Global ocean carriers are weathering staggering increases in vessel capacity
Container lines have historically been able to withstand increases in vessel capacity, but a massive increase in capacity could potentially pose challenges for the industry.
Traffic in Egypt’s Suez Canal eased after broken-down container ship is moved
Four tugboats worked hard over the weekend to move the MSC INSTANBUL from being stranded in the middle of the canal, allowing traffic to flow through the vital waterway once again.
A purchasing consortium may be underway for critical electric battery resources in the US
By pooling their purchasing power, companies can negotiate better prices for critical resources used in electric batteries.
DOT Secreate Pete Buttigieg fire back at critics: “East coast elite”
Republican criticism has been rampant over Buttigieg’s response to the East Palestine train derailment, with senators like Mitt Romney (R-OH) and and Marco Rubio (R-FL) calling for his resignation.
Greener shipping is the future: here’s what to expect
The shipping industry is exploring alternative fuels such as hydrogen, biofuels, and ammonia as a way to reduce greenhouse gas emissions.
Reshoring trends, globalization no longer the default option
Reshoring, or the trend of bringing manufacturing back to the home country or region from overseas, is gaining popularity among manufacturing companies for a variety of reasons.
Cobalt Is the new blood diamond of the DRC
Cobalt mining in the Democratic Republic of Congo (DRC) is a complex and challenging issue.
Pakistan’s ports are bloated with frozen imports
The country’s economy is teetering on the edge of collapse, and many companies - especially those that manage the ports - have been forced to halt operations in response.
FAA head nomination continues to stumble as Congress debates approval
Seven months ago, President Joe Biden nominated Phil Washington, the CEO of Denver International Airport, to lead the Federal Aviation Administration (FAA).
Gender pay gap has narrowed by 2 cents since 2002
In 2022, the average American woman earned approximately 82 cents for every dollar a man earned, according to Pew Research.
FIATA calls for renewed detention and demurrage fees to pre-pandemic levels
The International Federation of Freight Forwarders Associations has cited the easing of container volume surges and the unclogging at the nation’s largest ports for a reason for the adjustment.
U.S. rail union leaders push Biden administration for safety after works fall ill at Ohio train incident site
Leaders from twelve of the rail unions met with the Department of Transportation Secretary Pete Buttigieg and Amit Bose, administrator of the Federal Railroad Administration, this week to discuss the illnesses.
The logistics of drug trafficking is a global problem
The logistics of drug trafficking involve the movement of illegal drugs, such as cocaine, heroin, and methamphetamine, from production sites to distribution centers and ultimately to the end user.
World’s largest shipping company MSC is betting on global economy rebound
Often viewed as a barometer for global trade, Mediterranean Shipping Company is claiming that it expects the ocean container market to grow in late-2023.
Negative opinions of China seem to be the only unifying issue in Congress
Both US Republicans and Democrats have been slamming China, making the tension between the two countries one of the only bipartisan issues on the docket.
Russian oil is hitching a ride around the world on a ghost fleet
Buyers across the globe are still buying up Russian oil, despite heavy sanctions layered by the US and the EU on the product.
EC Digital Products Passports laws, incoming
This regulatory framework has been in the works for awhile - a digital product passport developed as a tool to help companies demonstrate compliance with standards.
De-globalization is being blocked by a world trade “boom”…
Countries that are heavily involved in global trade are more likely to resist calls for de-globalization because they are more aware of the benefits of trade.
House Republicans quick to blame Buttigieg for delayed Ohio train derailment response, but is this warranted?
Some state “no” - the real issue lies with the railroad industry’s lack of accountability and regulations after years of lobbying against compliance efforts.
Stagnant container ships are betting on China’s economic recovery
China is a major player in global trade and a significant portion of the world's goods are manufactured there.