News

Trans-Pacific rates continue to fall. Transatlantic rates remain high.

It's a story about two oceans: The cost of shipping cargo containers westbound from Asia to the United States across the Pacific continues to fall from historic highs. In comparison, the cost of shipping containers westbound across the Atlantic from Europe has climbed through 2022 and remains at all-time highs....

Red Arts Capital has purchased a Midwest storage and transloading service.

Red Arts Capital has announced the acquisition of Partners Warehouse, a provider of warehousing and transloading services. Partners Warehouse, headquartered just outside of Chicago, has eight buildings in Illinois totaling approximately 1 million square feet. Cross docking, pick-and-pack, container unloading, and rail car loading and unloading are among its warehousing...