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freight rates
Long Beach Unloading 7,000 Containers Per Ship, 73% Surge Over 2019
Asian ports can load or unload a container more than twice as fast as North American counterparts, averaging…
Boohoo Eats $35 Million in Extra Shipping Costs
The U.K. fast-fashion retailer saw sales jump 20 percent, but pressures from supply chain rates and DC…
‘No Quick Fix’ for Freight Rates, Project44 Warns
The supply-chain visibility specialist sees a potentially 'multi-year' freight problem and 'many more empty…
Tariffs Plus Freight-Fee Fiasco ‘Wreaking Havoc on Supply Chains,’ AAFA Warns
Steve Lamar said China tariffs directly threaten the survival of thousands of businesses in the midst of…
FedEx Announces Tranche of Rate Hikes
FedEx Express rates will rise an average 5.9 percent for U.S. domestic, export and import services, as will…
Cargo Crunch Prompts New Hours at LA Ports
The ports said the measures will enhance their operations to help meet unprecedented growth in cargo volume…
Cargo ‘Collusion’: Walmart Home Supplier Prevails in $600K Ocean Freight Lawsuit
MCS Industries got a win two months after filing a $600,000 suit against China's Cosco Shipping and…
30-Day Delays Pressure Vera Bradley to Turn to Air Freight
As the holiday season approaches, Vera Bradley will designate more time-sensitive products for air cargo…
Soaring Freight Costs Whack Dollar Stores
Dollar Tree's regular carriers met only a portion of commitments, while Dollar General discontinued…
Dick’s Nears $500 Million in Profit
CFO Lee Belitsky expects elevated freight costs throughout 2021, but said "inventory is clean" despite the…
Are Freight Forwarders Facing a Cash Crunch?
In need of liquidity, freight forwarders and customs brokers are also turning to new sources of capital like…
TJX Readies HomeGoods.com
Strong Q2 home and apparel sales trends bode well for the off-price giant's ambition to crest $60 billion in…
Rocky Brands Looking at Localizing Footwear Production
Rocky Brands is dealing with inbound freight and container costs from Asia that are up to three times higher…
‘Historic Run’ Hamstrings Container-Clogged Ports
If one issue has impeded the fashion industry's hopes of a recovery in 2021, it has been shipping headaches.
$25,000 Container Rates Are Supply Chain’s ‘New Normal’: ‘Contracts Are Not Being Honored’
Elevated supply constraints impacting the global ocean freight system are driving bottlenecks that "probably…