RGN Transportation & Logistics

RGN Group

[RGN Group @GroupRgn]

Among the landmark projects that have shaped our journey, RGN Group is proud to have played a leading role in the end-to-end development of the Versace-branded residences project in Beirut between 2010 and 2016.

[RGN Group @GroupRgn]

RGN Group is proud to have played a strategic advisory and leadership role in shaping the launch strategy and market positioning of One Central Saigon Ritz-Carlton Hotel and Residences, one of the most significant ultra-luxury integrated developments emerging in Southeast Asia.

[RGN Transportation & Logistics @LogisticsRgn]

🌟 Season's Greetings from RGN Group!

We wish you a Festive season rich with warmth, love, and enjoyable gatherings. May it also bring immense joy and peace to you and your loved ones, enriching your home and heart with the festive spirit. ❄️

[Bloomberg Energy @BloombergNRG]

Shipping giant Maersk is confronting a perfect storm of waning consumer demand, declining shipping rates, falling freight volume and elevated global inventory levels https://t.co/fohsPBNe2I

[RGN Transportation & Logistics @LogisticsRgn]

A seamless & sustainable transport network is key to a robust 🇪🇺 internal market. connecting 430 cities with ports, airports & rail terminals. Better 🇺🇦 &🇲🇩links

[RGN Transportation & Logistics @LogisticsRgn]

Operating costs for fleets have increased by at least $.30/mile in that period (driver, insurance, maintenance, equipment, and interest). Today, the national truckload spot rate is $1.59. Adjusted for "cost inflation", spot rates are $.18/mile less than the lowest rates of 2019.

[RGN Transportation & Logistics @LogisticsRgn]

2019 was called a "trucking bloodbath" because conditions were so poor that many trucking companies filed for bankruptcy. For carriers operating in the spot market, conditions are worse today.

The lowest national average spot rate (w/out fuel) in 2019 was $1.47/mile.

[RGN Transportation & Logistics @LogisticsRgn]

Tough weekend for trucking. Saw several post about there not being any freight on the boards Thursday and Friday leading into Easter. Spot Rates dropped $.05 cents over the weekend leading into Monday. Now at $2.25 a mile. Largest single day drop since we have started tracking.

[RGN Transportation & Logistics @LogisticsRgn]

The freight market downturn is a year old. When will the market turn around? - FreightWaves https://t.co/WQcHbQ4PJa

[RGN Transportation & Logistics @LogisticsRgn]

As oil market braces for higher prices, diesel benchmark drops again - FreightWaves. With the benchmark price used for most fuel surcharges dropping for a ninth consecutive week, diesel buyers might want to savor the decline while they can. https://t.co/aUaxUvq4fK

[RGN Transportation & Logistics @LogisticsRgn]

#NewProfilePic

[RGN Transportation & Logistics @LogisticsRgn]

In the chart below, the trend in shipping rates from China, which are now back to pre-pandemic levels and down, depending on the route, some -85% Y/Y
This is likely a combination of lower global demand and inventories that are fully stocked

[Sam Chambers @SamChambers]

'Global trends in 2023 will differ from those of the past two years' https://t.co/vGRUUpqOqK

[RGN Transportation & Logistics @LogisticsRgn]

Saudi Arabia Invests $2.4 Billion in Key Dubai Ports. Saudi Arabia Invests $2.4 Billion in Key Dubai Ports https://t.co/XpOUqDuUSY

[RGN Transportation & Logistics @LogisticsRgn]

https://t.co/kwsA97Lebl. More labor strife in logistics. Maersk prepares contingency plan with Port of Rotterdam negotiations. #supplychain #maritime https://t.co/kwsA97Lebl

[RGN Transportation & Logistics @LogisticsRgn]

https://t.co/TqnzjWDXRz

[RGN Transportation & Logistics @LogisticsRgn]

Maritime ship supply continues to be dominated by three countries – China, Korea, and
Japan – which in 2022 had 94 per cent of the market. Over the past year, shipbuilding increased
in China by 15.5 per cent and in Korea by 8.3 per cent, in Japan declined by 16.4 per
cent.

[RGN Transportation & Logistics @LogisticsRgn]

Port Houston Posts Another Container Gain in November https://t.co/vEbgrLheM6