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1 week ago | 
freightwaves.com | Steve Barrett
Railroads and retailers are praising a bipartisan bill in Congress that aims to reduce cargo theft. The Combating Organized Retail Crime Act (CORCA), introduced Thursday by Sen. Chuck Grassley, R-Iowa, and co-sponsored by nine Republican and five Democratic senators, would create a coordinated federal response to a rising wave of sophisticated cargo thefts, many of which target consumer goods in containers carried on double-stack trains.
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1 week ago | 
yahoo.com | Steve Barrett
Railroads and retailers are praising a bipartisan bill in Congress that aims to reduce cargo theft. The Combating Organized Retail Crime Act (CORCA), introduced Thursday by Sen. Chuck Grassley, R-Iowa, and co-sponsored by nine Republican and five Democratic senators, would create a coordinated federal response to a rising wave of sophisticated cargo thefts, many of which target consumer goods in containers carried on double-stack trains.
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2 weeks ago | 
freightwaves.com | Noi Mahoney |Steve Barrett |Stuart Chirls |Caleb Revill
President Donald Trump’s wide ranging “reciprocal” tariff policy went into effect at 12:01 a.m. on Wednesday, including 104% duties on goods from China, as well as various levies on imports from about 90 other U.S. trading partners. Officials in China on Wednesday announced retaliatory duties on U.S. imports to 84%, up from 34%, starting on […]
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2 weeks ago | 
freightwaves.com | Steve Barrett
The packaging industry doesn’t make a lot of the products you buy. It makes a lot of the products you buy deliverable. And that takes materials – lots of materials: paperboard, plastic, steel and aluminum, to name a few.
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2 weeks ago | 
freightwaves.com | John Gallagher |Noi Mahoney |Steve Barrett |Caleb Revill
John Gallagher Wednesday, April 9, 2025 Lawmakers grill US trade official on tariffs’ impact on auto supply chains U.S. Trade Representative Jamieson Greer told House lawmakers that the United States-Mexico-Canada Agreement will alleviate potential supply chain disruptions in the auto industry.
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2 weeks ago | 
freightwaves.com | Steve Barrett |Eric Kulisch |John Gallagher |Stuart Chirls
It’s not that companies can’t operate without China, it’s just that for now, said companies will not grow as fast as they could with it, and will likely do so with lower margins. In a retail world constantly balancing sales and profit, avoiding China is giving up both for many Western brands.
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2 weeks ago | 
freightwaves.com | Steve Barrett
The comptroller of Panama said on Monday that the country will file criminal complaints against officials at CK Hutchison Holdings, the Hong Kong conglomerate that runs ports on each end of the Panama Canal, as well as Panamanian government officials, after determining that CK Hutchison’s contract heavily disadvantages Panama, the Financial Times reported.
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2 weeks ago | 
freightwaves.com | Steve Barrett
Iowa-based carrier CRST Expedited Inc. has agreed to pay $100,000 and take corrective actions to settle claims that it unlawfully rescinded a job offer based on the applicant’s criminal history, according to the California Civil Rights Department. California’s Fair Chance Act requires employers to show a direct relationship between the duties of a job and an arrest or conviction before rejecting an otherwise qualified candidate, the department said in a news release on Thursday.
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3 weeks ago | 
freightwaves.com | Steve Barrett
The operators of a tanker contracted by the U.S. military that was struck by a Portuguese-flagged container ship off England’s coast filed suit Monday in a London court, according to Reuters. Crowley-Stena Marine Solutions and Stena Bulk Marine Services (USA) are suing MS Solong Schiffahrtsgesellschaft M&Co. KG, a subsidiary of the owner of the container ship Solong, shipping company Ernst Russ.
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1 month ago | 
freightwaves.com | Steve Barrett
FreightWaves on Tuesday was named a finalist in the 71st annual Jesse H. Neal Awards for its extensive reporting on how supply chain issues impacted the 2024 presidential election. The Best Coverage of the 2024 Election category “recognizes excellence in analysis and news as it happens and as it developed over time,” states the website for the Neals, the oldest and most prestigious competition in business-to-business journalism. The full list of finalists is here.
