Insights

Insights

Insights is the home of news from NorthPoint Logistics. Here you'll find everything from Market Newsletters to announcements and more!

NPL Newsletter: Rate Updates, CrowdStrike Outage, and Red Sea Disruptions

Jul 19, 2024

A week of contrasting trends in the global logistics market. Global trade volumes showed signs of recovery in June, with US imports and exports rebounding. Domestically, pricing remained relatively stable, with dry van and flatbed rates holding steady and reefer rates declining by over 2%. However, a significant disruption emerged this morning as a faulty…

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NPL Newsletter: Singapore Congestion, Air Freight Growth, and Panama Canal Water Relief

Jul 12, 2024

Coming off a tumultuous holiday week, the story from the past week has been one of comparative stability. We saw relatively flat movement in domestic pricing and only saw minor shifts in regional capacity indices. We bring you reports on congestion at the Singapore port which is beginning to disrupt carrier operations. The air cargo…

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NPL Newsletter: Rate Updates, 2023 Trucker Costs, and a Hopeful Freight Market

Jul 8, 2024

Happy 4th of July to our clients and readers! Despite the usual holiday chaos, the logistics industry is experiencing several macro trends impacting the market. Unsurprisingly, domestic spot rates across all modes surged last week. Our North American capacity chart reveals a tale of extremes, with most regions falling into either “Very Loose” or “Very…

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NPL Newsletter: East Coast Port Contract Talks, LA & Long Beach Cargo Dips, and Transportation M&A Activity

Jun 28, 2024

This week’s transportation news offers a mix of headlines. Contract talks between East Coast dockworkers and maritime employers have stalled, raising concerns about disruptions at key ports. However, ports in Los Angeles and Long Beach, despite experiencing a dip in cargo volumes, anticipate a rebound in the coming months. Additionally, the transportation industry is buzzing…

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NPL Newsletter: Container Prices Rise, ILA/USMX Contract Expiration, and Tropical Storm Alberto

Jun 21, 2024

The international shipping market shows a mixed bag this month. Import volumes are on a tear, surging compared to May. However, exports are taking a hit, falling behind previous numbers. Domestic pricing continues a slight month-over-month climb, but remains 2-5% lower than last year. Capacity is tightening across the Southern US, while Midwest capacity continues…

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NPL Newsletter: Rate Updates, Tentative Canadian Border Agent Agreement, and the Trans-Pacific Shipping Boom

Jun 14, 2024

International shipping data continues to show a surge in activity, strengthened by an earlier-than-usual peak import season. Domestic pricing in all modes decreased slightly compared to the preceding week but remain up month-over-month. Our capacity index shows significant tightening in across all modes in California. Diesel prices had another great week, continuing their downward trajectory,…

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NPL Newsletter: Rate Updates, Ocean Freight Market Bracing for Highs, and Customs Surges

Jun 7, 2024

International shipping data is slightly delayed this month, look for updated port volume figures covering May’s activity in next week’s newsletter. Dry van and flatbed pricing saw a week of modest recovery with incremental rate hikes but remain down year-over-year (2.1% and 5.0%, respectively). Reefer rates, however, defied the trend, climbing nearly 4% month-over-month as…

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NPL Newsletter: Eagle Pass Volume, Canadian Border Patrol, and Propose Parcel Price Increase

May 31, 2024

International shipping activity saw a significant uptick in April, with both import and export volumes climbing. Look for updated port volume figures for May in next week’s article. Flatbed and reefer saw declines this week, dropping 0.6% and 1.4%, respectively. Dry van rates continued their upward trend, increasing 0.3% from last week. Diesel prices continue…

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NPL Newsletter: Rate Updates, California’s Proposed Diesel Ban, and Port Union Negotiations

May 24, 2024

The shipping industry is experiencing a surge in activity, with import and export volumes climbing. Exports are showing particularly strong growth, up 14% month-over-month. Domestic pricing across all modes has risen steadily week-over-week, reflecting the tightening capacity observed in most markets over the past two weeks. Diesel prices, however, continue their decline, falling another 1.2%…

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NPL Newsletter: Rate Updates, new China Tariffs, and the Air Cargo Boom

May 17, 2024

The shipping industry is seeing a surge in activity! Import and export volumes are climbing, with exports experiencing a particularly strong 14% month-over-month jump. Domestically, flatbed and reefer capacity is tightening in many regions as construction and produce seasons kick off. On a brighter note, diesel prices continue their downward trend, reaching their lowest national…

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