Russian ocean ships are already having problems reaching markets as industry and labor use unofficial embargoes to circumvent official government sanctions. The International Longshore and Warehouse Union, which represents roughly 20,000 dockworkers on the West Coast, announced last week that it will not load or unload any Russian cargo imports...
Cargo theft down 26% in the US during the fourth quarter
Cargo theft decreased by 26% in the United States during the fourth quarter. During the fourth quarter of 2021, California, Texas, and Florida were the most targeted states for cargo theft, with thieves focusing on electronics, home appliances, and medications. CargoNet, a Verisk firm that records supply chain thefts, recorded...
Norfolk Southern assists in the rescue of cavers discovered in a rail tunnel near Chattanooga
A Norfolk Southern spokesperson said Saturday that it's uncertain whether two cavers who were rescued early Wednesday in a cave on private railroad property near the base of Lookout Mountain in Chattanooga, Tennessee, will face trespassing charges. Norfolk Southern (NYSE: NSC) suspended train traffic for 12 hours to assist in...