Freight Broker

Collaboration with global forwarders is allowing the carrier and its customers to significantly reduce carbon footprints in the difficult-to-monitor area of Scope 3 emissions.

Port and terminal operators are looking to spend $6.7 billion over the next five years to install cranes and other equipment, an industry survey shows, as Washington is asked to help reshore manufacturing.

But court filings show that even after restructuring, the company is likely to operate with thin margins and a relatively modest cash cushion.

The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry. The largest forwarding software provider globally adds heft to DCSA’s push to drive electronic standards in the ocean freight industry.

Richard Kloster joins the STB at an important time for the agency as it reviews the proposed $85 billion merger of Union Pacific and Norfolk Southern, which would be the largest US rail transaction in nearly three decades.

The snack and confectionery manufacturer plans to bring in-house more manufacturing and packaging to “save quite a bit of money,” EVP, COO and CFO Luca Zaramella said.  

Yet liner executives insist that much of the surplus tonnage can be absorbed by a combination of vessel management, trade imbalances, increased scrapping, and the ongoing effects of geopolitical disruptions.

As the Iran war upped oil prices, transportation and warehousing costs rose 5% in April and wholesale energy prices rocketed 7.8%, per the Bureau of Labor Statistics.

The tea company faced unpredictable delivery times and lower sales in the U.S. without the trade rule exemption, CEO Sarah Segal said.

The two countries will use the board to manage bilateral trade for certain goods, and they also aim to resolve some non-tariff barriers in agriculture.