by webadmin | Sep 29, 2024 | Logistics
With a potential strike at the Port of New York-New Jersey scheduled for October 1, shippers are urged to prioritize picking up import cargo by September 30. After this date, the terminals will no longer accept cargo, and export shipments must be loaded onto vessels...
by webadmin | Sep 28, 2024 | Logistics
Dockworkers from Maine to Texas may strike as the ILA’s contract expires, which could impact major East and Gulf Coast ports handling over 40% of U.S. containerized goods. Retailers have proactively stockpiled inventory, potentially softening the blow during peak...
by webadmin | Sep 28, 2024 | Logistics
The U.S. government is set to tighten regulations on the de minimis trade exception, which allows low-value imports to enter duty-free, primarily targeting large Chinese e-commerce retailers like Shein and Temu. This initiative aims to enhance consumer safety and...
by webadmin | Sep 27, 2024 | Uncategorized
During the FreightWaves Net Zero Carbon Summit, Paxafe CEO Ilya Preston emphasized the power of AI and precise data in optimizing the global cold chain. By reducing product loss and improving operational efficiency, Paxafe’s AI-driven platform helps clients in...
by webadmin | Sep 26, 2024 | Logistics
Leading to an 11% decline in share price, FedEx Corp. has reported disappointing first-quarter earnings. It was shown to miss their expectations by a great amount. Citing a shift towards cheaper delivery options and weakening demand in the U.S. domestic market, the...
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