The initiative will be rolled out in phases, with the state-backed consortium focused first on acquiring and operating container vessels to serve key trade routes.

While reopening the vital trade route is generally viewed as a positive for the freight industry, it could also have some other unintended impacts on freight rates.

The move is part of a broader effort by to counter China's ability to use its dominance of the industry as leverage in trade negotiations.

The agreement also shows the unusual avenues the Trump administration is willing to pursue in order to reduce dependence on China

With all the fancy predictive analytics that firms have adopted in recent years, why are they still slow to respond once they know a disruption is coming down the line?

The CIPS Pulse Survey identified shipping and logistics as the category most likely to see significant price increases by the end of 2025.

The two ports near the strategic Panama Canal have emerged as a geopolitical flashpoint between the U.S. and China.

The increase in shipper spending marked the first year-over-year bump in three years, underscoring how tightening capacity has been driving rates higher across the trucking market.

Higher-income households continued to see their purchasing power climb, even as middle- and lower-income consumers have remained far more cautious.

A letter to the House and Senate Agriculture Committees warns of a "widespread collapse of American agriculture and our rural communities.”