The national Outbound Tender Reject Index (OTRI) hasn’t been over 4% since early January, when businesses were still getting back to work after the holidays. Even though 4% still means…
Shipping CEOs’ Lucrative Salaries 2022 Pay Information
How much does a top leader in the marine business make on average? Whether professional chief executive officers (CEOs) or shipowners (who are often, if not always, the final decision-makers…
Panama Canal Experiences Shipping ‘Traffic Jam’: No Crisis (Yet)
The wide coverage of the drought in Panama and the crowding of ships at the canal makes for sad reading. The people in charge at the Panama Canal Authority (ACP)…
Teamsters Overwhelmingly Ratify UPS Contract
The UPS Inc. Teamsters voted overwhelmingly in favor of a five-year deal with the union, the Teamsters said on Tuesday. The Teamsters say that 86.3% of voters agreed with the…
What is the Difference Between Air Freight and Sea Freight Services?
Sea freight is the most common method of transporting goods between locations, particularly in international logistics services. It involves packing goods in intermodal containers and is less expensive than cargo…
DOE or EIA diesel prices show a slight rise
The latest weekly fuel price report from the Department of Energy/Energy Information Administration says that store owners don’t know what to do in this market where prices change so quickly….
Border Town Boom Realigns Freight Market
Since 2018, nearly twice as many truckloads have been needed in the Texas border towns of Laredo and McAllen. Once the warehouse center of the world, Southern California’s Inland Empire…
Trans-Atlantic shipping suffers ‘meltdown’ as rates hit new low
The bigger they were, the worse it was when they fell. Transatlantic shipping experienced a significant boom. Spot prices have dropped even more than they did during the COVID epidemic….
What is the Definition of Dry Freight Shipping?
Dry Cargo Shipping is a popular and reliable form of goods transportation, utilizing an enclosed trailer for a more versatile and efficient delivery of various products. This enclosed trailer space…
FMCSA’s Inconsistent Stance on Preemption of Meal or Rest Breaks
The FMCSA said last week that it will consider waiving federal jurisdiction over meal and rest break laws in California and Washington. Some people were surprised. The FMCSA said in…