Plus: CargoNet's Thanksgiving theft trends, a robotic system for unloading non-palletized goods lands a $50M investment, trucks stolen in Chicago, and more.
In the latest episode of "The Freight Caviar Podcast", we sit down with Charley Dehoney, CEO & Co-Founder of Upwell. He discusses his early experiences at Worldwide Express and GlobalTranz, and why he believes industry consolidation is on the horizon.
FMCSA releases video for drivers to get back CDLs, Trump names commerce secretary, and more.
An innovative wind-propelled cargo ship begins its journey, promising a greener future for maritime transport, though economic challenges loom.
On the pathway to ever greener logistics, an eco-friendly cargo ship retrofitted with WindWings tech has set sail. Is this maiden voyage signaling the future of sustainable ocean transport?
The ship, chartered by food giant Cargill, has been equipped with WindWings designed by UK's BAR Technologies.
Key Data:
This innovative approach could redefine maritime transport, aligning it with the world's environmental goals.
The world's first wind-powered cargo ship, Mitsubishi Corporation's Pyxis Ocean, set sail from China after being fitted with WindWings — effectively fibreglass wind-powered sails. Here’s why you should care. A thread 🧵 (1/8) pic.twitter.com/7dYj7CUlzu
— CIRCA5000 (@CIRCA5000) August 24, 2023
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
Container rates hit new highs, causing shipper worry. With tender rejections in LA hitting 2-year highs, FreightWaves' Craig Fuller is "bullish" on 2H recovery.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
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