News

Logistics Recap October 30th – November 5th

Logistics Recap

October 30th – November 5th

3 Port of Oakland terminals reopen following union walkout

Several terminals at the Port of Oakland were shut down for most of the day Wednesday after workers affiliated with the International Longshore and Warehouse Union walked off the job over a local contract dispute.

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Air cargo market continues to deflate under global economic pressures

The air cargo market continued to unwind 18 months of record gains in October as the global economy slows and consumers tighten their purse strings while spending more on services.

Read More Here Freightwaves

 

Electric trucks are poised to tackle the pressures of E-commerce

Electric lift trucks are evolving to deal with pressures wrought by e-commerce, including labor shortages and higher handling volumes, through high- and low-tech means.

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Logistics Recap October 23rd – October 29th

Logistics Recap

October 23rd – October 29th

A second rail union rejects labor deal over paid sick leave

A union representing more than 6,000 workers who install and maintain signal systems voted on Wednesday to reject its contract agreement with railroads, as tensions over paid sick leave escalate and threaten a shutdown of the nation’s freight rail system.

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Trucking costs could stifle Biden’s off-site container storage plan

Expanding a strategy aimed at clearing congested U.S. container ports by using more off-site space must take into account potential added costs related to trucking as well as other factors, according to feedback obtained by federal transportation officials.

Read More Here Freightwaves

 

Unwanted Russian oil piles up on ships anchored near Singapore

A fleet of tankers filled with Russian fuel oil have anchored near Singapore and Malaysia as more flows are directed toward Asia ahead of European Union sanctions that take effect early next year.

Read More Here Supply Chain Brain

Logistics Recap October 16th – October 22nd

Logistics Recap

October 16th – October 22nd

California to fund $1.2B in port improvement projects

California will spend $1.2 billion to upgrade port and supply chain infrastructure, with most of the money earmarked for improving the flow of goods at the ports of Los Angeles and Long Beach.

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Airlines fill less cargo space as consumer spending, trade sag

Prospects for a fourth-quarter bounce in air cargo business as retailers stock up for the holidays are dim, the culmination of a gradual slowdown in shipment traffic and costs since Russia’s invasion of Ukraine in March.

Read More Here Freightwaves

 

Southern California’s notorious container ship backup ends

The Marine Exchange of Southern California says the queue of container ships waiting for berths at the ports of Los Angeles and Long Beach fell to just four vessels this week after exceeding 100 ships early this year. 

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How seasonal changes impact freight embargoes

As unexpected weather-related events become more common, what are the chances that freight embargoes could disrupt a somewhat upbeat outlook?

Read More Here SupplyChain247