Cargo Ship Ordered to Pay Over $102 Million Settlement Following Baltimore Bridge Tragedy

Washington — The owner and manager of the cargo ship involved in the tragic Baltimore bridge collapse have agreed to pay over $102 million to cover cleanup costs, according to officials on October 24. This settlement resolves a lawsuit filed by the Justice Department but does not include compensation for the reconstruction of the Francis…

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Impact of Recent Recession on Logistics in the USA and Canada

The logistics industry in the USA and Canada is facing unprecedented challenges due to the recent recession. Dive into the impacts, trends, and future outlook for transportation and supply chain businesses in this comprehensive blog.

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U.S. Ports See Surging Container Volumes, Port of Los Angeles Leads with 60% Year-over-Year Growth

Container volumes at U.S. ports soared in February, maintaining a robust performance for the year. The Port of Los Angeles, a key player in this surge, recorded a remarkable 60% rise in container processing compared to the previous year, reaching a total of 781,434 containers. This achievement marked the seventh consecutive month of year-over-year growth…

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Government of Canada Invests $6.7 Million in Thunder Bay Port Expansion Projects

The Member of Parliament representing Thunder Bay-Rainy River, Ontario, Marcus Powlowski, acting on behalf of Minister of Transport Pablo Rodriguez, has unveiled a substantial investment totaling $6.7 million for two pivotal projects at the Port of Thunder Bay. The funding, facilitated through the National Trade Corridors Fund, underscores a commitment to fortifying trade corridors, bolstering…

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Federal Maritime Commission Streamlines International Container Billing Procedures

In a landmark decision, the Federal Maritime Commission (FMC) has finalized a ruling aimed at simplifying the intricate billing processes associated with international container shipments. This move has been widely praised by truckers who have long borne the burden of paying ocean carrier detention and demurrage fees upfront, only to be reimbursed by shippers later….

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