Remove Cargo Remove Chicago Remove Distribution Remove Freight
article thumbnail

Containerized shipping joins modern financial world with CME futures

Freightos

Which brings us to international freight. It’s challenging to get fixed prices for global freight. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. Hedging for freight price volatility.

article thumbnail

California Freight Heats Up, Spurred By Hanjin Collapse

DAT Solutions

Even if they didn’t have cargo on Hanjin ships, big retailers are starting to shift inventory from West Coast distribution centers to other DCs farther east. Those eastbound freight moves will become more urgent, and rates are likely to rise further, as Black Friday draws closer. Prices slipped in the Northeast, though.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Calling Reverse Logistics Startups – RLA to host Startup Competition

Cathy Roberson

The most significant percentage was on-demand last-mile delivery platforms, followed by road freight marketplaces and new last-mile parcel networks. · Increased costs “driven by cost of freight.” In total, McKinsey estimates that $80 billion in funding was made in logistics startups in 2021.

article thumbnail

Retailers receiving inventories any which way they can

Cathy Roberson

Ocean freight solutions Ocean rates and capacity have been a big concern for all shippers for quite some time. Dollar General’s CEO noted that their updated freight outlook after Q1 assumed that its regular ocean carriers would fulfill only 85% of their contractual commitments.

article thumbnail

America Adapting to Supply Chain Chaos

Operations and Supply Chain Management

With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. Rickenbacker International Airport was a bustling hub for air freight well before the pandemic—a day’s truck drive to half of the U.S. We had a good cargo business before the pandemic.

America 52
article thumbnail

Don't forget the pilots

Cathy Roberson

Atlas also has maintained a strong relationship with DHL including joint ownership of Atlas’ subsidiary Polar Air Cargo in which DHL is a minority owner. I briefly discuss this further in a recent Air Cargo World story I wrote last month - A world potentially on strike. If this company is to succeed, they need to work together.

article thumbnail

146 days until Christmas - Are you ready?

Cathy Roberson

Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World. I wear a number of hats these days. Speaking of JOC… be sure to catch Substack columns from Eric Johnson , Ari Ashe , and Bill Cassidy - all three are fantastic!