This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Alex Winston and Joe Lynch discuss America’s largest small truck network. Alex is the President of Expedite All , Americas largest small truck network, with over 9,000 vehicles ranging from cargo vans to straight trucks. About Alex Winston Alex Winston is the President of Expedite All and Reefer Van Network.
More Resources Home Ahead of the Curve: How Digitalization Helped Air Cargo Amidst Red Sea Shipping Diversions Joyce Tai April 2, 2024 If there’s one lingering lesson from the supply chain crisis of COVID, it’s that digitization can help organizations navigate crises…but that digitization can’t be put in place DURING that same crisis.
America weekly prices fell 1% to $5.27/kg. America weekly prices increased 2% to $1.86/kg. China’s ports are likely still working through some of the backlog of ready to ship goods created during the April-May lull in China-US demand. Asia-Mediterranean prices (FBX13 Weekly) increased 32% to $4,285/FEU. China – N.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
When you can barely see beyond the bow of the ship, when extreme wind and waves threaten to throw you off course – or worse, sink you – it’s understandable that long-term thinking can get chucked overboard like so much extra ballast. It’s an apt metaphor for ocean shipping these past many months. And the list goes on.
Amazon achieved its fastest-ever global shipping times last year but isn’t resting on its laurels. Department of Transportation, which has selected 37 projects to be given funds made available by the Bipartisan Infrastructure Law’s (BIL) Mega Program and the Infrastructure for Rebuilding America (INFRA) Grant Program. percent, or $24.5
America weekly prices decreased 6% to $5.23/kg America weekly prices increased 9% to $2.00/kg. In air cargo, Freightos Air Index data show China – N. America rates fell 6% last week, but remain 11% higher than in October, while China – N. Asia-Mediterranean prices (FBX13 Weekly) fell 5% to $1,487/FEU.
America weekly prices increased 4% to $4.41/kg America weekly prices increased 1% to $1.67/kg. A recent analysis suggests that some spending growth is on the types of goods , like video games, that don’t ship by ocean container – another factor in the relative disconnect between spending and freight. kg China – N.
Just to start with the most basic point about it, sea trade has been the largest carrier of cargo in the history of the world. In fact, even the land-bound parts of the Silk Road didn’t see as much cargo and trade-goods moving along it as the oceans and seas have.” In 2020, waterborne shipping carried more tonnage (nearly 1.5
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.
ABTC is building a new lithium-ion battery recycling facility that will process 100,000 tonnes of materials annually, supporting a sustainable battery supply chain in North America. Ian Morgan, with extensive experience from Qatar Airways and Cargolux, will oversee day-to-day cargo operations and lead a team of 600 employees.
The platform boasts a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income. FRAYT has a network of over 15,000 vetted drivers who own and operate their own vehicles, utilizing their time and excess cargo capacity to earn extra income.
The company said that it has already replaced 95 percent of the plastic air pillows with paper filler in North America and is working toward complete removal by year’s end. It is the company’s largest plastic packaging reduction effort in North America to date and will remove almost 15 billion plastic air pillows from use annually.
Demand for ocean freight was lower than anticipated, and Hanjin Shipping, another top ten ocean liner, was already teetering on the verge of bankruptcy. The Post-2016 Strategy: End-to-end Shipping. DB Schenker Chief Commercial Officer in the Americas, Daniel Bergman. Today, 75 to 80% of cargo arrives on time.
The airline lobbying group Airlines for America announced in March that its member carriers will all go green by 2050. In many organizations, freight shipping has become static: companies use air cargo because that’s what they’ve always done. This eliminates repositioning empty boxes – quite literally, shipping air.
Cargoships 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). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.
In a final piece of holiday news, USPS has said will not levy an extra delivery surcharge during the winter peak season, saying the decision makes USPS “the most affordable way to mail and ship this holiday season.” Although port volumes increased in August, demand remains lower as shippers continue to face excess inventory levels.
Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. But in recent weeks, the Houthis have been trying to strike ships making that longer journey in the Indian Ocean. 1 in trade with the U.S.
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 world’s fleet consists of approximately 6,000 ships. These ships carried nearly 150 million twenty-foot equivalent units (TEUs) of containers last year. Last October, over 100 ships, including 70 container ships, were waiting at anchor or in drift zones to unload at the twin ports of Los Angeles and Long Beach.
US Air Force wants a commercial Rocket Cargo Vanguard to fly stuff anywhere on Earth. MIT spin-off ISEE brings autonomous trucks to shipping yards. If the project, called Rocket Cargo, goes as planned, it would take advantage of this fast-growing market. MIT spin-off ISEE has identified the shipping yard as one of those areas.
For example, the Freightos Baltic Index indicates a 69% increase to North America’s East Coast and a staggering 226% to Northern Europe since the crisis began. In fact, the hard reality is that looking back over the past decade, supply chains have been disrupted by shipping bankruptcies, wars, pandemics, geopolitics and tariffs.
That’s exactly what Amazon is doing as it with its “Ships in Product Packaging” (SIPP) program, which, as the name suggests, allows products to ship in their original box or bag without any added Amazon packaging. Delta Cargo , a unit of Delta Air Lines Inc., But sometimes, branding has to take a back seat to sustainability.
A 2020 cyberattack at TFI International, one of the largest trucking and logistics companies in North America, forced them to resort to manually sorting. In another case, CMA CGM, one of the global leaders in cargoshipping, ultimately disabled its entire core IT systems in response to a cyberattack.
FedEx plans to test autonomous drone cargo delivery with Elroy Air. Air Canada wants more cargo jets 3 months after launching service. Staten Island workers could challenge the company’s current labor model, which is the backbone of its Prime two-day shipping promise. Walgreens to offer Wing drone delivery in suburban Dallas.
They say they’re worried about pollution and the risk of wildfires, so instead, they’ll create a tribute to America with a light show made by drones. Cargoships avoiding Houthi attacks in the Red Sea face a different kind of delay-causing threat as they go around the southern tip of Africa: storms and 30-foot swells.
America weekly prices increased 8% to $4.75/kg America weekly prices were level at $1.67/kg. 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,
UPS earnings rise as higher prices offset shipping slowdown. Earlier this week, Amazon and Hawaiian Airlines announced that the retail giant will use Hawaiian Airlines to fly its first Airbus freighters on primary cargo routes and to Hawaii beginning in the second half of 2023. Amazon to double Europe EV fleet by 2025.
Faced with the challenge of limited data availability, he co-founded Vizion, an API-first solution empowering cargo owners, freight forwarders, and software providers to achieve true supply chain visibility by tracking ocean freight in near real-time.
Container shipping prices skyrocket. After being limited to only offering takeout and delivery for months under some of the strictest lockdown rules in North America, food product shortages are just the latest headache for small business owners to contend with. Porsche calls on its suppliers to use 100% renewable energy.
It means being able to see where a shipment or an order is while it’s in transit — whether on a truck, a railcar, an ocean liner or a cargo plane — anywhere in the world. Data on ocean shipments, for example, is generally available across the globe, due primarily to greater standardization in ocean shipping.
Just last year many were chartering their own cargoships to get all these goods to their destinations.) Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos and Nokia across North America, Western Europe and Latin America.
Ocean Risk Management part 2: Navigating Global Shipping Alliance The shipping industry continues to evolve. In this article, we explore the pros and cons of the alliance model in the shipping industry, compare the solo strategy versus alliance strategy, and provide tips on how shippers can prepare for market swings.
Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Increased Shipping Costs, Delays, and Transportation Issues. Famous Pacific Shipping Group ). Deloitte Global). Wall Street Journal ).
She discusses her company’s innovative and sustainable cold chain packaging solutions that maintain frozen or refrigerated temperatures for up to nine days, allowing for more efficient and environmentally friendly shipping.
Thousands of flights were grounded or delayed at the world’s largest air freight hubs in Europe, Asia and North America. billion ‘Green Gateway’ rail expansion The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S.
A survey stated that the average cost per failed delivery in the United States of America is $17.2.That’s Steep shipping costs According to a survey , 2,000 US retail shoppers say that the primary factor (58%) for cart abandonment is high shipping costs. giving you the best shipping price to quote for your customers.
That said, ocean prices for shipping out of China are still well down on this time last year. Following disruptions caused by bad weather in US and Europe two weeks ago, last week airport operations quickly returned to normal, and cleared any cargo backlogs. Europe-South America Atlantic. Europe-South America Pacific.
came from trucks carrying cargo. At the same time the largest container shipping liner, Maersk Line, has ordered eight large ships powered by carbon neutral methanol carrying approximately 16 000 containers each, and made a call for “pit stops” for appropriate infrastructure to source green methanol. Most of this, 45.1
America weekly prices decreased 2% to $4.65/kg America weekly prices fell 2% to $1.64/kg. America East Coast prices decreased 8% to $2,245/FEU, 17% lower than in 2019, with Asia – N. America last week and more than 4% to N. Freight news travels faster than cargo Get industry-leading insights in your inbox.
Bank of America sounding the alarm on collapsing freight demand. It includes free shipping of online purchases, free grocery deliveries to the home for orders of at least $35, prescription discounts and other benefits. The BrightDrop Zevo 600 has a payload of up to an estimated 2,200 pounds and over 600 cubic feet of cargo area.
International shipping industry article and permission to publish here provided by Daniel Choi. Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. The Shipping Industry During Pandemic.
In contrast, the larger Amazon warehouses typically rely on delivery stations closer to customers for the final stage of shipping. Amazon’s fast-shipping service can add fees for small orders. This July, the company is moving forward with a supply chain services platform for retail partners across North America.
Retailers turning to specific-day delivery over speediest shipping. They also have faced tense geopolitical environments, unreliable and expensive global shipping services and supply chain delays exacerbated by port congestion and even inland transportation issues. UPS, Overstock to launch returns pilot program.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content