Tag: shipping

June 27, 2022

For an alleged cartel that President Biden believes is deviously ripping off Americans, the container shipping oligopoly is sure doing a lousy job of managing its future capacity. The price of newbuild container ships keep rising, yet liner operators and […]

June 24, 2022

Recruiting drivers is becoming more difficult. With the country navigating a weakening economy, companies industry wide are struggling to hire and retain drivers. According to Andrei Zakhareuski, CEO of Driving Tests, rising attrition rates across the industry can and will […]

June 24, 2022

The miles may be long in trucking, but the grind also occurs at a more granular level. “Trucking is a business of ‘a little goes a long way,’” notes Reliance Partners Director of Safety Robert Kaferle. Everything from contracts to […]

June 23, 2022

Seanergy Maritime Holdings Corp. announced today that it has agreed to acquire a modern Capesize vessel (the “Vessel”) from a major Japanese company. The Vessel is intended to substitute the Company’s oldest vessel, the M/V Gloriuship, which will be spun-off […]

June 22, 2022

FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information. The purpose is to help businesses navigate challenges, operate more efficiently and develop new growth opportunities. Without disclosing […]

June 22, 2022

Using artificial intelligence and chatbots to handle contract negotiations for shippers and suppliers may seem like science fiction, but Pactum believes it has created the technology that could arrange better deals for everyone. Mountain View, California-based Pactum uses AI and […]

June 21, 2022

The 33rd annual State of Logistics Report, the year-over-year report card of the U.S. business logistics system, confirmed empirically what everyone already knew: 2021 was nirvana or a nightmare depending on what one does for a living. Total logistics costs, […]

June 21, 2022

The House transportation panel recently approved legislation meant to facilitate access to federal disaster assistance. The Expediting Disaster Recovery Act, sponsored by Rep. Garret Graves (R-La.), would aim to provide assistance for “meeting the unmet needs” of individuals affected by […]

June 20, 2022

President Joe Biden said June 20 that he will decide by the end of the week whether he would support a federal gasoline tax holiday, possibly saving U.S. consumers as much as 18.4 cents a gallon. “Yes, I’m considering it,” […]

June 20, 2022

The debate on whether the U.S. federal government should allow the movement of liquefied natural gas by rail could come to a head this summer, with the Pipeline and Hazardous Materials Safety Administration (PHMSA) poised to make some big decisions. […]