The tool allows carriers to bid on available shipments and receive notifications letting them know if their bid is denied, accepted, or if a counteroffer has been made.

The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).

The program changes will allow companies to package and securely ship air cargo while reducing the need for additional security screenings.

Traders have booked at least four cargoes of Australian grain for shipping from September to October after Beijing removed import tariffs on August 5.

Twenty-eight percent of those surveyed foresee a decline in container prices in August while another 30% think prices will remain unchanged.

Talks are focused on enabling Codelco’s Andina mine and Anglo’s Los Bronces to tap rich ore grades sitting between the two operations.

One in five importers from outside the U.K. have had to change their supply chains due to geopolitical tensions while another 15% are considering supply chain alterations.

U.S. ports are expected to handle 2.03 million TEU during August, marking the first time American ports have handled over 2 million TEU since October 2022.

The package carrier took an extra hit last quarter from its contract talks with the Teamsters union, which UPS says resulted in $1 billion in lost revenue.

The British Columbia Maritime Employers Association ratified the agreement on July 31.