The slump at the nation’s ports continued in April as 20-foot-equivalent container (TEU) volumes were down, in some cases by double digits when compared with 2019. The Port of Los Angeles reported a 6.4% year-over-year decrease as it processed 688,999 containers in April compared with 736,465 in the same month a year ago. The facility’s […]
Trucking companies are realigning hiring practices to focus on experienced drivers as the supply of student drivers falls dramatically because of COVID-19. The shift is a direct result of driving schools that have closed and state driver licensing agencies (SDLAs) that have either cut back hours or shut down entirely during the pandemic. This is […]
The freight market is still reeling from the economic mess created by the COVID-19 pandemic, but reefer tender rejection rates have been on the rise since bottoming in late April around 3.8%—now sitting around 5.56%. Dry van rejection rates have yet to make a meaningful movement since bottoming around 2.6% in mid to late April. […]
For many American agricultural product and machinery exporters, the standard 20-foot ocean container is the right size for their shipments. However, depending on where the cargo is located in the U.S., this equipment is becoming increasingly difficult to come by. “There is a simple reason our members who ship both refrigerated and dry cargoes from […]
The Federal Motor Carrier Safety Administration has expanded its COVID-19 emergency declaration to allow examiners to conduct commercial driver license skills tests without being physically in the truck, using such technologies as in-cab cameras, online testing and cellphones.
North American rail volumes have fallen both week-over-week and year-over-year in the face of the coronavirus pandemic. The fall comes as nonessential businesses close up shop and consumers become less inclined to spend money in light of a likely recession. Still, North American railroad leaders believe that the industry is resilient and have reported ongoing demand for […]
The “snapback” in freight markets is going to be hard and fast, driven by tighter capacity as drivers leave the current falling market, according to the chief economist of the leading third-party logistics providers’ (3PLs) trade association.
Under authority of the White House, Customs and Border Protection (CBP) will allow U.S. importers of certain goods to defer their payments of duties, taxes and fees for the next 90 days, starting April 20. The temporary duty deferment was included in an executive order signed by President Trump on Friday, April 17, to help American businesses […]
A monster economic hurricane has suddenly stalled indefinitely over each of the Caribbean islands simultaneously. Coronavirus deaths remain relatively low here — it’s not yet a pandemic hotspot — but financial fallout is potentially catastrophic due to the region’s reliance on tourism. “Coronavirus has had a huge effect on the Caribbean. It’s not immune. It’s getting rocked, […]
Although terminal operators at US ports acknowledge operations are fluid now, an expected spike in imports beginning mid-May has prompted them to begin offering on-terminal storage space for laden import containers carrying non-essential merchandise.
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