nick austin

Oil market prices, port closures, carrier reaction and more

FreightWaves meteorologist Nick Austin and Reliance Partners’ Brian Runnels urge the industry to hunker down in August and September — hurricane season’s peak months.

“Strong winds” are blamed for causing the 20,000-TEU Ever Given to get stuck and block Suez Canal traffic in both directions.

In light of recent wind-related accidents, Reliance Partners’ Brian Runnels advises truckers to check their weight, slow down and monitor weather reports before hitting the road.

Class I railroad crews will spend the next two days clearing downed trees and restoring electric power along tracks in southern Louisiana.

Tropical Storms Laura and Marco continue to gain strength Sunday as they barrel toward the Gulf of Mexico, with Marco nearing hurricane strength.

While the storm is expected to weaken as it passes over the islands, Young Brothers pulls its interisland barges into calmer waters for the weekend.

While hurricanes produce an abundance of freight-hauling opportunities, truckers should understand it’s best to hunker down before hitting the load boards.

U.S. National Hurricane Center extends hurricane watch as Fort Lauderdale-Hollywood International Airport closes in response to tropical storm-level winds.

FreightWaves adds a full-time meteorologist to the analytics and editorial team. He will be developing tools and resources for market-participants to interpret and react to weather and climate related events.