Is air cargo really a bargain right now?
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This is an excerpt from Thursday’s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest.
Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth.
California man sentenced for drowning his two sons in insurance scheme
3 weeks 4 days 6 hours ago
Friday, March 12 2021
Mar 12, 2021
March 12, 2021 7:45 AM
March 12, 2021
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Source: CNN
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LOS ANGELES, CA - A man accused of killing his two sons in an insurance scheme has been sentenced by a federal court.
According to CNN, a California judge sentenced 45-year-old Ali F. Elmezayen to 212 years in federal prison for taking the lives of his two children as part of an insurance scheme worth more than $260,000, according to a Thursday news release from the Justice Department.
Elmezayen is said to have driven a vehicle with his wife and two sons inside off a Los Angeles port into the San Pedro Bay in April 2015. Elmezayen escaped the submerged car through his open window. His former wife, Rabab Diab, could not swim but survived when a nearby fisherman threw her a life preserver.
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This is an excerpt from Thursday s (3/12) Point of Sale retail supply chain newsletter sponsored by ArcBest.
Retailers are stuck between playing the ocean waiting game and ponying up for air cargo. The number of container ships in San Pedro Bay has hovered around 30 since the start of the year and levels remain stubbornly high. As of Wednesday, there were 31 at anchor. The CMA CGM Marco Polo with a capacity of 16,022 twenty-foot equivalent units (TEUs) has been stuck at anchor the longest, since Feb. 27. The median time a container ship spent anchored outside the port last week was just over 7.5 days before it could head to berth.
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