Freight rates, in addition to other rates across several industries, have been fueled by the invasion of Ukraine by Russia, as well as a global uptick in demand in a post-Covid economy for diesel, gasoline, and jet fuel. Gas prices are coinciding with a profit boom for the owners of tankers that carry petroleum products. […]
The Covid-19 pandemic dragged infrastructure issues directly into the spotlight, one of them being the dire need for capacity expansion at ports; An issue that was exacerbated by equipment shortages, labor shortages, and various supply chain disruptions. The Georgia Ports Authority (GPA) has unveiled a plan to increase container capacity at the Port of Savannah […]
TLC’s Sales and Marketing Manager, Joe Hassenfratz, sits down with the host of The View from Jamestown Podcast, Ben Sawicki, to discuss the state of frieght over the past year and to discuss predictions for 2022.
Congressmen John Garamendi and Dusty Johnson introduced legislation on August 11th, 2021, in the House of Representatives that would reform the Shipping Act. Shippers and U.S. exporters, specifically, called for the legislation to be reviewed and updated to help protect them from fees and to help ensure capacity. Federal Maritime Commission Chairman Daniel Maffei, a […]
Congestion at America’s largest ports, the Port of Los Angeles and Port of Long Beach, has gone on for nearly a year now. Many of the supply chain challenges logistics are currently facing were already occurring prior to the pandemic, but have been exacerbated by higher cargo volumes. Congestion issues have led to delays for […]