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Founded in 1992 in Baltimore, ICAT Logistics has expanded across the United States and Europe, specializing in handling unusual, high-value, and oversized freight that often falls outside the scope of standard containerized shipping.
In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The bridge is part of the heavily traveled Interstate 695 linking Baltimore to Washington, D.C. mile-long span. An estimated 11.5
He resides, with his wife of 38 years, Nancy, in Dallas, TX, Baltimore, MD, and Saranac Lake, NY, and on Water Island, USVI. John also shared his logistics industry outlook which includes insights on the truckload, LTL, and freight brokerage markets. About Clarendon Capital. market share could grow to have 3.0%
He resides, with his wife of 38 years, Nancy, in Dallas, TX, Baltimore, MD, and Saranac Lake, NY, and on Water Island, USVI. Larkin is married and is the proud father of four adult children (Conor, Clifford, Casey, and Sarah Alexandra).
Why this book rocks: Whether you focus on ocean, air, truck, barge or rail freight, it’s probably a steam engine that’s making it all work. Read this if you’re interested in: What the important freight shipping origins and destinations of the future will be. And season two is all about the Port of Baltimore. That’s it!
More Resources Home March 27, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices fell 4% to $2.06/kg.
More Resources Home April 2, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Baltimore is the largest US port for vehicle imports and exports.
More Resources Home April 9, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 2% to $3.36/kg. Europe – N.
Prime Now Expands: One-Hour Delivery on Tens of Thousands of Daily Essentials Now Available to Prime Members in Baltimore and Miami. 2014 North American Freight Numbers. Since it’s late and I have a 3 a.m. Starbucks to debut delivery in Manhattan, Seattle this year (Reuters). Sears Tries to Calm Supplier Jitters (WSJ – sub.
More Resources Home May 21, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. Europe weekly prices increased 11% to $4.00/kg. Europe – N.
The possibility of disruptions at major ports like New York/New Jersey, Savannah, and Baltimore has businesses facing the real danger of shipment delays, inventory shortages, and cost increases. Air Freight Options : For high-value or time-sensitive goods, many companies are turning to air freight as an emergency backup.
In recent times, the integration of road freight technologies has emerged as a potential catalyst for disrupting maritime shipping operations. In this article, we’ll outline some pivotal advancements transforming maritime shipping and delve into how tried-and-tested road freight technologies are already featuring in this transformation.
July 2015 North American Freight Numbers. It will be available soon in New York, Baltimore, Miami, Dallas, Austin, Chicago, Indianapolis, Atlanta and Portland. These include freight rating, carrier selection, load tendering and visibility as well as match pay. WTO cites China, U.S., You can work as much or as little as you want.
More Resources Home April 16, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices increased 69% to $6.17/kg
More Resources Home May 1, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. China – N. Europe weekly prices increased 23% to $4.37/kg.
retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. Unpredictable events such as the destruction of the Francis Key Bridge spanning the port of Baltimore further impacted regional capacity needs.
LTL Freight Rates: from Major Cities in the USA and Canada to Baltimore, Maryland. See examples of our freight rates for a sample shipment of 1 pallet, 48” by 48” by 48”, 500 lbs, class 100 , going from major cities in the USA and Canada to Baltimore, Maryland: From Minneapolis MN to Baltimore MD: $284.44
Van freight was a little quiet last week, but a rebound should be underway now, to close the second quarter on a high note. Reefer freight volume should get a boost too, due to last-minute demand for fresh food, ahead of the July 4th weekend. Flatbed freight is also strongest in the Southeast. This week was no exception.
Environmental Protection Agency holds up a shipment at the port of Baltimore because they are understaffed, it impacts supply chains across the nation. When the Automated Commercial Environment system goes down in San Diego for two hours during produce season, or when the U.S.
West Coast van freight heated up last week, especially in the Los Angeles market. In mid-September, we were focused on evacuating the Carolinas and diverting trucks and freight away from Hurricane Florence. Cargo ships were re-routed or delayed en route to and from ports from Savannah to Baltimore. Blame the weather.
February has been a strong month for flatbed freight. Looking to move flatbed freight? DAT has the largest digital freight marketplace in the trucking industry, with more loads posted daily than any other load board. That's led to tight capacity for many flatbed markets, as seen in the load-to-truck ratios in the map below.
We got a welcomed surge of spot market freight to close out July. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. DAT Hot Market Map showed an outbound load-to-truck ratio of 6.5
Freight volume increased slightly for vans on the spot market last week, but truckload capacity increased more, so the national average load-to-truck ratio edged down from 1.9 Look for loads in Buffalo, NY; Harrisburg and Erie, PA; Baltimore, MD; Roanoke and Winchester, VA; and Evansville, IN. loads per truck on DAT Load Boards.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Memphis to St. Louis fell to $3.48/mile
The port improvement projects announced today will strengthen supply chain reliability, create workforce development opportunities, enhance freight efficiency, lower costs, reduce emissions, and improve the safety, reliability, and resilience of our ports.
That song is from "Carousel" and I started humming it under my breath as I sat down to write about last week's freight market. Looks like we won't have to wait until June for freight and rates to be "bustin' out all over" though, because rates are already heading in that direction. First, a look at the Hot States map for flatbeds.
The demand for refrigerated trailers peaked at year-end, but the extra-cold weather in many parts of the country has kept prices at record-setting levels in many areas, since those trailers are being used to keep freight from freezing. Miami to Baltimore dropped 99¢ to $2.39/mile. Denver to Salt Lake City plunged 79¢ to $1.92/mile
Flooding in the Midwest closed roads and rail lines, which will impact freight markets for weeks to come. National Average Freight Rates - March to-date. We may need to wait for April for real spring freight to hit. But despite all the bad news about weather and other disasters, freight volumes are actually up year-over-year.
Freight volumes surged about 25% out of both Miami and Lakeland, FL, and some lanes about of Florida saw rates jump as much as 85¢ per mile. California - Overall, California has been slower than usual, with freight volumes down about 3%, due to heavy rain. Lakeland, FL to Baltimore surged 85¢ to $2.86/mi. Rising rates.
At the beginning of the year, DAT Pricing Analyst Mark Montague declared that the freight recession was over. Since then, we've been in the middle of what's traditionally been the slow season for freight. But compared to February of last year, there's been more than a 100% increase in freight on the spot market this month.
The immediate impacts from Harvey and Irma first showed up in van freight, then reefers. Load counts are up on DAT load boards , with more flatbed freight shipping to support the rebuilding and recovery efforts in areas affected by the storms. The lane from Baltimore to Charlotte jumped up 60¢ last week to $2.22/mile,
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Reefer freight has been gaining momentum. Miami to Baltimore also jumped up 21¢ to $1.75/mile. Flatbed freight was strong in March, and there was a spike in rates to close the month.
That's normal, since it comes right after the end of Q1, when shippers are rushing to move freight before closing their books. Reefer freight has been gaining momentum. Miami to Baltimore also jumped up 21¢ to $1.75/mile. Flatbed freight was strong in March, and there was a spike in rates to close the month.
Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Flatbed freight is strongest in the Southeast region, but not in the usual locations. Outbound rates fell in key Northern markets, including Chicago , Denver , and Philadelphia.
Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. Miami to Baltimore was up 35¢ to $2.63/mile. Volumes in Birmingham are still soft, except for local freight. mile on average.
The number of loads available on the spot market last month was also up more than 100% compared to February 2016, which is a pretty good sign that the freight recession really is over. Since the freight coming out didn’t pay very well, inbound lanes paid more. The freight market in L.A. The rest stayed put.
Every region has at least one Hot Market for flatbed freight. On the East Coast, choose between Baltimore to the north and Raleigh to the south, or go from one to the other, with a TriHaul (triangular) route to replace the low-priced southbound leg. The lane from Raleigh to Baltimore paid $2.75/mile mile last week for flatbeds.
Reefer activity picked up after Thanksgiving, but not nearly as much as dry van freight. Twin Falls, ID, to Baltimore gained 24¢ at $3.26. Fresno to Baltimore fell 29¢ at $2.41/mile. Demand for reefers could heat up again as we get closer to Christmas. McAllen, TX, to Atlanta rose 25¢ to $2.36. Falling Lanes.
Flatbed freight out of Baltimore usually heads to the Northeast and Midwest, and the weather in those regions made those shipments more difficult. That pushed Baltimore rates up 10% higher last week as a result. Over on the East Coast, the lane from Baltimore to Springfield, MA , surged 79¢ to $4.35/mile.
February is usually the slowest month of the year for spot freight, and declines in reefer rates have been sharper than in the van segment. There were a lot of dramatic shifts in load counts last week in the major markets for refrigerated freight, which led to some price swings. Volumes were up big in four very scattered markets.
DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million load and truck posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Baltimore to Springfield, MA was down 61¢ to a still-high $4.57/mile.
Rates rose across the region, with shippers moving freight out of the way of the coming storm. RISING LANES: While rates may not have changed drastically in the past month, one thing that’s stood out is the use of Baltimore as an alternative port for the Southeast: The lane from Roanoke to Baltimore averaged of $3.41
WHAT'S HOT – Rates were on the rise last week in two Atlantic seaport markets: Baltimore and Jacksonville. Two Southeastern freight hubs, Atlanta and Memphis , also got a big boost. per mile range, due to a more favorable mix of freight and lanes. Atlanta’s outbound rates hit an average of $2.70 per mile last week.
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