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Members of the Transpacific Stabilization Agreement are recommending two $600 general rate increases and a $400 peak season surcharge.
U.S. Naval Forces Central Command has begun accompanying U.S.-flagged maritime traffic in the Strait of Hormuz.
Container derivatives broker at Freight Investor Services in London cites reports that Maersk is cutting rates to Europe.
Retailer diverted cargo, formed chassis fleet, and used untapped drayage to combat West Coast congestion.
Port disruptions caused by contentious dockworker contract negotiations likely reduced real export growth 1.5 percent in the first quarter, according to a recent study by the Federal Reserve Bank of New York.
A new whitepaper from CarrierDirect says 3PLs can become strategic partners of LTL carriers in tight capacity environment by reducing a major pain point for carriers.