Latest News of CARG
US port strike ends leaving cargo backlog
By Yahoo! Finance |
1 day ago
After a wage deal was reached between dockworkers and port operators, U.S. East Coast and Gulf Coast ports began reopening to clear a cargo backlog caused by the industry's biggest work stoppage in ne...
Another Polar Air Cargo executive gets time behind bars for fraud
By Yahoo! Finance |
3 days ago
Abilash Kurien, former Polar Air Cargo VP, was sentenced to 2 years and 8 months in prison for a $32 million fraud scheme. Alongside other executives, he accepted kickbacks leading to guilty pleas and...
Port strike called at East and Gulf Coast cargo facilities as dockworkers walk off the job
By CBS News |
4 days ago
Dockworkers from New England to Texas strike for higher pay and job security. The first East and Gulf Coast ports strike since 1977 follows failed labor talks between ILA and USMX, impacting 14 ports....
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Ports strike: Truckers, rails are scrambling to move billions in cargo before midnight shutdown
By CNBC | 5 days agoA potential strike at East and Gulf Coast ports threatens U.S. economy. Logistics companies rush to move out $2.7 billion worth of cargo before possible shutdown. Ports handle $13.67 billion of goods ...
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Former Polar Air Cargo executive sentenced to 6 months for fraud
By Yahoo! Finance | 1 week agoFormer Polar Air Cargo executive Carlton Llewellyn was sentenced to six months in prison for a $33 million fraud scheme. He pleaded guilty to wire fraud and agreed to repay the company. Other executiv...
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FBI agents have boarded vessel managed by company whose other cargo ship collapsed Baltimore bridge
By POLITICO | 2 weeks agoFederal authorities, including the FBI and U.S. Attorney's Office, boarded the Maersk Saltoro for law enforcement activity following a ship collision in March. The Justice Department is seeking over $...
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FBI agents have boarded vessel managed by company whose cargo ship collapsed Key Bridge
By CBS News | 2 weeks agoFederal agents have boarded a vessel linked to the company managing a cargo ship responsible for the Baltimore bridge collapse. The FBI and other agencies are conducting law enforcement activities on ...
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FBI agents have boarded vessel managed by Synergy Marine Group whose other cargo ship collapsed Baltimore bridge
By CNBC | 2 weeks agoFederal agents have boarded the Maersk Saltoro, managed by Synergy Marine Group, following the Baltimore bridge collapse caused by a cargo ship. The FBI and U.S. Attorney's Office are conducting law e...
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FBI agents have boarded vessel managed by company whose other cargo ship collapsed Baltimore bridge - National | Globalnews.ca
By Global News | 2 weeks agoAuthorities confirm FBI, EPA, and Coast Guard are conducting law enforcement activities aboard Maersk Saltoro in Baltimore. Lawsuit alleges negligence by ship's owner and manager, seeking over $100 mi...
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Families of workers killed and injured in Maryland bridge collapse sue owner and operator of cargo ship
By NBC News | 2 weeks agoFamilies of Maryland bridge collapse victims file wrongful death claims against cargo ship owner and operator. The ship, Dali, collided with the Francis Scott Key Bridge, causing deaths and extensive ...
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Port strikes could halve U.S. cargo
By Newsweek | 2 weeks agoUp to 45,000 East Coast and Gulf Coast dockworkers may strike on Oct. 1, impacting half of America's shipping cargo. The International Longshoremen's Union demands a 77% wage increase over six years a...
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Dali, the cargo ship that crashed into the Key Bridge, expected to head to China by Sept. 17
By CBS News | 3 weeks agoThe Dali container ship that collided with the Francis Scott Key Bridge is set to depart for China by Sept. 17 after undergoing inspections in Norfolk, Virginia. The U.S. Department of Justice is over...
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US Gulf Coast-bound fuel oil cargoes hit 5-yr low as refinery demand weakens
By Yahoo! Finance | 4 weeks agoFuel oil exports to the U.S. Gulf Coast hit a low in August 2021 due to weakened refinery demand and reduced margins. Refineries are not running secondary units at full capacity to process fuel oil, i...
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Complete Your Fall 'Fits with Amazon's Best Trousers, Jeans, and Cargo Pants -- All Under $40
By PEOPLE.com | 4 weeks agoUpgrade your wardrobe with the latest fall 2024 pant trends available on Amazon under $40. From wide-leg trousers to skinny jeans, faux leather, cargos, and khakis, there's a style for everyone....
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Egypt Seeks Rare LNG Cargoes for Winter, Squeezing Global Supply
By Yahoo! Finance | 4 weeks agoEgypt is seeking winter LNG cargoes after years, indicating a deepening energy crisis. The country's shift from exporter to importer raises competition, impacting global prices and Europe's market. De...