Freight

The modes and markets shippers buy capacity in: ocean, air cargo, rail, trucking, LTL, ports, chokepoints, and rates.

Funding

Freight

Corridian raises $38M for cargo-carrying underwater drones

The Boston startup's Point72-led seed round funds giant autonomous underwater vehicles built to carry shipping containers for the military.

Freight

Briefing

Evergreen returns to the Suez Canal

It joins Maersk, MSC, Hapag-Lloyd and COSCO on the route as container capacity through Suez climbs past half its pre-crisis level.

Freight

Briefing

Air cargo spot rates rise 29% in Oct on Asia-US demand

AI-related demand lifted China to North America rates 38%, while high jet fuel costs and lost Gulf capacity added to upward pressure.

Freight

Briefing

Class 8 truck orders fall 36% as the EPA rule lingers

October’s 15,600 orders were the lowest this year, as fleets wait on EPA’s final 2027 engine rule and its cost per truck.

Freight

Briefing

Covenant moves most expedited teams into dedicated contracts

The company expects double-digit contract increases again in 2027 and runs 60% of expedited trucks on committed deals, many lasting two to four years.

Freight

Analysis

US freight bills rose 32% in Q3 on flat shipments

Shippers paid 32.1% more than a year earlier to move 0.5% more freight, as tight truck capacity and diesel above $6.50 pushed rates up.

Freight

Analysis

Amazon fights freight inflation heading into peak

Fuel and linehaul rates pushed Amazon's shipping bill up 11% last quarter, and it expects fuel to cost more over the holidays.

Freight

Analysis

Schneider moves eastern intermodal off CSX to Norfolk Southern

Schneider starts shifting freight in November and makes Norfolk Southern its main eastern railroad on Jan 1, as CSX recovers from a 36-hour outage.

Freight

Analysis

LA-Long Beach port strike delayed

Port employers expect security guards to push their walkout deadline from Nov 1 to Nov 4, giving talks three more days.

Freight

Analysis

Truckload brokers charged 25% to 32% more in Q3

Freight rose only about 3%, half of RXO's truckloads moved on spot, and claims costs climbed at Landstar and CH Robinson.

Freight

Analysis

XPO grows LTL freight as price growth hits three-year low

Tonnage rose 5% and yield excluding fuel 3.6% in Q3, while fuel lifted the all-in rate per hundredweight 12%.

Freight

Analysis

Port Houston containers rise 11% on stronger September imports

Loaded imports rose 16% and empty boxes leaving rose 31%, but the year to date is up just 2%.

Freight

Briefing

Disruptions push Coty's air freight emissions up 33%

The beauty company has still cut air freight 48% since 2019 and is moving more volume to sea and rail.

Freight

Analysis

Watchmen threaten LA-Long Beach strike as rail boxes pile up

Dockworkers are expected to honor the picket lines of watchmen whose contract runs out Nov 1.

Freight

Analysis

Mexican truckers agree to lift blockades after two-day strike

Protests reached 19 states, but border caravans in Reynosa, Juárez and Piedras Negras ran without blocking traffic.

Freight

Analysis

Transpacific ocean rates flatten as Asia-Europe prices climb again

Xeneta says US-bound spot rates have peaked and will soften through 2026, as importers start tendering 2027 contracts.

Freight

Analysis

Kuehne+Nagel air volumes jump 10% on chip and cloud freight

CEO Stefan Paul says most of the growth came from taking share from rivals in a market up 3% to 4%.

Freight

Analysis

Korean shipbuilders take the lead in rebuilding US shipyards

Hanwha has spent about $350 million on its Philadelphia yard and approved another $400 million through next year.

Freight

Analysis

Carriers return to Suez ahead of 2027 ocean contract talks

Freightos expects a full Red Sea return in Q1, which would free ships just as importers settle annual rates.

Freight

Analysis

Global air freight rates top the last two peak seasons

The TAC Index rose 4.7% in a week and stands 26.4% above last year, with jet fuel more than double its price a year ago.

Freight

Analysis

Knight-Swift will open 2027 truckload bids asking shippers for double-digit rate increases

The largest US truckload carrier's rates rose faster every quarter this year as its fleet shrank and drivers got harder to find.

Freight

Analysis

Rail-bound imports sat 7.19 days at LA and Long Beach in Sept

Record volumes at both ports, with cargo moved off the Panama and Suez routes, are landing hardest on the rail link inland.

Freight

Analysis

Maersk delays West Med peak surcharge again while MSC, CMA CGM add fees

MSC charges up to $600 a box on the same lanes, so what an importer pays now depends on the carrier.

Freight

Analysis

Intramotev to run its driverless railcars on a Missouri short line

Intramotev's TugVolt railcars move from a Michigan mine to a city-owned Missouri line, backed by a $16.2 million federal grant.

Freight

Analysis

Container ship orders hit a post-2009 high as HMM adds $1.4 billion more

The Korean carrier's eight ships won't serve US lanes, but the wave of new capacity could give importers leverage in 2027 talks.