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Retailers Plea For Deal: US Ports, Union Start Two-Day Talk In Effort To Prevent Disruptive Strike
Wednesday, September 4, 2024 - 12:03pm | 633Port employers and the union representing East and Gulf coasts dockworkers begin a two-day meeting in New Jersey to prevent a strike that would disrupt maritime commerce along the entire U.S. Eastern Seaboard. Talks on a labor deal for six of the 10 busiest ports stopped in June when the...
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Disunified Chassis Leasing System Exacerbates Port Congestion
Monday, July 12, 2021 - 10:42am | 1129The ongoing container shortage and port congestion is becoming old news. Freight income per TEU is higher than ever due to the COVID-spurred consumer demand for goods. The industry is seeing a large number of blank sailings, not for lack of cargo, but because the containers sit in waiting for so...
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Ongoing Port Congestion May Create Opportunistic 'Inventory Bubbles' For Off-Price Retail
Thursday, June 10, 2021 - 12:25pm | 1684This is an excerpt from Monday's (6/7) Point of Sale retail supply chain newsletter sponsored by ArcBest. Off-price retailers typically weather economic downturns with relative ease. In good economies, loyal shoppers of off-pricers like T.J. Maxx, Ross Stores and Burlington have the wherewithal...
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FreightWaves Flashback 1982: Customs agents go after containerized contraband
Friday, May 22, 2020 - 4:13pm | 1271The many industries that make up the world of freight have undergone tremendous change over the past several decades. Each Friday, FreightWaves explores the archives of American Shipper's nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories...