A recent study reveals that while detention times for truck drivers at shipper and consignee docks have been decreasing, the financial impact on drivers and trucking companies continues to rise. According to the American Transportation Research Institute (ATRI), the softening of the freight market has contributed to the decline, but detention remains a significant factor […]
National Truck Driver Appreciation Week, held annually in September, is a time to recognize the hard work and dedication of the men and women who keep America moving. These truck drivers play a critical role in the nation’s economy, transporting essential goods like food, medicine, and raw materials across the country. Their efforts ensure that […]
In a continued effort to enhance the accuracy of cargo descriptions, U.S. Customs and Border Protection (CBP) has released an update to its guidelines for compliant merchandise descriptions. This update, referenced as CSMS #62263081, builds upon the previous bulletin (CSMS #60144714) which was originally published on April 11, 2024. The primary goal of this initiative […]
In a significant development, Air Canada and the union representing more than 5,200 pilots have reached a tentative agreement on a new four-year contract, successfully avoiding a potential strike that was looming just days away. The announcement, made Saturday night, marks the end of weeks of intense negotiations. The deal, however, is still subject to […]
While department stores and high-street retailers face challenging conditions, European logistics service providers are riding a wave of increasing demand, much like e-commerce players have done in recent years. The sector’s growing prominence has drawn the attention of private equity (PE) firms, as well as strategic investors, looking to capitalize on this dynamic market. In […]
As U.S. food imports are projected to reach record highs in 2024, safeguarding the integrity of the food supply chain has never been more critical. According to Steve Statler, Chief Marketing Officer at Wiliot, a leading developer of ambient Internet of Things (IoT) technology, ensuring food safety is now a matter of life and death. […]
In January 2023, the USDA published the Strengthening Organic Enforcement (SOE) Final Rule, aimed at enhancing the oversight of organic agricultural products in the United States. This rule officially went into effect on March 19, 2024, bringing significant changes to the organic industry and its compliance requirements. Here’s a breakdown of the most important updates […]
The global liquefied natural gas (LNG) market has a new player with the inauguration of a floating LNG export terminal offshore of Altamira, Mexico. Nasdaq-listed New Fortress Energy (NFE) has launched FLNG1, a floating terminal that represents a significant step forward for U.S. LNG exports. Although the terminal is located in Mexican waters near Tampico, […]
After a challenging year for global trade, there are positive signs that the tide is turning. According to the World Trade Organization (WTO), global merchandise trade is on a path to recovery. In a recent report, the WTO revealed that its goods barometer, which tracks the volume of global trade, has risen to 103—up from […]
The world’s largest sailing cargo ship, Anemos, has successfully completed its maiden voyage across the Atlantic, marking a significant step toward sustainable shipping. The 266-foot vessel, commissioned by French company TOWT, left France in early August, carrying 1,000 tonnes of cognac and champagne to New York City. The journey is a milestone for eco-friendly maritime […]
