OOIDA wants truck drivers’ feedback on freight rates. An online survey is available and can be completed anonymously.
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
The newly released STB Annual Rail Rate Index Study (Study) summarizes trends in freight rail rates between 1985 and 2019. The Study shows that inflation-adjusted Real Rail Rates have decreased 27% ...
An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...
Freight rates for crude oil carriers extended a climb that followed the U.S. federal government’s decision to impose fresh sanctions targeting Russia’s energy industry, with a special focus on tankers ...