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09
Jan
Overcoming 2024 Chinese New Year Supply Chain Challenges
The Chinese New Year in 2024, which begins on February 10 and ends on February 17, is expected to significantly impact shipping and supply chain dynamics between China and the USA. Here’s a summary of the major effects and some […]
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18
Dec
Red Sea Rerouting to Raise Ocean Rates, Absorb Capacity
Rising rate levels and the absorption of surplus capacity are two of the likely outcomes for ocean carriers from the wide-scale rerouting of container ships around southern Africa to avoid accelerating Red Sea attacks. The alternative route around the Cape […]
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13
Dec
DHL Express Workers Extend Picket Lines Across US
DHL Express workers represented by the Teamsters union have walked off the job at several U.S. locations in solidarity with ramp workers who went on strike a week ago at the company’s giant airhub at Cincinnati/Northern Kentucky International Airport (CVG). […]
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11
Dec
Panama Canal Transits Plunge as Larger Ships are Turned Away
The official Panama Canal transit numbers for November are out — and they’re ugly. November could be the tip of the iceberg. Reservation slots are being slashed further this month and in January. The total number of transits declined 22% […]
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04
Dec
Biden Administration Announces Massive Logistics Plan
The Biden administration has announced a huge plan to tackle issues plaguing the U.S. supply chain that covers several cross-government partnerships. In announcing the plan Monday, White House officials said the strategy of using both domestic tools and international partnerships […]
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01
Dec
Feds Told to Start Rating ‘Unrated’ Trucking Companies for Safety
WASHINGTON — Major trucking companies and brokers who book their freight are pressuring the Federal Motor Carrier Safety Administration to attach a safety rating to carriers operating without such a rating — a situation that exists for over 90% of […]
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29
Nov
Reviving Yellow: A Bid to Resurrect the Fallen Trucking Giant
The bankruptcy of Yellow, a significant player in the trucking industry, has sparked a complex situation involving various stakeholders, including competing trucking companies, government entities, and thousands of former employees. The company, previously a dominant force in the less-than-truckload sector, […]
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16
Nov
Global Container Shipping Industry Faces Turbulent Times Ahead
Darkening Outlook and Challenges Ahead The global container shipping industry is bracing for a challenging period, with Drewry’s latest container forecaster predicting a substantial industry-wide loss of $15 billion in the coming year. Simon Heaney, Drewry’s senior manager of container […]
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15
Nov
Enhancing Port Security and Efficiency: The Introduction of the CBP SPACE Act to Bolster Federal Funding for U.S. Inspection Services
The CBP SPACE Act, recently introduced in the U.S. House of Representatives, aims to increase federal funding for inspection services at U.S. ports. This move comes in response to the Customs and Border Protection’s (CBP) pressure on ports to cover […]
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14
Nov
Shipping Industry Faces Potential $10 Billion Annual Loss by 2050 Due to Climate Change Challenges
The Mississippi River, a crucial artery for U.S. commerce, has been experiencing severe drought conditions leading to significantly lowered water levels. This has caused ships to run aground, prompting the U.S. Army Corps of Engineers to intervene with a dredge […]
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