Freight News
As one of the busiest U.S. seaports, the Port of Long Beach supports 2.7 million jobs across the nation, including more than 1.1 million in California, according to a port-commissioned study conducted by Boston-based EBP US found.
In the five-county Southern California region, more than 691,000 jobs are connected to Port trade, construction and tourism, or 1 out of 17 jobs.
"The data in this new analysis shows us what can be ...
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Danish shipping giant Maersk posted better-than-expected first quarter operating profit but warned that the ongoing tariff trade war between China and the U.S. could stunt global container volumes.
Maersk said first quarter earnings before interest, tax, depreciation and amortization, or EBITDA, of US$2.71 billion for the ...
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Chicago-based logistics solutions provider Loadsmart said Geoff Kelley has joined the company as COO and will oversee its brokerage, 4PL and managed transportation services.
Kelley was president of Nolan Transportation Group (NTG) and Transportation Insight (TI), where he helped lead the company through a period of ...
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April U.S. container imports increased 1.2 percent over March and 9.1 percent compared to the same month last year, surpassing 2.41 million TEUs for the second time in 2025, despite the current chaotic trade environment, according to Descartes Systems Group’s May Global Shipping Report.
Year-over-year, April ...
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BIMCO, the world’s largest shipping association, elected Fednav President and CEO Paul Pathy as the organization’s 47th president at its May 14 general meeting in Copenhagen.
Pathy, also the first BIMCO president from the Americas, succeeds Nikolaus H. Schües who is finishing his two-year term and ...
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Consumers face an overall average effective tariff rate of 27 percent, the highest since 1903 and, despite the 90-day pause, trade tariffs still feel like a constantly moving picture with a huge amount of uncertainty around what could happen next.
“There seems to be more common ...
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Central Florida’s Port Canaveral said it is investing more than US$500 million in landside and waterside improvements as part of its comprehensive Port Canaveral Advantage plan to expand capacity and capabilities across all aspects of its business operations.
"Port Canaveral has been a driving force for ...
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The 17th edition of the One World’s Market Sentiment Index, or MSI, for the multipurpose and breakbulk industry, shows further slippage in sentiment from 54.3 in the last edition to 53.3 in this edition but still above 50 which marks the point between generally positive ...
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Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7.
“The possibility of a U.S. recession ...
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The British International Freight Association, or BIFA, has launched a cargo community advisory body to undertake activities previously covered by the CCSUK User Group.
The advisory body will initially focus on the impact of the planned massive redevelopment of Heathrow Airport’s cargo village and the associated ...
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