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☆ Teamsters Threaten Strike at Yellow as Trucker Misses Pension Payment
▼ + stars: | 2023-07-18 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Trucker Yellow Wins Reprieve from Lenders, Including U.S. Government
▼ + stars: | 2023-07-10 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ East Coast Ports Hit Speed Bump in Fast-Track Labor Talks
▼ + stars: | 2023-06-29 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Frontline Workers Are Bargaining for Pandemic ‘Hero’ Pay
▼ + stars: | 2023-06-26 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Electrical Grid Parts Shortages Are Slowing Truck-Charging Projects
▼ + stars: | 2023-06-20 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ New Ports Contract Would Raise Pay 32%, Bring Dockworkers $70 Million in Bonuses
▼ + stars: | 2023-06-16 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ West Coast Dockworkers and Ports Reach Contract Agreement
▼ + stars: | 2023-06-14 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ White House Seeks to Ease Growing Strains in Port Labor Talks
▼ + stars: | 2023-06-13 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Here’s How West Coast Port Talks Led to Disruption
▼ + stars: | 2023-06-09 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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Persons: Dow Jones

☆ Freight Broker C.H. Robinson Names Ford Executive as CEO
▼ + stars: | 2023-06-06 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Dockworkers Extend Job Actions Delaying West Coast Port Cargoes
▼ + stars: | 2023-06-06 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ Dockworkers Shut Down, Slow Cargo Operations at West Coast Ports
▼ + stars: | 2023-06-02 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ California’s Electric-Truck Drive Draws Startups Building Charging Networks
▼ + stars: | 2023-05-29 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ U.S. Seaports Are Weathering a Numbers Hangover in Import Volumes
▼ + stars: | 2023-05-21 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

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☆ As Pandemic-Era Investor Fervor Eases, Money Gets Tight for Logistics Startups
▼ + stars: | 2023-05-15 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

Companies that use digital tools to find available trucks have been popular with investors in recent years. Photo: Chip Somodevilla/Getty ImagesLogistics and supply-chain startups, darlings of the venture-capital world during the pandemic, are struggling to raise funds as investors tighten spending and put companies under tougher scrutiny. Funders say they are growing more cautious with seed and mid-stage investments amid rising interest rates that are raising the cost of capital and concerns over the direction of the broader economy.

☆ Macquarie Seeks Sale of U.S. Port Terminal Operator
▼ + stars: | 2023-05-09 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

Ceres has cargo handling, or stevedoring, operations at the Port of Savannah, Ga. Photo: Stephen B. Morton/Associated PressMacquarie Asset Management is seeking to sell North American port facilities operator and stevedore Ceres Terminals , according to people familiar with the matter, even as the market for infrastructure assets faces challenges with rising interest rates and slumping trade activity. The Australian investment fund is looking for about $1 billion, the people say, for the business with operations at ports in Houston, Baltimore, the Port of Savannah, Ga., and other gateways.

☆ Labor Deal at West Coast Ports Comes Into View
▼ + stars: | 2023-05-08 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The dockworkers’ union and port employers have been negotiating for almost a year on a contract covering more than 22,000 dockworkers at West Coast ports. Photo: Patrick T. Fallon/Bloomberg NewsContract talks between unionized longshore workers and employers at West Coast ports appear to be headed into their final stretch following agreements on several major issues, potentially clearing the uncertainty that has been hanging over U.S. importers heading into their crucial fall selling season. Some shipping officials familiar with the talks hope a tentative agreement could be reached by June, ending a contentious period in port labor relations that prompted some of the country’s biggest retailers and manufacturers to shift goods away from the region to avoid possible disruptions.

☆ Bankrupt Bed Bath & Beyond Seeks Millions From Ocean Carriers
▼ + stars: | 2023-05-02 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The Orient Overseas Container Line’s Hong Kong container ship sits anchored dockside in Felixstowe, U.K. Photo: Chris Ratcliffe/Bloomberg NewsBankrupt retailer Bed Bath & Beyond is seeking tens of millions of dollars from container shipping lines, claiming the carriers willfully abandoned service commitments at the height of supply-chain turbulence to reap enormous profits from the market turmoil. The home-goods retailer says in a complaint filed with U.S. maritime regulators that Hong Kong-based Orient Overseas Container Line pursued “brazen price gouging and profiteering” that cost Bed Bath & Beyond $31.7 million in extra freight charges, along with additional costs and lost profits.

☆ Ocean Container Lines Push a Rebound in Trans-Pacific Shipping Prices
▼ + stars: | 2023-04-28 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The rate is still below the average price a year ago, but suggests a decline in pricing starting mid-2022 may have bottomed out. Photo: t.David Paul Morris/Bloomberg NewsThe cost of shipping goods by ocean from Asia to the U.S. is turning upward as container lines try to reverse a monthslong slide in rates ahead of the busy importing season. The average spot market price to ship a 40-foot container from Asia to the U.S. West Coast jumped 34%, or $425, over the past two weeks to $1,659, according to Norway-based transport data firm Xeneta.

☆ Nearshoring Shift Brings Production Hurdles Closer to Home
▼ + stars: | 2023-04-24 | by ( Paul Berger | Photographs Luis Antonio Rojas For The Wall Street Journal | ) www.wsj.com time to read: 1 min

Even before the Covid-19 pandemic sparked a global shortage of shipping containers and a surge in ocean shipping costs in 2020, automotive-parts supplier Premium Guard Inc. was concerned about souring U.S.-China relations and had been working on bringing some production closer to home. So when the New York-based company completed the purchase of its first factory in Mexico in late 2020, it proved to be a fortuitous solution to the Covid-19-related disruptions that allowed Premium Guard to keep some of its crucial parts moving even as lengthy backups in international shipping brought many supply chains to their knees.

☆ West Coast Dockworkers Reach Tentative Deal on Port Automation
▼ + stars: | 2023-04-20 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

Computer-controlled cargo cranes lift containers from ships to zero-emission automated guide vehicles, remote-controlled electric movers at the Port of Long Beach, Calif. Photo: Damian Dovarganes/Associated PressWest Coast dockworkers reached a tentative agreement with employers on the use of automated machinery at cargo terminals, according to sources familiar with the negotiations, clearing one major hurdle in negotiations on a new contract covering workers at some of the country’s biggest seaports. The International Longshore and Warehouse Union, which represents more than 22,000 dockworkers at ports from Southern California to Washington state, said Thursday it has reached agreement with employers “on certain key issues.”

☆ Port Labor Disputes Raise New Fears Over U.S. Import Disruptions
▼ + stars: | 2023-04-18 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

The Port of Long Beach, Calif. Some dockworkers failed to show up for shifts at the complex on April 6 and into the next day. Flaring labor tensions at West Coast ports are sparking fears of growing work stoppages that would hobble the flow of goods through some of the country’s biggest trade gateways as importers prepare for the year’s busiest shipping season. Jonathan Gold , vice president for supply chain at the National Retail Federation, said importers are increasingly concerned about a series of targeted labor actions that have disrupted major ports while contract talks between employers and dockworkers approach the one-year mark with little sign of progress.

In the world of railroading, keeping the trains moving is paramount, and Norfolk Southern Corp. has little tolerance for late departures. Supervisors can be penalized for trains that are ready to leave but instead sit in rail yards, according to current and former employees of the Atlanta-based railroad. Train inspection time frames are tight. Employees who seek more-stringent reviews of rail equipment or slow down transport can face discipline.

☆ Retailers Reaping Big Savings on Ocean Transport Costs
▼ + stars: | 2023-03-25 | by ( Paul Berger | ) www.wsj.com time to read: 1 min

Ocean carriers are struggling to fill space on ships after a steep drop-off in cargo that began in the fall. Retailers are gaining huge savings on ocean container transport as once sky-high shipping prices tumble toward prepandemic levels and companies delay signing annual contracts so they can bargain rates down even further. The average price for Asia-to-U.S. container trade has “fallen as dramatically as we’ve ever seen it fall,” said Jon Cargill , senior vice president and chief financial officer of Hobby Lobby Stores Inc.

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