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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. Several cargo vessels were struck by missiles or drones during the past week. Cargo theft incidents were up more than 57 percent in 2023 compared with the year prior, according to CargoNet, a Verisk company.

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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long mile-long span. The collapse sent vehicles and people plunging into the water.

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Baltimore Bridge Collapse: An Opportunity to Reinforce the Importance of Supply Chain Resilience

Logistics Viewpoints

The port handles about 11 million tons of cargo per year, including automobiles, containers, coal, and farm products. The port closure also creates congestion and delays at other ports and transportation modes, such as rail and truck, that must handle the diverted cargo.

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This Week in Logistics News (February 12 – 18)

Logistics Viewpoints

What Berglund is referring to is the advantage that shipping lines hold for negotiations with cargo shippers for 2022 and beyond. Xeneta currently puts the Asia-West Coast spot rate at just under $10,000 per FEU, with some cargoes paying additional priority shipment fees of $1,400-$7,500. By October, it was up to $6,000-$6,500 per FEU.

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This Week in Logistics News (April 1 – 7)

Logistics Viewpoints

Following an expansion across New England earlier this year, Stop & Shop is adding the Flashfood program to more than 60 of its stores across Long Island, New York City, Westchester County and the Hudson Valley. Unfortunately, the market for counterfeit goods, especially on online marketplaces, continues to grow.

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The MetroSpeedy Story with Nancy Korayim

The Logistics of Logistics

Nancy is the Founder and CEO of MetroSpeedy , a fast-growing, last-mile delivery company based in New York City. MetroSpeedy is able to provide 2x to 3x time more deliveries per hour than their competitors by leveraging their ai-based tech, micro-fullfilment hubs and proprietary eco-friendly cargo bikes.

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Warehousing News Roundup: April 8, 2019

Stord

True Value has already successfully implemented this strategy in the Midwest, and is now bringing it to its Northeast region with this new investment. Amazon is using a smaller distribution center for fulfillment in New York City , and other companies are following its lead. This number fell by 5.4%