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freight rates

UK Port Layoffs Another Signal of Slow Peak Season

The Port of Liverpool will lay off up to 125 employees after container throughput at U.K. ports fell 12…

Macy’s Cuts Costs After Hammering Out Carrier Deals

Like the department store retailer, PVH Corp., Lululemon and Academy Sports all tout the benefits of…

What Nordstrom, Abercrombie and Gap Say About Supply Chain Costs

Each company discussed different areas of logistics during their calls to Wall Street this week.

What’s Going on at the Panama Canal

Ships are queued up 120 deep waiting to float through the critical gateway. Experts examine what this means…

‘Shippers are Clearly Not Happy’ with Freight Rates, Expert Says

Ocean freight frees are projected to fall into the year ahead, meaning shippers can wait to lock in better…

‘It’s a Shipper’s Market This Peak Season’, Expert Says

"Prices are low and this offers a great opportunity for exporters this peak season," said Christian Roeloffs…

Maersk Sees ‘No Sign of a Substantial Rebound’ in Container Volumes

A slow peak shipping season could be bad news for retailers banking on strong holiday sales to close 2023.

‘No Sign of Revival’ for Slumping Container Prices

Although spot rates inched up 0.9 percent to $1,488.13 in the second week of July, Drewry doesn't expect…

Fluctuating Freight Rates, 3PLs and Nearshoring Dominate 2023’s Logistics Conversation

Importers may prefer stable container shipping rates to cheaper freight costs, while brands continue to…

Nike Looks to Capitalize on Freight Rate ‘Buyers Market’

The Swoosh expects to see a turnaround in gross margins as ocean freight rates turn in shippers' favor.

How Target’s Supply Chain Investments Shrink the Last Mile

Target COO John Mulligan says high-capacity vans at the facilities can deliver nearly five times as many…

How Disappearing Freight Capacity Could Lead to ‘Chaotic’ Q4

With carrier costs now significantly topping spot freight rates, Penske Logistics' Andy Moses expects fewer…

Maersk CEO Figuring Out ‘Radically Changed Business Environment’

Collapsing freight rates and declining demand cut the ocean carrier's Q1 revenues.

Demand for Supply Chain Intelligence Remains Elevated in Post-Pandemic Landscape

Sixty percent of importers and forwarders expect to engage more with market data after the supply chain…

Air Cargo Sees Steady Decline As Rates Plummet 37%

For the first two weeks of April, cargo plane tonnage declined 12 percent from the year-ago period, according…