Skip to content
Search AI Powered

Latest Stories

Retail groups applaud U.S. House passage of maritime shipping reform act

Legislation regulating carriers now heads to Senate for further debate

RILA Screenshot 2024-03-22 at 2.53.24 PM.png

Retail groups this week are applauding a U.S. House of Representatives vote to pass an act that would increase transparency in ocean shipping capacity and prices, sending the legislation to the U.S. Senate for further consideration.

The bipartisan “Ocean Shipping Reform Implementation Act” would ensure fair access to ocean shipping capacity, provide protection from unreasonable fees and retaliatory measures, increase transparency by establishing metrics, bolster the Federal Maritime Commission’s (FMC) oversight responsibilities, and establish a supply chain information data standard.


According to its sponsors, the bill’s measures would also help to improve another recent attempt to address the issues, the Ocean Shipping Reform Act of 2022.

Following passage of the act in the House, the Retail Industry Leaders Association (RILA) welcomed its progress and encouraged the Senate to follow suit. “Retailers rely on global maritime shipping to deliver products for American consumers every day,” RILA Director of Supply Chain Policy Sarah Gilmore said in a release. “Though apt at navigating myriad supply chain challenges, retailers welcome the Ocean Shipping Reform Implementation Act to address long-standing issues in the ocean shipping industry, untangle supply chain congestion, and remove barriers to the movement of goods.”

Likewise, the Consumer Brands Association (CBA) applauded the move. “The importance of supply chain competitiveness, shipping performance and global trade flows has never been clearer to the U.S. consumer,” CBA Vice President of Campaigns & Special Projects Tom Madrecki said in a release. “The Consumer Brands Association applauds Reps. Johnson and Garamendi for their leadership to ensure that the federal government has the right policy and regulatory tools to protect American shippers and ensure that our supply chains function as intended. Stronger supply chains and maritime shipping links are critical to consumers’ quality of life and the growth of the U.S economy.”


 

 

 

The Latest

More Stories

DHL graphic on online shopping marketplaces

DHL report shows seven factors about American online shoppers

Online merchants should consider seven key factors about American consumers in order to optimize their sales and operations this holiday season, according to a report from DHL eCommerce.

First, many of the most powerful sales platforms are marketplaces. With nearly universal appeal, 99% of U.S. shoppers buy from marketplaces, ranked in popularity from Amazon (92%) to Walmart (68%), eBay (47%), Temu (32%), Etsy (28%), and Shein (21%).

Keep ReadingShow less

Featured

schneider app screenshot for owner operators

Schneider seeks more business with owner-operators

Transportation and logistics service provider Schneider National Inc. is reaching out to owner-operators, encouraging them to do more business with the Wisconsin company using an updated digital platform.

Schneider says its FreightPower platform now offers owner-operators significantly more access to Schneider’s range of freight options. That can help drivers to generate revenue and strengthen their business through: increased access to freight, high drop and hook rates of over 95% of loads, and a trip planning feature that calculates road miles.

Keep ReadingShow less
Logistics economy grew in October

Logistics Managers' Index

Logistics economy grew in October

Economic activity in the logistics industry continued its expansion streak in October, growing for the 11th straight month and reaching its highest level in two years, according to the most recent Logistics Managers’ Index report (LMI), released this week.

The LMI registered 58.9, up from 58.6 in September, and continued a run of moderate growth that began late in 2023. The LMI is a monthly measure of business activity across warehousing and transportation markets. A reading above 50 indicates expansion, and a reading below 50 indicates contraction.

Keep ReadingShow less
port of vancouver

West coast dockworker strike could dent Canadian economy

The port worker strike that began yesterday on Canada’s west coast could cost that country $765 million a day in lost trade, according to the ALPS Marine analysis by Russell Group, a British data and analytics company.

Specifically, the labor strike at the ports of Vancouver, Prince Rupert, and Fraser-Surrey will hurt the commodities of furniture, metal products, meat products, aluminum, and clothing. But since the strike action is focused on stopping containers and general cargo, it will not slow operations in grain vessels or cruise ships, the firm said.

Keep ReadingShow less
trucks used by jillamy 3PL

Texas 3PL Mode Global acquires Jillamy’s freight brokerage arm

The Texas third-party logistics firm (3PL) Mode Global has acquired the freight brokerage business of supply chain service provider Jillamy, saying on Monday that the deal advances its strategy of expanding its national footprint.

Terms of the acquisition were not disclosed, but Mode Global said it will now assume Jillamy's comprehensive logistics and freight management solutions, while Jillamy's warehousing, packaging and fulfillment services remain unchanged. Under the agreement, Mode Global will gain more than 200 employees and add facilities in Pennsylvania, Arizona, Florida, Texas, Illinois, South Carolina, Maryland, and Ontario to its existing national footprint.

Keep ReadingShow less