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.
Tim received an inbound lead from a new customer for an FTL load of mattresses headed from Cincinnati to Chicago. The customer prepaid for the load with a credit card.
Plus: Overhaul’s data shows California leading in cargo thefts, while U.S. ports report rising imports but slowing exports as holiday prep ramps up—and more.
Data from the flexible work marketplace Instawork points to a potential rebound in the US supply chain. Notably, in the manufacturing sector, hourly wages have surged by 12.1% year over year in June, indicating increasing labor demand as businesses begin to ramp up again.
Instawork's data also suggest that this revival is primarily led by manufacturers on the west coast, where demand for labor in Los Angeles increased by 38% in Q2, while in the Bay Area, the demand saw a whopping 59% surge.
Moreover, there has been a 52% spike in shift hours in Los Angeles, signaling growing production activity. If these trends continue, the overall economic outlook for the latter half of the year appears promising.
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
August PMI shows manufacturing still contracting. Production plummets to lowest level since May 2020 as demand weakens and inventories rise. But there may be relief moving into the holiday season.
The U.S. manufacturing sector faces contraction with a PMI of 48.7 in May 2024, while manufacturing construction hits a record high. What's up with these mixed signals?
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