In the latest episode of "The FreightCaviar Podcast", we sit down with Grace Maher and Jonathan McCormack of OTR Solutions. They shared their take on the current freight market, freight fraud, and talked about OTR's new platform for carriers.
Plus, Landstar delays Q1 earnings report due to massive fraud hit, witness tied to truck crash scheme murdered, UPS to cut 20K jobs amid Amazon pullback, and more.
The ship, docked at the port's Beilun terminal, was carrying dangerous goods, lithium batteries and tert-Butyl peroxybenzoate which may have been the cause if stored in an environment of over 86F(30C) .
"Immediate fire-fighting measures have been taken... the fire has been brought under control, and all the ship's personnel have been safely evacuated," Yang Ming Marine Transport stated.
Impact on Surroundings
Nearby offices were damaged by shockwaves
"Our windows were damaged, and the ceiling of our canteen collapsed a little," reported by a nearby staffer at a company located about 1 km (half a mile) from the ship.
This incident highlights the ongoing safety concerns in shipping hazardous materials. While quick action prevented casualties, it serves as a reminder of the potential dangers lurking in busy ports worldwide.
Hello! I'm Jerome FreightCaviar! I’m into the politics of freight and the impact it will have worldwide. I'm always eager to learn more. Follow me on X @JeromeFreightC
Special damages, also known as consequential damages, are extra costs not automatically covered by the carrier. They arise from the consequences of damaged or delayed freight. Here's what brokers and shippers need to know.
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