Ocean Rate Concerns as Orders for New Container Ships Near 40% of Global Fleet

There is now a risk of container shipping oversupply, with new vessel orders approaching 40% of the existing global fleet. If capacity growth outpaces demand, the influx of new ships could put downward pressure on ocean freight rates. Read more.

Border Crackdown Curbs Cabotage Violations by Foreign Truckers

A crackdown has begun on foreign trucks conducting unauthorized domestic (cabotage) operations across the U.S.-Canada border, aimed at enforcing existing rules and protecting the domestic trucking market. View now.

Container Freight Rates Rise 4% As Transpacific Demand Stays Strong

There is now risk of higher container freight rates, driven by strong transpacific demand and tighter vessel capacity as carriers limit sailings. Read on.

Ports of Los Angeles, Long Beach to Boost Clean Energy Incentives

The ports of Los Angeles and Long Beach are increasing incentives for cleaner ships and zero-emission trucks, including a $20 million investment in electric truck charging infrastructure, to reduce port emissions. View article.

Driver Shortages, Booming Exports Reshape US-Mexico Freight Market

Strong U.S.-Mexico trade growth is driving freight demand, while driver shortages, tighter border enforcement and infrastructure constraints are limiting trucking capacity and supporting higher rates. Read now.

U.S. Consumer Confidence Falls, with Gas Stuck Above $4

The decline in U.S. consumer confidence signals growing concerns about the economy, with weaker sentiment potentially weighing on consumer spending and overall economic growth. View more.