The White House released a video showing President Joe Biden on the phone with shops who were complaining about the high cost of ocean shipping before his planned speech at the Port of Los Angeles on Friday. "One of the major causes for price increases is the cost of shipping...
Redwood Logistics will assist customers in calculating emissions and purchasing carbon offsets.
Later this year, Redwood Logistics intends to provide its customers with emissions tracking technologies as well as the possibility to acquire verified carbon offsets. The Chicago-based company announced on Wednesday that its Redwood Hyperion platform will automate thorough load-by-load emissions calculations using data from its logistics platform as a service...
To settle the detention and demurrage case, Hapag-Lloyd will pay $2 million.
Hapag-Lloyd said it was "pleased" with a deal agreed with the Federal Maritime Commission to pay the US government a $2 million civil penalty to address alleged Shipping Act violations connected to its detention and demurrage policies. The FMC's Bureau of Enforcement (BOE) and Hapag-Lloyd reached an agreement in mid-May...