Tag: Economic Conditions
-
Freight Industry Alert: New Scam Targets U.S. Dispatchers
The U.S. freight industry is currently facing a new wave of sophisticated scams, with perpetrators seeking innovative methods to exploit the system. These scams have caused considerable financial distress across the industry, highlighting the urgent need for increased vigilance and enhanced security measures. Overview of the Scam The recent fraudulent activities involve coordinated attacks typically…
-
10 Ways Red Sea & Panama Canal Disruptions Impact Shippers
Key Highlights Introduction Shipping disruptions in the Red Sea, Black Sea, and Panama Canal have become a matter of concern for shippers around the world. With simultaneous disruptions occurring in two major global maritime trade waterways, the impact on shipping, supply chains, and global trade is significant. Since November 2023, escalating attacks on ships in…