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...
Truckers from a Canadian carrier have been charged in drug trafficking charges in the United States
Several months after being detained in Michigan in connection with seizures of cocaine and methamphetamine valued at millions of dollars, two truckers who worked for the same Canadian carrier were charged with federal narcotics offenses in the United States. They were both apprehended five months apart. According to a criminal...