If approved, the measure would likely trigger contractual challenges for European logistics firms and political backlash from other gas-buying nations.
Peloton says that, between 2020 and 2023, Flexport charged D&D and other related charges that were improperly invoiced by Flexport, in violation of the Shipping Act.
Ex-Asia rates have increased by around $1,000/FEU since the end of April, climbing to $4,000/FEU for routes to the U.S. West Coast and Northern Europe.
Managing a global supply chain has never been more challenging, with complex, ever-evolving regulations, increasingly frequent extreme weather events, volatile geopolitical crises, and sophisticated cybercrime.
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