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The freight recession is getting worse as the economy detoxes from the pandemic trucking boom
The downturn in trucking looks like a "detox" from the pandemic's artificial demand spikes, and lar…
Phil Rosen
Ukraine set off 4 explosive devices on a freight train operating on the only major railroad connecting Russia and China: report
The train was struck while crossing a tunnel in the republic of Buryatia, the only railway line bet…
Thibault Spirlet
The case for ditching your real-estate agent when buying a home is gaining momentum
One recent homebuyer's brief experience working with a real-estate agent left him feeling way bette…
Dan DeFrancesco
Suspected smugglers were caught trying to hide $10 million of gold by painting it silver and disguising it as machinery on a cargo plane
It is the largest gold-smuggling case on record in Hong Kong, according to officials.
Polly Thompson
The 'freight recession' rocks global shipping, fueling a 75% plunge in container rates
Since peaking during the pandemic, the transportation industry has faced a protracted slump. An ind…
Joseph Wilkins
Indian Railways records monthly freight loading of 126.46 MT for April 2023
Indian Railways (IR) recorded monthly freight loading of 126.46 million tonnes in April 2023.
ANI
2 ship companies are invoking a 200-year-old law to try to skirt huge legal liabilities from the Baltimore collision
The companies want to cap their liability at $43.7 million by invoking a 19th-century maritime law …
Huileng Tan
A startup wants to build the world's largest cargo plane big enough to carry wind turbines the size of a football field — take a look
Radia, a Colorado-based startup, wants to build a cargo plane the length of a football field to del…
Lloyd Lee,Taylor Rains
Owner of ship that crashed into Baltimore bridge will likely try to invoke 1851 law used to cap damages after Titanic disaster
Maritime law experts said Grace Ocean Private Ltd will almost certainly try to limit its liability …
Natalie Musumeci
The ship that crashed into the Baltimore bridge is a 'monstrous' size, says veteran ship captain. But that's standard now.
Cargo shipping has been getting safer, but ships are getting so big that any mishap could be catast…
Huileng Tan
A staggering amount of money is slipping away due to the Baltimore bridge collapse
Experts say the Port of Baltimore alone contributes $15 million to the economy daily, and other dis…
Dominick Reuter
Taylor Rains
3 ocean carrier alliances control 95% of shipping between Asia and the US and have hiked rates more than 1,000%. The White House wants to shake their control.
President Biden is taking aim at skyrocketing shipping prices and fatter corporate profits in his a…
Dominick Reuter
These photos show how a major river and key freight route is drying up, causing a headache for European shipping firms
The Rhine passes through the German town of Kaub.Associated Press
Stephen Jones
The truth behind America's cruise obsession: 'They don't want to see anything that's real'
Cruise ships have never been bigger or more popular. You can blame Gen Z.
Henry Wismayer
A student was trapped inside an empty Amtrak train after she fell asleep during the ride and missed her stop
Aria Lockhart boarded an Amtrak train around 3 a.m. and fell asleep. She woke up in an empty train …
Monica Humphries
We went inside Emirates SkyCargo's massive Dubai facility and saw how air cargo is keeping the global supply chain running amid the shipping crisis
Touring the Emirates SkyCargo operation in Dubai.Thomas Pallini/Insider
Thomas Pallini
The US economy is slowing down. Just look at the freight recession that's sent diesel prices tumbling.
The US is in the midst of a "freight recession," meaning trucks are carrying fewer goods across the…
Phil Rosen
I went onboard the largest container ship to ever use an East Coast port and found a visual representation of American spending during the pandemic
Touring the Port of New York and New Jersey.Thomas Pallini/Insider
Thomas Pallini
I went inside the East Coast's largest port and saw how a backlog of goods are moved amid the never-ending chaos of ships, trucks, and trains
Touring the Port of New York and New Jersey.Thomas Pallini/Insider