USA Port Congestion Update
Dear Friends, As you have no doubt been reading, all 4 USWC ports (Los Angeles/Long Beach, Oakland, Portland, Seattle/Tacoma) are in the midst of unprecedented and critical congestion. Terminal operations have been crippled by a labor slowdown. Dozens of vessels are sitting at anchor, some waiting 3 weeks or longer to be unloaded. Many wait […]
TopNews DOT Freight Index Up for Second Straight Month, Near Record High
The amount of freight carried by the nation’s for-hire transportation industry rose 1.6% in March from February, rising for the second consecutive month, according to the U.S. Department of Transportation’s Freight Transportation Services Index. The level of freight shipments in March measured by the seasonally adjusted Freight TSI of 116.7 is 0.8% below the all-time […]