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Meet David Faulkenberry, FreightWaves’ Final Mile Man

David Faulkenberry recently joined FreightWaves as Market Expert for Final Mile. He formerly led strategic planning, operations, quality and business system development teams at XPO Logistics, Inc., 3PD, Inc., HomeDirect, Inc., GeoLogistics and Bekins Van Lines. Faulkenberry agreed to sit down with FreightWaves to discuss the state of the industry: Q: How do you define …

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Stormy times for ship financing

The sunny location of a Marine Money International presentation — the Cayman Islands — belied the dreary current state of ship financing. “Shipping, as you all know, is a highly cyclical industry, with tremendous highs and endless lows, and the past decade has been one that most of us would rather forget. And ship finance …

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Volvo, Western Star recall trucks for steering issues

Volvo Trucks North America and the Western Star brand of Daimler Trucks North America will recall nearly 3,700 trucks between them for separate steering-related issues that could cause a crash. Neither issue has resulted in any crashes or injuries, according to postings on the National Highway Traffic Safety Administration (NHTSA) website. 2020 Volvo VNR and …

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Today’s pick-up: Nail bars in warehouses; FedEx’s Smith goes to war with New York Times

Good day, Do warehouse workers want amenities like basketball courts, a soccer field, a gym, a pizza and grill station, and a pop-up nail bar? Clothing company ASOS seems to think so because it recently designed a warehouse with those perks, according to an article in Material Handling & Logistics. The author, Adrienne Selko, took …

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MSC confirms Soren Toft will become chief executive officer

Mediterranean Shipping Company (MSC) has confirmed that Soren Toft will join the company as chief executive officer. Toft’s appointment was rumored last week after his resignation as chief operating officer of A.P. Moller-Maersk . (OTC:AMKBY) Soren Toft (Photo: LinkedIn) “MSC is delighted that Mr. Toft will be supporting the Aponte family at the helm to …

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How Automated LTL Freight Shipping Processes Creates Efficiencies

Unless you still love fax-machines and booking LTL freight the old fashion way; there are some great fast-evolving ways to utilize automated LTL freight shipping processes and simplify the process. Historically, freight organizations and shipping customers had to fax or email shipping related documentation and make endless phone calls to stay on top of their…read …

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65% of Employees Prefer Bonuses Based on Personal Performance

A recent survey conducted by Payscale finds 65% of employees in America prefer bonuses based on personal performance. This is because employees view these bonuses as incredibly lucrative. However, to get these bonuses workers will often have to meet rigorous performance goals. Compensation Statistics Some 75% of workers in the survey prefer tiered performance bonuses …

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Port of Brunswick open 24 hours to commercial vessels

The Port of Brunswick in Georgia is now open to commercial vessel traffic 24 hours a day. Ship traffic in and out of the port through St. Simons Sound had been limited since Sept. 8 when the car carrier Golden Ray went aground and overturned while leaving port. Brunswick’s Colonel’s Island Terminal is a dedicated …

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