Dispute over restructuring between Yellow, Teamsters gets more strident
Yellow calls Teamster complaints about its restructuring plans baseless and inaccurate, and urges “serious discussion” as accusations escalate.
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Cargo owners push for greater FMC regulation over rail storage fees
NSAC says it supports reasonable detention and demurrage practices, but wants to correct “abuse” of the system by regulating that rail operators directly invoice
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Cosco reports $19 billion profit for 2022, but outlook darkens
A series of challenges lies ahead for the container shipping industry, but the effects of slowing demand and a surplus of capacity will be
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Forwarders raked in record revenues in 2022 despite H2 demand collapse
Historic highs in global freight volumes and rates in the first half of last year helped insulate third-party logistics providers (3PLs) from a market
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How bringing VAT into the digital age can help restore a level playing-field in the hospitality sector
We asked Carmen Muñiz Sánchez, Head of Sector in DG TAXUD’s VAT Policy Unit, to help us understand why new VAT rules are needed
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Terminal operators, Cosco join Saudi chemical shipper in eBL deal
Data from eBLs issued via GSBN’s infrastructure will also be used to electronically release SABIC cargo at Hutchison and PSA terminals in Asia.
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MSC joins carriers ending demurrage billing when US terminals are closed
The fast-moving developments around changes to detention and demurrage billing are happening amid an ongoing rulemaking process by the FMC around the assessment of such charges
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Teamsters taking more hardline approach toward LTL trucking employers
The Teamsters union promises a tougher approach in contract talks with ABF Freight and TForce Freight, and is opposing major network changes proposed by Yellow,
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April blanks from China grow as US import decline continues
For ocean carriers, the decision to cancel sailings suggests they expect no rebound in trans-Pacific freight rates that are now at two-year lows.
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Ocean carriers, marine terminals warn Congress on regulatory overreach
The testimony comes as two House members prepare legislation designed to update OSRA-22 and another congressman restarts an effort to remove the antitrust immunity
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