The ousting of the co-founder of high profile Southern California-based truckload capacity marketplace Cargomatic, often referred to as the "Uber of trucking," follows drastic staff cuts in March.
The S.C. Ports Authority has spelled out how it will use on-terminal scales to help shippers comply with new SOLAS rules for declaring the accurate weight of containers to their ocean carrier.
Matt Cox, chief executive officer of the Jones Act ocean carrier, says he would not be surprised if industry losses in 2016 exceed $10 billion, but Matson, which operates primarily between the U.S. mainland, Hawaii and Alaska, has limited exposure.
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Meanwhile, the U.S. Federal Maritime Commission is calling for carriers and shippers to work together to find a solution so exports are not left on the docks for lack of verified gross mass documentation come July 1.
With only 10 weeks to go until the container weight verification rule goes into effect globally, surveys show shippers and LSPs are still mostly unprepared to comply.
Agriculture shippers ask Senate for help with overcoming “significant challenges” in ocean shipping that could hurt the American economy.