Just as the Federal Reserve and U.S. economy get good news on inflation, with consumer prices and wholesale prices softening, a major global trade inflation indicator is headed in the wrong direction.

Importing aftermarket auto parts is rarely a simple cost decision. Some parts move fast and cannot sit out of stock for long. Others are slower-moving, heavier, or easier to plan around. That is why ...

The downward trend in ocean freight volumes that began in 2022 continued last year, with many major ports reporting declines in throughput of containerized cargo. Transport Topics’ updated Top 25 list ...

Ocean freight rates from Asia to the U.S. have begun to decline, providing some relief for U.S. shippers. But cargo shipping costs are still massively up since December 14 when the Red Sea crisis ...

“It looks like this year, July is in fact the peak of peak (season), instead of the beginning,” said Stephanie Loomis, Rhenus Logistics’ head of ocean freight for the Americas. Retailers account for ...

Freightos, the freight booking and payment platform, launched its WebCargo Rate & Quote Ocean capability, allowing freight forwarders to manage rates, quote, and book freight on a single digital ...

Stream NBC 5 for free, 24/7, wherever you are. The current spike in use of air freight is primarily in cargo volumes bound for Europe, as more companies avoid the longer Red Sea diversions around ...

Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a strike threatening to close ...

American importers are getting a rare piece of good news amid worries about tariffs and consumer spending as ocean shipping costs start to sink. The average spot rate to ship a 40-foot container from ...

The Houthi attacks in the Red Sea are not only driving up sea freight — air freights are going to get higher too, as global trade flows get increasingly disrupted. The delays to maritime trade may ...

Since late in 2023, we have seen ocean shipping rates start to increase again, with the global average container rate as of January 11, 2024 at more than $3,000 per 40 foot container, the highest ...

If the latest decrease in rates holds, it would provide some relief for U.S. shippers who have seen ocean freight rates from the Far East to U.S. increase in a general range of 146% (East Coast) to ...