March 8, 2022

Diesel sees highest price, biggest increase in history of DOE/EIA benchmark

Source: Freight WavesMarch 7, 2022 Waiting for more oil? OPEC’s secretary-general shows no sign the group will add supply HOUSTON — The benchmark diesel price that […]
March 8, 2022

How invasion of Ukraine could ease shipping logjam off US ports

Source: Lloyds ListMarch 8, 2022 BIMCO: War will hurt demand for container ships, bulkers and tankers The traditional wisdom is that geopolitical chaos is good for […]
March 8, 2022

Empty container avalanche predicted to cause chaos later this year

Source: Splash247February 21, 2022 When global supply chains snap back to some form of normality – widely tipped to be in the second half of the […]
March 8, 2022

Expeditors International Shuts Down Computer Systems After Cyberattack

Source: The Wall Street JournalFebruary 22, 2022 The logistics giant hasn’t said when it will fully restore operations. Seattle-based logistics giant Expeditors International of Washington Inc. […]
March 8, 2022

Supply chain whack-a-mole: West Coast eases, East Coast worsens

Source: American ShipperFebruary 23, 2022 LA/LB relief could be temporary, while Charleston queue tops 30 ships The good news on U.S. port congestion: The number of […]
March 8, 2022

Large, Late Merchandise Orders Are Raising Companies’ Inventory Costs

Source: The Wall Street JournalFebruary 24, 2022 Transit delays are stranding billions of dollars in goods in congested supply chains, leaving companies in a cash crunch […]
February 28, 2022

Shipping scrambles to react to ‘nightmare scenario’

Source: Lloyd’s List February 22, 2022 The shipping industry is scrambling to work out how to respond to Russia’s invasion of Ukraine, with the Sea of […]
July 22, 2021

MSNBC – Terry Bradshaw’s Pick of the Week

FMI offers a full management service to companies of medium and large size. If you are looking for freight bill audit, logistics management, TMS or consulting […]
October 5, 2020

Truck Orders Up Substantially as Economy Continues to Grow

Net orders for the Class 8 trucks that keep the economy in motion were “phenomenal” in October, FTR Associates reports, nearly breaking an all-time record. The […]