Truck drivers have blocked the border of Colorado with parked vehicles – an apparent wildcat strike following the sentencing of their colleague Rogel Aguilera-Mederos, a 26-year-old Cuban immigrant, to 110 years in prison.
He was charged with four counts of …

MARKETWATCH reports:
U.S. stock-index futures fell Sunday night, following a losing week on Wall Street amid worries about politics, Fed policy and the fast-spreading omicron variant of COVID-19.
Dow Jones Industrial Average futures YM00, -1.22% slid about 500 points, or …

Opinion by Vincent Clerc for CNN Business Perspectives
Updated 1751 GMT (0151 HKT) December 16, 2021
CNN Editors’ note: Vincent Clerc is CEO of A.P. Moller-Maersk Ocean & Logistics. The opinions expressed in this commentary are his own.

Almost everything …

Intra-Asia freight rates from China are soaring as forwarders discover “it’s not just Maersk” giving them the cold shoulder.
One forwarder in Shanghai told The Loadstar that 90% of container vessels departing China’s ports were delayed – bottlenecks in destination …

With capacity remaining extremely tight ahead of Chinese New Year, shippers are bracing for a further wave of rate increases on container trades out of Asia.
The spot rate indices this week were virtually unchanged – the Freightos Baltic Index …

HMM has introduced a new loop, linking India to key ports in East Asia and Latin America, as major tradelanes see a rebound in containerised cargo movements amid pandemic-induced demand swings.
The South Korean carrier plans to phase-in eight to …

Truckers claim they are not to blame for “any pending disaster” at UK borders as the grace period for customs declarations comes to an end with the year.
From 1 January, importers will have to submit full declarations and pay …