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A round-up of the latest news headlines for the supply chain and logistics industry, Week 24 of 2023.
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A round-up of the latest news headlines for the supply chain and logistics industry, Week 13 of 2023.
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Triple collision between container ships reportedly occurred at Yokohama Anchorage off Nonmoku Terminal, at around 2330 Tokyo time Mar 21.
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Container handling at Chittagong came to a near-halt today, as the owners and drivers of trucks, covered vans, and ’prime movers’ began a 72-hour strike this morning to press home various demands.
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The border slowdown began on March 28, a day after CBP hosted a press conference in El Paso, Texas. With hundreds of migrants being apprehended and placed into custody each day, the federal agency said it needed to reassign its labor to deal with the situation.
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Trucking shipments ticked down again in August since spiking in May, while still posting 6% year-over-year growth according to the Cass Freight Index.
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With U.S. manufacturing growth headed downward, tariff increases looming and interest rates headed up, economists are forecasting that in 2019 trucking companies will start to feel an easing off the gas in terms of demand.
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A moderating economy, Hurricane Florence and the impact of tariffs all contributed to a 5.2% quarterly decline in freight shipments (1.1% decline, year-over-year), according to the U.S. Bank Freight Payment Index.
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A huge queue of trucks has formed on the Poland-Belarus border as Russian and Belarusian drivers try to leave the EU following a sanctions deadline.
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Canadian Prime Minister Justin Trudeau said his government will hold steadfast on two key issues that have become sticking points in NAFTA talks.