freight shipping

A new working paper finds that the actual average tariff rate is about half of what the Trump administration has announced — with big implications for U.S. businesses and consumers.

As the holiday shopping season kicks into high gear, logistics strategist Weston Labar explains how a wild year in tariff policy has impacted companies servicing U.S. ports.

Slower demand for imports combined with a greater supply of ships means lower shipping costs overall.

Regulatory approval could take a spell.

But so far they’ve only added GPS tracking to less than 1% of the nation’s railcars.

Does weakening demand for shipping suggest a downturn in 2024, or might there be signs of brighter days ahead for the freight industry?

Rates truckers are paid have plummeted by more than half since 2021, accounting for inflation. Meanwhile, costs have only risen.