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Monthly inbound cargo volumes at major U.S. container ports are expected to near record levels as retailers accelerate shipments in anticipation of a potential strike at East and Gulf Coast ports, the National Retail Federation (NRF) announced Thursday.
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Outpost is aiming to revolutionize space logistics by putting shipping container-sized spacecraft into orbit, with a clear focus on solving a critical challenge: the efficient return of large volumes of cargo from space.
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U.S. container import volumes surged in July 2024, reaching a 26-month high of 2,556,180 TEUs. This represents an 11.2% increase from June and surpasses the previous peak set in May 2022.
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These insights are drawn from the 2024 Inbound Logistics 3PL Perspectives report. In our 19th annual report, we've gathered and analyzed data from both 3PLs and shippers to examine the current services offered by 3PLs, identify what shippers seek in their 3PL partners.
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A truck driver and a passenger are facing federal charges related to drug trafficking following an undercover operation in Massachusetts this week.
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Drug seizures have increased at ports along Mexico's West Coast as enforcement agencies work to control shipping hubs influenced by violent cartels.
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In the second quarter, the national truck freight market continued its downward trend. Both the U.S. Bank Shipments and Spending Indexes contracted from the first quarter, though the declines were less severe compared to recent quarters.
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Just over a year ago, the industry was stunned by the news of Surge Transportation declaring Chapter 11 bankruptcy. Equally surprising, Surge Transportation emerged from bankruptcy filed on July 24, 2023, to complete a successful reorganization by July 24, 2024.
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New phishing scheme aimed at Carrier411 and users who are worried about potentially bad reviews or freight guard reports. This scheme uses fake domains and emails to trick the user into thinking they have a negative freight guard or review.
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Despite a challenging 27 months for freight brokerages during this market downturn, often considered a freight recession or even a depression, the overall credit scores for these brokerages are not as dire as expected.
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Two executives from the now-defunct Florida-based trucking and logistics firm, Royal Bengal Logistics Inc., have been charged with participating in a Ponzi scheme that fraudulently raised about $112 million from 1,500 investors.
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In recent months, the freight industry has been rocked by a wave of unprecedented scams. Just last week, we discussed a freight ransom ring in Illinois. Now, we have another alarming story to share: corporate espionage.