stepping Toward Supply Chains
Chatbots are increasingly used in supply chain management because they allow businesses to have an automated way of communicating with their suppliers, saving both parties…