#freight-rates-rising
(6 articles)UK HGV Driver Shortage Deepens as Freight Rates Surge
The United Kingdom is experiencing a significant contraction in heavy goods vehicle (HGV) driver availability, creating upward pressure on freight rates and threatening logistics capacity across the e
UK HGV Driver Shortage Drives Freight Rates Higher
The United Kingdom is experiencing a significant contraction in HGV driver availability, creating a supply-demand imbalance that is forcing freight rates upward across the logistics sector. This short
Intra-Asian Freight Costs Jump 6% as Chinese Port Congestion Spreads
Chinese port congestion has triggered a 6% increase in the Intra-Asian Freight Index, signaling mounting pressure on one of the world's most critical shipping corridors. This rise reflects structural
Freight Capacity Crisis: Rejection Rates Hit 14.36%, Structural Tightness Ahead
The trucking market is experiencing structural capacity constraints driven primarily by supply-side dynamics rather than demand fluctuations. The National Truckload Rejection Index has climbed to 14.3
Truckload and LTL Rates Hit New Highs in Q3 2024
FreightWaves has issued a warning that both truckload (TL) and less-than-truckload (LTL) rates will reach new cycle highs in the third quarter, extending gains from the second quarter. The forecast re
Asia Port Congestion Drives Container Rates Up 50% YoY
Port congestion across major intra-Asia shipping hubs is creating sustained upward pressure on container freight rates, with the Shanghai-Southeast Asia corridor experiencing a 5% weekly increase and