21 Feb 2023

A Bleak Evaluation of the US Trucking and Shipping Market

  According to Uber Freight’s first-quarter update on global freight markets, trucking operators are expected to face unfavorable market conditions in the first half of 2023. The truckload supply has exceeded demand, which is attributed to decreased imports and lower consumer spending. The market weakness is likely to continue due to a broad-based volume recession, […]

Read More
11 Dec 2022

Clogged Warehouses And Rail Delays Signal New Supply Chain Woes

  Public attention has waned two years into the crisis that disrupted global supply chains, giving the impression that everything is back to normal. On the ground, the US’s busiest port complex is still battling bottlenecks across the board. Responsible for 42% of all containerized trade with Asia, the US’s largest hubs of Los Angeles […]

Read More
25 Apr 2022

Cooling of U.S. Truckload Rates may be ‘Delayed Seasonality’

  Truckload rates for U.S. spot market loads has cooled in the last three months. The market correction in trucking is currently limited to dry-van and temperature-controlled truckload, while demand and rates remain elevated for flatbed, less-than-truckload (LTL), and last-mile and parcel freight. Donald Broughton, transportation analyst and principal of Broughton Capital, said there is […]

Read More
08 Mar 2022

Hong Kong air cargo hit by massive reduction in trucking from mainland

  By Alex Lennane THELOADSTAR   The southern China air freight market has changed “dramatically” as Covid rages in Hong Kong, severely impacting the local trucking market to and from the mainland. Forwarders estimate there is a 70% cut in truck capacity, further diminishing Hong Kong’s air export market. “Cross-border trucking has been impacted a […]

Read More