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Although dozens of conferences exist around the globe, warehouse managers should consider going to one of the best supply chain conferences of 2019 (plus MODEX, which is held in even-numbered years and occurs in 2020). Keynote speakers at LINK 2019 include Dick Johnson, President and CEO at Foot Locker, Inc., GET YOUR COPY HERE.
Here’s the supply chain and logistics news that caught my attention this week: Park It, Trucks: Here Come New York’s Cargo Bikes (New York Times) Amazon Tests Cheap Warehouses. Read more Above the Fold: Supply Chain Logistics News (December 6, 2019).
But even with the rate declines of the last few weeks, prices to the West Coast remain well above 2019 levels, and East Coast rates are about even with 2019. In air cargo, more forwarders are reporting signs of life for ex-Asia volumes, which is a good omen for hopes of an air peak this year. Europe rates of $3.70/kg
Today, 75 to 80% of cargo arrives on time. Their 2019 annual investor report explained the strategy as “based on creating additional value to our existing customers,” which, in 2020, has driven multiple acquisitions. Maersk 2019 Annual Report. By the end of 2019, 24% of spot shipments were booked using Spot. It’s worked.
Europe prices are 36% above their extreme lows last month showing some gains through the GRIs, though rates for both lanes remain below 2019 levels. In air cargo, Freightos Air Index data show China – N. Freight news travels faster than cargo Get industry-leading insights in your inbox.
These projections have September and October volumes 6-7% higher than in 2019, followed by only a moderate dip in November and December, with volumes about 15% higher than pre-pandemic. Rates on this lane fell 8% last week to $1,608/FEU, though prices remain slightly above 2019 levels. America Freightos Air Index rates to $4.78/kg
in push for freight decarbonization China e-commerce exports, unreliable Red Sea shipping boost air cargo Sephora is expanding its take-back and refillables programs Amazon announced that it delivered to Prime subscribers at its “fastest speed ever” in its quarterly earnings on Tuesday. and Canadian stores.
The post This Week in Logistics News (May 6-10, 2019) appeared first on Talking Logistics with Adrian Gonzalez. I’ll share my commentary next week. Have a happy weekend! Song of the Week: “It Doesn’t Matter Why” by Silversun Pickups.
Year Over Year (Cass Information Systems) Cargo theft volume, values decreased in 2018 (CCJ) JD.com’s drones take flight to Japan in partnership with Rakuten (TechCrunch). The post This Week in Logistics News (February 18-22, 2019) appeared first on Talking Logistics with Adrian Gonzalez. Freight Startup Flexport Hits $3.2
I’ve been trying to learn the basics of the game, and as luck would have it, at the Descartes Evolution 2019 conference this week (more about the conference in a future post), I sat with a Descartes executive who is an experienced rugby player — he even coached the women’s team at his university. And with that, have a happy weekend!
In 2019, digital freight isn’t a vision; it’s a reality. Meanwhile, massive passenger airline restrictions dramatically reduced air cargo capacity, sending rates through the roof. WebCargo Sky , the world’s largest air cargo platform for live pricing, capacity assessment, and eBooking from global airlines. Ports open and close.
In air cargo, the seasonal lull combined with overall low demand is pushing volumes below pre-pandemic levels at some of Europe’s major hubs , though some in the industry are hopeful that electronics product launches set to begin soon could drive some peak season rebound in the coming months nonetheless.
According to the Observatory of Economic Complexity (OEC), Ukraine’s top exports (2019) are agricultural commodities such as wheat, corn, and seed oils; iron ore, and iron. However, I did see reports on the destruction of Ukraine’s Antonov An-225, the world’s largest cargo aircraft. Beyond Fossil Fuels.
The two designs, one that looks more like a small plane used by hobbyists and another with a big belly used for additional cargo space, were recently unveiled in a company blog post. Drone delivery will be free for Prime members, and only Prime members can use the service.
In 2019, CNBC ranked Virginia as the #1 state for business, and The Port of Virginia plays a key role in Virginia’s ability to serve those businesses. In 2019, CNBC ranked Virginia as the #1 state for business, and The Port of Virginia plays a key role in Virginia’s ability to serve those businesses. About Stephen Edwards.
NEMF Files for Bankruptcy, XPO Warns on 2019: Is the Party in Transportation and Logistics Ending? XPO Logistics mentioned a similar problem when it downgraded its outlook for 2019. The post This Week in Logistics News (February 11-15, 2019) appeared first on Talking Logistics with Adrian Gonzalez. Stay tuned.
Rivian and Amazon struck a deal in 2019 to hand over 100,000 electric trucks to the e-commerce giant. Amazon Air’s network is starting to look more like the hub-centric models of air cargo giants FedEx and UPS. The company is also working on a forthcoming R2 model and is in need of cash. Last week, Rivian announced plans to raise $1.3
The request for a new injunction against independent contractor law AB5 in trucking was made in front of the same court and judge, Roger Benitez, that handed down a temporary injunction on New Year’s Eve 2019 that later morphed into a temporary injunction in January 2020. The average value of cargo stolen in an event was $214,104.
The post This Week in Logistics News (April 15-19, 2019) appeared first on Talking Logistics with Adrian Gonzalez. Logistics Market (WSJ – sub. req’d) New Digital Container Shipping Association is aiming to make a splash (The Loadstar). Song of the Week: “The Spot” by Your Smith.
Asia – Mediterranean prices are below $1,500/FEU so far this week, their lowest level since 2019. America East Coast prices fell 8% last week and continued their slide so far this week with daily rates at $2,249/FEU, 18% lower than in 2019 and their lowest level since mid-2018. America rates increase 8% last week to $4.75/kg,
Read more Above the Fold: Supply Chain Logistics News (November 1, 2019). The post Above the Fold: Supply Chain Logistics News (November 1, 2019) appeared first on Talking Logistics with Adrian Gonzalez.
He began his career in the South African Air Force and later spent more than a decade with the International Air Transport Association (IATA), where he held various leadership positions in South Africa, Spain, and the United States, including President of Cargo Network Services Corp., cargo subsidiary. IATA’s U.S.
The post This Week in Logistics News (March 4-8, 2019) appeared first on Talking Logistics with Adrian Gonzalez. And with that, here’s the supply chain and logistics news that caught my attention this week: Walmart Toughens Delivery Demands for Suppliers (WSJ – sub. Post a comment and let me know what you think.
In this situation, an autonomous vehicle brings a package to a customer’s house, whereupon the customer enters a code and retrieves the package from a cargo hold. The company launched its first sidewalk delivery robot named Scout in January 2019, and has been ramping up its efforts to get Scout into a neighborhood near you.
AI and machine learning provides more accurate information during the transportation planning process; using IoT to monitor shipments, cargo conditions, and yard management have allowed companies to make quick adjustments when disruptions occur; and mobile digital assistants provide feedback and instant visibility into shipments and inventory.
Europe are well below 2019 levels, while rates to the West Coast are still 17% higher than in 2019, possibly reflecting some shift of volumes back to the West Coast as the threat of labor disruptions has ended. Freight news travels faster than cargo Get industry-leading insights in your inbox.
As airlines canceled flights, and ports contended with no cargo to ship and no workers to operate, air cargo and ocean freight have been disrupted, with ocean carriers losing millions each week. FBX data shows prices for containerized freight spiked ahead of January 2019 tariffs. .
req’d) [Former Waymo engineer] forms new self-driving truck biz (CCJ) Toys and televisions litter island beaches after cargo ship loses containers (Dutch News). The post This Week in Logistics News (December 31, 2018 – January 4, 2019) appeared first on Talking Logistics with Adrian Gonzalez. And with that, have a happy weekend!
The More Than Shipping blog is a comprehensive resource for shipping trends, supply chain planning, project and specialized cargo and more. We have big plans for 2019, and we hope you’ll be amongst our readers. More Than Shipping. Logistics Management. Connect with us online to learn more!
West Coast rates of $1,564/FEU are 15% higher than 2019 levels while prices of $2,213/FEU to the East Coast are 17% lower than in 2019. In air cargo, there are signs that global volumes are increasing. Freight news travels faster than cargo Get industry-leading insights in your inbox. Asia – N. Asia – N.
Nonetheless, August volumes were on par with 2019, September and October ocean imports are projected to be 3-4% higher than pre-pandemic, and November/December at least 9% higher. Transpacific rates to the West Coast fell 11% last week to about $1,500/FEU, and is the only major lane with rates still above 2019 levels. Asia – N.
pounds of cargo in a hold with about 1,800 cubic inches of space. Last month’s throughput was down 33 percent from January and 31 percent from February 2019, pre-COVID. Each Manna Aero drone does 7 to 8 deliveries an hour at 50 miles per hour at a cost of roughly one-tenth a human driver in a car. kg CO2e.
Between 2016 and 2019, Amazon converted around 25 shopping malls into distribution centers. South Carolina Ports turned in its best cargo-handling performance in history in March, and the volume was 34 percent higher year-over-year. The previous record was set in August 2019 with 233,110 TEUs.
Imports from Asia to the United States increased by 40% from 2019 to 2021, while the volume of exports remained almost unchanged. Retailers like Amazon are chartering private cargo ships, making their own containers, and leasing planes to bypass supply chain disruptions like long wait times for dock space and workers. Fast Radius ).
The post This Week in Logistics News (February 4-8, 2019) appeared first on Talking Logistics with Adrian Gonzalez. req’d) Global Blue Chips Intensify Efforts to Increase Supply Chain Transparency (WSJ – sub. req’d) Walmart taking over operations at Inland distribution centers [operated by Schneider Logistics] (The Press-Enterprise).
billion in 2019. The Port of Los Angeles will expand weekend operating gate hours through a program called “accelerate Cargo LA”, which will operate on a pilot-basis at first to ensure that gate availability meets cargo demands and provides greater transparency to improve efficiency. billion parcel shipments, up from 1.9
The original gyro style wind energy installations were replaced with a wing type sail in 2019. The team behind Energy Observer wants to gain better information for commercial cargo vessels by vastly increasing the size of the ship. That said, there have been and continue to be improvements due to innovations.
It is not unusual for ocean prices to decline in mid-September – West Coast rates fell 19% in the first three weeks of September in 2019 – as demand falls in the last weeks before Golden Week. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Wood pallets used for export shipments also contain an unhealthy level of formaldehyde due to fumigation, posing an unnecessary health risk for cargo handlers. Recently in 2019, the DBS Marina Regatta was held at the marina bay front. This creates a high turnover rate in replacement, incurring unnecessary costs. MORE FROM THIS EDITION.
In fact, IT spend as a percent of business capex crossed over the prior ~10 year average in 2019 and we see that trend extending in early 2020.”. According to a Forbes article, BD managed a number of disruptions seamlessly , including a rudder problem with a cargo ship that resulted in 28 BD containers being thrown overboard.
Freight Rates 2019-2021. meters draft, and cargo capacity up to 14,000 twenty-foot equivalent units (TEU); previously, it could only handle vessels up to about 5,000 TEU. Enterprise control towers operate in islands without a dial-tone to drive interoperability with and within networks. Port Back-up In LA Over Two Years.
from 1990 to 2019 because of the increased numbers of people flying. Only the recent global pandemic reduced airline greenhouse gas emissions however this year, we will almost definitely see an increase in travel over 2019 levels – once again increasing overall emissions.
Home Depot has not joined the Cargo Owners for Zero Emission Shipping (coZEV) initiative, or the Zero Emission Maritime Buyers Alliance (ZEMBA). The unfortunate reality is that from 2019 to 2023, Amazon’s maritime emissions actually saw a 26% increase. Specifically, the report revealed: From 2019 to 2023, Amazon increased its U.S.
For example, if we look at recent peak seasons, the cost of shipping a 40’ container from Asia to the US West Coast in September 2019 was $1,437 according to the Freightos Baltic Index (FBX). Switching from ocean to air cargo or from full containers to LCL (Less than Container Load). Looking to compare and book freight?
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