How Ever Given, the Mega Container Ship that Blocked the Suez Canal, Has Impacted the Logistics Industry

Ever Given, the container ship which blocked the Suez Canal for six days, has had rippling effects on the ocean freight market. Although the blockage came to an end on March 29 due to a combined effort of…

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New Developments to Expect for the Trucking Industry in 2021

2020 was a landmark year for the U.S.  and the rest of the world, leaving no industry untouched by the COVID-19 pandemic. The trucking industry was no exception, as the sector experienced major changes due to the impact…

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Rail industry expected to see rate increases and steady growth in 2021

The 2021 outlook for the U.S rail industry is largely positive, with experts foreseeing continued growth in demand and traffic, as well as prices. Due to unprecedented demand and labor shortages, intermodal rail service rates may increase by…

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Air freight market in a strong position going into 2021

The air freight market is poised to fully recover to pre-pandemic levels in the first quarter of 2021, according to a recent forecast from the International Air Transport Association (IATA) and data from CLIVE Data Services. The impending recovery…

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The race to lower shipping’s carbon footprint continues

The shipping industry is continuing to face criticisms of measures to reduce the industry’s staggering carbon footprint. International shipping accounts for 3% of annual global emissions – around one billion tons of emissions are produced by ships every…

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Recent attacks emphasize importance of cybersecurity in the trucking industry

Digital security remains a top concern for the trucking industry, as highlighted by a recent string of cyberattacks on trucking companies. Cross-border trade in particular has been targeted in the past few months, with almost a dozen cyberattacks…

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Positive outlook for trucking industry growth, drivers’ wages

The trucking industry appears to be bouncing back sooner than most other industries amid the COVID-19 pandemic. Changing habits lead to freight growth According to industry economists, the recession caused by the pandemic is likely over, but it…

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U.S. Intermodal Traffic Volumes May Be Returning to Normal

While the COVID-19 pandemic has significantly impacted nearly every industry, intermodal appears to be bouncing back sooner than expected. The pandemic “has had as large of an effect as the Great Recession,” as stated by Jason H. Seidl,…

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Air freight is gradually recovering, but still highly volatile due to COVID-19 pandemic

As we head into August, experts weigh in on the current situation and expected outlook on the air freight market. Here is an update on the air freight market in August 2020. Air freight rates have been increasing…

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Ocean freight continues to battle uncertainty due to COVID-19

The U.S.’s relaxed restrictions have caused a spike in demand for ocean cargo shipping, as some consumers have returned to shopping in stores. There has also been a recent spike in imports from Asia. However, industry experts warn…

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