ILA seeking huge wage hike from maritime employers: sources
The disclosure of a 76% wage increase proposal comes as ILA sent a 60-day notice to the United States Maritime Alliance (USMX) warning that
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Shifting trans-Pac dynamics push rate spread to almost two-year high
The differential between East and West coast spot rates is now more than $3,000 as retailers rush to ship their imports from Asia ahead
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Hub Group regains rail share, while Schneider’s Q2 volume stays flat
While intermodal demand is not strong in the eastern US, there is surging demand in Southern California that could result in providers levying peak
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Matson’s expedited China business fuels Q2 earnings gains
Matson’s second quarter financial earnings rose well above both last year and the consensus estimate as shippers looked to its expedited ocean services for
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Decades on, ‘supply chain visibility’ remains a work in progress
Many tools tend to focus on providing visibility centered around the “planned” supply chain, but perhaps what the industry needs is a shift in
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US LTL carriers gaining shipments despite ‘soft’ freight demand
Large LTL trucking companies including XPO, Saia, ODFL and Knight-Swift are increasing volumes by diversifying and going deeper into shipper supply chains as they
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Overbookings, service changes roil India-US East Coast loads: forwarders
With major liners on the trade lane reporting full ships over the last few weeks, incidents of cargo rolling have been more pervasive, forwarders
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Disruptions, tight capacity boost quarterly MPV sentiment index
The latest iteration of the multipurpose sentiment index reveals short-term optimism and little relief in sight for longer-term capacity pressures.
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Maersk hikes full-year profit forecast by $2 billion, ups volume outlook
Despite reporting lukewarm second-quarter results, the carrier is expecting disrupted supply chains and strong demand to boost its annual financial result.
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Panama Canal transits rise to almost normal levels as expansion work begins
The move to increase ship traffic comes as canal officials have started talks with some of the inhabitants who will be affected by the
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