Free Newsletter
Trucking rates continue to fall, but when will they bottom out?
As demand for goods continues to dip across the U.S., truckers have also slowed down in time for what’s usually considered peak season.
Trucking giant C.H. Robinson lays off 650 as freight market cools
Minnesota-based trucking and logistics giant C.H. Robinson has laid off 650 workers.
As orders plummet, Vietnam factories may close for over a month for Lunar New Year
As furniture orders for Vietnam factories fell to a 13-month low in October, an extended closure over Lunar New Year is all but confirmed.
Imports stabilize in October after double-digit September decline
After steep 12.4% drop in September compared with August, U.S. imports seemed to stabilize in October, falling just 0.2%.
Maersk offers overstocked retailers an option for slower freight arrival
Danish shipping giant Maersk is offering importers the option to intentionally slow down their ocean freight.
Port Houston adds fees to containers left unloaded for too long
Port Houston will implement a “sustained import dwell fee” starting Dec. 1.
Trucking giant XPO Logistics puts up mixed numbers for Q3; remains bullish
Trucking giant XPO Logistics reported a sales decline for the third quarter; other metrics improve.
Mexico ‘not as good of a deal’ as it once was, say two furniture suppliers
Two case goods suppliers are much less optimistic on Mexico as they once were, with one opting to pause all operations in the country indefinitely.