Growing Vessel Buildup and Supply Chain Disruptions Plague West Coast Ports
Increasing vessel arrivals at the Port of Los Angeles and Long Beach have been impacted by labor slowdowns, causing disruptions in supply chain operations.
Insights from New Survey: Decline in Job Seekers for Truck Driving Positions
A recent survey conducted by the Conversion Interactive Agency and People. Data. Analytics (PDA) sheds light on the current state of the truck driving job market.
Low container shipping freight rates are not viable in the long term, says the CEO
Hapag-Lloyd, the world's fifth-largest container shipping operator, has warned that current low freight rates in the industry are unsustainable and must increase. CEO Rolf Habben Jansen stated that there are spot rates below cost, which is not viable in the long run.
Terminals at the Port of Los Angeles have resumed operations following work stoppages
Container terminals at the Port of Los Angeles have reopened after work stoppages caused by labor disputes.
In the UAE plans are underway to establish a massive freight grid
Swedish electric and autonomous trucking company, Einride, has signed a Memorandum of Understanding (MOU) with the United Arab Emirates (UAE) to develop a freight mobility grid called Falcon Rise.
Production at Toyota Indus has been temporarily halted
Toyota Indus, a subsidiary of Toyota operating in Pakistan, has announced the complete shutdown of its production plant in Karachi from June 3 to June 8, 2023.
OPEC+ partners urge for clarity; Russian crude exports remain at high levels
Russian crude oil exports continue at high levels with no significant evidence of output cuts, raising concerns among OPEC+ partners.
Republicans ask SEC about EU cooperation over ESG rules
Republican lawmakers Senator Tim Scott and Representative James Comer have expressed concerns about European Union (EU) environmental, social, and governance (ESG) measures gaining traction in the United States.
Shippers have accused all top ten ocean container carriers of engaging in profiteering
According to complaints filed with the U.S. Federal Maritime Commission (FMC), all of the top ten ocean container carriers have been accused of price gouging and unfair practices by shippers over the past 18 months.
Ocean Network Express announces delivery of first-ever 24,000-TEU “Megamax” vessel
Ocean Network Express (ONE) has announced the successful delivery and deployment of their inaugural 24,000-TEU class vessel, the ONE Innovation.
The consumer-packaged goods (CPG) industry has faced significant challenges
The consumer-packaged goods (CPG) industry has faced numerous challenges in recent years, including fluctuating supply and demand, shifting consumer preferences, ingredient shortages, and disruptions in the supply chain.
The Future of US Public Transit: Navigating the Crisis and Reviving Ridership in a Post-Covid Era
The Covid-19 pandemic has dealt a severe blow to mass transit systems in the United States, causing double-digit declines in ridership and posing the biggest crisis for public transit since the rise of the private car a century ago.
Truck Parking Shortage: A Critical Issue Requiring Action
Truck parking scarcity remains a major concern in the transportation industry, with insufficient parking spaces available for drivers to comply with mandatory rest breaks.
Pride support for companies is proving difficult
The significant buying power of the LGBTQ+ community, estimated to be over 17 million people in the U.S. with more than $1 trillion in spending power, makes it difficult for companies to ignore.
Loss and waste are prevalent issues across global food supply chains
Jean Pierre Azañedo, CEO and Co-founder of CoreZero, emphasizes the importance of addressing sustainability in global food supply chains.
Transportation unemployment rates fell below 2019 levels
According to updated data from the Bureau of Labor Statistics, the unemployment rate in the U.S. transportation sector in May 2023 was 0.7% lower than in May 2019 before the COVID-19 pandemic began.
The argument supporting a 2023 US recession is weakening
The case for a 2023 US recession is weakening due to the strong jobs market.
Anticipated Overcapacity Reduction in Trucking May Lead to Driver Shortage, Warns ACT
According to ACT, the shedding of excess capacity in the trucking industry may result in a shortage of available drivers, potentially causing a driver shortage late this year or in the near future.
Shipping Industry and Supply Chain Leaders Showcase Commitment to Climate Action Ahead of Crucial Negotiations
Leaders from the global shipping industry are demonstrating their commitment to aligning their businesses with climate goals ahead of the upcoming International Maritime Organization (IMO) negotiations.
Examining the Debt Ceiling Deal: 5 Victors and 5 Vanquished
he debt ceiling battle of 2023 ended with a relatively normal budget deal reached between President Joe Biden and House Speaker Kevin McCarthy, despite the heated rhetoric and talk of default.