[FFW News] Union Pacific's safety record disputed

Welcome back to Freight Weekly

We hope you had a great Labor Day and are ready for Q4! Now the news…

TODAY ON THE LOAD BOARD shippers need quotes for:...

🚢Long Beach, CA, USA to Tauranga, New Zealand: 2 boats and 2 jet skis Weight 5,000 lbs

🚢New Jersey, USA to Rotterdam, Netherlands: 10 Standard size pallets

🚢Long Beach, CA, USA to Dakar, Senegal: Shipping a 40ft container

Can you service these quotes? See the details on the FFS Load Board here.

📈 BY THE NUMBERS: Important numbers impacting freight and logistics

⛽ Diesel: $4.540 gal (⬆️from $4.492 last week) - Source: EIA

✈️ Air Cargo Index (July ‘23): 167.6 (⚖️ from $167.6 in June ‘23) - Source: FRED

🚢 Global Container Index: $1,455.01 - Source: Freightos

Logistics News for Sept. 13, 2023

🛤️Union Pacific subject to regulatory scrutiny over safety record

The Federal Railroad Administration sent a letter to Union Pacific, the nation’s largest rail freight carrier, slamming the company for its safety record. Amit Bose, the head of the administration, sent the letter after it conducted an inspection at a rail yard in Nebraska. Union Pacific has responded since. Read more here…

⚓Panama Canal Authority warns of transit interruptions again

Panama Canal Authority announced again that transit interruptions will continue to persist for the duration of the local drought. A suspension of special slots for super-sized vessels was additionally announced by the authority amid ongoing congestion on the canal due to drought conditions and climate change. More…

🚧Kansas Turnpike Authority to enable cashless tolling in 2024

The Kansas Turnpike Authority announced that they’re adopting cashless tolling starting in 2024. Such an undertaking is a major development to the turnpike’s dated cash system extending back to the 1950s. By adopting cashless tolling, the flow of traffic is expected to ease between Kansas City and Oklahoma. More…

📦WTO warns of further global trade fragmentation into allied blocs

The World Trade Organization warned that international trade relationships will continue to fragment into allied, regional blocs. Much of this can be seen with the alignment of countries like Russia, China, and other BRICS members. China and U.S. trade relations continue to sour as North American companies opt for nearshoring and farshoring to countries that are friendlier to U.S. firms. Read…

🍎Homework time…read these stories if you want🍎

• “Indonesia Lifts Live Cattle Trade Restrictions on Exports from Australia” - Maritime Logistics Professional

• “Lula urges meeting of EU-Mercosur leaders over trade deal fate” - Buenos Aires Times

• “Pillen and trade group head to Tokyo on weeklong South Korea-Japan mission” - Nebraska Examiner and States Newsroom

• “Indian companies should step up trade with African countries: Piyush Goyal” - Times of India

Compiled by Michael McGrady – news analyst and writer.

Do you have a tip? Feedback? Email him – [email protected]