Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
This isn’t the freight recovery we were promised… and Q1 earnings make that painfully clear.
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.
Port of NY & NJ sees 21% YoY drop in cargo volume. Retailers tapping into overstock is a major cause.
The Port of New York and New Jersey witnessed a 21% year-over-year drop in its cargo volumes this August, bringing the total to 662,740 TEUs. This significant decline is attributed to U.S. retailers making use of their overstocked inventory, particularly as they prepare for the upcoming holiday shopping season. This inventory had accumulated due to the record cargo surges experienced over the past two years.
August 2023 in Comparison
Source: Supply Chain Dive
Cargo volumes at the Port of New York and New Jersey fell 21% YoY to 662,740 TEUs in August as the seaport adjusts to lower retail volumes.
— SLOWLY & SUDDENLY (@hodlinglove) October 3, 2023
It’s happening. There is a drip drip drip in the news.
Buckle down folks. I went through 2008 and it was a wild ride.
The looming US East Coast port strike could disrupt 550,000 TEUs weekly, prompting shippers to turn to Canadian ports as a potential alternative.
ILA union threatens Oct 1 strike, risking 43% of U.S. imports. Businesses worry as billions in daily trade hang in the balance.
U.S. ports report record July container volumes driven by early holiday shipping, with Los Angeles and Long Beach leading gains.
A fire on a Taiwanese cargo ship at China's Ningbo-Zhoushan Port caused an explosion felt kilometers away.
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