Spot rates averaged $2.01 per mile in February, up from $1.65 in November, U.S. Bank and DAT Freight & Analytics say.
Air freight faces disruption as Middle East conflict cuts capacity, raises rates and adds uncertainty to trade outlook.
February spot and contract rates were up 3.6% and 0.1%, respectively, from January to February, with the report describing ...
Dry van freight shows stronger volumes and rate gains, with pricing reaching levels not seen since 2022 in some datasets.
The war in the Middle East has hit the UK economy in March, stalling growth while driving inflation sharply higher.
Rising diesel prices pushed all-in spot rates higher, but lower linehaul rates kept pressure on margins. Dry van and reefer rates remain up about 28–29% YoY, while flatbed growth trails at about 7%.
ACT Research data shows volumes hitting a four-year high and supply-demand balance strengthening, but higher oil prices are ...
Consumers are quick to complain about higher prices in the grocery aisle, at the coffee shop, and especially at the pump, where gasoline is heading toward a national average of $4 a gallon. Businesses ...
Mozambique’s central bank ended a record rate-cutting streak that lasted more than two years as rising government debt and the Iran war cloud the southeast African nation’s inflation outlook. The ...
This week marked a new turn in central banking, with no less than 8 rate decisions across majors. With the turn in central bank communications, gold, bonds, and stocks all took a significant hit. The ...
Inflation hits a high! Understand the Consumer Price Index (CPI), interest rates, and the Federal Reserve's role. Get financially educated now! Dietitians say you shouldn't take these vitamins in the ...