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22
Mar
Florida-based Flagship Transport Abruptly Ceases Operations
Some 455 truck drivers who hauled freight under the banner of Flagship Transport LLC, a logistics holding company headquartered in Medley, Florida, say they have had no contact with company executives since last week, when they received text messages promising […]
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21
Mar
Labor Tensions Rise in Stalled West Coast Port Contract
Tensions in long-running contract talks at West Coast ports are worsening, with employers accusing unionized dockworkers of slowing cargo handling at the ports of Los Angeles and Long Beach, the nation’s busiest gateway for imported consumer goods. The sharp rhetoric […]
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16
Mar
US Truckload Rates Drop Sharply in February , but Not LTL Pricing
A 9.7 percent drop in the long-distance US truckload producer price index (PPI) in the first two months of 2023 shows shippers are winning rate concessions from motor carriers that are rolling back some, although not all, of the surface […]
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15
Mar
Globalization Not Going Into Reverse, Annual Index Finds
Despite much hand-wringing to the contrary over the past three years, the end of globalization is nowhere near nigh. The 10th annual DHL Global Connectedness Index, released Wednesday by Deutsche Post DHL Group (OTCUS: DPSGY) and New York University’s Stern School of Business, […]
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14
Mar
Maersk Shifts Detention Billing to Consignee Ahead of FMC Regulation
Maersk will begin billing container detention charges directly to consignees on so-called merchant haulage moves from April 1 in a move that portends evolving invoicing practices related to potential new requirements from the US Federal Maritime Commission (FMC). “With the FMC’s […]
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12
Mar
Borderlands: Mexico Starts 2023 as Top US Trade Partner
Mexico starts 2023 as top U.S. trade partner Mexico ranked as the United States’ top trading partner for the second consecutive month in January, according to the most recent data from the U.S. Census Bureau. Mexico’s total trade with the U.S. increased […]
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13
Feb
Air Cargo’s Lunar New Year Blues
Global airfreight weakness has worsened to start 2023 in the face of a global economic slowdown and the lack of a typical bounce around the Chinese New Year holiday. But there is cautious optimism that cross-border trade and demand for […]
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12
Feb
Cargo Thefts Spike 15% across US, Canada in 2022
The end of 2022 saw a surge in cargo thefts that pushed the yearly total to above an estimated $223 million worth of goods stolen across Canada and the U.S., according to recent data from CargoNet. The Verisk Analytics-owned data firm, […]
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10
Feb
January Imports Up from December, but February is Looking Weak
In January, U.S. containerized imports logged their highest month-on-month gain since last May, according to data from Descartes. Inbound volumes rose 7.2% versus December to 2,068,493 twenty-foot equivalent units, Descartes reported Wednesday. That’s the good news. The bad news is […]
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29
Jan
Electric Vehicles Will have Tough Audience in LTL Carriers
Electric trucks remain very much a show-me story in general. For less-than-truckload carriers, electric vehicles (EVs) may be a no-show unless certain things change. The lack of a robust infrastructure and recharging time are the twin bogeymen, but more so […]
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