The ports of Los Angeles and Long Beach began charging diesel-powered drayage trucks $10 each unit entering and exiting the ports on Friday, with the money going to a Clean Truck Fund to help pay for zero-emission trucks and infrastructure. The Clean Truck Rate is calculated on the basis of...
Imports of steel and plywood helped to improve cargo volumes at Gulf Coast ports in February
Steel, plywood, and dry bulk items continued to flow into the country, and demand for exports of U.S. petroleum and crude oil remained robust. Gulf Coast ports reported increased cargo volumes in February, like steel, plywood, and dry bulk products continued to flood into the country. Imports of steel cargo...
Ship charter rates are still spectacular,’ but war might swing the scales in the opposite direction
Do the CEOs of container lines feel that the historic freight boom will come to an end any time soon? If the ship charter market is any indication, it certainly does not appear to be the case. Liner firms are continuing to pay record-breaking sums to rent container ships for...