Archive for the ‘Uncategorized’ Category

Most of the nation’s ports report strong July

Most of the nation’s largest seaports are reporting record cargo volume amid stalled trade negotiations between the United States and China. The Port of Los Angeles, the nation’s busiest, set a new single-month cargo record for the fourth consecutive month.

Shippers Turn to Transportation to Reduce Emissions

In an increasingly environmentally conscious world, many companies are adopting more sustainable transportation methods to reduce their carbon footprints. And for good reason — cars, trucks, aircraft and other forms of transportation account for more greenhouse gas emissions than any other source, according to the U.S. Environmental Protection Agency.

South Texas powers another week of rising truckload volumes

Outbound tender volumes (OTVI.USA) finished this week up 4.99 percent year-over-year. South Texas led the climb with both Houston and Laredo posting strong double-digit weekly increases. OTVI began the week with a strong start before dipping late Thursday, diminishing the weekly gains. Overall, tendered truckload volumes increased 1.45 percent this week. The OTVI index also […]

Temperature-controlled products heat up air cargo demand

With news of July being the hottest on record, it seemed fitting that we take a look at temperature-controlled air cargo. Indeed, a number of freight forwarders noted in recent earnings reports that temperature-controlled volumes were a bright spot in an otherwise disappointing first half of the year for air cargo.

ATA Freight Forecast Predicts 25.6% Growth by 2030

Freight tonnage is projected to increase 25.6% by 2030 according to American Trucking Associations’ Freight Transportation Forecast: 2019 to 2030. Annual tonnage is expected to grow to more than 20.5 billion tons by 2030, and with it, revenue is expected to jump almost 54% to $1.6 trillion.

US consumer sentiment for August comes in well below estimates

U.S. consumer sentiment fell to 92.1 in August, the lowest indicator readout since the start of 2019, according to data released Friday. The dip points to further uncertainty in the U.S. economy, as consumers navigate wild market swings and a constantly shifting trade environment.