News
Logistics Recap March 6th – March 12th
Logistics Recap March 6th
– March 12th
2 tankers fill up with Russian oil after 45-day US countdown begins
After oil companies were given a 45-day window by the Biden administration on Tuesday to phase out existing contracts for Russian oil, at least two tankers were loaded with Russian oil and departed for U.S. destinations, according to information obtained by American Shipper.
Ukraine crisis, rising fuel costs drive up air cargo surcharges
Air cargo carriers are implementing higher surcharges for flights operating in Europe and Asia as the price of jet fuel climbs and carriers avoid Russia and Ukraine’s airspace.
Read More Here Supply Chain Dive
February another record-busting month for SC Ports
February was the 12th straight month that South Carolina ports hit a monthly record for container volumes.
Logistics Recap February 27th – March 5th
Logistics Recap February 27th
– March 5th
Russian invasion propels price of ship fuel to historic high
The price of ship fuel was flirting with a new record even before Russia invaded Ukraine. Then war broke out, and the highs of the past were left far behind. Ship fuel costs have “gone parabolic,” said Braemar ACM Shipbroking.
Northwest Seaport Alliance joins Long Beach efforts to digitize data
The ports of Seattle and Tacoma will join the Port of Long Beach’s efforts on data sharing through its Supply Chain Information Highway, according to a press release from the Long Beach port on Thursday.
Read More Here Supply Chain Dive
How will tariffs affect supply chain sustainability efforts for global manufacturers?
Tariffs play a role in both imports and exports, so a supply chain software platform that can manage various types of flows is important, especially when it comes to sustainability initiatives.
FMCSArelaxes rules for truck driver-assist devices
Manufacturers of driver-assist technology for trucks will have an easier time getting their systems installed thanks to a petition by Daimler Trucks North America (DTNA) and approved by the Federal Motor Carrier Safety Administration.
Logistics Recap February 20th – February 26th
Logistics Recap February 20th – February 26th
Diesel surges more than crude before falling back
Diesel prices kicked off the trading day by rising far faster than any other petroleum prices Thursday morning in reaction to the Russian invasion of Ukraine.
Freight forwarders warm up to the idea of shipper-owned containers
Freight forwarders are increasingly accepting requests to use shipper-owned containers as equipment shortages persist, according to a survey conducted by ContainerxChange.
Read More Here Supply Chain Dive
Shipping rates resume rise as snarls extend into seasonal lull
Container shipping rates are creeping higher after staying mostly stable this year, a signal that supply strains remain a drag on a global economy now bracing for an energy shock and geopolitical turmoil tied to Russia’s invasion of Ukraine.