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Norfolk Southern reaches sick leave agreement with locomotive engineers

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Norfolk Southern and one of the largest unions, the Brotherhood of Locomotive Engineers and Trainmen (BLET), have reached an agreement over sick leave. The two also have a second quality-of-life agreement that will need to be ratified by members. By ratifying that agreement, the sick leave deal will also be ratified. The sick leave agreement…

Shipping boom hangover: When measuring markets gets tricky

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The double-digit declines keep piling up for container shipping. The Port of Long Beach said Friday that April imports fell 22% from the year before. Taiwanese carriers Evergreen and Yang Ming reported that first-quarter profits sank 95% and 94% year-on-year (y/y), respectively. South Korean ocean carrier HMM said Monday that its first-quarter net income declined…

Borderlands: Nearshoring draws more US logistics investment to Mexico

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Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Nearshoring draws more U.S. logistics investment to Mexico; Volkswagen issues temporary work stoppage at plant in Mexico; commercial auto supplier TitanX expands Mexican factory; and a truck driver in Texas dies in a collision with a…

Fighting double brokering starts with strong partnerships

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The logistics industry is plagued by several different types of fraud – from rate manipulation to straight-up cargo theft. The more volatile and opaque market conditions become, the more opportunities scammers have to take advantage of unsuspecting companies. This is especially true when it comes to double brokering.  Double brokering occurs when an actual carrier,…

Shipping company’s collision played key role in US-Chinese relations

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FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. FreightWaves explores the archives of American Shipper’s nearly 70-year-old collection of shipping and maritime publications to showcase interesting freight stories of long ago. In this edition, from the April 1980 issue of American Shipper, FreightWaves revisits a firsthand…

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