The World Container Index, Drewry’s composite of container freight rates on eight major routes to and from the U.S., Europe and Asia, was down 1.2% to $1,207.46 per 40-foot container or equivalent ...
UPS invests $50 million in automotive logistics, expands Mexico air freight UPS is investing $50 million in automotive logistics and launching new air freight service to and from Mexico to help ...
While this year may be a close copy of 2023 in terms of supply chain execution as it relates to e-commerce moves, forecasting is more precarious. The instability and conflict have no upside,… ...
Looking back on air freight and logistics stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including United Parcel Service (NYSE:UPS) and its peers.
Robust demand for container shipping and the crisis in the Red Sea have lifted freight rates - Copyright AFP/File Schneyder MENDOZA Robust demand for container ...
The spread between spot ocean freight rates and the long-term contract market is at its highest since September 2021, equal to $2,500. Ocean spot freight rates have tumbled for a sixth-consecutive ...
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