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The rise in fuel prices is slowing a decline in spot rates while also potentially suppressing base revenue for some carriers, experts said.

With the largest infusion of direct federal infrastructure spending set to begin, port leaders from around the country say they’re ready to begin rebuilding and upgrading their facilities to keep up with a record number of cargo containers moving through ports.

WASHINGTON — Postmaster General Louis DeJoy said March 31 that the Justice Department has closed without criminal charges an investigation into political fundraising activity at his former business.

Global supply strains that started to ease in early 2022 are worsening again as headwinds strengthen from the war in Ukraine and China’s COVID lockdowns, threatening slower growth and faster inflation across the global economy.

Sen. Elizabeth Warren (D-Mass.) blamed rising U.S. inflation in part on the largest ocean shipping companies, calling “the anti-competitive nature” of the industry the root cause of soaring prices to transport goods around the global economy.

The U.S. Postal Service announced March 24 it ordered more than 10,000 new electric delivery trucks, up from the 5,000 the agency had initially planned to purchase.

WASHINGTON — The Biden White House intends to seek a boost in funding for infrastructure programs and freight-related grants in its upcoming budget request to Congress.

Congestion in the key Chinese ports of Shenzhen and Hong Kong due to COVID-19 lockdowns has risen to the highest level in five months, posing possible delays to goods heading to the U.S. this summer.

WASHINGTON ­— A U.S. Senate panel easily approved legislation meant to facilitate the flow of freight at the country’s ports.

Canadian Pacific Railway said it will resume normal operations after it agreed to work with an arbitrator on a contract for 3,000 workers, ending a two-day work stoppage.