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This Week in Logistics News (February 12 – 18)

Logistics Viewpoints

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500. By October, it was up to $6,000-$6,500 per FEU.

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This Week in Logistics News (June 11 – 17)

Logistics Viewpoints

This week, UPS unveiled a battery-powered, four-wheeled cycle to more efficiently haul cargo in some of the world’s most congested streets and to reduce its carbon footprint. UPS said a trial run is focused on New York City and in several cities in Europe. The company is trying to reach carbon neutrality by 2050.