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Freight rates

Cross-border freight brokers not panicking yet about Mexico tariffs

News

“Cross-border freight brokers are not panicking over President Trump’s announcement of tariffs on Mexican exports into the United States – yet.” – According to article in http://freightwaves.com and its author John Paul Hampstead Hampstead also wrote – “Last week the White House said that it would levy tariffs of 5 percent on all Mexican goods entering the U.S. […]

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The sky may have fallen on freight market after new tariffs are implemented against China

News

“Like the “snap” in the Avengers movie, where the big bad villain, Thanos, eliminated half the life in the universe, something similar occurred to the freight market after the trade war escalated between China and the U.S earlier this month. It is hard to imagine the freight market being so fragile that one action — […]

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Conditions for small fleets deteriorating and it will get worse

News

“For the freight market, 2019 has been shaping up to as a tug of war between the bulls and the bears. The large enterprise carriers that rely heavily on committed business (commonly referred to as “contract business”) have been enjoying a decent year, while the small carriers that are heavily exposed to the transactional spot […]

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