Drewry shipping's ocean freight rates ease | The Loadstar posted on the topic | LinkedIn (2024)

❗ US importers beware!The Department of Homeland Security is increasing scrutiny on goods which may have been made using forced labour...Alex Lennane reports. #forcedlabour #us #supplychain #logistics https://lnkd.in/efNeUtRT

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The International Longshoremen Association (ILA), which represents some 85,000 port workers along the eastern seaboard and Gulf coast ports, is displaying a determined stance in its face-off with port employers over a new labour contract.The union wants substantial wage increases for members, citing the high profits of container lines. In aFacebookpost it stated: “USMX member-companies’ profits are enormous, amounting to billions of dollars, and the ILA will demand wage increase commensurate with these revenues.”Ian Putzger reports on the updates from the US East Coast port worker's union....#ILA #strikeaction #labourdispute #USEC #useastcoast #internationallongshoremenassociation #us #supplychain #logistics #portstrike #supplychain https://lnkd.in/ezmJXAUr

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🌟 This week’s episode of News in Brief is a special edition, Multimodal in Brief, with a surprise celebrity guest!🎤 Host and news reporter Charlotte Goldstone spent time at this week’s Multimodal exhibition in Birmingham, UK, recording brief interviews with visitors and exhibitors from across the supply chain, learning why their company attended the event and what they thought of it.⚽ And, at the awards gala, Charlotte got to chat with football legend Kevin Keegan, the after-dinner speaker, about the years he spent in major port cities and his experience with the logistics industry…Robert Jervis Multimodal Exhibition Emma Murray Meantime Communications Eyal Goldberg Sharon Greer ASM (UK) Ltd Kelly Hobson RailX Al Richardson Logistics UK Emma Rowlands Kerry Logistics Callum Bastock Carl Hobbis British International Freight Association - BIFAhttps://lnkd.in/eF9n8yPi

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FedEx is planning to shed between 1,700 and 2,000 posts among its workforce in Europe – “part of ongoing measures to reduce structural costs”.“We do not take these decisions lightly, but they are essential to putting FedEx on the right path for the future.”Stuart Todd reports. #fedex #supplychain #jobloss #jobcuts #supplychain #logistics #costreduction #airfreight #aircargo https://lnkd.in/eWsyvAat

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Ocean carriers are “scrambling for any tonnage” to provide additional capacity on east-west services, but the tonnage providers are “taking advantage” as the cost of chartering vessels has recently risen rapidly....“All carriers fight for the same ships – either you buy, or you charter – and they are all scrambling for tonnage now. There is big money to be made, at the expense of shippers who get only to pay more and more for deteriorating service levels.”Charlotte Goldstone reports on recent east-west service updates with insights from Xeneta's Peter Sand, MSC Mediterranean Shipping Company, A.P. Moller - Maersk's Joe Knight, Vespucci Maritime's Lars Jensen, Alphaliner, CMA CGM.#containershipping #supplychain #seafreight #oceanfreight #logistics #msc #maersk #redsea https://lnkd.in/dDjvUVB9

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Nick Marsh and Charlotte Goldstone are ready to go at 9.58! ⏰Come and chat to The Loadstar at Multimodal Exhibition 🧡

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Samsung’s US subsidiary has lodged its largest complaint yet with the Federal Maritime Commission (FMC), claiming HMM imposed some 96,000 “erroneous” detention & demurrage (D&D) charges.The complaint follows Samsung Electronics America (SEA) proceedings against Cosco, OOCL, SM Line and Zim, and while the financial claim has yet to be made public, it could easily hit the tens of millions.Alex Whiteman reports.#hmm #samsung #fmc #oceanshipping #oceanfreight #containershipping #fmc #supplychain #logistics https://lnkd.in/ei5fQZEn

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Last week’s meetings between the Teamsters union (TCRC) and Canadian National Railway (CN) were abandoned less than halfway through, as the parties refuse to see eye-to-eye. Teamsters Canada president said CN and CPKC’s have given "clear indication of how little they care about the economy and the supply chain, as well as their unwillingness to negotiate". "Quite frankly, they are using multinational corporations, the Canadian public and North American supply chains as pawns to further their greed.” Charlotte Goldstone reports. #canada #canadianrail #tcrc #canadiannationalrailway #railstrike #labourdispute #cpkc #cn #logistics #railfreight #supplychain https://lnkd.in/e8c8kCnH

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