FMC draft on exports offers carriers vast loophole: shippers
The FMC is trying to outline when it’s cheap for ocean carriers to refuse export cargo, however some shippers say the company is making it too simple for that to occur.
The FMC is trying to outline when it’s cheap for ocean carriers to refuse export cargo, however some shippers say the company is making it too simple for that to occur.
Freight market fraud is on the rise, with transportation professionals reporting a rise in double brokering, the apply whereby thieves falsely establish themselves as legit truckers in an effort to entry freight or intercept masses. And that’s simply one of…
Catastrophe restoration efforts are nonetheless persevering with on Hawaii’s island of Maui some two weeks after hurricane winds fanned a wildfire that torched town of Lahaina, killing dozens of individuals and destroying the neighborhood, based on the American Logistics Support…
[Stay on top of transportation news: Get TTNews in your inbox.] Rivian Automotive Inc. shares rose in early buying and selling after the automaker reported progress in ramping up manufacturing and reaffirmed its purpose to construct 25,000 electrical autos this…
A nickel mining website in Sorowako, Indonesia, in June 2022. (Dimas Ardian/Bloomberg) [Stay on top of transportation news: Get TTNews in your inbox.] Seven months after President Joe Biden signed the Inflation Discount Act into regulation, the magnitude of the…
Whereas US intermodal shippers are happy service has improved, some don’t want the service reliability they sought earlier within the 12 months due to elevated inventories and fears of an financial recession.
The primary-half outcomes of Hapag-Lloyd and HMM mirror these reported by their friends, with earnings severely challenged by the quickly normalizing market.