Ireland has experienced a significant financial boost, receiving an additional €700 million from customs duties on imports like clothing, food, and other goods from Great Britain following Brexit. Previously, as a member of the EU’s single market and customs union, Britain exported goods to Ireland without customs duties. However, the Brexit agreement led by Boris […]
Daily, countless drivers nationwide ensure the timely delivery of packages to consumers and businesses, a logistical challenge exacerbated by factors like unpredictable weather, traffic congestion, and varied customer preferences. This complexity peaks in the last-mile delivery segment, traditionally the most costly due to these inefficiencies. Matthias Winkenbach, MIT’s principal research scientist and director of research […]
A resurgence in air cargo demand and escalating rates, driven by disruptions in Red Sea shipping and the robust performance of Chinese e-commerce platforms, are setting high expectations for air carriers during a traditionally slow shipping season, while causing concern among logistics providers about capacity shortages. The air cargo sector has witnessed a double-digit growth […]
In a significant drug bust, U.S. Customs and Border Protection (CBP) officers at Washington Dulles International Airport seized nearly 43 pounds of marijuana from the luggage of a passenger headed for Manchester, England. The seizure occurred on April 18, 2024, as part of a routine inspection. Lakedra Hamilton, a 26-year-old resident of Houston, Texas, was […]
A month after a severe incident where a large container ship crashed into Baltimore’s Francis Scott Key Bridge, causing it to collapse and tragically claiming the lives of six construction workers, the City of Baltimore has initiated legal action. Court documents reveal that the city is holding the ship’s owner and management fully accountable. The […]
“Borderlands” is a weekly update on the latest in US-Mexico cross-border trucking and trade. This week, experts advocate for enhanced infrastructure to promote cross-border trade; a Korean electric vehicle (EV) supplier starts building a new plant in Mexico; Kirchhoff Automotive is expanding its operations in Mexico; and WSI is announced as the operator of the […]
The leasing rates for warehouses across the U.S. have stabilized, offering more favorable deals than seen during the high-demand periods of the pandemic. Taylor Wood, a broker with Savills, observed a significant shift from the frenzied competition for industrial spaces during the pandemic. “It was an unprecedented market; bids were fiercely competitive for every available […]
Paul Brashier, Vice President of Drayage and Intermodal at ITS Logistics, highlights the primary concerns shippers have regarding visibility tools: their cost and reliability. In late 2023, ITS Logistics launched a new product named ContainerAI, which integrates with existing freight services or functions as an independent offering for shippers. “Large, resource-endowed shippers are on one […]
The United States has experienced an unprecedented spike in drug shortages during the first quarter of 2024. A staggering 323 medications were reported in short supply, eclipsing the previous record of 320 shortages set in 2014, as per the American Society of Health-System Pharmacists (ASHP) and the University of Utah Drug Information Service. This monitoring […]
Late Wednesday, a 6.4 magnitude earthquake shook southern Japan, as reported by the Japan Meteorological Agency, which did not issue a tsunami warning following the quake. The earthquake’s epicenter was located in the Bungo Channel, a strait that divides the islands of Kyushu and Shikoku, according to the agency’s statements. The regions of Ehime and […]
