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This Week in Logistics News (January 27 – February 2)

Logistics Viewpoints

UPS is seeking alternative strategies for its truck brokerage business, which has seen sales plummet amid a freight recession marked by declining rates and over capacity. More than $728 million is on the way to communities around the nation to bolster intermodal freight infrastructure. The money is coming through the U.S.

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Building a Resilient Port Strategy with Brian Kempisty & Lauren Beagen

The Logistics of Logistics

Brian is the Founder of Port X Logistics , a transportation company that specializes in expediting containerized cargo throughout the U.S. About Brian Kempisty Brian Kempisty is the Founder of Port X Logistics, a transportation company that specializes in expediting containerized cargo throughout the U.S. and Canada. and Canada.

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). They include Massachusetts, New Jersey, New York, Oregon, Vermont and Washington state.

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The New Normal: Falling Rates and Improved Efficiency Set New Standards for Shippers

Intelligent Audit

For example, carriers plan to reduce the capacity for the Asia-to-North America West Coast trade lanes by as much as 29% in the weeks following China’s Golden week in early October. As freight rates continue to fall, shippers will likely continue to leverage blank sailings to balance operational costs against volatile fuel prices.

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Experts Discuss How to Streamline Global Supply Chain

Supply Chain Opz

7) David Simchi-Levi , Professor at Massachusetts Institute of Technology and Chairman at OPS Rules Management Consultants Global financial turmoil, rising labor costs in developing countries, and huge volatility in the price of oil and other commodities can disrupt a company''s entire supply chain and threaten its ability to compete.

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Will America Go with the FLOW?

Enterra Insights

Last March, the Biden Administration announced “the launch of Freight Logistics Optimization Works (FLOW), an information sharing initiative to pilot key freight information exchange between parts of the goods movement supply chain.”[1] freight spend, and there is not one truckload carrier in the mix.”

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Which Supply Chain Strategy Will Prevail in 2022?

Stord

In terms of reshoring, New Balance recently opened a North American manufacturing facility in Massachusetts, and Intel will invest $20 billion in building two new chip factories in Ohio. Brands, like Gap and Lululemon , are using expensive air freight routes to get items faster and circumvent port congestion. Two popular trends?