The leadership of the Federal Maritime Commission says it is becoming worried that ocean carriers may be assessing unfair detention and demurrage charges at the Ports of Los Angeles and Long Beach, Calif., as well as the Port Authority of New York and New Jersey. In the past several months, those ports and several others […]
To say that current trade conditions are challenging would be an understatement, particularly in North America, which is experiencing an unprecedented surge in imports from Asia. This COVID-19-related cargo surge was not expected, it is not clear how long it will last and we must manage our way through it in the short term.
U.S. carload volume on a weekly basis is almost at the same level as a year ago, with last week’s volumes down by only 1.4%, according to data from the Association of American Railroads. U.S. carload traffic totaled 244,986 carloads for the week ending Saturday, which is 1.4% lower than the same period in 2019 and […]
Supply chain disruption became the norm in 2020, propelled by the COVID-19 pandemic. But global supply chains faced unprecedented pressures from other outside factors as well: Brexit, U.S.-China relations and the introduction of the U.S.-Mexico-Canada Agreement to name a few. The result was, in some ways, a paralyzing impact on global investment in supply chain […]
The world’s largest operational cargo plane, nicknamed Mriya, or “Dream” in Ukrainian, is returning from a short hibernation to help address a global shortage of heavy-lift air transport.
Now that the ONE Apus has berthed in Japan, investigators can begin to sort through what could be thousands of damaged containers on the ship’s deck. This is in addition to the 1,816 containers reported lost at sea.
For the week ending Dec. 5, 2020, total U.S. weekly rail traffic was 542,203 carloads and intermodal units—up 4.8% from the same period last year—based on a double-digit intermodal gain, according to an Association of American Railroads (AAR) Dec. 9 report. Total carloads were 244,986, down 1.4% compared with the same period in 2019, while […]
The Intermodal Freight Transportation Market is expected to register a CAGR of 8.27% over the forecast period from 2020 to 2025. As companies evaluate new ways to reduce freight costs and their carbon footprint, alternative transportation mode options should be considered when moving long freight distances.
Technology is an ever-evolving field, constantly mixing in new iterations and innovations to create exciting new opportunities for today’s manufacturers to reimagine their operations. In some instances, new technologies open the door for progressive manufacturers release truly innovative offerings of their own.
Global manufacturing shrank for a sixth straight month in October as new export orders extended their longest downturn since 2002. At the same time, output and orders firmed in a sign factory activity is stabilizing. The JPMorgan Global Manufacturing Index stood at 49.8 after the prior month’s 49.7 — the third consecutive monthly improvement after […]
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