Plus, Standard Forwarding's big rebrand, J.B. Hunt focuses on intermodal mix amid muted market, DOT ends NY congestion tolls, and more.
Funny Freight Friday: Sometimes a meme is worth a thousand words.
Here's how Rapido is supporting cross-border freight operations between the US and Mexico, solving logistics challenges with expert advisory, staffing solutions, and strategic partnerships.
Following multimillion-dollar filings against shipping lines OOCL and Yan Ming, the bankrupted BBBY now targets giant MSC.
In a bold legal move, Bed Bath & Beyond's bankruptcy estate files a heavy $316 million claim against Mediterranean Shipping Co. (MSC), the world's largest ocean carrier, alleging significant damages and seeking double due to purportedly willful misconduct.
BBBY accuses MSC of coercing extracontractual surcharges, leading to overpayment, and unjust detention and demurrage charges amid unavoidable port congestion. MSC refutes all allegations, setting the stage for a landmark shipping law dispute. This lawsuit could redefine carrier-shipper dynamics and ripple through the logistics industry.
Source: FreightWaves
Bankruptcy estate of Bed Bath & Beyond alleges it suffered $158 million in damages from MSC’s actions during the supply chain crisis, and is seeking double damages due to alleged “willful retaliatory conduct.” https://t.co/XD5lpbPhgq
— American Shipper (@AmericanShipper) November 28, 2023
Amazon unveils plans for a low-cost storefront featuring Chinese sellers' products, aiming to compete with Temu and Shein in the U.S. market.
Only 49% of shippers are satisfied with 3PL IT capabilities. Good news: 63% are open to working with smaller, specialized, or regional 3PLs.
FreightWaves announces the 2024 Shipper of Choice winners, honoring 25 top companies like Agri-Mark and ALDI for their exceptional logistics partnerships.
Walmart faces stiff competition from Amazon as it seeks new revenue streams and innovative strategies to maintain its lead in the retail sector.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
