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In technology news, INTTRA announced a partnership with JDA Software, which will give JDA customers access to INTTRA’s full suite of ocean shipping software, data and services. The company’s overall share of container volume has grown from 22% in 2014 to 24% in recent months. And with that, have a happy weekend!
CSX customers demand end to shipping bottlenecks as CEO apologizes (Reuters). Spot freight availability was 74 percent higher than in September 2016. Hurricanes Harvey and Irma also contributed to demand, as the storms disrupted supply chains and boosted spot truckload rates to levels not seen since December 2014. There were 6.6
By 2014, it reached $77 trillion dollars. This tremendous growth was driven by freight shipping, which scaled in size but didn’t significantly improve underlying technology, getting bigger, not getting smarter. For example, 26% of the 730 million TEUs shipped annually and approximately 30% of trucks on the road are empty.
Here are some details from the press release: The solution will help manage and track the paper trail of tens of millions of shipping containers across the world by digitizing the supply chain process from end-to-end to enhance transparency and the highly secure sharing of information among trading partners.
These 9 headlines culled from Transport Topics over the first three weeks of 2016, coupled with the emerging economic slowdown should give pause to all shippers. Headline: Class 8 Orders Slump in December, Down 36% From Same Period in 2014. Headline: Intermodal Cargo Falls in 4Q for First Time Since 2009. Rail and Multimodal.
Cosco, China Shipping Group in Advanced Merger Talks (WSJ – sub. UPS Sets 2016 Rates. UPS Sets 2016 Rates. Port of Long Beach sees highest Q3 cargo volume in history (Cargo Business News). SMC³ Acquires Transportation Costing Group. UberRUSH – Now Open for Business in Chicago, NYC, and SF.
Ports See Costly Delays as CargoShips, Volumes Grow (WSJ – sub. US Navy to accompany US-flagged ships in Persian Gulf after Iran seizes vessel (Fox News). trade deal to stretch into 2016: EU says (Reuters). billion USD) in pro-forma trailing 12-month revenue for the year-ended December 31, 2014. Con-way Inc.
Click the links below to compare this year's innovations to those from previous years: Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more.
The recent decision by Japan’s three largest container companies to merge their shipping operations is yet another symptom of the volatility that is roiling the freight business. K” Line, MOL, and NYK are the three Japanese ship lines that are consolidating. Deciding whether to shipcargo via the U.S. Labor unrest in U.S.
Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Top 10 Supply Chain Innovations of 2014 : hybrid DCs, 3-D prototypes, location-based inventory system, and more. Content Summary: Autonomous Boats Could Ferry Cargo in Busy Cities. Printer-friendly version.
All freight crossing the border can undergo cargo examinations. Building strong capacity relationships is key to smooth cross-border shipping. And depending on where you’re shipping, the PST may be blended into the Harmonized Sales Tariff (HST).**. Source: “2014 Sales Tax Rates,” TaxTips.ca, accessed November 15, 2014.
Before the mega-retailer started shipping goods through Lazaro Cardenas, the KCS had fallen on hard times. As recently as Fall of 2014, the Lorenzo Cardenas-Houston route handled an average of only 10-20 twenty-foot equivalent units (TEUs) a week. West Coast ports to Mexican ports by 2016.
Logistics Technology Updates: Q1 2016. Ongoing investments in the logistics sector continued strong in Q1 2016, following the investment of $1.5 billion in 2015 (up 125% from 2014). Ongoing investments in the logistics sector continued strong in Q1 2016, following the investment of $1.5 billion in 2014 (up 31%).
Celebrating the anniversary of this first flight, we’re taking a look at nine most amazing things you should know about air cargo. 1 First air cargo flight: 1910. 2 Craziest air cargo market entry: DHL Express. 3 Largest air cargo plane: Antonov An-225. 5 Most Evil Genius Cargo: Lasers. Source: Imugr.
truck driver retirement rates jumped to 33% last year, up from 22% in 2014. that in 2016 the United States was short 36,000 truck drivers. Escalating driver pay and rising diesel fuel costs ultimately mean higher consumer costs as shippers pass along the shipping buck and charge more for goods. FleetOwner. The Washington Post.
These two graphs explain why Maersk is splitting its shipping business, which is reeling from overcapacity; from it’s energy business, which is reeling from low oil prices: As Tolstoy observed, “each unhappy family is unhappy it its own way.” Twenty such ships were ordered. billion in 2014.
The new facility will allow the company to offer two-day shipping to most (about 90%) of the U.S. When customers order items not stocked at one of Belk’s fulfillment centers, those items are shipped directly from the vendor. In 2016, the company increased its EBIT in the Americas by 40%, with continued growth.
Spun off from GlobalTranz (July 2016). Cargo Chief. Platform launch in May 2016. Uber CEO Travis Kalanick was talking about logistics back in 2014 (although he called it “icing on the cake” back then). Acquiring an autonomous trucking company was another clear indicator, as was the 2015 Uber Cargo test runs in Hong Kong.
There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.
The Semi, set to be unveiled in 2017, is a large electric-powered, long-haul trucking vehicle that Musk says will “deliver a substantial reduction in the cost of cargo transport, while increasing safety and making it really fun to operate.”. from 2004 to 2014, with HCVs comprising 67% of market share. Overview of Trucking in the U.S.
3% fewer containers in 2015 compared to 2014. Port of Los Angeles spokesman Phillip Sanfield claims that year-to-date shipping volumes have likely dropped off because cargoships have not returned to normal schedules after February’s delays. percent increase over April 2014.
Amazon recently leased 20 cargo planes to deliver goods to and from fulfillment centers, registered as an ocean freight forwarder in China , and hired former CEO of UTI Worldwide , a freight forwarder, as Vice President of Global Logistics. billion items in 2016 and sales will increase by 75% to 12.6 billion items in 2020.
As a logistics service provider, focusing on over-the-road surface transportation management solutions via technology and managed transportation services, we find the following information on the history of shipping containers of great significance to the logistics and supply chain community at large. Readers' choice! Significance.
The History of the Shipping Container. 26 April 2016 marks the 60th anniversary of the maiden voyage of the Ideal X and the birth of modern container shipping, a development that played a critical role in spurring the global economy. But the modern shipping container has changed much more than one industry.
Thoma Bravo, a software investment firm, recently acquired Stamps.com, an online provider of mailing and shipping solutions in the US and Europe. The acquisition will likely help Stamps.com quickly transform its platform and services to address domestic and cross-border shipping needs in an evolving e-commerce environment.
Passages, capes, and straits are defined as geographical areas through which international shipping routes must transit. Chokepoints commonly have shallow, constricting depths, which hinder navigation and place restrictions on ship capacity. Potential for closure or interruption. It is approximately 190 kilometers long.
When FedEx, UPS, US Postal Service packages should be shipped for upcoming holiday season. Next week, I will be releasing my annual holiday logistics guide , as I have done for 2020 , 2019 , 2018 , 2017 , 2016 , 2015 , and 2014. Iron Ox launches autonomous greenhouse robot. Freight rates to stay high into 2022.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. Srihari Senior Consultant, Infosys Posted on: May, 22 2016 Great article.
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