The value of global trade is set to reach a new record this year, increasing by about 12% to an estimated $32 trillion, according to a U.N. report that signaled a slowdown heading into 2023.
December 13, 2022Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Global Trade Surges to $32 Trillion Record in 2022, U.N. Says
Perspective: Taking Aim at Unfair Billing
American Trucking Associations, the Association of Bi-State Motor Carriers and the Harbor Trucking Association jointly support a recently released Notice of Proposed Rulemaking from the Federal Maritime Commission that seeks to expand the timeliness and overall level of detail and transparency for detention and demurrage invoices coming from common carrier billing parties that provide ocean carriage and storage of freight.Â
December 12, 2022Maersk CEO Soren Skou Leaves, Will Be Replaced by Vincent Clerc
A.P. Moller-Maersk A/S CEO Soren Skou will step down and will be replaced by Vincent Clerc, the current head of the transport giant’s ocean and logistics business.
December 12, 2022Louisiana in Line for Federal Money to Restore ‘Hurricane Highway’ Shipping Channel
Louisiana may finally be in line for federal money to repair widespread ecological damage to the Mississippi River-Gulf Outlet shipping channel.
December 9, 2022Bhatt Confirmed to Lead Federal Highway Administration
Shailen Bhatt was confirmed as the 21st administrator of the Federal Highway Administration by the U.S. Senate, the Department of Transportation announced Dec. 8.
December 8, 2022US Transport Sidesteps China’s COVID Spike Impacts for Now
China’s experience with another outbreak of the coronavirus and related protests could have a downstream impact on domestic transportation.
December 8, 2022Secretary Buttigieg Lauds Workers at UPS Worldport Hub
Transportation Secretary Pete Buttigieg hailed UPS Worldport workers in Louisville during a Kentucky stop where he rode with a truck driver and toured facilities.
December 7, 2022Consumers Enjoy Tentative Relief as Supply Chains Unclog
The supply backlogs of the past two years — and the delays, shortages and outrageous prices that came with them — have improved dramatically since summer.
December 7, 2022FMCSA Denies Livestock Haulers HOS Exemption
Federal trucking regulators have denied a joint application request for an exemption that would allow truckers transporting livestock, insects and aquatic animals to drive a total of 15 hours during the 16-hour period following 10 consecutive hours off duty.
December 6, 2022Savannah Port Terminal to Get $410 Million Upgrade Amid Big Growth
The Port of Savannah plans a $410 million overhaul of one of its sprawling terminals to make room for loading and unloading larger ships while focusing its business almost exclusively on cargo shipped in containers.
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