Post-pandemic thefts surged 600% in six months. Here's how advanced tech, rising insurance costs, and proactive solutions are reshaping cargo security.
Our exclusive documentary about the Serbian freight scene is out now.
In the latest episode of "The Freight Caviar Podcast", we sit down with several young and talented individuals who gave us an inside look at the Serbian logistics market and the benefits of outsourcing.
NextDecade Corp pushes forward with its massive LNG export terminal project at the Port of Brownsville, aiming to transform South Texas's trade dynamics.
Energy producer NextDecade Corp. has announced the advancement of its $18.4 billion liquefied natural gas (LNG) export terminal project at the Port of Brownsville, Texas. The terminal, Rio Grande LNG, is set to be one of the largest LNG exporters worldwide, designed to process 5.4 million metric tons of LNG per annum per compressor unit. The first phase will utilize three units, financed by nearly $6 billion from international partners including TotalEnergies and Global Infrastructure Partners.
Although an exact completion date was not disclosed, the project aims to transform South Texas's trade dynamics and supply the world with reliable, lower-carbon intensive LNG.
Source: FreightWaves
Another massive US LNG export project will move forward to help supply Europe and Asia 🇺🇸 🚢
— Stephen Stapczynski (@SStapczynski) July 12, 2023
💰 NextDecade made final investment decision on its Rio Grande LNG plant in Texas. Thats the 3rd US plant to reach FID in 2023
📅 Project to start in 2027https://t.co/PubeCPaWaY
Rapido's co-founders, Danny Frisco and Roberto Icaza, saw the potential of Mexico’s skilled workforce through their logistics experience with Coyote and BlueGrace. A chance lunch in Guadalajara sparked the idea to create a company bridging U.S. brokerages with top-tier logistics teams in Mexico.
Lego shifts production closer to key markets, delaying U.S. factory to 2027.
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.
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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