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🤺 NATO freaked by China‚Äôs Euro port domination

Welcome Back to Freight Forwarding Weekly! This humble newsletter is written by a shipping container named Boxy (and Michael, our chief news analyst). Onward‚Ķ Today‚Äôs issue is sponsored by the FFS Load Board. TODAY shippers are looking for quotes for: 🚢 2019 Dodge Ram 1500 – Lisbon to Toronto (40′ sea shipping container) 🚚 50 …

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Singapore, LA-LB ports team up on decarbonization 🌱

Welcome Back to Freight Forwarding Weekly! This humble newsletter is written by a shipping container named Boxy (and Michael, our chief news analyst). 🌱Singapore, LA-LB ports team up on decarbonization 📈 BY THE NUMBERS: Important numbers impacting freight and logistics ⛽ Diesel: $4.077/ gal¬†(⬇️ from $4.116 last week) – Source: EIA ✈️ Air Cargo Index …

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[Freight Forwarding Weekly] Port of LA saw a 43 percent drop in Feb

🙃 Port of Los Angeles volumes drop by 43 percent year-to-year As ports continue to report volume results from February and March, the Port of Los Angeles announced a significant drop in import cargo volume in February. Year-to-year, the busy west coast cargo terminal saw a 43 percent drop. The only other time that cargo …

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Freight Forwarding Weekly: Port labor union negotiations stuck on shift lunches

🥪 West Coast ports witnessing more tensions in labor talks ‚Ķ over mealtimes🤦 Apparently, in a rise of tensions, dockworkers and longshoremen who are represented by the International Longshore and Warehouse Union Local 13 aren‚Äôt getting their full lunch hours. Local 13 represents dockworkers at the twin ports of Long Beach and Los Angeles who …

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Freight Forwarding Weekly: Ohio sues Norfolk Southern

💥Ohio sues Norfolk Southern for East Palestine derailment Dave Yost, attorney general for Ohio, announced that he had filed a civil suit against Class I rail carrier Norfolk Southern. Yost said this is in an attempt to hold the publicly-traded rail company financially responsible for what he refers to as an ‚Äúentirely avoidable‚ÄĚ incident in …

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Freight Forwarding Weekly: NY Fed says supply chains returned to normal

💅New York FED: Supply chains are back to normal Federal Reserve Bank of New York announced earlier this week that global supply chains have returned to normal. That is three years after Covid-19 was declared a pandemic. February‚Äôs reading of the NY reserve bank‚Äôs Global Supply Chain Pressure Index was -0.26, a movement of reaching …

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Freight Forwarding Weekly: Biden Official: Port automation should augment labor

🤔Port automation needs to augment labor, says Biden supply chain envoy Pres. Joe Biden‚Äôs supply chain envoy Stephen Lyons, the former head of military supply chains for the country, spoke as a keynote at the recent TPM23 Conference in Long Beach, saying that while port automation is inevitable, supply chains quickly adjust and work to …

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Freight Forwarding Weekly: Port dwell times return to normal

🥴Dwell times at LA, Long Beach return to normal For the first time since the Covid-19 pandemic, container dwell times at the California Ports of Los Angeles and Long Beach have returned to pre-pandemic levels ‚Äď or ‚Äúnormal levels.‚ÄĚ At least, that is according to the Pacific Merchant Shipping Association‚Äôs latest report for January. Dwell …

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