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WASHINGTON — Legislation introduced in the House and Senate could help speed air cargo shipments through the supply chain by using a new funding incentive for surface transportation projects. would use existing federal funding to create an incentive for surface transportation projects at and within five miles of a public airport.
For the past few years, the air cargo market has greatly benefited from international e-commerce. According to the International Air Transport Association (IATA), 80% of e-commerce is transported by air and makes up upwards of 30% of total air cargo volume. Rethinking supply chains is a reader-supported publication.
In 2024, cargo theft incidents surged to 3,625 across North America, a 27% year-over-year increase, with losses exceeding $455 million and an average loss per theft of $202,364. The economic toll of cargo theft alone is estimated at $15–$35 billion annually, disrupting supply chains and inflating costs for businesses and consumers.
How middlemen funnel illegal Chinese vapes into the United States From an office a 15-minute drive from Chicago's O'Hare International Airport, one small firm helped import millions of unauthorized Chinese-made vapes last year alone, forming a key link in the supply chain feeding U.S. demand for illegal e-cigarettes.
One is a rather significant acquisition announcement that has the potential to change the global transportation and logistics landscape. maritime transportation, state of the art warehousing, logistics and air freight capabilities. based maritime transport, added logistics and warehouse services. based technology providers.
See More Bad News on US Cargo Theft.) Click here to send us your comments In response, the National Motor Freight Traffic Association (NMFTA) has just released a framework it says can help shippers, carriers and brokers fight back against the growing and increasingly sophisticated threat of digitally enabled cargo theft.
This pioneering Green Corridors Intelligent Freight Transportation System (IFTS) will connect inland terminals near Monterrey, Mexico, and north of Laredo (I‑35 area), operating 24/7 with low-emission shuttles to streamline customs crossings and dramatically reduce border congestion and emissions—by up to 75% compared to conventional diesel trucks.
Studying economics at Yale, Smith’s 1965 term paper pitched the idea of creating a logistics company that would carry only cargo, and do so for a package’s end-to-end journet, such that a package could be delivered almost anywhere in the US overnight. link] Robert Transportation Manager, N/A Posted on: Aug, 30 2016 Good article!
After securing access to TuffAir’s materials, Amazon abruptly ceased communications, only to unveil a remarkably similar regional air cargo model within months, based on the same technical, operational and strategic elements TuffAir had disclosed,” the company alleged in its legal filing. No comment as yet on the suit from Amazon.
The company briefly shut down a factory in Chicago for a week last month due to a shortage of the materials. trade negotiations with China. trade negotiations with China. Ford Motor Co. CEO Jim Farley told Bloomberg last week that supplies remain “day-to-day” despite apparent progress in U.S. talks with China.
CP has recorded annual losses in each year dating back to 2018, and was on pace to completely deplete its cash reserves by Q2 of 2025 before the federal government stepped in with a $1 billion lifeline in January.
Enough to go through every single article published in the top tech blogs – Techcrunch, Verge, Mashable and Recode – since 2007 to count how often articles about logistics startups, freight or cargo were published. Chicago only. Improved cargo capacity by innovative 40 foot container design (fold). Really hot.
Conferences exist for a variety of purposes and supply chain specialties, including cold chain storage, transportation management , omnichannel best practices , and much more. ProMat (NO COST) Dates: April 8 – 11, 2019 in Chicago, IL ProMat is among the nation’s greatest no-cost conferences. GET YOUR COPY HERE. Download White Paper.
Just last year many were chartering their own cargo ships to get all these goods to their destinations.) Transportation teams could drill into their top bottlenecks by facility, carrier performance, dwell time and volume. He lives in Chicago. So, what is it going to take to enable better inventory management?
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. This is the portion of E2E that is most commonly referred to as “real-time transportation visibility”. He lives in Chicago.
Cargo theft is surging across the United States — and food and beverage products seem to be the main targets. Cargo Theft Increases in the United States Cities seeing a spike in freight theft include Los Angeles, Houston, Miami, Savannah, Newark, New Jersey, Memphis, and Chicago.
According to the company, Chicago-based Coyote Logistics manages around 10,000 loads per day with a network of over 10,000 carriers. “As The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. Postal Service after UPS recently won the five-year contract.
Using a sophisticated set of AI rules and constraints, such as priority, cargo type, flight schedules, pick-up schedules and resource capabilities, resource assignments are made automatically to handle and process each container within each arriving/departing cargo aircraft. "
What’s your primary carrier’s cargo acceptance rate? What is happening in the industry in key areas such as average freight rates per mile and transportation spend? Gaurav is currently pursuing an MBA degree in Strategy and Operations from the prestigious University of Chicago Booth School of Business.
SMC³ Acquires Transportation Costing Group. UberRUSH – Now Open for Business in Chicago, NYC, and SF. August 2015 Freight Transportation Services Index (TSI). Port of Long Beach sees highest Q3 cargo volume in history (Cargo Business News). Cosco, China Shipping Group in Advanced Merger Talks (WSJ – sub.
Increased Shipping Costs, Delays, and Transportation Issues. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Increased Shipping Costs, Delays, and Transportation Issues. Department of Transportation ). Dealing with the Shipping Container Crisis.
They’ll of course see the transport trucks rolling down the road as they pass by, knowing their trailers are full of cargo, but they’ll never bother to think about how that order is triggered, the decisions involved with how much quantity to order, or the complexities (such as expiry dates) of getting that order to their local store.
Schiphol airport gears up for chilled vaccine cargos. The flights were reportedly between Brussels and Chicago, and represent one leg of a chain, which will extend from Chicago to distribution hubs around the US. COVID in the news: Pfizer’s COVID-19 vaccine is reportedly being flown by United Airlines chartered flights.
December 2014 Freight Transportation Services Index (TSI). Transportation Department pushes tough oil train standards – sources (Reuters). With more than 30 cargo ships anchored offshore, countless supply chains scrambling, and the prospect of a $2 billion per day hit on the U.S.
are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.” But as history has shown in the transportation industry, overcoming “the way we’ve always done things” is always the biggest obstacle.
Norway Takes Lead in Race to Build Autonomous Cargo Ships (WSJ – sub. Hunt Transport Services, Inc. As of today [July 20, 2017], the company will suspend operations in Chicago, Los Angeles and New York, and only operate in San Francisco, where the company is based. ATA Opposes Efforts to Delay ELD Deadline.
After receiving the package, the delivery receptacle transports the package to a secure location, such as into a garage. Robinson announced that it opened “a new state of the art certified cargo screening facility (CCSF) in Carson, CA.” Once cargo is screened, it can be quickly transferred to or from the airlines.”
Supply chain disruptions that consist of port and terminal congestion, shipping delays due to high cargo volumes, lack of labor due to Covid-19 and limited space have caused a myriad of challenges for shippers. Lower levels of passenger air travel over the past year have created congestion at air cargo terminals worldwide.
If you are in Chicago, you can explore different Sprinter Van rentals in Chicago, Illinois , for a fleet of various Mercedes Sprinter models to serve all kinds of purposes. Efficient Team Transport. With a sprinter van, you can transport your team to their destination in comfort and style. Bottomline.
This acronym stands for All Water Service, which is one of the most cost-effective ways to ship your cargo, and also one of the most eco-friendly ; however, it’s also one of the slowest forms of freight transportation. With AWS, your cargo will be shipped from the port of origin to its destination using only water routes.
The major impact will be to hazardous cargo (majority of classes), with a hold on Xiamen port from August 1st to September 7th, including imports to Xiamen, exports from Xiamen, and transfers via Xiamen. Vince brings extensive experience and knowledge in carrier rate and contract negotiations, RFQ management, and transpacific ocean business.
5 Tips for Protecting Your Freight Against Cargo Thieves. In 2018, motor carriers reported almost 600 incidents of cargo theft nationwide. Cargo thieves can take advantage of opportunities for crime, such as low security at a cargo hold, to steal thousands of dollars worth of cargo. Avoid High-Crime Areas.
But, every mode of transportation is stretched in terms of capacity, and rates and spot rates have ballooned for each mode. Joann’s is spending on average $8 million on transloading because of congestion on the Chicago and Cleveland rail systems. Delays are more the norm than on-time deliveries.
This collaboration helps carriers plan capacity needs, temporary seasonal labor requirements, third-party transportation purchases, and more down to the zip code level. Catch my weekly column on air cargo, freight forwarding, and the express markets, and the occasional podcast on Air Cargo World.
With container ships jumping from 5,000 TEU Panamax to 23,000 TEU Mega jumbos, carriers need huge amounts of cargo to fill these ships – and that’s only possible with cooperative vessel-sharing agreements. Beyond Ocean Transport. The biggest carriers are focusing on improving their value beyond that of pure ocean transport.
The increased investments were attributed to supply chain disruptions such as raw material shortages, delays at ports, labor shortages, lack of warehousing space, and tight capacity across all modes of transportation. ” · “Returns take up a lot of increasingly expensive warehouse space, and transportation costs are going up.”
This could be from debris or flooding, especially since freight trucking is the most common mode of transport. Air shipments were re-routed through surrounding hubs—Atlanta, Chicago, and Dallas/Fort Worth. Supply chain delays are inevitable when roads are impassable. There are 60,000 miles of coastal road in the U.S.
Today’s complex networks of storage and intermodal transport face these challenges too. They can affect manufacturing, warehousing and transport. Transport networks. Cargo diversion, hijacking and piracy are all concerns. Examples are ERP for manufacturing, CRM for sales and operations, and TMS for transport management.
Conferences exist for a variety of purposes and supply chain specialties, including cold chain storage, transportation management, omnichannel best practices , and much more. ProMat (NO COST) Dates: April 8 – 11, 2019 in Chicago, IL ProMat is among the nation’s greatest no-cost conferences.
With global cargo lanes clogged, businesses are turning to new ways to deliver goods. Mississippi River cargo traffic near Luling, La. The former wartime airbase handled a record 1,655 international cargo arrivals in 2021, a 73% jump from 2019, and overall tonnage rose 18%. We had a good cargo business before the pandemic.
Shippers are scrambling to make contingency plans while other transportation modes – air, trucking, and perhaps barge – prepare to handle additional volume should there be a rail strike. Shippers that utilize UPS, or FedEx for that matter, purchase speed not the mode of transportation. million in FY 2017 to $14.1
NYSE: R), a leader in commercial fleet management , dedicated transportation , and supply chain solutions , announced today it has started to take delivery of 125 medium-duty electric panel vans, the first of their kind in North America, now available for lease or rent. Miami, November 2, 2017 —Ryder System, Inc. About Ryder.
Compliance with bonded facilities: Goods must be stored or transported only through facilities authorized by customs. In-bond shipments offer relief by allowing goods to be transported to their destination or exported without undergoing the full customs clearance process immediately upon entry.
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