Expeditors’ revenue jumps 84% alongside 97% transportation cost leap
Despite beating the Wall Street consensus, Expeditors’ stock declined.
Despite beating the Wall Street consensus, Expeditors’ stock declined.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
Cybercriminals have attempted to sell network access for multiple shipping and logistics firms, opening the door for devastating ransomware attacks in the global supply chain, a new report warns.
Matson set additional emissions-reduction targets Monday. The Hawaii-based shipping company plans to reach its goals by improving efficiency and accelerating zero-carbon fuels and technologies.
The ports of Los Angeles and Long Beach are turning into makeshift warehouses. Officials hope new fines on lingering cargo will end the practice.
Maersk expands air business after earning more in a single quarter than in any prior full year.
TCA and Blume Global will present a free webinar on the current congestion at the ports and how digitization can help ease the backlog.
The Port of Los Angeles is hoping to scare the freight community into more efficient behavior with big fines for the slow retrieval of containers.
The ports of Los Angeles and Long Beach haven’t informed federal regulators yet about their plans to hit ocean carriers with big fees for excessive storage of containers.
Inventory restocking and demand for domestic intermodal service will support Hub Group into next year, executives said.
The ports of Los Angeles and Long Beach are turning to heavy-handed tactics to address a container logjam that is gumming up supply chains.
Shippers, carriers and logistics companies aren’t getting many answers yet about hefty surcharges for lingering containers at the ports of Los Angeles and Long Beach.
Trans-Pacific container shipping rates remain exceptionally strong despite a dip earlier this month.
California and federal officials are partnering to speed up future freight infrastructure investments, as well as reduce delays impacting cargo flows today.
The daily surcharge fines begin Monday, but there has been no immediate surge of container activity.
Biden-backed plan to tackle container congestion could make logjam even worse, critics believe.
The Port of Long Beach is trying to innovate its way out of container gridlock. The latest move is regular shuttle trains to Utah to reduce less efficient truck moves.
A Florida lawmaker says China is undercutting the container gantry crane market and increasing cyber-risks for U.S. ports.
The Los Angeles/Long Beach cargo community is confused about punitive fees on ocean carriers designed to expedite the clearance of containers from marine terminals.
The Jacksonville Port Authority handled more than 1.4 million TEUs in its 2021 fiscal year, an all-time annual record, and it says it’s ready to take on more for those wanting “congestion-free” service.