Dry Van Report: Retail sales continue to fuel demand
Strong retail sales continue to fuel demand for dry van carriers. That trend looks set to continue well into 2022.
Dry Van Report: Covid surge threatens an even bigger container backlog
Just when the West Coast freight market was looking forward to a return to normalcy, the latest omicron surge threatens
Dry Van Report: ‘Returns season’ extends retail freight demand
The National Retail Federation, the world’s largest retail trade association, released their first Economic Review of 2022. This follows their
Early shopping reduced demand normally seen closer to holidays
More than 148 million consumers were estimated to have shopped in-store and online last Saturday. This number is slightly lower
Cargo ships bypass West Coast port congestion
Despite all the media attention on port congestion on the West Coast, total TEU (twenty-foot equivalent unit) container import volumes
Truckload volumes come back strong after Thanksgiving
The American Trucking Associations’ (ATA) For-Hire Truck Tonnage Index increased 0.4% in October after rising 2.2% in September. This makes
High freight volume and spot rates surge all along the West Coast
There’s still a surreal sight of record numbers of ships drifting off the coast of Los Angeles. Vessels are waiting
Warehouse space remains the big challenge for major freight and port markets
The Biden Administration recently announced that Georgia’s Port of Savannah will be able to reallocate $8 million to create five
High consumer confidence means big spending this holiday
The fourth quarter is poised for strong demand for truckload freight, especially in the dry van sector. Persistent consumer demand
Third-quarter performance feels impact of supply chain disruptions
The recently released U.S. Bank Freight Payment Index reported growth, albeit at a slightly slower pace in the third quarter
Port congestion threatens retail shopping season
The American Trucking Association’s (ATA) latest report includes good news on the heavier side of the freight economy. The seasonally
Southern California port congestion spreads north
Peak-shipping season has been creating havoc across supply chains this year. This can be seen by the number of container