Archive for Press - page 9

The National Industrial Transportation League (NITL) is putting its weight behind the push to have rail storage fees fall under the oversight of the Federal Maritime Commission (FMC), insisting the charges be assessed as part of so-called “through” transportation under […]

Western companies are desperately looking for a backup to China as the world’s factory floor, a strategy widely termed “China plus one.” India is making a concerted push to be the plus one. Only India has a labor force and […]

Bankrupt retailer Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil. The home-goods retailer says […]

The Golden State continues to set the pace for clean-vehicle regulation in the U.S. This week, the California Air Resources Board (CARB) unanimously approved a new rule to phase out sales of diesel-powered medium- and heavy-duty vehicles by 2036. This is the […]

Freight fraud is spreading across trucking networks as tech-savvy operators impersonating middlemen skim off payments for shipping goods that can total thousands of dollars, industry executives say. The fraudulent tactic, long a nagging problem in trucking, has gained momentum in […]

Container volume on the westbound trans-Atlantic fell sharply in March, with forwarders and analysts expecting the steadily weakening demand to undermine the trade lane’s historically strong second quarter. An abundance of capacity and improving schedule reliability through the first quarter […]

Air cargo capacity continues to flood into service as airlines reactivate passenger flights and freighter operators launch new services between the major markets of Asia, the US, and Europe. In addition to long-haul passenger aircraft with significant belly freight capacity […]

Sharply correcting container shipping markets will result in plunging profitability for carriers this year, but massive savings in transport costs for importers and exporters in major markets, according to analysts. A rate collapse on major trades out of Asia during […]

Tusk Logistics co-founder and CEO Ben Emmrich longs for a day when parcel shipping rates adjust dynamically based on supply and demand. “It’s absurd that our industry hasn’t been able to get there yet in a meaningful way,” he said. […]

What began as a $510 small claims case brought by a trucking company has evolved into what some are calling a precedent-setting case, as the Federal Maritime Commission ruled that marine terminal operators may not impose detention and demurrage charges on days […]