Archive by Category Shipment Solutions
City of Baltimore Accuses Ship Owner of ‘Gross Negligence’ in Bridge Crash
The City of Baltimore says it plans to pursue “significant” claims against the firms responsible for the Dali, in a bid to compensate the city, its residents and businesses.
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Regulators Close Probe After Union Pacific Cuts Back on Shipping Limits
The STB opened its investigation after crew shortages led to Union Pacific imposing more than 1,000 embargoes in 2022.
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Port of Los Angeles Stopped Millions of Cyber-Intrusions in 2023
Biden administration cybersecurity advisor Anne Neuberger praised the port’s Cyber Resilience Center as an example of how government and the private sector can work together.
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Port of Baltimore on Track to Fully Reopen By End of May
The U.S. Department of Transportation reaffirmed the timeline the reopen the Port of Baltimore in a meeting with East Coast port leaders.
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Transports Index Tumbles, Signaling Risks for U.S. Stock Market
JB Hunt fired the first warning shots during its quarterly results, saying demand was weak, sending shares of the whole group lower. Then Knight-Swift followed.
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Bellwether Logistics Company J.B. Hunt Sees Dip in Profit, Revenue in Q1 2024
The company posted a $127.5 million profit in the opening months of the year, down from nearly $200 million in Q1 of 2023.
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Boeing Sharply Criticized at Two Senate Committee Hearings
One witness said there was a disconnect between Boeing management’s words about safety and what workers observe on the factory floor.
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Air Canada Staff Are Suspects in Heist of 6,600 Gold Bars
In October, Brink’s sued Air Canada, accusing the country’s largest airline of “negligence and carelessness.” Air Canada rejected the allegations.
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Malaysia Air Looks to Lighten Plane Loads on Middle East Detour
The Malaysian flag carrier will reroute flights to avoid airspace over parts of the Middle East, requiring more fuel and spurring the need to lighten its load.
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COVID Pandemic Wiped 24.6M TEUs Off Container Market Growth
Without the pandemic, the global container market would have been 198.1 million TEUs in 2023. Instead, it was only 171.0 million TEUs, BIMCO said.
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