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Just! FMC set up a new enforcement agency, a sword company and a terminal operator
by admin on 22-08-05
Like the Marine industry, which was pushed to the edge of the wind during the epidemic! The U.S. Federal Maritime Commission (FMC), which is in charge of implementing OSRA, a new shipping reform bill that Biden personally pushed for, has taken new actions. ...
In August, only China and the United States airlines close to 100 sailings, the ship company to increase efforts to save the market!
by admin on 22-08-02
Today is the first day of August, which is also the turning point of the airline market predicted by the industry, but the global shipping market is still depressed! The Freightos Baltic Index (FBX), developed by Freightos and Baltic, a leading global digital logistics p...
The two sides in the dockworker talks have just announced “significant progress.”
by admin on 22-07-29
Good NEWS HAS EMERGED FROM THE INDUSTRY's closely watched labor negotiations FOR DOCkworkers in the WEST of THE United States. The two sides have reached a tentative The International Terminal and Warehouse Union (ILWU) has been in tal...
Blockbuster! Europe’s 10 biggest shippers’ associations have joined forces to press the EU to tighten its collective exemption for shipping companies
by admin on 22-07-28
After the epidemic, freight owners and logistics enterprises in Europe and the United States are increasingly settling accounts for container liner companies. It is reported that recently, 10 major shippers and forwarder organizations from Europe have once again signed a letter asking the Europea...
The strike in Oakland entered its third day: all ports were shut down and port operations faced paralysis.
by admin on 22-07-22
A trucker strike at the Port of Oakland has continued for the third day since Monday, with about 450 protesters protesting AB5 blocking all terminals and shutting down operations at the port. Truckers protesting in Oakland reportedly s...
Another major European container port is at risk of a strike
by admin on 22-07-21
Before we talk about the strike at the new port, let’s review the details of the previous strike at the German port. German dockworkers are due to go on strike for 48 hours from 6pm local time on July 14, following an impasse in wage negotiations with their employers. According to Rail Tran...
ILWU and PMA are likely to reach a new dockside labor contract in August-September!
by admin on 22-07-15
As predicted, a growing number of sources close to the ongoing US dockside labor negotiations believe that while there are still several difficult issues to be resolved, it is increasingly likely that a deal will be reached in August or September with little disruption at the dockside! I have als...
Witness history again! Us inflation hit 9.1% in June! Demand outlook cast a shadow again!
by admin on 22-07-14
This comes on the heels of data released late on Wednesday that showed THE US consumer price index (CPI) rose 9.1% year on year in June, beating market expectations of 8.8% and recording the fastest growth since 1981. Stocks and bonds plunged in Europe and the US, the do...
Another record! Cosco expects net profit of 64.716 billion yuan in the first half of the year! Year-on-year increase of about 74.45%!
by admin on 22-07-08
On the evening of July 6, CoSCO Released the forecast of the 2022 half-year performance. According to the preliminary calculation, it is expected that the net profit attributable to shareholders of listed companies in the first half of 2022 is about 64.716 billion yuan, ...
DB Schenker bought the US logistics company for $435m
by admin on 22-06-29
DB Schenker, the world's third largest logistics provider, announced the acquisition of USA Truck in an all-stock deal to accelerate its presence in the United States. DB Schenker said it will buy all common...
Urgent! The United States banned the import of Xinjiang cotton, strict inspection of textiles！
by admin on 22-06-23
Urgent notice: from June 21, the enforcement of the US cotton ban in Xinjiang will be upgraded again! Recently, the US Customs strictly checks the textile goods, and there will be more cases of seizure and inspection. The main check of this inspection is whether the textile goods contain Xinjiang...
Fire all over the American market! The TOP10 best-selling toys list is here
by admin on 22-06-16
The Specialty Toy Retail Association (ASTRA) recently held its market Summit in Long Beach, California, attended by some of the biggest names in the toy industry. NPD Group released a new set of market data for the US toy industry at the conference. Data show that from January to April 2022, the ...
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