Continued rise in demand for air cargo transportation will result in an 80 percent larger global freighter fleet in 2041, according to Boeing, in a market outlook marginally more bullish on air cargo than a year ago and compared to rival Airbus' new prediction. The more optimistic analysis explains why...
Hundreds of truckers protest AB5 by blocking terminal access in Oakland.
OAKLAND, California — Following a shaky start on Monday morning, an estimated 400 owner-operators successfully shut down truck traffic at all three terminals at the Port of Oakland to protest California's contentious independent contractor law, AB5. By Monday afternoon, the SSA, TraPac, and Everport terminals had indicated that there would...
Feds give shippers additional power to fight ocean carrier prices
According to a U.S. exporter group, new guidelines given by federal regulators aimed at combating exorbitant ocean carrier prices are light on detail but heavy on historical significance. The advisory puts into effect elements of the Ocean Shipping Reform Act of 2022 (OSRA), which was signed into law last month,...