OSRA 2.0, North Charleston Terminal Upgrades, India-US Ocean Cargo Price Drops, and the Red Sea Warzone
This week: An updated amendment to the US Ocean Shipping Reform Act of 2022 has passed the House of Representatives US trucking capacity last year fell less than projected thanks to small trucking firms The Port of Charleston begins efforts to upgrade its North...
Growth in US Manufacturing, Consumer Spending, and More Industry News
This week: Economists predict a rise in Asia imports as US economy recovers US manufacturing shows signs of recovery, good news for trucking sector US railroads ask for better communication with import shippers Californian freight sector urges regulators to give more...
US Import Optimism, Strategic Port Expansions, Rate Adjustments Amid Red Sea Turmoil, & More
This week: Despite challenges from politics and logistics, US retailers expect to import more in early 2024. The Port of Savannah experiences a surge in intermodal freight activities, highlighting strong and uninterrupted goods flow to the US East Coast. A $1.4...
Global Trade Navigates Red Sea Challenges, Maritime Punctuality Hits New Low, FMC’s Detention Fee Overhaul, & More
This week: Houthi rebel attacks in the Red Sea prompt global shipping to reroute. January’s global maritime reliability hits a new low since September 2022 due to Red Sea disruptions. The Federal Maritime Commission has implemented new rules to protect port...