On Thursday, December 30, morning, an explosion rocked the CSX Curtis Bay Coal Terminal in Baltimore. The cause of the incident, which occurred at 11:30 a.m. local time, is being investigated, according to CSX (NASDAQ: CSX) spokesperson Cindy Schild. She stated that all employees had been accounted for and that...
The year 2021 has been filled with epic challenges
2021 — There were several highs and lows this year, with mixed results in almost every industry. The most widely reported news has centered on the supply chain, which has been fraught with difficulties. The media outlets have been consumed by the interruptions from port to dock. Traditionally, the supply...
Prior to the customary high season, the truckload spot market is unusually quiet
Source: Freightwaves Since Labor Day, spot prices for the three main equipment types of dry van, refrigerated (reefer), and flatbed cargoes have been slowly falling. The decreases have been minor, with the all-inclusive rates for chilled goods reducing the highest (4%) and van and flatbed freight falling just over 1%....