Retailers and manufacturers should save on lower import costs this summer as rates to the U.S. West Coast start to fall.

In FOB Destination, Freight Prepaid & Add arrangements, the seller pays for the shipping costs but then passes on the cost to the buyer. FOB Destination.

Freight rates in the U.S., which had increased at least 28 percent year over year in 2022, declined by almost 2 percent in July, according to recent data compiled by Cass Information Systems, a St ...

Still, if shipping costs remain elevated into early 2025, that could be a bigger concern for the industry. That is because retailers would have to negotiate new contracts with shipping companies ...

Rising operational expenses and low freight rates strained profitability across the freight industry in 2023, according to ATRI’s latest Analysis of the Operational Costs of Trucking ...

Low freight rates have persisted, but a market shift is anticipated mid-year. Although seeking the lowest rates to protect margins is understandable, it can lead to compromised service quality, ...

Ocean-shipping prices are much higher than they were before the pandemic. Giving companies transparency into market rates, or benchmarking, can help them cut costs. Tech tools like Xeneta work ...

MEMPHIS, Tenn. − FedEx Freight is closing 29 locations later this year and will begin another round of furloughs for some employees at the end of May, the company announced Monday.. FedEx ...

The price to ship a maritime container on the benchmark Shanghai-to-Los Angeles route has plummeted to $4,252 from a record $12,424 almost exactly a year ago, according to Drewry Shipping Consultants.

Shipping costs at 18-month high - threatening to impact UK inflation rate. An index that compares how expensive it is to move freight from Shanghai to Europe shows how the cost has risen again ...

Harbor Freight's remaining rotary hammer drill selection is corded, and one of the best values is the Bauer 8.5 Amp 1 in. SDS-PLUS Type Rotary Hammer. It costs $129.99 and has a solid 4.7 out of 5 ...

Fuel in 2023 was among trucking cost centers to see the biggest decrease from 2022, dropping 8.8 cents per mile. In the first two months of 2024, carriers reported a decrease of 3.1% in fuel costs ...