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Think Tank
Transportation & Distribution: Page 56
Yellow Corp. Manages to Temporarily Fend Off Teamsters Strike
The new agreement averted a strike that would have begun if Yellow had remained delinquent on payments to a fund that provides benefits for most of the company's workers.
India Bans Some Non-Basmati Rice Exports to Control Prices
The latest ruling by the South Asian nation, which has already imposed restrictions on wheat and sugar exports, would affect about 25% of total rice shipments from India.
Contract Negotiations Set to Resume Between UPS and Teamsters Next Week
UPS said that it is pleased to be continuing contract negotiations and that it's prepared to meet some of the union’s demands for better pay and more benefits.
Wheat Prices Continue to Rise Following Russia's Threats on Ukraine-Bound Ships
Wheat prices grew by 8.2% on the European stock exchange from July 18 to July 19 while U.S. wheat futures rose by 8.5%.
ILWU Canada Calls Off Strike Hours After Issuing Notice
The British Columbia Maritime Employers Association said the actions by both sides show that the negotiations remain unpredictable.
Egypt Plans to Resume LNG Exports this Fall, Minister Says
The country didn’t export a single LNG cargo during June and has dispatched only one shipment so far in July.
Streamlining the Bill of Lading With AI
Logistics companies are increasingly turning to software providers to innovate and create a digital experience in bill of lading management.
Teamsters Union Threatening Strike Against Yellow Corp.
The union said that a board overseeing the Teamsters' pension and welfare funds will suspend benefits starting July 23 unless Yellow Corp. makes the payments it missed July 15.
Five European Countries Agree to Extend Ukrainian Grain Ban
Slovakia, Hungary, Romania, Bulgaria and Poland will still let Ukrainian food exports move through their land to other parts of the world.
Maersk Breaks Ground on Atlanta-Based Air Cargo Hub
The new location offers direct planeside recovery, immediate unit load device (ULD) transfers to the facility and reduced processing fees.
Inflation is Inflicting Pain on Supply Chains. Here’s How to Ease It.
As inflation lingers, the tough times for the freight industry are likely to continue. But shippers and carriers have the power to combat rising costs.
Teamsters Head Asks White House to Not Interfere in Potential UPS Strike
During a July 16 webcast, Teamsters president Sean O’Brien said that he asked the White House to stay away on numerous occasions.
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