According to a Thursday report from Cass Information Systems, freight costs fell year over year (y/y) in December for the first time in 28 months. According to the Cass Freight Index report, total payments platform expenditures were down 4.3% year on year and 5.5% lower than in November. The index's...
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The airfreight industry is looking for signs of a midyear recovery.
Air cargo ended 2022 on a low note that is expected to continue well into the first half of the year, with logistics companies banking on retail inventory clearance bottoming out by summer. The year 2023 will be defined by uncertainty. Any progress in freight transportation could be undone by...
Shippers should think about other delivery options.
It's no secret that shippers could supply goods to customers regularly or easily with delivery partners. They'd suffer and eventually go out of business. A delivery partner is a person or company transporting a shipper's products to customers. That is why shippers must take the time to find the best...