Logistics News
- Lower court formally lifts California trucking ban on AB5The injunction that kept California's AB5 independent contractor law from participating in the state's trucking sector has officially been lifted.Logistics News August 31, 2022
- Tankers See Strongest Market due High Demand for OilThe stronger tanker market is not only due to continuing high demand for oil but also changing trade patterns as Russian oil products ...Logistics News August 30, 2022
- U.S. DOT Suspends 26 Flights by Chinese AirlinesOn August 25, the U.S. Department of Transportation (USDOT) has decided to suspend 26 flights operated by Chinese carriers in response to a similar decision by the Chinese government to ban some flights operated by U.S. airlines over COVID-19 cases. by U.S. carriers.Logistics News August 29, 2022
- ZIM container ship ZIM CHARLESTON fire in containersThe ZIM container ship "ZIM CHARLESTON", near the port of Colombo, Sri Lanka, had a fire in the hold of its cargo containers, damaging about 300 containers.Logistics News August 18, 2022
- Transit times from China to USA in ImprovingA new report from digital freight forwarding platform Shifl shows that container liner companies serving the U.S. trade have been able to improve transit times over the past three months, particularly on routes between China and the U.S. West Coast.Logistics News August 23, 2022
- Port of Los Angeles Expects Imports to Soften in AugustIt is reported that the import volume of the Port of Los Angeles in July did not decrease. But Gene Seroka, executive director of the Port of Los Angeles, said imports may finally start to fall this month.Logistics News August 24, 2022
- Target Cancels More Than $1.5 Billion of Orders in Q2Target said it reduced its inventory of non-essential goods throughout the second quarter by canceling more than $1.5 billion in orders and lowering commodity prices.Logistics News August 24, 2022
- China Railway Express has reached 196 cities in EuropeAs of the end of July this year, the China-European train has paved 82 transport routes, reaching 196 cities in 24 European countries.Logistics News August 24, 2022
- U.S. Core CPI Rises Less Than Estimates in JulyThe latest U.S. CPI data was released. The July CPI year-on-year and month-on-month data were both lower than expected, indicating that inflation peaked and fell temporarily. But inflationary pressures remained strong, with the food price index rising 10.9 percent year-on-year, the fastest pace since May 1979. Although the energy price index fell month-on-month, electricity prices rose 1.6%.Logistics News August 23, 2022
- UK's largest port strike poses challenge to supply chainsOn 21 August, more than 1,900 port workers at the UK port of Felixstowe began an eight-day strike over wages that is expected to affect supply chains across Europe.Logistics News August 23, 2022