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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Target is increasing its use of larger delivery vehicles in markets served by its sortation centers, improving capacity and creating more efficient routes, executive vice president and COO John Mulligan said on an earnings call last week. Target has been testing high-capacity van routes at Dallas and Minneapolis sortation centers.

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The Panama Canal Expansion: The Impact on Logistics Strategies and Operations

Talking Logistics

When the Panama Canal expansion is completed in early 2016, it will effectively double the capacity of the canal and allow post-Panamax vessels to cross it. Live Episode: June 30, 2015 at 12:00 ET. What actions should shippers take today to prepare effectively?

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Upheaval in Retail Changes the Scene for Suppliers

Elementum

It turns out that the Minneapolis retailer has been secretly reinventing itself by developing omni- channel capacities and adopting new brand strategy. Target also has been severely effected by the recent changes in the retail landscape. Many have been curious as to how Target will turn these events on their side.

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Reefer Capacity Gets Tighter Ahead of Thanksgiving

DAT Solutions

Just like with dry van freight , reefer capacity tightened in the first week of November, meaning that shippers and brokers had a harder time finding trucks to move those reefer loads. Chicago to Minneapolis also climbed 21¢ to $2.76/mile. That pushed rates higher in many areas, especially out of Chicago and California.

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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates. per mile.

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Have Van Rates Hit Their Peak?

DAT Solutions

As expected, the electronic logging device (ELD) mandate has made trucks harder to find, while winter storms and truckers taking time off for New Year's Day made capacity even tighter last week. The return trip from Minneapolis to Chicago was up 29¢ to $2.67/mile.

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Reefer Freight Adjusts to Post-Holidays, Post-ELD

DAT Solutions

Reefer capacity is still tight, as the industry continues to adjust to the ELD mandate. Green Bay to Minneapolis also jumped up 48¢ to $3.49/mile Minneapolis is hosting the game this year, and around this time last year we saw inbound rates rise to Houston, where the previous Super Bowl was held.