Container traffic from China to North America set a monthly record in June as shippers looked to get ahead of supply chain disruptions closer to the holiday retail season. An eastbound total of 1.36 million twenty-foot equivalent units made June the eighth-highest month ever, behind only the all-time volumes seen amid the COVID-19 bottlenecks of late 2020 and 2021.

June sets record for China-US containers

2M Alliance members Maersk and MSC have reduced port calls in Europe on upcoming sailings to avoid congestion after ocean shipping demand from China to North Europe continued to break records in June. The Danish shipping giant advised customers yesterday: “In light of the current supply chain bottlenecks faced across...

China-to-N Europe Spot Rates Start to Fall as Record Peak Demand Eases

Family Handyman

Lumber prices impact much more than just the lumber industry. For homeowners, fluctuating lumber prices can alter budgets for home improvement projects, additions and new home construction plans. During the COVID-19 pandemic, many of my customers decided to hold off on planned projects to wait for lumber prices to fall. Some asked me to explain rising lumber costs to them, which proved to be a complex process.

Lumber Prices Explained: What DIYers Need to Know

Creditors to bankrupt Yellow Corp.’s estate said its advisers are “no closer to a chapter 11 plan” than they were two months ago when a Delaware bankruptcy court extended them another 90 days to plot a course to best liquidate the remaining assets. The official committee of unsecured creditors to the estate asserts that “these cases continue to languish in chapter 11” while professional fees mount.

Yellow’s unsecured creditors frustrated as professional fees mount

Florida State

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writer

L. Cane

Astute Floridians may already know that 2023 was a very difficult year for the trucking industry and 2024 is proving to be difficult for trucking in Florida. Specifically, according to Costa Systems, in 2023, 80,000 trucking companies shut down operations. And in Florida in July of 2024, three trucking companies filed for bankruptcy and one laid off dozens.

FL Trucking Hit Hard - Three Trucking Companies File For Bankruptcy & Another Lays Off In July 2024

Polk County, FL

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Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

Job satisfaction varies widely across sectors, the manufacturing industry stands out. Surveys from The Manufacturing Institute indicate that over 80% of manufacturing workers express satisfaction with their jobs, a notable contrast to broader workforce trends where many sectors report declining satisfaction in specific subcomponents​. This overall contentment is further emphasized by Deloitte’s findings, which highlight the benefits of positive workplace practices such as employee involvement in decision-making, robust training programs, and stringent health and safety measures​.

Why Manufacturing Workers Are Among the Happiest

With the proliferation of solar panels and wind turbines an unusual phenomenon is becoming more and more frequent: wholesale electricity prices turn negative. Prices turn negative on the spot wholesale electricity market when production is strong while demand is weak.

Renewables overproduction turns electricity prices negative

The US Sun

UPS customers will face two surcharges as the company grapples with a surge in volume. UPS CEO Carol Tomé said this year’s shorter holiday shipping window justifies the increase in costs. Since Thanksgiving falls on November 28, customers will face the most condensed holiday shipping season since 2019. “When you have that kind of volume […]

UPS doubles down on new price hike ahead of ‘peak season’ – and it means Americans will pay more during the holidays

Alabama State

Mississippi State

Reuters’ Leah Douglas reported Wednesday that “the U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more than 43,000 farmers, ranchers and forest landowners who experienced past discrimination in the agency’s farm lending programs.”. “The Inflation Reduction Act allocated $2.2...

USDA Providing $2 Billion In Discrimination Payments

The Independent

 The Biden administration has doled out more than $2 billion in direct payments for Black and other minority farmers discriminated against by the U.S. Department of Agriculture, the president announced Wednesday.More than 23,000 farmers were approved for payments ranging from $10,000 to $500,000, according to the USDA. Another 20,000 who planned to start a farm but did not receive a USDA loan received between $3,500 and $6,000. Most payments went to farmers in Mississippi and Alabama. USDA Secretary Tom Vilsack told reporters that the aid “is not compensation for anyone’s loss or the pain endured, but it is an...

Black and other minority farmers are getting $2 billion from USDA after years of discrimination

WASHINGTON — A former executive of a steel distributor in San Juan, Puerto Rico, pleaded guilty Wednesday to conspiring with competitors to fix prices for sales of reinforcing bar, or rebar. According to court documents filed in the U.S. District Court in San Juan, Juan Carlos Aponte Tolentino, of...

Former Steel Distributor Exec Pleads Guilty to Price-Fixing Conspiracy

Most people are guilty of doing it at least once in their lives, many people do it by accident, some do it because they find it fun, and others do it for reasons like honoring loved ones. Regardless of the situation, just about everyone has released a balloon. The difference is that intentionally releasing balloons is now illegal by House Bill 321’s standards.

Law Signed By DeSantis Makes It Illegal To Release Balloons In Florida

Texas State

California State

Houston, TX

 Chevron, the second-largest US oil company, plans to leave its historic headquarters in California and relocate to Texas over the next five years, citing increased regulations and state climate action.The company, whose corporate forerunners have been based in the state since 1879, will shift its headquarters to Houston, Texas.“We believe California has a number of policies that raise costs, that hurt consumers, that discourage investment and ultimately we think that’s not good for the economy in California and for consumers,” Chevron CEO Mike Wirth told The Wall Street Journal.In the last year, California passed a law putting limits on...

Second-largest oil company ditches California for Texas to avoid increased regulations

WASHINGTON – The U.S. Department of Agriculture (USDA) has announced loan interest rates for August 2024, which became effective Aug. 1, 2024. USDA Farm Service Agency (FSA) loans provide important access to capital to help farmers start or expand their farming operation, purchase equipment and storage structures or meet cash flow needs.

USDA Announces August 2024 Lending Rates for Agricultural Producers

Oklahoma State

As Jess Bray pulled up to a 21-acre farm nestled in an eastern Oklahoma valley, she instantly got a warm feeling. “This is the place,” she thought. After attempting to buy two other properties before being outbid by cash buyers, Bray and her husband Jon began to wonder whether their dream of owning and operating their own farm would become a reality.

As investors pay top-dollar for land, farmers are often priced out

Denver, CO

David Heitz

No, pallet shelters for people experiencing homelessness don’t fold into caskets. It’s a question a reader posed one of the first times I wrote about pallet shelters. I find the pallet shelters to be more palatable than ice fishing tents. The Colorado Village Collaborative operates both micro-communities and the so-called Safe Outdoor Spaces with the tents. We all learned the tents are not safe when a fire roared through a CVC Safe Outdoor Space, destroying the compound quickly. Officials never disclosed a cause of the fire.

Opinion: No, pallet shelters for homeless in Denver, Aurora don’t fold into caskets

TravelNoire

The U.S. Department of Agriculture (USDA) has reached a historic $2.2 billion settlement to compensate Black and other minority farmers who faced years of systemic discrimination in farm lending programs. This landmark agreement will address decades of unfair treatment. It will also provide financial assistance to those affected by discriminatory practices before January 2021.

USDA Announces $2 Billion Settlement For Black And Minority Farmers

Delaware State

Over the summer, two prominent FreightTech companies have quietly become entangled in a fight in a Delaware court about the meaning of the seven-figure, multiyear services agreement they signed in 2023 . Arizona-based MyCarrier, which provides transportation management, booking and quoting software for shippers using less-than-truckload services, and Chicago-based project44,...

Why MyCarrier and project44 are fighting in court

Kentucky State

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

NewsBreak

Report finds US container imports could approach monthly record

The threat of a strike by longshore workers at U.S. ports could swell import container traffic to “a near-record surge” as shippers look to get holiday...

Report finds US container imports could approach monthly record

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