FMC Seeks Congressional Aid for US Port Crisis Amid Pandemic

FMC Seeks Congressional Aid for US Port Crisis Amid Pandemic

The U.S. Federal Maritime Commission (FMC) is urging Congress to address the impact of the COVID-19 pandemic on maritime terminals. The FMC recommends providing financial assistance, adjusting lease terms, and increasing infrastructure investments to ensure the security and competitiveness of the U.S. economy. Maritime terminals are vital to the U.S. economic lifeline, and their stable operation is of paramount importance. These measures aim to mitigate the pandemic's disruptions and safeguard the crucial role these terminals play in the nation's supply chain.

02/05/2026 Logistics
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Major Shipping Firms Explore Tech Partnerships to Ease Industry Distrust

Major Shipping Firms Explore Tech Partnerships to Ease Industry Distrust

Major shippers and leading shipping companies are committing to improve business relationships through technological collaboration, drawing industry attention. The success hinges on overcoming a crisis of trust and genuinely embracing digital transformation; otherwise, they risk reverting to traditional competitive models. The future direction remains to be seen. This collaboration aims to leverage technology to enhance efficiency, transparency, and communication within the shipping process. The commitment represents a significant shift towards a more integrated and data-driven approach to logistics and supply chain management. The industry is watching closely to see if this initiative will pave the way for a new era of shipping partnerships.

02/04/2026 Logistics Industry Insights
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Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

Port Congestion Crisis: Deep Impact on Shipping and Freight Forwarding Industry

The severe congestion at Chittagong Port has led to vessel waiting times extending up to 10 days, causing significant overload in the yard. Shipping companies and the freight forwarding industry are suffering massive economic losses, resulting in diminished customer trust and increased operational costs. Freight forwarding enterprises are under pressure, shipping efficiency is declining, and the entire industry urgently needs to optimize its logistics network to tackle these challenges.

06/19/2025 Logistics
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Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines Faces Shutdown Crisis Following Suspension Of Funding From Khazanah

Malaysia Airlines faces a shutdown crisis, with Khazanah Nasional possibly halting further investments. If negotiations with creditors for restructuring fail, the airline may face bankruptcy by year-end due to the impact of the pandemic. The government is likely to stop funding and redirect resources to budget carrier Firefly. The future looks bleak, and the industry is closely watching whether Malaysia Airlines can turn the situation around.

07/28/2025 Airlines
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Los Angeles Port Expands to 247 Operations Amid Supply Chain Crisis

Los Angeles Port Expands to 247 Operations Amid Supply Chain Crisis

The ports of Los Angeles and Long Beach are attempting 24/7 operations to alleviate cargo congestion, but face challenges including labor shortages, infrastructure limitations, and coordination issues. This article delves into the root causes of port congestion, its economic impact, and proposes recommendations for enhancing supply chain resilience. It emphasizes the importance of diversifying sourcing, localizing production, and undergoing digital transformation to mitigate future disruptions and improve overall supply chain efficiency.

01/19/2026 Logistics
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