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The Port of Los Angeles stands poised for significant growth and transformational change following news of Union Pacific’s plans to acquire Norfolk Southern (NYSE: NSC ) and create the nation’s first transcontinental freight railroad. Cargo owners have gone to a four-corner strategy of port diversification.
While each presents unique benefits, their value depends on disciplined implementation and integration into business-critical workflows. In 2017, Maersk’s encounter with NotPetya malware required a full infrastructure rebuild and delayed cargo worldwide. However, benefits depend on data integration.
Ocean Market Update Reliable Solutions in a Volatile Market The ocean freight market continues to navigate volatility shaped by shifting trade policies, geopolitical uncertainty, and cautious market sentiment. According to AAPA, air cargo demand in Asia-Pacific rose 4.9% Maersk Middle East situation update.
While passenger electric cars have seen widespread adoption, transitioning the freight industry to electric trucks has proven to be very challenging, for multiple reasons. So let’s dive right into the major challenges standing before the green and electric freight truck revolution.
the bill seeks to restore and enhance the Federal Motor Carrier Safety Administration’s authority to address fraud and deceptive practices in freight transportation. With freight fraud costing the industry an estimated $35 billion annually, this bill equips the agency to protect consumers, businesses, and the supply chain.
Reefer-x: A cold chain tech provider offering real-time tracking and monitoring solutions for temperature-sensitive cargo. TruKKer: A digital freight platform that includes cold chain trucking for the transport of pharmaceuticals and food items across MENA. The post Cold chain market in Middle East and North Africa expected to hit $41.1
Though Hawaii presents exceptional complexity, it serves as a valuable stress test for global shippers. This control is particularly useful if you’re shipping specialized freight. The landscape is shaped by a complex lattice of variables.
Limited Transparency A prevalent challenge in supply chain management is the lack of transparency in operations, often leading to operational losses due to disruptions like cargo theft, fuel theft, and rerouting.
Supply chain and procurement executives should urgently pay heed to the need to make sure it is distributed to them, said Jay Koganti, vice president supply chain at the Center of Excellence of Estée Lauder , during a presentation titled “ AI Trends Transforming Supply Chain – and How Leaders Should Respond,” at the DPW New York conference June 11.
To become more agile, flexible, and resilient, the present and future of supply chain management can’t be reactive. Uncertainty is certain to define the present and future of supply chain management. They executed via reactive decisions such as re-deploying inventory ahead of tariffs or modifying production schedules.
The last five years have prompted many businesses to interrogate whether their pricing processes are fit for purpose, but the extreme challenge presented by the current trade policy landscape has heightened that need.
When it comes to ocean freight, it can be easy to observe the competitive nature of shipping rates, service loops and trade lanes and label it market share dog-eat-dog. The primary benefits of shipping alliances include stabilized freight rates, increased capacity management, and enhanced operational efficiencies.
While leaders acknowledge the sector’s environmental impact, tapping into sustainable practices presents a combination of challenges and opportunities. Political instability, cyber threats, regulatory pressures, and the drive for sustainability converge to present both formidable challenges and unprecedented opportunities for change.
In contrast weaker infrastructure and higher costs for both the charging infrastructure and electricity means that the Total Cost of Ownership (TCO) advantage isn’t present yet in the U.S. Widespread charging infrastructure and availability of subsidies to install facilities further helps the case for electric goods vehicles.
Shippers are scrambling to front-load orders during this 90-day window, an effort thats already driving spot rates higher across ocean freight, drayage, and over-the-road transportation. ports can halt cargo for days or weeks. The recent surge in demand for ocean freight following the tariff pause has only made this clearer.
In the hyper-connected global economy of the present day, supply chains traverse continents, cultures, and myriad communication barriers. This served to dampen container buildup and accelerated the transit of time-sensitive cargo.
This congestion presents a bottleneck, testing the resiliency of supply chains. However, officials at the ports of Los Angeles and Long Beach have assured stakeholders that they are equipped to manage the increased cargo volumes without significant delays.
Companies also need to undertake a detailed review of past declarations, to ensure compliance with present-day practices, such as the growing popularity of Mexico as a manufacturing alternative to China and other parts of Asia. Their first resource for outside help is a customs broker, which makes declarations on their behalf.
tariffs present major challenges for small manufacturers and e-commerce brands. While the Trump Administration’s stated goal is to bring more manufacturing back to the U.S., For many, higher costs, supply chain delays, and unpredictable inventory flows are creating significant hurdles. Truce Ocean Transportation J.B.
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.
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. He founded a new freight company called “Federal Express,” to denote his national ambitions.
There is one easy answer: a large number of cargo ships continues to avoid sailing in the Red Sea in and out of the Suez Canal, to avoid attacks from so-called Houthi rebels in South Yemen. God bless america from its present distraction. That is what is happening right now,” Mortimer says. What is going on? Likely I'm off base?
And the letter to Brazil also presents a warning shot to the BRICS group of developing nations, which Trump has cast as a threat to the U.S. Featured Product Popular Stories End to De Minimis Slows Flow of Air Cargo from China to U.S. dollar’s status as the world’s key currency. while almost all the others post large surpluses.
The carrier last year began to squeeze out low-margin, lighter-weight e-commerce traffic by raising prices and selling the space to freight forwarders with more dense cargo, management said during an earnings presentation on May 2. Revenues for Germany’s postal operator ticked down 0.2%. revenue decline.
The company said while presenting preliminary figures for the first half of 2025 on July 21 that the financial hit was a result of tariffs impacting trade and the companys loss of planned production in its response to them, reports BBC News. President Donald Trumps tariffs have already cost it €300 million ($349.2
Understand the 3-Legged Freight Movements at the Border. Companies carrying freight across the U.S.-Mexico At a minimum, companies will need to be familiar with these most common documents: Bill of Lading (BOL) – A bill of lading is an essential document for any freight shipment. Bills of lading for U.S.-Mexico Likewise, a U.S.
TuffAir’s site states that it plans to launch in the fall, “with high performance aircraft, lean operations and a scalable model to connect overlooked freight corridors across the Midwest. TuffAir argues that its strategy is unique and is designed to facilitate cheaper, faster regional air transit for freight. ( What do you say?
Amazon is even entering the transportation space, signing agreements with the Air Transport Services Group and the Chinese government to enter into the freightcargo business – effectively cutting out the middleman. Find a way to know sooner and act faster.
What’s Holding Back Customer-Centric Air Cargo? . As the cream of air cargo’s innovators held turns on the floor, this question came up time and again. The industry’s mindset is holding customer-centric air cargo back. That was my big take from Elevate , presented by Air Cargo World earlier this month.
As a disclaimer, WebCargo , a Freightos Group company, does offers digital services to global forwarders and carriers, including online sales portals, digital eBooking, multimodal rate management and the Freightos.com freight marketplace. . The Freight Game of Thrones. Today, 75 to 80% of cargo arrives on time.
Editor’s Note: This is a blog by one of our affiliate partners, Global Vision Group , a Federal Maritime Commission licensed Non Vessel Operating Common Carrier (NVOCC) and Ocean Freight Forwarder (OFF). Is Full container freight not moving? Try moving your most important freight LCL to the East Coast.
Market Review: Past, Present and Future. The past, present and future market forces causing today’s extreme truck capacity shortage include: Strong Economy. economy in 2017 and so far in 2018, manufacturers have been producing more goods than usual and requiring more freight to be shipped. What are the real causes? ELD Mandate.
Last week, I gave the keynote presentation at the Dangerous Goods Symposium , sponsored by LabelMaster and the DG Exchange. In my presentation, I highlighted five key transportation trends that are changing supply chains from a technology standpoint. The primary reason companies buy a TMS is for freight savings.
Freight Forwarding Basics with Miles Varghese. Miles Varghese and Joe Lynch review and discuss freight forwarding basics. A freight forwarder is an agent in the supply chain whose objective is to organize a shipment, acting as the intermediary between the exporter or importer and transportation companies. About Miles Varghese.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. Cargo imported into the U.S. according to the Walmart Marketplace website. from May’s 2.24
The next step is to present the proposal to national legislatures. And, if many of those packages cross the Pacific waters, or generally travel farther than 600 kilometers, the air cargo shippers specializing in express packages will also stand to benefit from that wave of volume. Who will benefit the most from TPPA?
and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And they present a host of logistical challenges.
The overarching rule that all actions taken are meant to meet the needs of the present society without compromising future generations’ ability to meet their own needs, is a key driver. From just being environmentally friendly, it has become a holistic framework that encompasses the environment, social and corporate governance.
For freight shippers, understanding the National Motor Freight Classification (NMFC) system is critical for the accuracy and efficiency of your logistics operations. In fact, the NMFC plays a vital role in determining the cost of less-than-truckload (LTL) shipping and how freight is categorized based on its key characteristics.
More Resources Home Empowering Freight Forwarders with AI: Insights from Industry Leaders AI Popup #2 July 8, 2024 Dive deeper into freight data that matters Learn More For years, technology has been cast as a threat to freight forwarders. This conversation is far from over. In fact it’s just the beginning.
The catalyst was fairly simple – there are freight conferences and tech conferences, but few that really mesh both very well. There was also some startling consensus on some core ideas: Freight is complex and transformation won’t happen overnight. Freight used to start with a golf game or a phone call. It already has.
The alarming rise in cargo theft across the United States is becoming a significant concern for businesses, logistics providers, and consumers alike. Understanding the Reasons Behind the Surge Economic Pressures Inflation and supply chain disruptions have inadvertently presented an attractive opportunity for thieves.
Guarding Against Cargo Theft Cargo theft is one of the largest risks associated with pharmaceutical manufacture and transport. Between May and June 2017, more than 90 percent of cargo thefts involved trucks. The first step to preventing cargo theft is to complete a risk assessment. These cargos are also at risk.
Turvo, provider of the world’s leading collaboration application designed for the supply chain, recently announced a new partnership with ocean freight visibility management technology solution provider OpenTrack. OpenTrack tackles data fragmentation and resolves conflicts to present the source of truth in ocean visibility.
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