Transpacific rates at a two-month low, as congestion grows on East Coast
With production in China slowed during Golden Week and by power restrictions, and with delays making it increasingly unlikely that shipments not already moving will…
Averitt continues focus on distribution and fulfillment with expansion in Amarillo, TX
The facility will be used to provide shippers access to inventory and freight staging space to help streamline delivery and distribution throughout the Texas Panhandle.
Hines to redevelop 60-acre logistics park in Central Denver
Quantum 56 will be the newest, modern format logistics park in Denver
Norfolk Southern Rail reopening of Louisville, KY terminal
With continued strong growth in the Louisville Intermodal market, Norfolk Southern announced that they will be adding terminal capacity to this growing market through the…
EIA projects increases in global energy consumption and emissions through 2050
The U.S. Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020…
Critical heavy engineering components from Italy to India
Total Movements Pvt.Ltd., member to the Worldwide Project Consortium (WWPC) in India, managed a door-to-door shipment from an Italian factory to India's delivery site for…
Penske Truck Leasing dedicates classroom at Lincoln Tech’s Columbia, Maryland, campus
Penske Truck Leasing recently held a dedication ceremony at Lincoln Tech in Columbia, Maryland, as the company branded a 1,000-square-foot multipurpose classroom at the school.
Air cargo load factors soar in September as peak season demand steps up a gear
Air cargo load factors and airfreight rates continued their expected peak season climb in September, according to the latest global market data from industry analysts,…
Port Authority of Valencia: Freight rates will start to normalise in mid-2022
The president of the Port Authority of Valencia (PAV), Aurelio Martínez, has assured that "freight prices will normalise in the second half of 2022 when…
LASRE Partners with More than 30 LA Area Disadvantaged Small Businesses
Demonstrating a very strong commitment to diversity and opportunity in the transportation sector, Los Angeles SkyRail Express (LASRE) is partnering with 33 Disadvantaged Business Enterprise…
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![[Freightos Weekly Update] Container rates starting to spike on peak season rush](https://www.ajot.com/images/uploads/article/_thumbs/LB_stacked_containers.JPG)
