News

CMA CGM to invest $20B in US shipping, supply chain capabilities

France-based container shipping and logistic giant CMA CGM Group on Thursday announced it will invest $20 billion over four years in its U.S.-flag fleet, port terminals, an air cargo airline based in Chicago and warehouses in an apparent effort to align with President Donald Trump’s stated goal of bringing more industrial activity to America.

“I am proud to build on our long-standing relationship with the United States through this commitment of $20 billion to the country’s maritime future and...

https://www.freightwaves.com/news/cma-cgm-to-invest-20b-in-us-shipping-supply-chain-capabilities

American P&I Club – Member Alert (March 06, 2025)

MARCH 06, 2025
GOOD CATCH UPDATE: THE COMBUSTIBLE ZONE! ANIMATED IMAGES
Combustible materials, open fire doors, small fuel and oil leaks can quickly become fire hazards, creating risk to crew members and their vessels. Make a Good Catch by utilizing good engineering practices to identify hazards beforehand and eliminating potential fire sources. 

In this context, your Managers are pleased to present the latest instalment of the Club’s Good Catch initiative:

The Combustible Zone! anima...

https://allaboutshipping.co.uk/2025/03/06/american-pi-club-member-alert-march-06-2025/

Watco acquires Michigan railroad

Shortline holding company Watco is adding another railroad to its stable: Great Lakes Central, the operator of 420 miles of state-owned trackage in Michigan.

Watco already knows the railroad well. It has been an equity investor in the GLC since 2013.

“The Great Lakes Central Railroad has been a vital part of Michigan’s transportation network and both my father, Louis P. Ferris, Jr., and I have been deeply passionate about its role in connecting industries and communities,” GLC Chief Executive...

https://www.freightwaves.com/news/watco-acquires-michigan-railroad

New York City wants wider use of WIM technology to fight overweight trucks 

New York City is declaring again that it has made significant progress keeping overweight trucks off a key highway using a weigh-in-wotion (WIM) system. Now it wants to expand the use of the technology to other parts of the state that handle heavy truck traffic.

The WIM technology is on the unique cantilevered section of the Brooklyn Queens Expressway, designated Interstate 278, that runs between south Brooklyn and north into Queens. The cantilever is a three-tiered structure that moves...

https://www.freightwaves.com/news/new-york-city-wants-wider-use-of-wim-technology-to-fight-overweight-trucks

Tariffs and trade wars add risks to trucking outlook

Tariffs and trade wars add risks to trucking outlook
(Photo: Jim Allen/FreightWaves)

The trade wars began on Tuesday when President Donald Trump hit imports from Canada and Mexico with 25% tariffs. By Wednesday, the Trump administration had carved out a 30-day exemption for tariffs on automakers to give them time to shift their supply chains to the U.S. On Thursday, Trump moderated the impact again, with Reuters reporting Mexico won’t be required to pay tariffs on any goods that fall under the...

https://www.freightwaves.com/news/tariffs-and-trade-wars-add-risks-to-trucking-outlook

Trump pauses tariffs on all imports from Mexico for 1 month

The Trump administration is delaying 25% tariffs on goods from Mexico until April 2, the White House said Thursday.

The decision to pause the duties on imports from Mexico came after the president had a positive meeting with Mexican President Claudia Sheinbaum.

“After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement,” President Donald Trump wrote on a Truth Social post, using the...

https://www.freightwaves.com/news/trump-pauses-tariffs-on-all-imports-from-mexico-for-1-month

House, Senate reintroduce trucker overtime pay bill

WASHINGTON — Legislation that would give truck drivers the right to overtime pay was reintroduced in both the House and Senate on Thursday.

The Guaranteeing Overtime for Truckers Act would eliminate an exemption in the Fair Labor Standards Act (FLSA) of 1938 that gives employers the right to exempt their drivers from overtime compensation – meaning they’re excluded from guaranteed time-and-a-half pay if they work more than 40 hours a week due to traffic congestion, weather or delays at loading...

https://www.freightwaves.com/news/house-senate-reintroduce-trucker-overtime-pay-bill

AAM delivers cutting edge Cal Poly Humboldt research vessel North Wind

R/V North Wind

After a 550 mile delivery from All American Marine’s Bellingham Bay, Wash., shipyard, the 78 x 26.7 foot research vessel R/V North Wind has arrived in Humboldt Bay where it will serve Cal Poly Humboldt as a state-of-the-art scientific exploration platform and support faculty research along the Northern California and Oregon coasts.

“This vessel is the centerpiece of our academic fleet and will support marine research and teaching efforts for decades to come,” said Eric Riggs, Dean of the College...

https://www.marinelog.com/inland-coastal/coastal/aam-delivers-cutting-edge-cal-poly-humboldt-research-vessel-north-wind/

Shoppers fearful of crime at retail locations

A recent nationwide survey by Flock Safety and Zencity reveals a significant shift in consumer behavior due to escalating concerns over organized retail crime. Approximately one-third of consumers see crime at retail locations as a serious issue, prompting many to alter their shopping habits.

The survey highlights that 58% of shoppers now prefer online shopping to avoid potential in-store crime incidents. Furthermore, among those who have witnessed retail crime firsthand, 63% are more inclined...

https://www.freightwaves.com/news/shoppers-fearful-of-crime-at-retail-locations

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