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COSCO targeted by Pentagon for alleged ties to PLA
COSCO, the world’s largest shipping company, is among a host of Chinese shipping-related names added to a list of companies the US Department of Defense views as having links to
The Rise of Smart Warehousing in the USA
Warehousing in the USA is undergoing a seismic shift, transitioning from traditional models to tech-driven “smart warehouses.” These facilities leverage advanced techno
US ports receive $580M in grants
The US Department of Transportation’s Maritime Administration (MARAD) has revealed plans to invest nearly $580m in port infrastructure nationwide. The funding will go toward 31 p
U.S. Air Cargo Advance Screening Data Requirements Effective Nov. 12
Effective November 12: New mandatory data elements for air freight shipments destined or transiting through the United States To enhance security, U.S. Customs and Border Protectio
Trump Second Term Poses ‘Destructive Risk’ to Container Market
The prospect of Donald Trump winning the forthcoming US presidential election ought to put the container shipping industry on alert, new analysis from Drewry Shipping Consultants h
Shipping from Asia to Latin America? GRI Incoming
A General Rate Increase (GRI) from Asia* to the West Coast of South America, Mexico, Central America, and the Caribbean** is coming up. This GRI will apply to cargo transported in
US Atlantic and Gulf Ports Shut Down as ILA Rejects Last-Minute Offer
Some 36 major ports on the US east and Gulf coasts have now shuttered, despite a last-minute near-50% wage increase offer from employers’ association USMX. In a statement the USM
Key Challenges Facing the US Road Freight Industry
The US road freight industry is the backbone of the country’s economy, responsible for moving over 70% of all domestic freight. Every product you see on store shelves or rece
Kaohsiung Hit by Asia’s Container Congestion
The container congestion contagion effect appears to be manifesting itself in Taiwan with a recent build-up of boxes in its main gateway of Kaohsiung. Congestion in south-east Asia
Moderation in Container Spot Rate Increases Hints at Approaching Peak
In the surest sign yet that soaring container spot freight rates may have reached something resembling a peak, this week’s indexes showed the smallest gains in months, while a co
