Freight News


First Metrans Vectron Released

Nov 12, 2019

Rail freight operator Metrans received the first Vectron multi-system locomotive at its container terminal in Prague.The vehicle is part of an order of ten multi-system locomotives. They are being manufactured in the Siemens Mobility factory…

Xeneta Expects Further Disruption in Container Rates

Nov 01, 2019

Further disruption in ocean freight rates expected despite best efforts from leading carriers, according to Xeneta Container Rates Alert.Long-term contracted ocean freight rates for carriers continued their downward trend through the month of October…

Freight Forwarding Executive Guilty in Antitrust Case

Oct 28, 2019

Francis Alvarez, owner of a large freight forwarding company, pleaded guilty to an antitrust charge for her role in a multi-year, nationwide conspiracy to fix prices for international freight forwarding services, the Department of Justice has announced…

Oakland Port Gets Funding for Tech Program

Jun 02, 2019

The Alameda County Transportation Commission has received $12.45 million from the California Transportation Commission for the implementation of the Freight Intelligent Transportation System (FITS) program at the Port of Oakland.FITS includes…

VLGC Freight Rates Recover

May 19, 2019

The Very Large Gas Carrier (VLGC) freight rates started to recover towards the end of the first quarter as U.S. consumption reverted to seasonally lower levels pushing U.S. LPG prices down, widening the geographical LPG price arbitrage between the U…

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