CLIFF NOTES 

Top Logistics Headlines This Week

Domestic Freight Management

Diesel Prices Rise To Highest Mark Since 2014

The United States' average price for a gallon of diesel increased to $3.157, up 2.4 cents from last week and up 18.4 cents over the last four months. The increase in diesel fuel prices could have an impact on shipping costs. See more here.

ATA Truck Tonnage Index Decreased 1.1 Percent In March

American Trucking Associations' Truck Tonnage Index declined 1.1 percent in March after easing 0.8 percent in February. Compared with March 2017, the index jumped 6.3 percent, which was below February's 7.7 percent year-over-year gain. See more here.

Duty And Tariffs: What Importers Should Know

Since 1789, the United States has been collecting duty on imports. Ensuring compliance with the latest regulations regarding tariffs and duty is imperative for importers. Read more about recent tariff updates in our new blog post here.

March Airfreight Prices Up On 2017 Levels

Average airfreight rates continued to track ahead of last year during the month of March. Rates increased 7.1% compared to March 2017 but lags behind February 2018 levels. Possible contributing factors include the timing of Chinese New Year and a slowdown in demand before the summer months. See more here.

Trans-Pacific Spot Rate Jump: One-Off Or Early Peak Season?

Spot rates in the eastbound Pacific trade lane jumped 21.8 percent to the West Coast and 8.1 percent to the East Coast this week. The year-over-year West Cost rate is down 12.6 percent and the East Coast rate is down 10.7 percent.

Retail Consolidation

How Walmart-Flipkart Deal Could Disrupt Online Retail Industry In India

A potential partnership between Walmart and Flipkart in India could yield a new retail model that supports both on-the-ground and online channels. Walmart is expected to benefit from the well-established delivery system from Flipkart, giving Walmart logistics support throughout India. See more here.

Freight Costs Weigh Heavily On Companies

Higher than normal freight volumes are leading many companies to book transportation space earlier in the shipping cycle. Severe weather, high driver turnover and the ELD mandate have all been factors in tighter capacity. See more here.