Rickenbacker International Airport, one of the world’s only cargo-focused airports, offers an uncongested option to move air cargo to, from, and within the United States.
5 Threats to Capacity in 2017
Overall, 2016 was a year of relatively loose capacity. Don’t count on the same for 2017. A number of looming factors could put a squeeze on capacity in the coming year. Here are five…
Outlook for Freight Activity Seen as Improved
Three measures of freight activity and spending were mixed, according to new figures, but the outlook for their performances has improved, according to Cass Information Systems.
Trailer Orders For December Up 35% Year Over Year
Trailer orders were strong for the second straight month and exceeded expectations. December trailer orders were led by good dry van and very good refrigerated van numbers.
US-Mexico currency gap to spur LTL shipping
The strong US dollar and higher fuel prices will mean more less-than-truckload shipping in Mexico and across the US-Mexican border, an executive at trucking industry association and technology provider SMC3 said at the group’s JumpStart 2017 conference here Monday. (This article requires registration at the Journal of Commerce. To access, please click on the above […]
December airfreight prices remain ahead of 2015 levels
Airfreight prices continued to track ahead of the year-ago level in December, despite a seasonal drop-off in prices.The latest figures from consultant Drewry’s Sea & Air Shipper Insight report shows that the average buy rate across 21 major east-west routes reached $3.14 per kg in December.
Dow Tops 20,000 as Earnings Feed Rally, Bonds Fall: Markets Wrap
The Dow Jones Industrial Average climbed past 20,000 for the first time as stocks around the world extended a rally after corporate earnings reignited investors’ optimism in economic growth. Bonds sold off with oil.
NAFTA Freight Improves for Only Second Time in Nearly 2 Years
Newly released figures show the value of cross-border freight moved between the U.S. and its neighbors directly to the north and south increased in November for the only the second time in nearly two years, but trucking had the smallest gain.
Following Hanjin’s Collapse, Heavily Indebted Yang Ming at Risk of Financial Trouble
Following the bankruptcy of Hanjin, Taiwan’s Yang Ming is now the container line in the greatest financial danger, according to a research paper published today. Drewry Financial Research Services (DFRS) says the line has the industry’s most leveraged balance sheet, with a net gearing of a massive 437% at the end of Q3. The figure […]
DOT Report Reveals $926 Billion Infrastructure Need
The nation’s highway and transit systems need to overcome a nearly trillion-dollar investment backlog, according to a new report on the state of America’s transportation infrastructure commissioned by the Department of Transportation.