Bid from car hauler to revive defunct Yellow has shippers skeptical Jack Cooper Transport wants to outbid other truckers for the assets of the bankrupt less-than-truckload provider, but it’s not clear how the bid would work. Bid from car hauler to revive defunct Yellow has shippers skeptical Journal of Commerce
Read More →Bid from car hauler to revive defunct Yellow has shippers skeptical
on November 9, 2023in Industry News
CBP increases scrutiny of skyrocketing low-value international shipments
on November 9, 2023in Industry News
CBP increases scrutiny of skyrocketing low-value international shipments An explosion in the use of the so-called de minimis provision, which enables US consignees to bring in a package under $800 in value each day, has US customs regulators worried about the intrusion of illicit goods, such as fentanyl. CBP increases scrutiny of skyrocketing low-value international […]
Read More →ILA looking for local ports to bring in more union foremen
on November 9, 2023in Industry News
ILA looking for local ports to bring in more union foremen Alongside broader talks on wages for its members, the International Longshoremen’s Association said individual ports need to use more union supervisors and foremen, particularly throughout the South. ILA looking for local ports to bring in more union foremen Journal of Commerce
Read More →Ports America, CN launch Gulfport intermodal service targeting perishables
on November 9, 2023in Industry News
Ports America, CN launch Gulfport intermodal service targeting perishables The new north-south service will begin next week with trial runs transporting perishable goods out of Latin America to Chicago. Ports America, CN launch Gulfport intermodal service targeting perishables Journal of Commerce
Read More →Crashing trans-Atlantic spot rates delay long-term contract signing
on November 9, 2023in Industry News
Crashing trans-Atlantic spot rates delay long-term contract signing Carriers and shippers, however, believe there is little room left to fall for spot rates that are already below pre-pandemic levels. Crashing trans-Atlantic spot rates delay long-term contract signing Journal of Commerce
Read More →Hapag-Lloyd prioritizes costs as rates, earnings plummet
on November 9, 2023in Industry News
Hapag-Lloyd prioritizes costs as rates, earnings plummet The carrier has followed its peers with a sharp decline in earnings, and although still highly profitable, its CEO warned that rates on the east-west trade lanes are at unsustainable levels. Hapag-Lloyd prioritizes costs as rates, earnings plummet Journal of Commerce
Read More →Weak US imports via Western Canada reveal BC port challenge
on November 8, 2023in Industry News
Weak US imports via Western Canada reveal BC port challenge The cracks in the gateway’s attractiveness to importers and exporters out of the US Midwest were showing before this July’s work stoppage and the decline in import demand across North America. Weak US imports via Western Canada reveal BC port challenge Journal of Commerce
Read More →US truckload shippers urged to launch bids now to get best 2024 rates
on November 8, 2023in Industry News
US truckload shippers urged to launch bids now to get best 2024 rates An uptick in the West Coast share of Asian imports has already translated into heightened demand for surface transportation. US truckload shippers urged to launch bids now to get best 2024 rates Journal of Commerce
Read More →ILA, USMX remain at odds over dockworker wage increases: Daggett
on November 8, 2023in Industry News
ILA, USMX remain at odds over dockworker wage increases: Daggett The ILA president says further progress on a new master contract, as well as port-specific local deals, can’t happen until the two sides agree on coastwide pay hikes. ILA, USMX remain at odds over dockworker wage increases: Daggett Journal of Commerce
Read More →Zim reinstates China-US fast ship service to target e-commerce demand
on November 8, 2023in Industry News
Zim reinstates China-US fast ship service to target e-commerce demand US e-commerce imports are filling much of the available air cargo capacity out of China, spurring the ocean carrier to bring back an expedited service it was forced to mothball eight months ago. Zim reinstates China-US fast ship service to target e-commerce demand Journal of […]
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