Initiative will launch a “high-visibility dashboard” connecting major transportation hubs directly to ocean carriers, trucking companies, railroads and retailers, Sean Duffy said.

The effective closure of the Strait of Hormuz in early March has driven Asian buyers to look for alternative sources to replace disrupted Persian Gulf barrels.

The agreement follows an extended bargaining process that included both direct negotiations and mediation under the National Mediation Board.

If shippers look to frontload imports, then carriers will look to push rates higher and higher, so the market may yet be far from its peak, warns the analyst.

The cold chain industry is evolving and packaging strategies must keep up.

Beginning in August, UPS will offer one-, two- and three-day air freight options to and from Mexico, to help manufacturers move high-value, time-sensitive parts.

The fund will also seek to stimulate a revival in U.S. shipbuilding and other maritime operations.

The outsized profits on offer for getting cargo out are drawing wide-ranging interest — from established players in the oil market to relative newcomers.

Most teams are making critical decisions with incomplete information. Not because they lack data, but because they can’t use it fast enough. Decisions are happening in motion, without a steady state. This report shows how Freight Audit and Payment (FAP) is becoming a layer for decision intelligence and financial control when it matters most. 

Rutgers freshman Ava Shertenleib said that moving forward, the scholarship will allow her to dedicate more time to her education and future career goals.