News

Logistics Recap July 31st – August 6th

Logistics Recap

July 31st – August 6th

FMC wants ocean carriers to pay for container storage

The head of the Federal Maritime Commission is warning ocean carriers serving the Port of New York and New Jersey to stop forcing shippers and drayage truckers to store their containers — and pay them for it when they do.

Read More Here Freightwaves

 

Air cargo carrier for UPS expands operations in bid for autonomous flight

A UPS-contracted air cargo carrier has expanded its U.S. operations, aiming to strengthen the case for its autonomous flight technology to be approved by the Federal Aviation Administration.

Read More Here Supply Chain Dive

 

Taiwan turmoil prompts detours and delays for global shipping

China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments. 

Read More Here Supply Chain Brain

Logistics Recap July 24th – July 30th

Logistics Recap

July 24th – July 30th

House sends Biden $52B boost for US semiconductor production

The House on Thursday approved a sweeping $280 billion legislative package aimed at keeping the U.S. competitive with China and easing a persistent shortage of computer chips that have bottlenecked production across industries.

Read More Here Supply Chain Dive

 

More passenger routes help sustain IAG’s Q2 air cargo revenues

Cargo business tailed off during the second quarter at International Airlines Group, parent of British Airways and Iberia, in line with overall market softening due to inflation, pandemic lockdowns in China, the Ukraine invasion and airport congestion.

Read More Here Freightwaves

 

Container ship backlog grows again at the port of Savannah

A backup of container ships off one of the U.S. East Coast’s busiest ports has swelled to 40 vessels, reviving a bottleneck that had cleared earlier this year and raising fresh concerns over potential supply-chain disruptions during the critical peak shipping season.

Read More Here Wall Street Journal

Logistics Recap July 17th – July 23rd

Logistics Recap

July 17th – July 23rd

More companies offer supply chain financing 

Shipping logjams and strains over inventories are raising the profile of supply chain finance, according to The Wall Street Journal. More companies are offering the tool to their vendors, providing suppliers with faster access to cash and the ability to push back bill payments.

Read More Here Supply Chain Brain 

 

Port of Oakland is ‘effectively shut down’ as trucker protests persist

The Port of Oakland is bracing for prolonged operational disruptions as owner-operator led protests against the AB5 labor law continue.

Read More Here Supply Chain Dive

 

Shipping line Maersk taps Amerijet for trans-Pacific air cargo expansion

Ocean shipping giant Maersk has quietly ordered three new 767-300 freighters from Boeing and arranged with Miami-based cargo airline Amerijet to fly them on trans-Pacific routes as the company’s air cargo division moves to gain a strategic foothold in the U.S. market.

Read More Here Freightwaves