The arrival of the largest container ship at the Jacksonville Port, along with the deepening of the harbor, has the potential to impact the portable storage industry. The increased capacity of the larger vessels means more goods can be transported, leading to potential growth in demand for container storage solutions. The efficiency gained...

According to a recent report by Allied Market Research, the global shipping containers market is expected to reach $12.08 billion by 2027, growing at a CAGR of 4.3% from 2020 to 2027. The Asia-Pacific region dominates the market in terms of growth, followed by Europe, LAMEA, and North America. The increase in demand for cargo...

The global market for foldable steel containers is expected to reach US$ 130 billion by 2032, growing at a CAGR of 3.75%. The increased maritime shipping resulting from improved trade agreements between nations is a key driver of the market's growth. Foldable steel containers are built to...

Exporters from Ireland to Asia and the US are benefiting from a significant drop in shipping rates this year, with costs being up to 85% lower than in 2022. The fall in shipping rates is due to a correction in the international shipping imbalance caused by the pandemic. This development...

Excess containers left from the pandemic highs of container shipping demand are causing congestion and space shortages at ports and storage yards in Europe. This is due to the current container...

Fleets need to know where their assets are and how they are doing at all times. This means adding smart technology that connects individual assets to the larger operation. Fleets are familiar with some smart features like...

U.S. trailer orders in January decreased by 9% YoY to 24,300. Although demand remains strong and cancellations are low, some orders are being made to replenish dealer stock rather than going directly to fleet customers. Fleet customers are...

While other industries are hiring, trucking companies face an average driver turnover rate of more than 100 percent annually. This means that they have to hire twice as many drivers as they need just to replace those who leave due to retirement or other reasons. The lack...

The transportation sector continued to expand in May, but at a slightly slower pace than in recent months. LMI's Transportation Index fell nearly seven points (to 60.9) after two straight months of increases The downward shift over the past two months may signal a return to...