Anxious US shippers prepare for possible UPS strike, tighter LTL market A Teamsters strike against UPS Aug. 1 and a shutdown of Yellow are not inevitable, but shippers are bracing for disruption and higher costs. Anxious US shippers prepare for possible UPS strike, tighter LTL market Journal of Commerce
Read More →Anxious US shippers prepare for possible UPS strike, tighter LTL market
on July 14, 2023in Industry News
New Jersey union claims ILA blocked it from terminal construction project
on July 14, 2023in Industry News
New Jersey union claims ILA blocked it from terminal construction project A union of construction equipment operators in New Jersey alleges the International Longshoremen’s Association sought to take away marine terminal work it was hired to perform. New Jersey union claims ILA blocked it from terminal construction project Journal of Commerce
Read More →Western Canada port strike ends after deal reached on tentative four-year contract
on July 13, 2023in Industry News
Western Canada port strike ends after deal reached on tentative four-year contract The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. Western Canada port strike ends after deal reached on tentative four-year […]
Read More →UPDATE: Western Canada port strike ends after sides reach deal on tentative four-year contract
on July 13, 2023in Industry News
UPDATE: Western Canada port strike ends after sides reach deal on tentative four-year contract The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. UPDATE: Western Canada port strike ends after sides reach […]
Read More →Western Canada port strike ends after sides reach deal on tentative four-year contract: source
on July 13, 2023in Industry News
Western Canada port strike ends after sides reach deal on tentative four-year contract: source The end of the strike comes less than two days after Canada’s Minister of Labour ordered the federal mediator overseeing negotiations between the union and employers to provide recommendations for a settlement. Western Canada port strike ends after sides reach deal […]
Read More →Chassis repairs causing short-term shortages in Chicago
on July 13, 2023in Industry News
Chassis repairs causing short-term shortages in Chicago Truckers are having difficulty locating available chassis in Chicago because many units have been taken off the street to be serviced after heavy usage over the last two years. Chassis repairs causing short-term shortages in Chicago Journal of Commerce
Read More →ZIM expects EBIT loss up to $500 million in revised 2023 guidance, citing soft rates
on July 13, 2023in Industry News
ZIM expects EBIT loss up to 0 million in revised 2023 guidance, citing soft rates The carrier’s CEO said the company would continue to “actively manage and rationalize” its fleet and services during the current downturn in the global shipping market. ZIM expects EBIT loss up to 0 million in revised 2023 guidance, citing soft […]
Read More →Fewer empty imports reconfigure Indian containerized trade patterns
on July 13, 2023in Industry News
Fewer empty imports reconfigure Indian containerized trade patterns The new trade pattern reflects in large part a sharp drop in empty equipment imports amid weakening demand conditions, rather than sustained export trade, industry observers say. Fewer empty imports reconfigure Indian containerized trade patterns Journal of Commerce
Read More →DHL to invest $551 million to expand presence in Latin America
on July 13, 2023in Industry News
DHL to invest 1 million to expand presence in Latin America DHL will spend hundreds of millions of dollars in the region over the next five years as the company targets customers looking to globalize their business and diversify sourcing. DHL to invest 1 million to expand presence in Latin America Journal of Commerce
Read More →Evergreen confirms orders for 24 methanol-ready container ships
on July 12, 2023in Industry News
Evergreen confirms orders for 24 methanol-ready container ships The ships add to the growing order backlog of methanol-powered container ships that currently total at least 100 vessels, equivalent to around 12% of vessels on order, according to ship brokers. Evergreen confirms orders for 24 methanol-ready container ships Journal of Commerce
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