FMC collects civil penalty from Maersk on detention bills
The US maritime regulator said the ocean carrier will also refund third parties that paid detention bills and will limit future billing to shippers and consignees.
The US maritime regulator said the ocean carrier will also refund third parties that paid detention bills and will limit future billing to shippers and consignees.
TMV said the new funding will seed companies that want to apply new technologies to the maritime industry, shipbuilding, and related infrastructure.
The move is likely to raise costs for forwarders and carriers as they devote more resources to ensure compliance with rate filing procedures, and it could hasten a wider shakeup in China’s logistics sector.
The South Korean electronics conglomerate said it should not be held liable for more than $1 million in charges resulting from container delays that Wan Hai-contracted truckers experienced between 2020 and 2022.
The retailer aims to leverage artificial intelligence tools alongside its two new facilities to reduce volatility and in-stock issues.
Costs rose sharply following the start of the war, and although emergency fuel surcharges were quickly levied on spot shipments, cargo under contract was locked into quarterly BAFs.
Investing in intelligent software systems is crucial for warehouse operators that employ robotics within their operations.
As multiple “black swan” events have disrupted the flow of goods, companies are increasingly moving away from historical just-in-time inventory management.
The paint brand partnered with ITS Logistics for transport from its Nevada distribution center to circumvent capacity issues.
Ag exporters have always faced logistical challenges because their crops are grown in the interior US and shipped through ports located hundreds of miles away; those challenges seem to be growing, the AgTC conference heard this week.