News
Ocean Transit Times Rose In Q4
Businesses relying on ocean freight are experiencing significant shipping delays as the global average transit time for ocean shipments rose to 68 days in the fourth quarter.
News
Tracking Freight Spend Across the US
The latest U.S. Bank Freight Payment Index indicates that truck freight shipments and spending continued to contract in the third quarter of 2024, albeit at a slower pace than earlier in the year.
News
Transportation Prices On The Rise In October
After months of uncertainty, transportation pricing is showing signs of recovery, indicating a potential shift towards a more optimistic freight market.
News
U.S.-Mexico Cross-Border Trucking Reaches New High
Cross-border truck transits between Mexico and the United States have reached historic highs, coinciding with heightened attention on tariffs and trade policy amid the U.S. election.
News
REPORT: Truck Driver Salaries In Mexico
In 2024, the average salary for truck drivers in Mexico is approximately $423 per month, according to recent statistics from Data Mexico and the Ministry of Economy.
News
Q3 Cargo Theft Rises 14% From Last Year
Cargo thefts across the U.S. and Canada experienced a significant increase in the third quarter of 2024, with 776 reported incidents—a 14% rise compared to the same period in 2023, according to a new report from CargoNet.
News
Produce Market Trends for September
We revisited USDA data to identify the top 10 commodities transported by reefers across the U.S. in September. After analyzing the numbers (in millions of pounds), we uncovered the origins of these popular produce items and highlighted regional production patterns.
Freight Reports
2025 Truckload Freight Rates Forecast
Arrive Logistics anticipates that spot rates will remain stable throughout the remainder of 2024 and into much of the first half of 2025, with moderate year-over-year growth influenced by typical seasonal fluctuations.
News
Active Freight Brokerages Decline In October
The number of active freight brokerages has declined to 25,979, following the closure of 237 brokerages in September 2024.
Freight Reports
U.S. Imports Soar for Third Straight Month
U.S. container imports exceeded 2.5 million TEUs for the second time in 2024, reaching a total of 2,520,935 TEUs in September.
Freight Reports
Companies With The Largest Port Strike Exposure
Data from ImportGenius and Arbor Data Science highlights the companies with the greatest exposure to the strike based on the number of twenty-foot equivalent units (TEUs) imported at these ports over the past year.
News
Cargo Theft Booms 600% and Brokers are "Under Siege": TIA
The trucking industry is currently facing a significant rise in fraud, particularly affecting brokers, as they navigate the complexities of cargo theft, which has surged by 600%.