The latest news and features revolving around evolving customs regulations, global trade, and the services that help global shippers expedite freight through the global supply chain
Posted 07/01 · 10:04 AM · LM Editorial
The elimination of required cargo liability insurance by the FMCSA now forces shippers to independently verify the existence of the policy and nature of the coverage held by their carriers. Sound time-consuming? Our transportation law expert offers some practical advice.
Posted 07/01 · 09:25 AM · LM Editorial
Carriers get their house in order
Posted 07/01 · 09:23 AM · LM Editorial
While North America’s great ocean cargo gateways are heavily reliant on containerized throughput, major and minor ports alike are not letting go of their bulk and breakbulk operations. Indeed, many of them are coming to regard this basic piece of their portfolio as a value-added service.
Posted 07/01 · 08:32 AM · LM Editorial
OPEC failed to revise production quotas, and upon learning of this decision, traders quickly bid the price back up
Posted 07/01 · 08:07 AM · LM Editorial
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.
Posted 07/01 · 07:05 AM · LM Editorial
Responding to shipper concerns, the West Coast MTO Agreement (WCMTOA) announced it will postpone until August 1 its planned adjustment to the Traffic Mitigation Fee at the Ports of Los Angeles and Long Beach.
Posted 07/01 · 06:38 AM · LM Editorial
The Port of Long Beach, which has been promoting free market solutions to address air pollution concerns for some time, is celebrating the nation’s Independence Day weekend by closing an irksome contractual loophole
Posted 06/30 · 08:21 AM · LM Editorial
A new piece of legislation introduced by Congressmen Russ Carnahan (D-MO) and Frank Guinta (R-NH) is focused on addressing fraud-related issues in the freight transportation marketplace.
Posted 06/30 · 08:11 AM · SCMR Editorial
The Hackett Group, a global strategic business advisory firm, has recently detailed the problems large companies face mitigating commodity cost increases
Posted 06/29 · 09:49 AM · LM Editorial
The United States Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners Canada and Mexico was up 12.1 percent in April 2011 compared to April 2010, coming in at $73.8 billion.