Beware ‘nasty side effects’ if government targets ocean carriers
“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
“Be careful what you wish for,” warns industry expert Lars Jensen of proposals to rein in container shipping’s boom.
In this exclusive Q&A, Federal Maritime Commission Chairman Daniel Maffei notes that “the supply chain is overheated. It’s like we are going from nine lanes to four lanes and then squeezing more traffic into them.”
Biden’s executive order calls on the Justice Department to help regulators monitor pricing practices and anticompetition in the container shipping and rail sectors.
The proposals hope to enforce the carriage of trade and excessive penalties U.S. importers are being charged by foreign carriers.
The containers that U.S. shippers need are all built in China, where factories could set a new production record this year.
Ag letter is the latest in a series of urgent pleas to stop the denial of trade and increased demurrage costs.
Daniel Maffei becomes chairman at a time of massive disruption in the world of trade.
Fireworks could be stuck at sea by the time the Fourth of July rolls around. Blame massive port congestion and overloaded freight networks. The fireworks industry is asking the Biden administration to provide a fix, but what can it do?
AgTC’s Peter Friedmann said Hapag-Lloyd’s Rolf Habben Jansen failed to mention in a press conference that the container shipping lines are enjoying record profits “while pushing their customers into real financial trouble, some towards bankruptcy.”
A change in political direction – and ongoing concerns – greet 10 Biden picks who will deal with freight issues.
California calls on feds to protect exporters. Shipping groups claim California export cure will worsen congestion — including for importers.
FMC commissioners appeal to President Joe Biden to immediately vaccinate the maritime workforce.
Ocean carrier Maersk says it is “working closely with the Agriculture Transportation Coalition and local trucking associations to address their concerns of equipment availability and detention and demurrage issues.”
The Agriculture Transportation Coalition is grateful to the Federal Maritime Commission for its support of American shippers.
Quick action comes on heels of a call for action by key trade group; Commissioner Maffei says it may not be enough
LaQuenta Jacobs promoted to provide cultural leadership and strategic direction.
Darren Prokop’s commentary concerns whether price gouging is taking place on container shipping between Asian ports and the U.S.
Bill Doyle has been steering the Dredging Contractors of America
Move aimed at preventing possible container transportation emergency.
Harbor Trucking Association hosts a wide-ranging conversation with West Virginia senator.