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The investment comes 10 months after Florida-based Greenscreens.ai raised a seed round, also led by Tiger Global. Founded in 2020, the company focuses on narrowing the pricing advantage that digitally native freight brokers, as well as those that have spent capital developing internal predictive pricing algorithms, have over incumbent brokers.
A slowing U.S. economy and the possibility of a coming freight slowdown has key U.S. intermodal providers turning to aggressive pricing to keep freight on the rails in 2023.
Paired with a weak global economy, Hapag-Lloyd’s CEO Rolf Habben Jansen expects container rates to be in decline for some time
Operations in Miami, Port Everglades, and Jacksonville Terminals are expected to be affected by Tropical Storm Nicole, please expect delays
In the latest disruption linked to the contract talks, marine clerks from the International Longshore & Warehouse Union (ILWU) picketed at Oakland over a travel pay issue for dockworkers who come into the port from outlying locations.
The US coast guard captain of the miami and port everglades has informed the ports will go into condition zulu as of today nov 8 / 8 pm amid tropical storm Nicole.
Therefore ports will be closed until further notice.
For any inquiries please reach out to the Miami office directly
A seventh rail union has ratified the tentative contract deal brokered by the Biden administration, bringing Class I railroads and unions one step closer to staving off a strike that could shut down the US freight rail system as early as Nov. 19.
The stronger-than-expected increase in trucking jobs last month, including all workers but mostly truck drivers, points to continuing freight demand.
Effective ocean carrier capacity will be decreased by up to 15% between 2023 and 2024, a result of new global fuel efficiency rules, along with slow-steaming and scrapping. The reduction will occur in spite of a continuous increase in newbuilding deliveries,..
Container availability in the USA is tight in the areas of the South Atlantic Coast and Gulf Coast
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Total US LTL costs were still up 14.4 percent year over year in October, but shippers should see some relief in 2023.
The California Trucking Association says state agencies are beginning enforcement actions involving the AB5 worker classification law.
THE Alliance members Hapag-Lloyd, Ocean Network Express, HMM, and Yang Ming have finalized their network plans to deploy larger vessels on the Asia-Europe and trans-Atlantic trades in April 2023.
US for-hire truck tonnage saw its single-largest monthly decrease in November since early 2020 as freight demand, already falling from unsustainable 2021 levels, cooled even faster, according to the American Trucking Association (ATA). The ATA’s For-Hire Truck Tonnage...
An artist’s impression of Ørsted’s FlagshipONE project, which will be Europe’s largest e-methanol plant.
While domestic intermodal traffic on private boxes is up, the number of loads traveling on rail-owned containers plunged 20 percent year over year in November, according to the Intermodal Association of North America.
About 20% of cargo volume has shifted to other U.S. hubs as shippers sought to “avoid labor disruptions”. Seroka said he “would not be surprised” if 5 percentage points of the 20% that’s moved don’t return to the West.
Lack of maritime infrastructure exacerbates safety risks in the region, according to a government watchdog
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
Chassis issues are challenging in all regions in the U.S. This is due to the division of the intermodal system and the lack of additional capacity at different levels of the supply chain.
With reshoring decisions dictated by costs and logistics factors, U.S. manufacturers are unlikely to shift manufacturing operations out of East Asia in 2023, separate reports indicate.
Limited trucking and equipment availability are among the main challenges across the supply chain.
Overall, carriers are more optimistic about demand recovery prospects on the Trans-Pacific than on the Asia-Europe trades, but how the market will behave post-CNY remains unclear.
Total US LTL costs were still up 14.4 percent year over year in October, but shippers should see some relief in 2023.
The California Trucking Association says state agencies are beginning enforcement actions involving the AB5 worker classification law.
Trucking capacity is reduced in most areas in the USA, resulting in additional delays for picking and delivering cargo.
THE Alliance members Hapag-Lloyd, Ocean Network Express, HMM, and Yang Ming have finalized their network plans to deploy larger vessels on the Asia-Europe and trans-Atlantic trades in April 2023.
Due to increased volume and labor shortage, most terminals are experiencing congestion issues, including New York, Baltimore, Norfolk, Savannah, Houston, Oakland, and Vancouver
US for-hire truck tonnage saw its single-largest monthly decrease in November since early 2020 as freight demand, already falling from unsustainable 2021 levels, cooled even faster, according to the American Trucking Association (ATA). The ATA’s For-Hire Truck Tonnage...