It’s time to close the chapter on sky-high shipping rates
The steep decline of ocean container shipping rates has escalated over the past week, dropping 20% from the week previous.
Spot market rate decreases may indicate your fleet should revisit accounting practices
Carriers should be prepared to reevaluate profitability on every lane their trucks take amid dropping spot rates.
Spot freight rates expected to continue climbing into 2023 due to port congestion
All around the globe, port congestion riddled the supply chain with stressors.