Monthly market data suggests the for-hire trucking economy is improving. Freight rates and volumes continued making year-over-year gains in October, following September’s milestone rate improvements.

Spot ocean freight rates from the Far East to the U.S. popped between 36%-41% month over month, and ocean carriers increased additional charges known as general rate increases by roughly 140%, ...

An ocean container capacity crunch has hit global trade just as peak shipping season starts, with freight spot rates up some 30% over the past few weeks and heading higher. Bad weather, longer ocean ...

Far East to U.S. ocean freight rates are up between 36%-41% month over month, while air freight prices have jumped 9% this year. DHL says ocean freight rate inflation might not ease up before Chinese ...