FMC rulemakings and reports included in the Ocean Shipping Reform Act of 2022 will begin taking shape soon after the bill is enacted. Here’s a breakdown.
Employers association calls union’s work stoppage ‘absolutely irresponsible’. Both sides are slated to return to the negotiation table Friday.
President Biden underscored his support for ocean shipping reform as he prepares to speak at the Port of LA. Here’s a rundown of major efforts the administration has taken to date to ease supply chain disruption.
With President Biden to speak at the Port of Los Angeles on Friday, here’s a look at how California’s San Pedro Bay emerged as America’s key port complex.
“We are pleased with this settlement as it creates a common understanding in close cooperation and coordination with the authority on the future handling of demurrage and detention charges in the U.S.,” Hapag-Lloyd said.
The baby formula crisis is still acute. FedEx and United Airlines are helping out by delivering new shipments of formula from overseas on Thursday.
There is one reason behind this trade snarl. One. Can you guess? Bet you can’t unless you are an importer.
The International Maritime Organization and a California congressman look for strategies to lower emissions on World Ocean Day.
Companies ship by air because it’s faster than other modes. So how does shipping by sea actually help Cathay Pacific move air cargo through Hong Kong?
The French and Danish container lines CMA CGM and Maersk are reinvesting big profits in their air cargo fleets and service offerings.
Maersk said it can provide end-to-end supply chain solutions with its ships calling its APM Terminals Elizabeth, followed by clearance through Maersk Customs Services and finally storage, fulfillment distribution and inland transportation through Performance Team.
The Supreme Court said that a Southwest Airlines employee doesn’t need to go through arbitration to pursue a claim for overtime pay.
“Shifex has tremendous insight and we hope to inspire other freight forwarders to come out, be transparent about pricing and move this industry forward,” said Shifl founder and CEO Shabsie Levy.
SONAR helps break out key trade hot spots in CNBC Supply Chain Heat Map
CMA CGM, the world’s third largest liner company, froze spot rates in September-January, yet its revenue per container kept rising.
The air cargo market continues to lose altitude in the face of an overall economic slowdown and supply chain dislocations. Whether swiftly changing conditions enable airlines’ cargo business to swing it back to positive territory this summer is an open question. Air freight volumes tumbled 7% in May versus 2021, replicating April’s slide, as the […]
It took longer than expected, but the IMO 2020 investment pitch — save on ship fuel by installing scrubbers — is paying off big time.
The last four 747-8 freighters to roll off Boeing’s production line this year are going to all-cargo operator Atlas Air, which announced Thursday the first one recently received will be assigned to support Cainiao, the logistics arm of Chinese e-commerce giant Alibaba Group. The cargo jet will increase capacity on routes between China and the […]
The International Air Transport Association’s chief economist points to mixed signals for the economy and air cargo activity.
The number of container ships waiting off Los Angeles/Long Beach recently sank to 25, the lowest tally since July 2021.
