Louisiana governor aims to restore funds for new Port NOLA terminal Louisiana’s state legislators made a surprise cut to funding the Port of New Orleans planned to use for the design and planning of a new $1.5 billion mega-terminal. Louisiana governor aims to restore funds for new Port NOLA terminal Journal of Commerce
Read More →Louisiana governor aims to restore funds for new Port NOLA terminal
on June 16, 2023in Industry News
La. Governor aims to restore funds for new Port NOLA terminal
on June 16, 2023in Industry News
La. Governor aims to restore funds for new Port NOLA terminal Louisiana’s state legislators made a surprise cut to funding the Port of New Orleans planned to use for the design and planning of a new $1.5 billion mega-terminal. La. Governor aims to restore funds for new Port NOLA terminal Journal of Commerce
Read More →Teamsters-ABF pact would boost LTL wages, limit driverless technology
on June 16, 2023in Industry News
Teamsters-ABF pact would boost LTL wages, limit driverless technology Leaders within the International Brotherhood of Teamsters have endorsed a tentative contract reached with ABF that would set a high bar for other unionized carriers in the largely non-union less-than-truckload sector. Teamsters-ABF pact would boost LTL wages, limit driverless technology Journal of Commerce
Read More →ILWU scores 32% wage increase, $70 million bonus in tentative new contract
on June 16, 2023in Industry News
ILWU scores 32% wage increase, million bonus in tentative new contract In addition to a 32% increase in dockworker wages over the life of the six-year deal, the tentative US West Coast longshore labor agreement includes a one-time $70 million bonus for staying on the job during the COVID-19 pandemic. ILWU scores 32% wage increase, […]
Read More →West India ports reopen to limited operations after cyclone
on June 16, 2023in Industry News
West India ports reopen to limited operations after cyclone Some inland logistics services have resumed, but vessel movements at the ports of Pipavav and Mundra remain suspended due to disruption stemming from Cyclone Biparjoy. West India ports reopen to limited operations after cyclone Journal of Commerce
Read More →Chassis providers rehabbing fleets as costs for new units remain elevated
on June 16, 2023in Industry News
Chassis providers rehabbing fleets as costs for new units remain elevated With demand in ports and rail hubs weak, chassis providers are turning their attention to refurbishing older, less reliable units, a process that is expected to take years to complete. Chassis providers rehabbing fleets as costs for new units remain elevated Journal of Commerce
Read More →Resilient US trucking revenues could slow capacity adjustments: analyst
on June 16, 2023in Industry News
Resilient US trucking revenues could slow capacity adjustments: analyst Despite a sharp decline in rates amid slowing demand and higher costs, total revenue for truck transportation companies remains elevated, and that could keep capacity in the market longer, writes Professor Jason Miller. Resilient US trucking revenues could slow capacity adjustments: analyst Journal of Commerce
Read More →Tentative West Coast longshore deal triggers lengthy ratification process
on June 15, 2023in Industry News
Tentative West Coast longshore deal triggers lengthy ratification process After 13 months of contentious negotiations that spawned numerous job actions by dockworkers, the ILWU and waterfront employers will engage in a ratification process expected to take several months. Tentative West Coast longshore deal triggers lengthy ratification process Journal of Commerce
Read More →West Coast labor deal finally reached, but the damage is done
on June 15, 2023in Industry News
West Coast labor deal finally reached, but the damage is done Labor woes along the West Coast over the past year highlighted a stark difference: Shippers on the East and Gulf coasts are customers whose business is valued, while West Coast shippers are not customers in the traditional sense, but more like helpless bystanders, writes […]
Read More →May US imports highest of 2023, but down 20% from year-ago: data
on June 15, 2023in Industry News
May US imports highest of 2023, but down 20% from year-ago: data ost big US ports are closing out the first half of 2023 with year-on-year double-digit volume declines as retail sales falter, but the West Coast labor deal may spark a seasonal uptick. May US imports highest of 2023, but down 20% from year-ago: […]
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