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Logistics: Page 214
FedEx Raising Customs Fees and Shipping Rates
FedEx shipping rates are expected to grow by an average of 5.9% for U.S. domestic, export and import services.
U.S. Now Restricting Nvidia A.I. Chip Exports to the Middle East
Nvidia said that the restrictions affected its A100 and H100 chips, which are used to improve machine-learning tasks on artificial intelligence applications like ChatGPT.
Hapag-Lloyd Left Out of Second Round of Bidding for HMM
Hapag-Lloyd, the only foreign company involved in HMM's bidding, was ruled out of the privatization process by creditor banks Korea Development Bank and Korea Ocean Business Co.
HD KSOE Delivers LNG Tanker with an AI Engineer
The AI engineer is equipped with two engine automation systems that operate in real-time to diagnose the condition of important ship equipment and detect potential emergencies.
Bottoming Out: Freight Rate Rebound Poses Risk for Shippers
While they still have some operating leverage, shippers should start preparing for the market turn.
MSC Signs Second Vessel-Sharing Agreement with ZIM
The agreement will involve five vessels of 6,700 TEUs each, with MSC managing three of the ships.
Over 40% of Safety Professionals in the Transportation Sector Are Now Women
Almost 30% of the companies that participated in the study (29.1%) said that 20% to 49% of their safety positions were held by women in 2023.
Watch: How Can Delivery Drivers Thrive While Remaining Independent?
Peter Schlactus, co-founder and executive director of the Association for Delivery Drivers, explains how independent delivery drivers can retain their status, yet still have access to critical services such as training, certification and insurance.
Sugar Heads Toward Two-Month High on Concern Over Indian Exports
India has recently ramped up restrictions on rice exports as the nation tackles rising food costs before an election in 2024, prompting speculation about which commodity might be next.
The Ripple Effect of Yellow’s Demise on the Supply Chain Industry
The financial collapse of Yellow, the third-largest less-than-truckload carrier in the U.S., will incur some challenges in the transportation world that people might not have considered.
Saudi Arabia Planning to Build 59 Logistics Centers by 2030
The Master Logistics Center Plan details the construction of 59 centers across the Kingdom that have a total area exceeding 1.07 billion square feet.
China Remains Embedded in U.S. Supply Chains: Jackson Hole Paper
U.S. government policies including tariffs were aimed at decoupling the American and Chinese economies. But Chinese firms appear to be finding ways to mitigate the impact.
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