Month: November 2025

As the potato harvest season in over 30 states draws to a close, with Idaho, Washington, and Wisconsin leading in volume, it’s no surprise that potatoes are the highest commodity shipped nationally, outstripping onions and apples by almost two to one. According to the USDA, potato shipments typically peak in late November each year, generating… Continue reading Reefer report: Potato harvest season peaks

Residential construction, specifically for single-family homes and existing home repair and remodeling, drives flatbed demand for lumber. According to Dustin Jalbert of Fastmarkets, the latter accounts for up to 40% of this demand. While the federal government shutdown has delayed the release of the U.S. Census Bureau’s September residential construction data—a key indicator for flatbed… Continue reading Flatbed report: Many homeowners are still postponing significant renovations

Japan’s largest ocean shipping lines saw Q2 profits decline on the effects of the U.S. tariff war, and cut their forecast for all of 2025.  Ocean Network Express on Tuesday said revenue for the June-August fiscal 2025 second quarter was $4.46 billion, down 24% from $5.9 billion in the year-ago quarter, with net profit of… Continue reading Japan’s ocean lines face profit decline amid tariff impact

Uber Technologies Inc.’s freight business remained stagnant in the third-quarter, generating $1.31 billion in revenue, unchanged from a year earlier. According to Uber’s quarterly financial report released Tuesday, Uber Freight’s gross bookings and revenue both held steady at $1.31 billion, while segment adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) posted a loss of… Continue reading Uber Freight revenue flat in Q3 as company posts strong delivery gains

Canada-based Cargojet and the cargo arm of Latam Airlines Group, headquartered in Colombia, have added scheduled freighter routes to and from Europe, giving businesses more shipping options. Cargojet (TSX: CJT) said it will launch weekly direct air cargo service on Saturday between its main Canadian hubs and Liege Airport in Belgium. Cargojet, which also operates… Continue reading Cargojet, Latam add new freighter routes, capacity to Europe