Evergreen ship lodged in Chesapeake for a month moving again
The Evergreen Marine Corp. container ship that had been stuck in Chesapeake Bay mud for more than a month is moving again, vessel-tracking data show.
Putin’s ruble standoff with Europe risks de facto gas embargo
The European Union and Russia are at risk of triggering a de facto embargo on Russian gas after the bloc’s lawyers drafted a preliminary finding…
Texas halts all Mexican truck inspections after border chaos
Texas Governor Greg Abbott halted all Mexican truck inspections after a week of protests, traffic jams and mounting outrage from business interests on both sides…
WorldACD: Trends for the past 5 weeks (week 14)
In week 14 (April 4-10), worldwide chargeable weight decreased by -6% compared with the week before, and the average worldwide rate decreased to US$ 4.11.
RK Logistics Group acquired by AOI Capital
• Acquisition expands firm’s portfolio, resources and capabilities in supply chain services • Deal retains current RK Logistics management team; will continue running the business…
Commerce Department identifies first Belarusian and more Russian aircraft exported to Belarus and Russia in violation of US export controls
The U.S. Commerce Department, through its Bureau of Industry and Security (BIS), has publicly identified 10 additional aircraft in likely violation of U.S. export controls,…
PBOC urges loans to logistics firms to ease supply chain pain
China’s central bank pledged financial support for logistics firms and truck drivers to ensure the country can maintain supply chain stability amid the worst Covid…
China lockdowns worry businesses as shipping uncertainty grows
More companies are expressing concern over delays in shipping of goods made in China due to rising Covid cases and the country’s efforts to control…
Leonard’s Express wins Grand Trophy for Safety from Trucking Association of New York
Leonard’s Express – a leading transportation services provider offering refrigerated trucking, dry van, warehousing and freight brokerage services – has won the Trucking Association of…
Low Ukraine/Russia import volumes; increased delivery in bordering
Volume Trends • Import volume into Ukraine remained low this week, down 82% compared to February 14-20. (Fig. 1) Import volume into Russia declined again…
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