#shipping-industry

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How Amazon and IKEA are pushing the ocean shipping industry to meet net-zero emission goals

Amazon and IKEA lead a coalition to bid for near-zero emission shipping contracts.
The alliance plans to drive demand for renewable e-fuels in ocean freight.
Targeting net-zero emissions in shipping by 2050 through collective action.
#fedex

Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers

FedEx's poor quarterly performance highlights weakening economic conditions and raises questions about the Fed's timely response to economic signs.

FedEx Earnings Are Economy Red Flag

JPMorgan's Jamie Dimon warns the US economy is unlikely to achieve a soft landing amid rising unemployment and inflation concerns.

FedEx and UPS Offer Shipping Deals to SMBs | Entrepreneur

FedEx and UPS are targeting smaller customers by offering previously exclusive discounts to combat a shortened holiday shipping period.

Economic bellwether FedEx blames poor Q1 on darkening outlook for manufacturers

FedEx's poor quarterly performance highlights weakening economic conditions and raises questions about the Fed's timely response to economic signs.

FedEx Earnings Are Economy Red Flag

JPMorgan's Jamie Dimon warns the US economy is unlikely to achieve a soft landing amid rising unemployment and inflation concerns.

FedEx and UPS Offer Shipping Deals to SMBs | Entrepreneur

FedEx and UPS are targeting smaller customers by offering previously exclusive discounts to combat a shortened holiday shipping period.
morefedex

Shipping firms to pay $102m settlement for Baltimore Bridge cleanup

The shipping companies reached a $102 million settlement over a deadly bridge collapse but deny liability and face further claims.
#port-operations

Dockworkers Strike Could Begin Tuesday, With Talks at an Impasse

A potential strike by longshoremen could paralyze key U.S. ports and severely impact the economy if a labor agreement isn't reached.

New York area ports could see workers walk off job this week as part of eastern US strike | amNewYork

The Port of New York and New Jersey may experience shutdowns due to a contract dispute between longshoremen and shipping companies.

The U.S. ports strike is over, but how long will it take to clear the cargo backlog?

The U.S. East and Gulf Coast ports reopened after a major dockworker strike, but clearing the backlog of ships will take weeks.

For Savannah, It's Not Just a Port. It's an Economy.

Savannah's economic significance is highlighted by its role as a major ocean cargo complex, essential for regional trade and industry.

Dockworkers Strike Could Begin Tuesday, With Talks at an Impasse

A potential strike by longshoremen could paralyze key U.S. ports and severely impact the economy if a labor agreement isn't reached.

New York area ports could see workers walk off job this week as part of eastern US strike | amNewYork

The Port of New York and New Jersey may experience shutdowns due to a contract dispute between longshoremen and shipping companies.

The U.S. ports strike is over, but how long will it take to clear the cargo backlog?

The U.S. East and Gulf Coast ports reopened after a major dockworker strike, but clearing the backlog of ships will take weeks.

For Savannah, It's Not Just a Port. It's an Economy.

Savannah's economic significance is highlighted by its role as a major ocean cargo complex, essential for regional trade and industry.
moreport-operations
#labor-relations

Dockworkers on the East and Gulf Coasts have agreed to suspend the strike after reaching a deal for better pay

A tentative wage agreement was reached, leading to the suspension of the strike until January 15.

Opinion | This Perfect Storm of a Port Strike Could Have Been Avoided

The dockworkers' strike threatens supply chains and could escalate inflation ahead of elections, highlighting systemic issues in the shipping industry.

Port strike update: What are the dockworker demands? Should I stock up on items? Here's everything to know

The dockworkers' strike is a significant event impacting the economy and supply chains, particularly ahead of the holiday shopping season.

Dockworkers on the East and Gulf Coasts have agreed to suspend the strike after reaching a deal for better pay

A tentative wage agreement was reached, leading to the suspension of the strike until January 15.

Opinion | This Perfect Storm of a Port Strike Could Have Been Avoided

The dockworkers' strike threatens supply chains and could escalate inflation ahead of elections, highlighting systemic issues in the shipping industry.

Port strike update: What are the dockworker demands? Should I stock up on items? Here's everything to know

The dockworkers' strike is a significant event impacting the economy and supply chains, particularly ahead of the holiday shopping season.
morelabor-relations
#environmental-impact

F.B.I. Agents Board Ship Managed by Company of Vessel in Baltimore Bridge Collapse

The boarding of the Maersk Saltoro by FBI agents is connected to investigations regarding the deadly collision involving the Dali ship.

This is what happens when shipping containers fall overboard

The loss of shipping containers at sea poses environmental challenges, with debris significantly impacting coastlines and marine habitats.

Port of Oakland wants to make room for bigger ships: Here's a look at expansion plan

The Port of Oakland is proposing to widen two turning basins to accommodate larger ships.
Widening the turning basins will improve safety margins, reduce costs, and benefit the local economy.

World's first hydrogen-powered ferry to operate in SF Bay

The world's first hydrogen-powered commercial passenger ferry, MV Sea Change, will operate in San Francisco Bay, aiming to reduce carbon emissions in the shipping industry.

F.B.I. Agents Board Ship Managed by Company of Vessel in Baltimore Bridge Collapse

The boarding of the Maersk Saltoro by FBI agents is connected to investigations regarding the deadly collision involving the Dali ship.

This is what happens when shipping containers fall overboard

The loss of shipping containers at sea poses environmental challenges, with debris significantly impacting coastlines and marine habitats.

Port of Oakland wants to make room for bigger ships: Here's a look at expansion plan

The Port of Oakland is proposing to widen two turning basins to accommodate larger ships.
Widening the turning basins will improve safety margins, reduce costs, and benefit the local economy.

World's first hydrogen-powered ferry to operate in SF Bay

The world's first hydrogen-powered commercial passenger ferry, MV Sea Change, will operate in San Francisco Bay, aiming to reduce carbon emissions in the shipping industry.
moreenvironmental-impact

In a Cat-and-Mouse Game, Russian Oil Tankers Are Flying New Flags

Russia uses strategic shipping maneuvers to evade international oil sanctions.
The Jaguar tanker exemplifies the shadowy tactics employed by Russia for oil transport.
Changing flags allows Russian tankers to escape Western authorities' scrutiny.
#automation

Port Strike: Dockworkers Union Members Call for Higher Pay | Entrepreneur

Over 45,000 dockworkers strike for higher pay and job security amidst automation threats, impacting U.S. sea imports significantly.

Fears of automation are at the heart of the dockworkers strike

The dockworker strike highlights the clash between labor rights and automation in the shipping industry.

Port Strike: Dockworkers Union Members Call for Higher Pay | Entrepreneur

Over 45,000 dockworkers strike for higher pay and job security amidst automation threats, impacting U.S. sea imports significantly.

Fears of automation are at the heart of the dockworkers strike

The dockworker strike highlights the clash between labor rights and automation in the shipping industry.
moreautomation
#labor-strike

Port worker strike set to begin on Tuesday

A strike involving 45,000 workers at East Coast ports could have devastating supply chain effects and economic losses of up to $5 billion a day.

A dockworker strike in Boston is looming. Here's what to know

The impending port strike could lead to billions in losses and disrupt the U.S. supply chain significantly.

Port worker strike set to begin on Tuesday

A strike involving 45,000 workers at East Coast ports could have devastating supply chain effects and economic losses of up to $5 billion a day.

A dockworker strike in Boston is looming. Here's what to know

The impending port strike could lead to billions in losses and disrupt the U.S. supply chain significantly.
morelabor-strike

The Life at Sea 2024 photography awards: a rare glimpse into the highs and lows of seafaring

Seafaring involves hidden struggles, with crew members often feeling trapped despite the romanticized perception of their lifestyle.

Port strike next week appears likely, seaport CEO says

A potential dockworker strike is likely, but could last only a few days, according to Georgia Ports Authority CEO Griff Lynch.

Logistics Report: Rock's Sustainable Trucking Journey; Boeing's Costly Supply Chain Woes

Measures of business activity in the US and Eurozone grew, Singapore's economy accelerated, major container lines reported profits, and companies made strategic moves in various sectors.

China container shipping leasing rates go 2.5X in May, container prices rise by 88% - London Business News | Londonlovesbusiness.com

Shipping container trading market in China has significantly tightened with a surge in prices due to increased demand for westbound trade.

Job Vacancy: Senior Fullstack Engineer (f/m/d) // Kaiko Systems | IT / Software Development Jobs | Berlin Startup Jobs

Kaiko Systems empowers frontline workers in the shipping industry to collect and analyze vessel health information, making it safer, smarter, and more profitable.
#inflation

Red Sea ship attacks could push UK inflation up

The UK economy may see inflation rise by 0.2 to 0.5 percent due to commercial disruptions caused by the Houthis targeting vessels in the Red Sea.
The shipping industry forecasts a rise of up to 0.5 percent inflation, indicating that the UK will not escape the commercial fallout from the Houthi offensive.

Logistics Report: Shipping Recovery Stacking Up; China's Carmakers Look Past U.S. Market

U.S. inflation eased in April, retail sales flat, oil-demand forecast cut, Thyssenkrupp lowers outlook, Red Lobster bankruptcy expected, tanker sector in bull market.

Red Sea ship attacks could push UK inflation up

The UK economy may see inflation rise by 0.2 to 0.5 percent due to commercial disruptions caused by the Houthis targeting vessels in the Red Sea.
The shipping industry forecasts a rise of up to 0.5 percent inflation, indicating that the UK will not escape the commercial fallout from the Houthi offensive.

Logistics Report: Shipping Recovery Stacking Up; China's Carmakers Look Past U.S. Market

U.S. inflation eased in April, retail sales flat, oil-demand forecast cut, Thyssenkrupp lowers outlook, Red Lobster bankruptcy expected, tanker sector in bull market.
moreinflation

Logistics Report: Dali Probe Targets Earlier Outages; Biden's Tariffs Roil Supply Chains

The U.S. producer prices index rose 0.5% in April.
Alibaba's net profit fell by 86% despite increases in sales and logistics revenue.
Surging container freight rates are boosting shipping companies' shares.

Shipping companies have 'evolved' to the 'escalation of hostilities in the Red Sea'

Shipping companies are strategically rerouting away from the Red Sea due to rising war insurance costs.
Less vessels are using the Red Sea, with rerouting decisions based on factors such as cost, risk perception, and recent shipping incidents.

Dutch students cross North Sea in hydrogen boat - but you won't ride one anytime soon

TU Delft students crossed the North Sea in a fully hydrogen-powered boat, showcasing the viability of hydrogen as a fuel source for ships.

Logistics Report: Warehousing's Cool Stock Offering; Tumbling Rates, Fleeting Demand

Retail sales rose 0.8% without gas prices and cyberattack impact.
Adidas raised the yearly outlook after a 9% sales increase.
High-end fashion brands like Hugo Boss see declining luxury goods spending.
Sinaloa cartel controls Mexico's Port of Manzanillo for drug trafficking.
Shipping industry shows signs of congestion easing at Port of Singapore.

Container prices double, leasing rates triple in China - London Business News | Londonlovesbusiness.com

Container prices in China have spiked to $3600 for 40 ft high cube cargo-worthy containers, indicating a 112% increase in two months.
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