ILWU ratifies new labor contract with West Coast waterfront employers Some 75% of union members participating in the vote agreed to ratify the tentative contract that was reached in mid-June, opening the door to labor peace at West Coast ports at least through mid-2028. ILWU ratifies new labor contract with West Coast waterfront employers Journal […]
Read More →ILWU ratifies new labor contract with West Coast waterfront employers
on August 31, 2023in Industry News
Warning: EU ETS ahead
on August 31, 2023in Industry News
Warning: EU ETS ahead Breakbulk carriers and their clients must prepare for the EUs new emissions trading system before the Jan. 1 start Warning: EU ETS ahead Journal of Commerce
Read More →Smaller LTL fleets gain freight, add terminals post-Yellow
on August 31, 2023in Industry News
Smaller LTL fleets gain freight, add terminals post-Yellow Regional LTL carrier A. Duie Pyle and point-to-point trucking firm Hercules Freight are finding opportunities to expand as shippers adjust to the loss of Yellow’s capacity. Smaller LTL fleets gain freight, add terminals post-Yellow Journal of Commerce
Read More →FMC publishes list of NVOs at risk of losing licenses over tariff non-compliance
on August 31, 2023in Industry News
FMC publishes list of NVOs at risk of losing licenses over tariff non-compliance The move is part of an ongoing effort by the FMC to bolster the oversight of regulated entities through “informed compliance,” an agency spokesperson said. FMC publishes list of NVOs at risk of losing licenses over tariff non-compliance Journal of Commerce
Read More →FMC publishes list of NVOCCs at risk of losing licenses over tariff non-compliance
on August 31, 2023in Industry News
FMC publishes list of NVOCCs at risk of losing licenses over tariff non-compliance The move is part of an ongoing effort by the FMC to bolster the oversight of regulated entities through “informed compliance,” an agency spokesperson said. FMC publishes list of NVOCCs at risk of losing licenses over tariff non-compliance Journal of Commerce
Read More →Carriers on course for healthy year despite tumbling profits: analyst
on August 31, 2023in Industry News
Carriers on course for healthy year despite tumbling profits: analyst A series of quarterly profit declines by container shipping lines will still not be enough to drag the industry into the red in 2023, says analyst John McCown. Carriers on course for healthy year despite tumbling profits: analyst Journal of Commerce
Read More →Southeast US ports reopen after Hurricane Idalia blows through region
on August 31, 2023in Industry News
Southeast US ports reopen after Hurricane Idalia blows through region Given the short duration of the port and terminal closures, impacts appeared minimal as Jacksonville, Savannah and Charleston resumed normal operations. Southeast US ports reopen after Hurricane Idalia blows through region Journal of Commerce
Read More →'Rushed' sourcing shift out of China prompts some reconsideration
on August 31, 2023in Industry News
‘Rushed’ sourcing shift out of China prompts some reconsideration For any number of product categories, relocating sourcing brings with it less efficient logistics, occasional lower quality and overall higher costs at a time when cost control is rapidly assuming a higher priority for shippers. ‘Rushed’ sourcing shift out of China prompts some reconsideration Journal of […]
Read More →Jaxport, Savannah closed; Charleston halts vessel moves as Idalia moves ashore
on August 30, 2023in Industry News
Jaxport, Savannah closed; Charleston halts vessel moves as Idalia moves ashore Ports along the southeast coast of the US were experiencing various stages of disruption after a major hurricane made landfall on Florida’s west coast. Jaxport, Savannah closed; Charleston halts vessel moves as Idalia moves ashore Journal of Commerce
Read More →Poor IT strategy over the years contributed to Yellow’s demise: analyst
on August 30, 2023in Industry News
Poor IT strategy over the years contributed to Yellow’s demise: analyst An LTL carrier like Yellow is an extremely complicated business, and much like the railroads, the enterprise software it used was developed internally – often over decades – because there was no “off-the-shelf” solution, writes analyst Ted Prince. Poor IT strategy over the years contributed […]
Read More →