Weak Asian imports impact HHLA results, but Hamburg sees 'green shoots'
Weak Asian import container volumes into Hamburg caused further declines in the performance of its ...
This article claims that some 36% of independent freight brokers in the US have left the market since a new provision was slipped into the federal transportation bill last year. The provision increases the surety bonds that freight brokers and forwarders must pay, from $10,000 to $75,000 – a significant challenge for smaller businesses. The Association of Independent Property Brokers and Agents has filed a lawsuit, hoping for the provision to be blocked.
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Interest in sea-air services on the rise, with new tech on the way to help
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Comment on this article
Michael Kusuplos
March 31, 2014 at 3:42 pmVery little is mentioned of the increased protection that this change affords to those that own the cargo and pay the bill.