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This Week in Logistics News (March 23 – 29)

Logistics Viewpoints

In the early morning hours of April 26, at approximately 1:35am, a cargo ship leaving Baltimore Harbor struck the Francis Scott Key Bridge, triggering a catastrophic collapse of the 1.6-mile-long The bridge is part of the heavily traveled Interstate 695 linking Baltimore to Washington, D.C. Retail groups this week are applauding a U.S.

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April 9, 2024 Update

Freightos

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Recovery efforts in Baltimore continued to make progress this week. New rail services are already moving containers between the ports of Baltimore and NY/NJ to assist shippers disrupted by the closure.

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April 16, 2024 Update

Freightos

America’s East Coast, alternative ports continue to handle the rerouting away from the Port of Baltimore without reports of significant congestion or with increases in freight rates. The latest National Retail Federation ocean import report for N. Asia and the Middle East. Demand projections for N. American imports are more optimistic.

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Will Warehouses Eventually Go Dark?

Enterra Insights

Phillips ( @EricaEPhillips ) reports some retailers were so desperate to find warehouse space this past holiday season they created pop-up warehouses in vacant suburban lots and parking garages.[1] These retail structures also typically offer dock doors, ample parking and clear heights compatible with industrial usage.

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Kanban Able to Support Port of Norfolk Drayage and Other Needs

Kanban Logistics

All of us at Kanban Logistics are deeply saddened by this week’s tragic accident at the Port of Baltimore. According to CNBC , in the wake of the catastrophic bridge collapse at the Port of Baltimore, ocean carriers are shifting responsibilities onto U.S. Drayage capacity. What’s Happening Now? What’s Happening Now?

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Spot Freight Volumes Get Welcomed Boost

DAT Solutions

That would’ve led to more reefer trucks competing for van freight, and the extra capacity kept rates down. Those lanes are closely tied to retail, and other retail lanes were down last week. Memphis to Indianapolis was more typical of retail lanes last week, falling 20¢ to $1.90/mile. FALLING LANES.

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Major Freight Markets Saw Biggest Rate Surge of the Year

DAT Solutions

Freight patterns showed increased retail trade ahead of Memorial Day weekend, and since some drivers finished the week up early ahead of the holiday weekend, capacity also tightened. The average length of haul for produce shipments was longer last week, which soaked up extra capacity. Miami to Baltimore was up 35¢ to $2.63/mile.

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