Racetrac Invests 9M in Louisiana Hub for Expansion

Racetrac Invests 9M in Louisiana Hub for Expansion

RaceTrac is investing $9 million in a new distribution center in Louisiana to optimize its supply chain, improve operational efficiency, and support market expansion in the region. This initiative will create jobs and enhance service quality through technology, solidifying RaceTrac's market position in the state. This investment demonstrates RaceTrac's commitment to deepening its market presence and pursuing continued expansion.

01/06/2026 Logistics
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Maritime Industry Grapples With Rising Demurrage Costs

Maritime Industry Grapples With Rising Demurrage Costs

This article analyzes the meaning of "On Demurrage" in voyage charters and its relationship with demurrage charges. Demurrage fees are costs incurred by the charterer for exceeding the loading and unloading period specified in the contract, usually calculated on a daily basis. The contract outlines the conditions for entering a state of demurrage, which varies in terminology across different countries. Additionally, it explores the distinctions between demurrage in voyage charters and container transport.

Logistics Sector Struggles with Severe Labor Shortage Study Finds

Logistics Sector Struggles with Severe Labor Shortage Study Finds

The 33rd Annual State of Logistics Report reveals that a human capital crisis is threatening the logistics industry's operations and competitiveness. The report explores how companies can win the talent war and overcome development bottlenecks by optimizing talent strategies, enhancing employee skills, and embracing automation. It highlights the critical need for proactive measures to attract, retain, and develop a skilled workforce to ensure future success in the face of evolving industry demands and technological advancements.