Page 16 - Freight Waves News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

U.S. courts were deluged with maritime cases after the financial crisis — there were a lot of debts to collect. A decade later, the docket is far less active, but even so, 2021 had its share of legal confrontations. Here’s a sample of this year’s court action: Container line gets phished Cybercrime is an ongoing ...

Shippers of containerized goods were caught off guard this year. Never before had container spot rates risen so far, so fast. But shippers of liquid and dry bulk commodities know such cost swings all too well. When bulk commodity transport demand exceeds supply, shipping spot rates can keep rising until cargo shippers’ profit margins are ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Shipping stocks have never been for the faint of heart, and they’ve been on a particularly wild ride in the COVID era. There have been steep plunges and historic surges along the way, with unexpected twists and turns. What could be around the corner? U.S.-listed equities in the three main segments — tankers, containers and ...

A new directive from California Governor Gavin Newsom will temporarily allow trucks to carry slightly heavier loads as part of the effort to ease supply chain congestion in the ports of Long [...]

The ports in Los Angeles and Long Beach delayed the collection of millions of dollars in punitive fines for shipping companies that had let cargo containers stack up at terminals on Monday — the same day the locations were scheduled to begin the process. The two ports pushed the deadline back to November 29. It’s ...

As the current supply chain backlogs continue, the problem of truck driver shortages is gaining a lot of attention. Although it has never been easy to find people willing to drive trucks, the [...]

The work begins, particularly for the folks at the U.S. Department of Transportation.  Whether you are a transportation official, a consultant, or a weekend transportation policy wonk, here are a few things to consider.

The move illustrates the tension between a company's professed sustainability goals and the pursuit of economic gain.