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This Week in Logistics News (September 25 – October 1)

Logistics Viewpoints

Costco CFO Richard Galanti said the company had chartered three ships to import products from Asia to the US and Canada. Costco expects to make about 10 deliveries over the next year using these ships, accounting for about 20 percent of its imports from Asia.

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Declining Demand Creates Dour Outlook for Logistics Industry

Intelligent Audit

As freight volumes continue to fall and demand softens, ocean carriers are working to increase blank sailings. Supply Chain Dive reports that Maersk has already reduced capacity by 15%, with other carriers preparing to follow suit for transpacific and Asia-Europe routes. . Ocean Carriers Increase Blank Sailing Amid Declining Demand.

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One Man’s Trash: How Blockchain Can Target Food Waste to Help End World Hunger

Material Handling & Logistics

billion people, with much of the growth concentrated in Sub-Saharan Africa and industrialized parts of Asia. From the wholesale manufacturers in Iowa to the farmers in Bangladesh, change is coming. He was previously the founder and CEO of Trax Technologies, a global logistics analytics and freight audit & payment firm.