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Hanjin, Hurricanes, Harvests May Boost Truckload Rates

DAT Solutions

The ocean freight industry suddenly lost one of the top ten players when Hanjin Shipping Co. Hanjin's exit strands 89 ships worldwide containing some $14 billion worth of cargo, much of which was headed to the U.S. Missed schedules could keep rates high well into November, when the holiday freight season would ordinarily start to wind down. That means higher volumes, and likely higher freight rates, just when weather starts to turn ugly. Freight Rates

Utah 97

COVID-19: Bullwhip in Cheese Demand

Operations and Supply Chain Management

The smaller supply chain and freight division posted a 22% profit increase due to strong shipping demand out of Asia. The International Air Transport Association says global air cargo capacity was off by nearly a third from year-ago levels in August, including a 67% decline in belly space. Errico Auricchio, president of Wisconsin-based BelGioioso Cheese. For suppliers, that makes projecting demand about as easy looking through a thick wheel of Wisconsin cheddar.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world.

Which States are Making the Grade in Logistics?

Material Handling and Logistics

Illinois is the only state that has all seven Class I freight railroads. It is the 3rd largest in total freight railroads. With three maritime ports that together rank 7th in waterborne shipping, Indiana provides the only statewide port system with direct waterway access to two U.S. Content Summary: Kentucky ranks 3rd in the nation in total air cargo shipments. The Port brings over 13-million tons of cargo through the Cleveland Harbor, resulting in $3.5