Month: May 2024

Freight Shipments Continue Downward Trend in April

April’s freight market data from Cass reveals ongoing challenges, with a 1.6% month-over-month drop in shipments and a 4% year-over-year decline.

April’s freight market data from Cass reveals ongoing challenges, with a 1.6% month-over-month drop in shipments and a 4% year-over-year decline.

Record High in Container Production Expected for 2024

Container production reached a post-Covid peak of 521,000 TEU last month, which caught the market by surprise and led to shortages in equipment and vessels.

Container production reached a post-Covid peak of 521,000 TEU last month, which caught the market by surprise and led to shortages in equipment and vessels.

Maersk Opens New 90,000-Square-Foot Airfreight Gateway in Miami

Maersk has launched a new airfreight gateway in Miami, aimed at improving logistics between the US, Latin America, and major markets in Asia and Europe.

Maersk has launched a new airfreight gateway in Miami, aimed at improving logistics between the US, Latin America, and major markets in Asia and Europe.

Shipping Dispute Heats Up: Peloton vs. Flexport

Peloton’s filed a Federal Maritime Commission complaint against Flexport, claiming Flexport’s mismanagement led to excessive shipping charges.

Peloton’s filed a Federal Maritime Commission complaint against Flexport, claiming Flexport’s mismanagement led to excessive shipping charges.
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