Logistics Portal April 2nd – April 8th

Logistics Recap April 2nd – April 8th Laredo, Texas, again top US gateway for international trade The port of entry in Laredo, Texas, regained the No. 1 spot among the nation’s 450 international gateways for trade in February. It’s the first time since February...

Logistics Recap March 26th – April 1st

Logistics Recap March 26th – April 1st Cost of low-sulfur fuel oil drops 46% from post-invasion high The price of ship fuel is now down to around half the post-Ukraine-invasion peak. Second-quarter fuel surcharges for containerized cargo shippers promise more...

Logistics Recap March 19th – March 25th

Logistics Recap March 19th – March 25th Logistics companies ordered to pay warehouse workers $1M in back pay In an effort to combat wage theft affecting foreign workers, the Department of Labor has recovered $1.1 million in back wages from two separate companies...

Logistics Recap March 12th – March 18th

Logistics Recap March 12th – March 18th Los Angeles, Long Beach imports still sinking Los Angeles had expected its numbers to be ugly in February — and they were. “The decline was indeed steep,” acknowledged Port of Los Angeles Executive Director Gene Seroka...

Logistics Recap March 5th – March 11th

Logistics Recap March 5th – March 11th Crude shipping revs up; supertanker rates top $100,000 a day Spot rates for very large crude carriers (VLCCs) — tankers that carry 2 million barrels of oil — just breached the $100,000-per-day threshold. It could be a taste...