2025-01-14 Ocean container spot freight rates have increased significantly in recent weeks, with shippers struggling to cope with rapidly rising costs, particularly on eastbound transpacific routes. The Drewry World Container Index showed that freight rates rose 3% this week, mainly due to an increase in trans
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2025-01-14 According to the information provided, despite continued weakness in the manufacturing industry, freight loading still achieved growth in 2024. The American Association of Railroads (AAR) mentioned in its annual rail industry outlook that the rail industry faces "uncertainty" in 2025 due to a series
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2024-10-18 Tensions between labor and management at the Port of Montreal are escalating, with the dockworkers' union announcing an indefinite overtime strike starting October 10. A previous three-day strike had already halted operations at two terminals. The Maritime Employers Association (MEA) has urged the
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