Disruptive force of AI will help usher in new era of container shipping
Artificial intelligence will accelerate the new reality that ocean carriers make no secret of the fact they are profit-making entities, writes Peter Tirschwell.
Artificial intelligence will accelerate the new reality that ocean carriers make no secret of the fact they are profit-making entities, writes Peter Tirschwell.
Consequences for nations supporting the emissions-cutting measures were spelled out by the US State Department this week, which threatened to impose tariffs, port duties and even visa refusals.
New data obtained by the Journal of Commerce from local freight forwarders indicates a downward shift of between $400 to $600 per standard dry container in FAK rate levels over the last two weeks.
Brady Stewart oversaw a consolidation of the meat giant’s logistics and manufacturing operations prior to his departure.
President Donald Trump clarified the 15% rate will generally not stack, and that some aircraft, mineral and pharmaceutical products may soon qualify for exclusions.
The two nominees, Laura DiBella and Robert Harvey, would replace former commission members Louis Sola and Carl Bentzel.
Excess capacity is keeping spot and contract truckload pricing in check, though imports into the West Coast generated demand in that region last month.
The Trump administration’s latest funding plans target rare earth magnet development and evaluation of domestic ore deposits.
A proposed amendment that could be included in the 2026 defense spending bill would allow terminal operators to receive the same tax breaks now available to the US shipbuilding industry.
That’s an improvement from the near gridlock of four years ago during the COVID-linked volume surge and the elevated dwell times during last year’s peak season, progress trucking companies say they have noticed.