Category: Shipping

September 29, 2023

America has committed a massive sum — $43.7 billion and rising — toward military equipment for Ukraine. Simultaneously, the U.S. and NATO have ramped up their joint exercise, Operation Atlantic Resolve, in the wake of Russia’s invasion of Ukraine. For […]

September 29, 2023

Air Transport Services Group is not feeling the contraction in air cargo shipping as much as other carriers despite express delivery customers streamlining flight activity in their networks, CEO Rich Corrado told investors this month. Amazon’s air logistics unit and […]

September 29, 2023

Only 20 percent of shippers are satisfied with the level of communication and visibility they receive from their Logistics Service Providers (LSPs), according to a recent survey Tive, an end-to-end shipment visibility solutions provider, conducted with FreightWaves. Many logistics professionals […]

September 29, 2023

Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest U.S. storage hub reverberate through markets from Asia to the Middle East […]

September 29, 2023

America’s crop exports are once again at risk due to a diminished Mississippi River. Months of dry weather and the hottest summer ever shrunk the vital channel that funnels barges of grain and soybeans from the Midwestern crop belt to […]

September 27, 2023

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers. Atlanta-based UPS plans to hire more than 100,000 seasonal workers to meet […]

September 26, 2023

With all the attention on U.S. consumers and inventory levels, Europe’s importance to shipping lines can get lost in the shuffle. The Asia-Europe trade is pivotal to container shipping operators — and this trade is now under severe pressure. Judah […]

September 25, 2023

Throughout the pandemic-influenced years of 2020 through 2022, when demand for trucks soared and capacity evaporated, third-party logistics providers and freight brokers assuaged shippers by simply locating a truck for their freight. Fast forward to 2023. Now, it’s a struggle, […]

September 20, 2023

Logistics companies are working to reduce emissions in freight and transportation services to help create a more sustainable supply chain and reap the many benefits that come along with making such a decision. Third-party logistics (3PLs) providers, for instance, are […]

September 19, 2023

The Federal Maritime Commission wants supply chain stakeholders to review and comment on the proposed processes and definitions identified in the Maritime Transportation Data Initiative (MTDI), according to a Request for Information shared on Aug. 16. FMC commissioner Carl Bentzel […]

September 15, 2023

New Jersey-based Accurate Transport, a regional transportation and logistics company, recently announced that its new terminal hub in Houston began full operation on Aug. 28. “We are thrilled to open our most advanced terminal hub yet, right here in Houston,” […]

September 13, 2023

Innovation drives entire industries forward as new feature-rich software solutions appear all the time. Numerous companies from the logistics industry are also undergoing a significant change nowadays. With the global digital transformation expenditure poised to soar to a staggering $3.4 […]

September 7, 2023

UPS Inc. (NYSE: UPS) said late Thursday that it will raise 2024 tariff rates 5.9% on all air, ground and international services, effective Dec. 26. The move matches rival FedEx Corp. (NYSE: FDX), which announced a 5.9% increase late last […]

September 1, 2023

Norwegian offshore vessel owner Havila Shipping has secured a charter extension from compatriot offshore contractor Reach Subsea for the multipurpose support vessel (MPSV) Havila Subsea. The existing contract for the 2011-built vessel, which lasts until the end of this year, […]

August 31, 2023

Peak season for the Port of New York and New Jersey has arrived. Not only did the port take the top spot for containers moved in July, but it was the port’s highest monthly total since October 2022. A total […]

August 31, 2023

High detention times have plagued the industry for years. The impact that wait times have on carriers and drivers – including lost time, money and safety – are well documented. Shippers, however, continue to have misconceptions about wait times and […]

August 31, 2023

UPS Inc. is offering pilots an early retirement package to reduce payroll amid declining package volumes. The integrated parcel and logistics giant confirmed Thursday it wants to trim senior pilots from its ranks, a day after communicating with the pilot […]

August 29, 2023

Thessaloniki Port Authority (ThPA) announced a new container block-train service between Thessaloniki and Skopje, the capital of the Republic of North Macedonia. At the same time, it marks the one-year anniversary of the railway link between Thessaloniki and Nis, Republic […]

August 28, 2023

Florida legislators have provided the Jacksonville Port Authority (Jaxport) in Florida $30 million to purchase two new container cranes for the Blount Island Marine Terminal at the Port of Jacksonville. Jaxport says the cranes will increase the port’s cargo handling […]

August 23, 2023

The widespread headlines on Panama’s drought and the traffic jam of ships at the canal sound ominous. Authorities at the Panama Canal Authority (ACP) have called this year’s water shortages an “unprecedented challenge.” Media coverage on the canal begets more […]