Arctic Blast’s Chilling Effects
Arctic Blast Has Chilling Effects An Arctic blast linked to the polar vortex is driving record-breaking cold from the Northern Plains down to the Gulf Coast, with wind chills as low as -60°F. Extreme cold warnings stretch from the Canadian border to Texas, with major freight hubs like Minneapolis, Chicago, and Dallas facing frigid conditions. […]
Retail Expansion: The Next Frontier
Retail Expansion: The Next Frontier Retailers looking for sustainable growth are setting their sights on emerging markets, with Latin America and the Persian Gulf leading the charge. The UAE and Saudi Arabia offer lucrative opportunities thanks to high disposable incomes and pro-business policies, while LATAM’s e-commerce sector is expanding at a rapid pace. However, businesses […]
Diesel Prices Hold Amid Tariff Drama
Diesel Prices Hold Amid Tariff Drama Diesel prices made a barely noticeable move this week, rising just 0.1 cents to $3.66 per gallon, while the futures market was anything but calm. The prospect of a 10% tariff on Canadian crude sent ultra-low sulfur diesel (ULSD) futures soaring more than 6 cents before settling at $2.4631 […]
Market Rebounds On Tariff Pause
Market Rebounds After Tariff Pause Monday started with a market slump as new U.S. tariffs on Canada, Mexico, and China sent shockwaves through investors. The Dow fell 150 points, the S&P 500 dropped 0.7%, and Nasdaq slid 1%. However, the market rebounded slightly after Trump announced a one-month pause on Mexico’s tariffs following discussions with […]
Air Freight Growth Holds Steady
Another Potential Strike!? The airfreight industry enters 2025 with strong momentum, building on a robust 2024 and unexpected demand spikes in December. Seasonal rate dips have been moderate, with key China-North America routes showing smaller-than-typical declines. January rates remain 17% higher year-over-year, reflecting a dynamic market. Factors such as early Lunar New Year preparations, inventory […]
Another Potential Strike!?
Another Potential Strike!? The Canadian National Railway (CN) is bracing for potential disruptions as 750 signal and communication workers, represented by the International Brotherhood of Electrical Workers (IBEW), prepare to strike. With a 72-hour notice issued and a 95% mandate in favor of the action, the union is advocating for better work-life balance and higher […]
LNG Rail Rule Blocked
LNG Rail Rule Blocked A U.S. appeals court has vacated a 2020 Department of Transportation rule permitting LNG transportation by rail due to safety concerns and a lack of environmental review. The court ruled that the Pipeline and Hazardous Materials Safety Administration (PHMSA) acted “arbitrarily” in bypassing a full environmental impact statement. Critics emphasized the […]
US Eyes Panama Canal Acquisition
US Eyes Panama Canal Acquisition The Panama Canal Repurchase Act of 2025, introduced in Congress by Rep. Dusty Johnson, aims to authorize President Trump to negotiate reacquiring the Panama Canal from Panama. Proponents argue the canal’s strategic and economic value is under threat due to China’s growing presence, with Panama joining China’s Belt and Road […]
Port Crisis Averted
The ILA and USMX have reached a tentative six-year contract agreement, easing fears of a supply chain disruption at East and Gulf Coast ports. The deal, which is subject to ratification, balances job security with the implementation of modern technologies designed to enhance safety and efficiency at ports. After nearly eight months of negotiations, the […]
Capacity Rebounds Post-Holidays
Post Holiday Capacity Recovery The freight market is recovering after the holiday slump, with national tender volumes up 19.3% over the past week, though still lagging 6.98% behind last year. Contract load volumes rose 22.66% week-over-week, driven by decreased tender rejections, which fell to 7.13%. Reefer freight remains strong, with volumes up 6.5% year-over-year, though […]
