Apparently, the U.S. Congress is of the view that $75,000 is a more appropriate bond requirement for the brokerage industry in terms of offering protection to those who might be injured if a broker went out of business. Will it really have that effect?
Jordan W. Cowman
Although port labor strikes are anything but a recent phenomenon, the recent pace of strikes is quickening in response to escalating economic changes worldwide.
I believe it’s safe to say that among all of the aspects of international trade, the most misunderstood and misused element of an international transaction is the correct application of shipping Incoterms.
Other than last week’s stunning collapse of the P3 Network, there’s arguably no hotter issue in the container shipping world than port productivity.
Everywhere you turn, people are bullish on the future of online retailers. It’s reflected in Amazon’s stock price, which has grown rapidly thanks to … free shipping.
The timing could have hardly been worse. Two days after the U.S. trucking industry scored a rare Senate victory against last year’s revision to truck driver hours of service rules, a tractor-trailer slammed into a limousine van on the New Jersey Turnpike, killing comic James McNair and badly injuring his fellow comedian and TV star Tracy Morgan.
The ocean shipping industry faces two overriding challenges: improving cost efficiencies and improving customer experiences.
Less than a year ago, the outlook wasn’t so bright for non-vessel-operating common carriers, tho
It is well documented that U.S. West Coast ports face a number of competitive challenges.
Unlike McDonald’s, where a Big Mac is the same wherever you go, services provided by ocean carriers are anything but uniform, and that leads to much of the chaos we see today at terminals and inland points when it comes to first- and last-mile operations.
ACT Research sees an increase in active truck capacity this year, in terms of the numbers of Class 8 tractors, the first since 2007 — good news for shippers.
James B. Rice Jr. and Kai Trepte
Contract negotiations between the International Longshore and Warehouse Union and U.S. West Coast waterfront employers are shining a light on the integrity of the U.S. ports system.
For those who haven’t been paying attention to TransForce, Canada’s largest trucking operator, it’s time to start.