In the latest episode of "The FreightCaviar Podcast", we sit down with Roberto Icaza, Co-Founder, President & COO at Rapido Solutions Group. He talks about doing cross-border business in Mexico, and shares advice for young people looking to find their path in life.
DOT Blitz Week is here. We break down inspection data, rate impacts, and why the market feels unusually quiet.
Plus, American Backhaulers reunion, Amazon fraud indictment, B-1 visa driver backlash, and more in today’s top freight headlines.
An innovative wind-propelled cargo ship begins its journey, promising a greener future for maritime transport, though economic challenges loom.
On the pathway to ever greener logistics, an eco-friendly cargo ship retrofitted with WindWings tech has set sail. Is this maiden voyage signaling the future of sustainable ocean transport?
The ship, chartered by food giant Cargill, has been equipped with WindWings designed by UK's BAR Technologies.
Key Data:
This innovative approach could redefine maritime transport, aligning it with the world's environmental goals.
The world's first wind-powered cargo ship, Mitsubishi Corporation's Pyxis Ocean, set sail from China after being fitted with WindWings — effectively fibreglass wind-powered sails. Here’s why you should care. A thread 🧵 (1/8) pic.twitter.com/7dYj7CUlzu
— CIRCA5000 (@CIRCA5000) August 24, 2023
Shipping groups urge governments to intervene as Houthi attacks claim more lives and send freight rates soaring. Second vessel sinks in Red Sea.
East Coast port strike looms while LA imports fall slightly. But bigger storm brewing as ocean freight rates could hit $20,000 per container.
Container rates hit new highs, causing shipper worry. With tender rejections in LA hitting 2-year highs, FreightWaves' Craig Fuller is "bullish" on 2H recovery.
Plus, the Port of Los Angeles posted its 11th straight month of year-over-year gains in exports, processing 770,337 total TEUs, up 12% from last year.
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