Uncertain nuclear outlook in US clouds demand picture for MPV sector
MPV operators are hopeful the incoming Trump administration will build on Biden’s support for nuclear power generation, which would boost cargo volumes. Source link
Startup technology vendor takes aim at cargo theft with free tracking service
GenLogs, founded by an ex-counterterrorism expert, is offering shippers and brokers a way to track lost trailers and trucks as cargo theft booms in the US. Source link
China logistics giant SF Holding launches $793 million Hong Kong IPO
US retailers prepare for new ILA strike threat, tariffs on China imports Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods. Source link
Former congressman, TV host gets Trump’s nod to lead DOT
Sean Duffy is the incoming administration’s pick for transportation secretary, with much of his prior legislative focus on issues related to trucking. Source link
UP hikes LA-LB surcharges again as volumes remain elevated
The new charges apply to both spot market business originating in Southern California and to contractual agreements when weekly limits are surpassed by shippers using rail-owned containers. Source link
NYSHEX says will launch ocean freight rate indexes next year
US retailers prepare for new ILA strike threat, tariffs on China imports Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods. Source link
Global shippers’ alliance to launch pioneering e-fuel ocean tender
The urgent creation of new e-fuel markets for the most scalable net-zero solutions is essential if global cargo owners are to achieve their 2030 and 2040 climate goals, according to ZEMBA. Source link
Green ocean corridors hitting ‘feasibility wall’: Global Maritime Forum
A lack of action at the government level is now the number one bottleneck facing green corridor projects, according to a new report. Source link
US flag vessel owners, investors tout wave of support for expanding fleet
The Ships for America Act and national security spotlight seen as growth opportunities for US-flag commercial fleet. Source link
Importers navigate two-year high rail container dwells in Los Angeles-Long Beach
Forwarders and industry analysts forecast strong import volumes through the early Lunar New Year that begins Jan. 29 as importers of time-sensitive merchandise and manufacturing components route shipments through the country’s busiest gateway. Source link