Diesel prices will not be among the figures released this week by the Energy Information Administration as it recovers from a technology collapse. According to an EIA official, the weekly benchmark diesel prices that serve as the basis for most fuel surcharges will not be released until late Wednesday, along...
Trucker Tools just made it easier for brokers and carriers to establish a happy medium.
Fleets are currently at a disadvantage when it comes to booking loads that grow margins as the market continues to confront carriers with low spot rates and rising operational costs. Strong connections between brokers and carriers are always important in the trucking industry, but they are especially important during times...
Despite import anxieties, container ships are still renting for $160,000 per day.
When demand for cargo transportation falls, so do short-term rental rates for the ships that deliver that cargo. Lease rates climb as freight demand rises. This can be seen in spot rates for supertankers transporting crude oil from the Middle East and huge bulkers transporting iron ore to China (poor...