freight rates
Low-Cost Retail Chain Drops Prices as Supply Chain Costs Get Back to Normal
The home goods retailer will enact permanent price drops on thousands of products across categories including…
Global Port Activity Slumps to 3-Year Low
Drewry says January's port throughput slid 4.5 percent from a year ago, for the lowest monthly container…
Top Source of Supply Chain Stress? Volatile Freight Costs
Capacity is stabilizing amid a tight U.S. labor market, where the unemployment rate is at 3.4 percent.
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Cotton, Air Cargo and Containers Cost The Children’s Place $125M
The retailer expects fourth-quarter net sales to fall as much as 10.6 percent amid a "more challenging"…
Money is Funneling into these Freight Tech Firms
Freight booking marketplace Freightos debuted on the Nasdaq last, freight quoting platform Freightify raised…
Amazon Shutting 3 UK Warehouses
What's more, a supply chain data platform named the next big container shipping hubs to emerge this year.
Flexport’s Ryan Petersen ‘Not Convinced’ Logistics Really Turned a Corner
Declining rates and increased capacity on ships isn't because of industry changes, the digital freight…
What Are the Biggest Logistics Question Marks in 2023?
Amid labor strikes, volatile freight rates and dwindling warehouse space, the current logistics ecosystem…
U.S. Xpress Sheds Staff: Is Trucking in Trouble?
The trucking company's CEO said it will get "back to the basics" and focus less on its digital fleet as it…
Guess CEO on Slow Q2: ‘Seeing Some Relief’ from Freight Peaks
A 21 percent constant-currency revenue bump in Europe carried Guess as the euro trades at a two-decade low…
‘Now Is the Time’ to Explore Non-China Alternatives, Experts Say
"Since the pandemic there's been a window of opportunity—everybody is looking for other options besides…
Carter’s Expects 80% ‘On-Time’ Deliveries This Fall
A year ago, Carter's shipped 50 percent of product on time due to supply chain delays, according to Carter's…
Drewry: ‘Beginning of the End’ for Container Market Bull Run
Drewry's research shows that 48 percent of respondents believe North American port congestion won't clear…
How Long Will Port Congestion Last?
Fitch said ocean freight could reach a turning point in 2023, when growth in vessel capacity is likely to…
With Karl Lagerfeld in Hand, G-III Raises Guidance
Net sales for the first quarter increased 32.5 percent to $688.8 million, as net income rose 16.3 percent to…