More American Shipper Headlines
Maritime
Gulf Coast ports continued to see rising volumes in October
Gulf Coast ports got a boost in October from imports of steel, plywood and bagged goods, as well as exports of crude oil.
Container News
CMA CGM, Hapag-Lloyd announce leadership changes in North America
Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.
Most Popular American Shipper Articles
Lufthansa Cargo begins scheduled service to Hanoi
Lufthansa’s cargo division has expanded service to Vietnam.
FreightWaves Flashback: E-shipping blues
1999: eBay ushers in e-commerce’s most dramatic distribution channel disruption in decades.
Cathay Pacific cargo traffic shrinks 25% in October
A weaker-than-normal shipping season is hurting Cathay Pacific Cargo’s ability to recover from the pandemic.
Boeing certification troubles in Canada ground 1st WestJet freighters
Canada’s WestJet plans to start flying cargo jets next year after a frustrating wait to get the planes registered.
Amazon air hub workers launch campaign to form union
Amazon is expected to fight a new effort by workers at its air cargo hub in Northern Kentucky to form a union.
What do crazy $500,000-per-day rates say about shipping demand?
Stratospheric LNG shipping rates offer a lesson on the do’s and don’ts of measuring earnings momentum.
Trade Compliance
As US-China relations worsen, expect supply chain chaos
Trans-Pacific trade is the foundation of American retail and industry. But souring U.S.-China relations threaten that.
Flexport juices trade finance program with $200M credit line from KKR
FreightWaves SONAR data revealed global recession months before FedEx’s earnings
Flexport taps Amazon pipeline again for operations leader
FreightWaves Classics/ Infrastructure: Blue Water Bridge is a key US-Canada crossing
Infrastructure
Watchdog finds DOT could be hindering infrastructure grants
A GAO report recommends DOT better explain its grant-funding procedures so that applicants won’t overestimate how much money they must contribute to qualify for funding.
Pilot and Volvo Group add to public electric charging projects
US airports need subsidies for cargo modernization, groups say
A startup’s big bet on a Southwest electric truck corridor
US DOT to help oversee Ukraine infrastructure rebuilding
Shipping + Maritime
Chaos theory: How tankers thrive amid energy crisis and war
Global energy trades face even more tumult ahead. “This could get crazy,” says Scorpio Tankers’ Robert Bugbee.
Canada’s transport minister seeks to beef up port investments, railway safety
United States Lines enjoyed its share of glory years
CP CEO: KCS merger opens up Lazaro port as Pacific alternative
Hapag-Lloyd CEO: Container market volatile but not collapsing
Shipper's Perspective
Shippers’ revenge is coming for truckload carriers
FreightWaves founder and CEO Craig Fuller provides insight into the state of trucking contract rates.
FreightWaves Classics: Shipping line brought fresh fruit to the Northeast in the late 1800s
2021 Shipper of Choice profile: The Home Depot
FreightWaves launches SONAR SCI Lane Acuity
Commentary: How are freight professionals adjusting to COVID-19?
Air Cargo
UPS hikes international jet fuel levies even as prices fall
UPS announces that export and import fuel levies will rise by 150 basis points effective Dec. 5.
MSC Air Cargo moves up start date for global freighter service
CargoLogicAir, casualty of Russia sanctions, faces liquidation
Amazon air cargo service takes wing at Manchester-Boston airport
Toronto airport plans to convert offices into cargo facility
Fuel
DOE/EIA benchmark diesel price sees biggest 1-week drop since August
The benchmark diesel price used to set most fuel surcharges has dropped four out of the past five weeks.
Benchmark diesel price down 8 cents; signs point to further declines
Benchmark DOE/EIA price down 2 cents; diesel futures market sliding hard
2 fuel retailer groups have a message: There will be enough diesel
EIA diesel benchmark rises as other market factors point divergently
Rail
Lawmakers, rail unions slam Biden’s call to impose labor contract
Congress is poised to pass a bill that will thwart a rail strike. But some lawmakers are breaking rank to call for an amendment that rail workers agree with.
Rail strike impact could be quick for commodities like cars, auto parts, beer
If a prolonged rail worker strike happens, expect cross-border commodities such as cars, auto parts and Mexican beer to be bogged down.
Rail Roundup: CN, NS make leadership changes
CN and Norfolk Southern announce leadership changes. Transport Canada looks to fund projects aimed at promoting climate resiliency for rail infrastructure.
Biden calls on Congress to prevent rail strike, addresses unions’ sick leave grievances
President Joe Biden is compelling Congress to intervene if there is a rail strike — and hinting that both sides should accept the labor agreement as it stands.
Over 400 trade groups plead with Congress to prevent rail strike
In a letter sent Monday to legislative leaders, trade groups warn of a financial disaster should a railroad strike occur on Dec. 9.
GAO: Rail safety regulators should beef up close call reporting program
The U.S Government Accountability Office says the Federal Railroad Administration could do more to increase the participation of railroads in a program geared toward addressing the root causes of close calls in the workplace.
5 things you should know about a potential rail strike
Is a rail strike imminent? Here are five things that might help you understand how we got here.
Regulators want Union Pacific to explain big jump in embargoes
The Surface Transportation Board wants to know why Union Pacific has been issuing hundreds of embargoes since 2018.
Stakeholders reach potential settlement on Gulf Coast Amtrak service
Amtrak and other stakeholders are asking the Surface Transportation Board to hold off on a November hearing on Amtrak’s request to restore Gulf Coast service because of a potential settlement.
Reflecting on the deadly rail strike of 1877
A potential rail strike in the coming weeks has echoes of the infamous railroad strike of 1877, but with hopefully much less dire consequences. (Photo: AP/Gene J. Puskar)
FreightWaves News
Hyundai’s Xcient positioned for instant US fuel cell truck leadership
When the 35 fuel cell trucks Hyundai is importing to California arrive in 2023, the South Korean automaker instantly assumes U.S. leadership.
Amazon cloud computing unit rolls out supply chain application
S&P sees still-challenged financial makeup for restructured 3PL Neovia
FMCSA rejects work-rule exemption for livestock haulers
EDI still proves to be powerful solution for carrier-shipper connections
Macy’s is opening e-commerce distribution centers inside stores
Owner-operators find solace in contractor roles as market turns
Best Warehousing and Transportation acquired by private equity
OmnisTMS integrates FreightWaves TRAC spot rates
Texas carrier, HR company settle sex discrimination suit
Lordstown Motors gets OK to ship electric commercial pickup trucks
Driver surveys offer retention, safety benefits
Locus Robotics raises $117M, eyes IPO
