Plus: A historic rail merger is officially on the books, a deadly Charlotte crash reignites underride guard concerns, South Korea angles to sidestep U.S. tariffs with a shipbuilding deal, and more in today's newsletter.
Union Pacific’s $85 billion Norfolk Southern merger and Hub Group’s $51.8 million Marten Intermodal deal signal major shifts in U.S. freight, raising questions on competition, costs, and capacity.
Six people died in a Charlotte underride crash, highlighting the severe dangers of cars sliding under tractor trailers.
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
Walmart and Amazon lead the 2025 U.S. retail rankings, as stable leadership among top retailers.
Del Monte’s bankruptcy exposes logistics firms like Uber Freight to major losses
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.
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