News
How Congestion in the Panama Canal Could Affect U.S. Trucking
In today’s interconnected world, a minor disruption in one part of the supply chain can create havoc for the entire system. This delicate balance is currently under threat as the Panama Canal, a vital artery for global trade, faces severe congestion.
To combat a drought-induced drop in water levels at one of the canal’s locks, the Panama Canal Authority has imposed restrictions on the number of ships passing through.
This measure has inadvertently led to a backlog of ships either forced to wait or take a longer alternate route.
The implications of this congestion extend far beyond the canal itself, with potential slowdowns and bottlenecks looming for US trucking. With the smooth flow of goods and commerce at stake, it is crucial to address this crisis promptly and effectively.
“Our supply chain is very delicately balanced,” said Danny Ramon, intelligence and response manager at Overhaul. “If one thing goes out of whack a little bit, it can throw the whole system into chaos. We saw that with the Ever Given in the Suez Canal a couple of years ago. That’s basically the same thing that’s going to be going on here.”
Did you know that nearly 3% of all global maritime trade goes through the Canal Authority? The United States takes the lead, with a whopping 72.1% of cargo passing through the canal either coming from or going to a U.S. port. In 2022 alone, this amounted to a staggering 215.9 million long tons. The majority of this traffic originates from ports on the East Coast and Gulf of Mexico.
“If we block up a major artery of international freight commerce, it’s going to have downstream effects on almost every link of the supply chain,” Ramon said. “When we look specifically at U.S. trucking, once there’s a choke point there at the canal, it means that choke points are just going to end up moving down the line.”
TD Cowen, a leading investment banking company, has been closely monitoring the drought conditions and their effect on the canal and supply chain operations. In a recent report, they highlight the significant disruptions caused by this situation, including diversions and the impact on ocean spot pricing.
“While shipping data indicates a pileup of ships waiting at the ends of the waterway, reports suggest that containerships have not been materially impacted in the U.S. East Coast and Gulf ports,” TD Cowen analyst Jason Seidl wrote in the report. “Potential implications to ocean container rates will hinge on weather and reservoir replenishment, though ocean carriers are able to divert this bottleneck (via the Suez Canal) at the expense of an extra week of travel time.”
According to a report by FourKites, the congestion in the canal could result in decreased delivery volume to East Coast ports. This includes locations like Savannah, GA, Charleston, SC, New York, New Jersey, and Baltimore.
“Our belief is that the port throughput on the West Coast is in a really good state right now because overall demand is soft. So, if this were to happen a year ago, then this would just be exacerbated,” said Glenn Koepke, general manager of network collaboration at FourKites.
Koepke anticipates a rise in the number of shippers seeking alternative routes for their cargo due to increasing wait times at the canal. This will result in the use of trucks for urgent cargo and rail for all other shipments.
“There are no real issues for the container vessels,” said Christian Sur, executive vice president of ocean freight and contract logistics at Unique Logistics International. “But since the canal authority has said they’re going to be operating under this limited draft and a number of transfer dates, in another 10 months there could potentially be some conditions and delays.”
Sur remains unconvinced that disruptions will have a significant long-term impact due to the extended transit times.
“There’s not that much volume moving, and there are other ways to get to the East Coast,” Sur said. “The Panama Canal is the optimal option.”
Source: Transport Topics
News
Can you legally carry in your Truck?
Summary:
Truck drivers often face safety concerns on the road, leading many to consider carrying a firearm for protection. However, rules about carrying guns in trucks vary by federal and state laws, and there are even more restrictions when crossing borders into Canada or Mexico. This article breaks down these rules to help drivers understand what is and isn’t allowed.
News for You
Carrying a firearm in your truck might seem like a good way to stay safe, but there are important laws you need to know about before bringing a gun on the road. The rules can be confusing because they differ between federal and state laws, and if you’re driving into Canada or Mexico, things get even more complicated.
Federal vs. State Laws
There isn’t a specific federal law that stops you from having a gun in your truck, but federal regulations do come into play when you’re transporting goods between states. If you have a firearm, it needs to be stored correctly — usually unloaded and in a locked case separate from ammunition. Some states have their own rules about carrying guns in vehicles, so it’s important to know the laws of each state you’re traveling through. For example, states like California and New York have stricter gun laws compared to others like Texas or Arizona.
Crossing Borders into Canada or Mexico
Taking a firearm into Canada or Mexico is a whole different story. Canada has very strict gun laws, and you need special permits that are hard to get, especially if you have a criminal record. If you try to bring a gun into Canada without the right paperwork, you could be arrested and face serious penalties. In Mexico, the laws are even stricter — bringing a firearm can lead to arrest, heavy fines, and even imprisonment.
Driving Professionally
For professional truck drivers, carrying a gun could also affect your job. Many companies have their own policies that ban firearms in their vehicles, regardless of state or federal laws. If you’re caught breaking these rules, you could lose your job or face other penalties. It’s best to check with your employer’s policy before deciding to carry a firearm in your truck.
How This Affects You
For truck drivers, knowing the rules about carrying a firearm can help you avoid legal trouble and keep your job secure. If you’re considering carrying a gun for protection, it’s crucial to understand the differences in state and federal laws, as well as the specific rules for crossing into Canada or Mexico. Always check with your employer’s policy on firearms, as company rules may be stricter than the law. Staying informed will help you make the best decision for your safety and your career.
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#TruckDriverSafety #FirearmLaws #Truckers #CrossingBorders #StateVsFederalLaw #GunSafety #TruckingRegulations #CanadaMexicoLaws #ProfessionalDrivers #TruckingJobs
Business
Good Greek Moving & Storage Extends Partnership as the Official Movers of the NFL’s Tampa Bay Buccaneers
TAMPA, Fla., Sept. 4, 2024 /PRNewswire/ — Good Greek Moving & Storage, recognized as the 2024 National Mover of the Year by the American Trucking Association, announced the extension of its multi-year partnership as the official movers of the National Football League’s (NFL) Tampa Bay Buccaneers today. This multi-year extension solidifies a decade of dedicated service to the Buccaneers, ensuring seamless transportation logistics for the team both on and off the field.
As the official movers of the Tampa Bay Buccaneers, Good Greek Moving & Storage is entrusted with the crucial task of transporting everything the team needs, from essential game-day equipment to the personal relocation needs of players, coaches and management. The company ensures the timely and secure transportation of all Buccaneers’ equipment to every away game during the NFL pre-season, regular seasons and playoffs. This partnership allows the Buccaneers to concentrate on their game, confident in the reliable logistics support provided by Good Greek.
“We are thrilled to extend our partnership with the Tampa Bay Buccaneers, a team that embodies the spirit of excellence both on and off the field,” said Spero Georgedakis, founder and CEO of Good Greek Moving & Storage and Good Greek Relocation Systems. “As a proud member of this community and a lifelong Bucs fan, it’s an honor to continue supporting the team, their loyal fans and the entire Tampa Bay community. We’re committed to delivering the same championship-level service that has made us the trusted movers of the NFL, ensuring that our hometown team is always ready to perform at its best.”
This extension marks an exciting chapter in Good Greek’s involvement with the NFL, with additional NFL Partnership announcements expected soon. Beyond managing the team’s equipment logistics, Good Greek is also committed to serving Buccaneers fans, offering customized moving services that keep them close to the action, whether they’re relocating within the Tampa Bay area or beyond. Through this partnership, fans will benefit from exclusive discounts and promotions, reinforcing Good Greek’s commitment to providing the Best Move Ever.
Fans attending home games at Raymond James Stadium can also look forward to a new, co-branded mural at sections 136/137, celebrating the enduring partnership between the Buccaneers and Good Greek Moving & Storage.
“We value Good Greek Moving & Storage’s commitment to award-winning service and are pleased to continue that relationship into the future,” said Buccaneers Chief Commercial Officer Atul Khosla. “In order for our team to perform at its best on the road, it is essential that travel logistics run smoothly. Good Greek’s expertise in working with professional sports teams throughout the state makes them an ideal partner to handle our moving and storage needs.”
The partnership with the Tampa Bay Buccaneers is just one of 18 professional and collegiate sports partnerships for Florida’s most trusted and most referred mover. Along with the Tampa Bay Rays and Tampa Bay Rowdies, Good Greek is the official mover for The University of Miami, The University of Central Florida, Orlando Magic, Orlando HEAT, Miami Marlins and more. Through these partnerships, Good Greek demonstrates its commitment to community involvement and excellence, aiming to create lifelong customers by embodying the values of Honor, Faith, Strength and Courage—the four pillars of the Good Greek Way.
ABOUT GOOD GREEK
The American Trucking Associations named Good Greek Mover of the Year in 2024 and is the World’s First and Only Total Relocation Company. Good Greek Relocation Systems offers Realty Services, Insurance and Title Services, Junk and Debris Removal, Auto Transport, and of course, Moving and Storage. For over 25 years, the Good Greek, Spero Georgedakis, has provided game changing services in South Florida. Credited with revolutionizing the perception of the industry, Spero and his team promise to provide the “Best Move Ever” – putting respect for the client and customer service first. Headquartered in South Florida with locations throughout the state, Good Greek is the Official Movers of Orlando City SC, Orlando Pride, Orlando Magic, Orlando Solar Bears, Miami HEAT, Miami Marlins, Tampa Bay Rays, Tampa Bay Buccaneers, Tampa Bay Rowdies, Inter Miami CF, University of Central Florida, University of Miami Hurricanes, Florida International University Golden Panthers, Florida Atlantic University Owls, and the University of FloridaGators. Good Greek also is partnered with Lakeland Flying Tigers, JetBlue Park in Fort Myers (the spring training home of the Boston Red Sox) and Roger Dean Chevrolet Stadium in Jupiter (the spring training home of the Miami Marlins and St. Louis Cardinals).
Media Contact: Dave Murphey
murph@goodgreek.com
Mobile – (305) 205-0808
News
Recognize Excellence in Trucking Safety with HDT’s 2024 Award
Do you know an outstanding trucking fleet executive who is committed to elevating safety measures? Heavy Duty Trucking is seeking nominations for the prestigious 2024 Safety & Compliance Award. This accolade honors individuals within trucking fleets who have demonstrated exceptional dedication, innovative leadership, and a creative approach to enhancing safety protocols.
Eligibility Criteria for Nominations
HDT invites nominations for professionals leading in safety, risk management, human resources, and similar capacities across the trucking industry. Whether you are nominating yourself or someone you admire for their contributions, we welcome submissions from colleagues, clients, vendors, and self-nominations alike.
The award recipient will be celebrated during the Fleet Safety Conference segment at the upcoming Fleet Forward Conference, taking place from November 6-8, 2024, at the Sheraton Marina in San Diego. Nominees should exemplify innovation in safety management and measurable progress in protecting drivers and other road users. The winner will gain significant visibility in the November/December issue of Heavy Duty Trucking magazine, as well as on Truckinginfo.com and other reputable platforms.
Are you or someone you know a worthy candidate? Be sure to submit your nomination here by September 20.
Source: Trucking Info
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