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Ocean Imports Drop, Trucking Jobs Plummet, Air Freight Peak Season Disappears

Imports for the end of the year were already expected to decline, but at the end of last week the expected decline for October basically doubled. November and December's expected decline [...]

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What’s Actually Happening with Freight Rates Right Now

In the last blog, we looked at how – with the slowing economy – retailers and shippers are decreasing their imports and expected to keep doing so in 2023. As discussed, that should mean [...]

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Shippers Beg Biden to Help Make ILWU Contract Negotiations Go Smoothly

As the expiration of the International Longshore & Warehouse Union (ILWU) quickly approaches, shippers are getting more and more anxious about the potential of contentious negotiations throwing [...]