
Freight Market Update: August 26, 2020
The American Trucking Associations files a Shipping Act suit alleging foreign carriers control pricing, plus new Silk Road routes, in the August 26, 2020 update.

The American Trucking Associations files a Shipping Act suit alleging foreign carriers control pricing, plus new Silk Road routes, in the August 26, 2020 update.

A glut of idle oil tankers causes severe congestion off northern Chinese ports, while a synced platoon of self-driving trucks makes its debut commercial delivery.

Week of August 12, 2020: ocean and air freight amid COVID-19, as overstocked businesses turn to buy-and-hold firms to free up cash from excess inventory.

A shift to online holiday shopping drives temporary warehouse demand while migrating COVID-19 spikes continue to squeeze air freight capacity.

New cargo ship orders hit lows amid COVID-19 trade uncertainty and emissions concerns, while IATA pushes back its air travel recovery timeline.

Two U.S. representatives introduce a Maritime Transportation System Emergency Relief Act to aid ports during COVID-19, as borders reopen for stranded seafarers.

Severe flooding overwhelms key Yangtze River ports as China hits its top flood alert, while tight air capacity returns amid the COVID-19 recovery in July 2020.

Rolling short-term ocean contracts gain popularity as capacity stays volatile post-COVID, while shipowners slow decarbonization efforts amid market uncertainty.