Fed up with cargo congestion, freight forwarders flee O’Hare airport

The Supply Chain Journal

Cargo congestion has gone from bad to worse at Chicago O’Hare International Airport, forcing importers to wait several days to retrieve shipments and prompting two large logistics companies to migrate airfreight operations an hour west to an uncrowded facility in Rockford, Illinois.

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FreightWaves Haul of Fame: Burlington Northern Air Freight has changed hands, names and missions during its run…

The Supply Chain Journal

Burlington Northern Air Freight, Inc. The company was an air freight forwarder specializing in shipping heavy materials within the United States using contracted cargo space on commercial lines. In addition, Burlington acquired WTC Air Freight in 1987. cargo on trucks.

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

6 River Systems

Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. Today, there are many top 3PL warehousing companies that handle warehousing, fulfillment, logistics and distribution services for companies of all sizes.

What is freight?

The Supply Chain Journal

A term that gets used quite often in the shipping and transportati o n industry is freight , says ThomasNet. But what is freight, and what does it represent within the supply chain network? What makes freight shipping unique? Cargo to be loaded and unloaded during shipping.

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

Talking Logistics

As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. But while we are in the midst of a season notorious for a spike in cargo thefts , there are a few precautions you can take to protect your freight.

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Lufthansa Cargo begins modernizing Frankfurt warehouse

The Supply Chain Journal

Lufthansa Cargo (DXE: LHA ) is moving forward with the modernization and expansion of its logistics center at its Frankfurt Airport hub in Germany. Lufthansa Cargo said the new building will help improve handling speed for shipments and service levels for customers.

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Technology Is The Key To Supply Chain Orchestration

Gravity Supply Chain

It’s not just the supply chain! Entire logistics networks, manufacturing bases, and workers face a multitude of unprecedented disruption challenges.

50 expert warehouse optimization tips and techniques

6 River Systems

Optimizing your warehouse means examining every corner of your infrastructure and every facet of your workflows and processes to identify and correct inefficiencies. “Warehouse optimization starts with an efficient layout. Upgrade your warehouse equipment.

FreightWaves Classics: Port of Baltimore active for 300+ years

The Supply Chain Journal

About five years ago, on July 19, 2016, the Ever Lambent, a Taiwanese-flagged cargo-carrier, was the first supersized container ship to dock in Baltimore after traversing the just-widened Panama Canal. By 1845 the railroad connected to Port of Baltimore warehouses at Locust Point.

How To Find a Great Freight Forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Before seeking out a great freight forwarder, it would make sense for a shipper to understand what a freight forwarder does. A freight forwarder is as great as their reputation.

American Airlines deploys new cargo platform

EFT

IBS Software's iCargo platform has been deployed by American Airlines Cargo, with AA saying in a press release that this will help “To overhaul legacy infrastructure and provide a single, digital platform to modernize its business and deliver enhanced customer experience.”.

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A Secure Supply Chain – Reducing Cargo Theft Risk

Supply Chain Link

The Transported Asset Protection Association’s (TAPA) reported a five-year high in cargo incidents in 2015 with a large percentage of growth in freight thefts year over year 1. The average value per cargo theft incident, occurrences when merchandise is stolen while being stored or transported, was about $187,490 in 2015 2. Distribution Supply Chain Transportation 3pl Warehousing

How to Mitigate Risk of Full Truckload Shipping: Freight/Cargo Insurance!

GlobalTranz

Believe it or not, product in the care of a driver does not necessarily place all liability for freight in the hands of the carrier. The Problem: Full Truckload Carries Less Risk, So Shippers Forgo Cargo Insurance Risk exists in all transportation modes, and failure to consider risk in full truckload shipping is a poor strategy that will result in loses. This includes purchasing freight or cargo insurance. Integrate cargo insurance in freight management technology.

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DSV Panalpina buys Agility’s logistics unit for $4.1B

The Supply Chain Journal

DSV Panalpina ( DSV.C.DX ) announced Tuesday it will acquire the logistics arm of Kuwait-based Agility Public Warehousing ( AGLT.KW ) for $4.1 The deal will make it the third-largest freight forwarder globally. 80% of GIL’s 2020 revenue was tied to air and ocean freight.

How to find a great freight forwarder

The Logistics of Logistics

I often hear from novice shippers: “How can I find a great freight forwarder?”. The truth is that finding a great freight forwarder is actually rather easy. Here are nine items to look for when searching for the best freight forwarder for your company: Research, Research, Research. Before seeking out a great freight forwarder, it would make sense for a shipper to understand what a freight forwarder does. A freight forwarder is as great as their reputation.

Boom Time for the Shared Economy within Supply Chain

Logistics Bureau

In logistics and supply chain management, however, transport and warehousing are the most significant sharing processes thanks to a welter of economic benefits for all parties—and the trend is accelerating despite the dampening effect of the COVID-19 pandemic.

Freight Market Update and Q2 Trucking Outlook

Zipline Logistics

Following an unprecedented downturn, the freight market has posted an almost full calendar year of impressive growth spurred by demand from a few sectors of the domestic economy. What to Expect in the Q2 Freight Market . Buying Trends Still Shaping the Q2 Freight Market and Beyond.

FreightWaves Classics: PortMiami handles cargo and cruises

The Supply Chain Journal

PortMiami is one of the busiest ports in the United States because it is both a major cargo gateway in the Americas as well as being the largest passenger port in the world. Cargo at the Port of Miami. Cargo operations at PortMiami account for $35 billion in economic impact.

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Amazon Supply Chain Innovation Continues

Logistics Viewpoints

In the article, he wrote about Amazon Relay, the acquisition of Whole Foods, Amazon the carrier, and the expansion of its warehousing capabilities. Amazon Warehousing. However, not all warehouse employees have been happy with the working conditions.

Supply Chain Management Success – What You Need To Know But No One Told You

Gravity Supply Chain

How can end-to-end visibility and container tracking prevent supply chain disruptions? Find out in Gravity Supply Chain Solutions’ latest blog post.

Countdown to Black Friday: Are You an Easy Target for Cargo Theft?

CH Robinson Transportfolio

Countdown to Black Friday: Are You an Easy Target for Cargo Theft? As shoppers count down the days until they can score deals on the hottest products, cargo thieves are counting on cashing in on opportunities to swipe unattended trailers and shipments. The industry experiences more cargo theft incidents when there is a higher volume of consumer goods moving through the supply chain. Remember that freight at rest is freight at risk.

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Cargo Insurance: What is it, What are the Types, & Do I Need it for My Shipment?

GlobalTranz

Following up our announcement that we have negotiated lower cargo insurance costs and now offer a zero deductible for that cargo insurance, we thought we’d take a deeper look at freight insurance (also known as cargo insurance). Specifically, what is cargo insurance, and should shippers even request it. We also highly recommend that you read our post entitled " Freight Insurance vs. Freight Liability: What You Need To Know For Freight Claims.".

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Fuelling Supply Chains with Cargo Vessel GPS Tracking

EV Cargo Technology

But, in a world of real time supply chain management, the lack of proactive approaches to timely decision making when it comes to transporting goods is startling, particularly when dealing with sea freight cargo. Retailers should use cargo vessel GPS tracking to support intelligent decision making. The post Fuelling Supply Chains with Cargo Vessel GPS Tracking appeared first on Adjuno.

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Air Freight Explained: Calculating Costs and Price Trends

Freightos

International Air Freight Shipping: Definition. Air cargo is used by global importers and exporters when they need to get goods somewhere rapidly and reliably. While 90% of everything is shipped by ocean, air connects the world faster, cutting China-US freight shipping time from 20-30 days by ocean to only 3 days by air cargo. International air freight and express freight shipments are not the same thing. Why Ship Cargo by Air? Freight Insights

US Spending Cuts to Create Issues for Freight Forwarders Through Cargo Processing Delays

BluJay Solutions

As the US Federal Government begins to implement a Sequestration program of mandatory spending cuts to address its budget deficit, effective March 1, the Department of Homeland Security is warning of potential delays to the processing of inbound air and sea freight shipments. And the resulting delays in processing cargo imports are set to impact heavily on the logistics industry, with logistics services providers of all types affected, in particular freight forwarders.

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5 Tips For Keeping Your Freight Safe

Freightos

Freightos CEO, Zvi Schreiber, recently dubbed 2016 as the “ year that the freight industry goes online.” ” Some freight services, like rate quoting, have now reached the tipping point. On Freightos, for instance, forwarders and shippers can create a freight quote in 30 seconds. Other freight services have already passed the tipping point, fleet tracking, for instance, spearheaded by freight technology companies like Track Your Truck.

Fuelling Supply Chains with Cargo Vessel GPS Tracking

EV Cargo Technology

But, in a world of real time supply chain management, the lack of proactive approaches to timely decision making when it comes to transporting goods is startling, particularly when dealing with sea freight cargo. Retailers should use cargo vessel GPS tracking to support intelligent decision making. The post Fuelling Supply Chains with Cargo Vessel GPS Tracking appeared first on EV Cargo Technology.

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Air Freight Still the Best Option for Smaller Shipments

BluJay Solutions

After a turbulent few years, news of global air freight volumes is hotly anticipated and feared in equal measure. In reality, the most recent figures announced by IATA in October 2013 prove there is continued growth in air freight, but that significant regional variances are in play (e.g. So will air freight play a lesser role in the global supply chain going forward, or do the numbers not tell the whole story?

Ocean Freight Routing Terms Explained

Material Handling & Logistics

The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . 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. At first glance, this freight forwarding term might seem interchangeable with IPI.

Canadian cargo boosts Buffalo

DAT Solutions

No surprise – the Buffalo metro area is home to countless warehouses and distribution centers to support cross-border trade, and they've been busy this month. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 279 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. Freight Rates

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Gruzka technology aims to change the future of cargo transfer

The Supply Chain Journal

In more than 35 years in logistics and operations, Bob Richardson found one thing has never changed: the transfer process of cargo. “I I realized cargo handling, trailers and truck bodies haven’t changed since 1930,” he said in an interview with FreightWaves. “If

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Multimodal 2015 – Advanced Supply Chain Management and Logistics for Cargo Owners

Supply Chain Movement

Entering its eighth year, Multimodal has grown to become the UK and Ireland’s premier freight transport and logistics event. Exhibitors at Multimodal represent every logistics sector – road, rail, aviation, maritime, warehousing, storage services. Events Clarion Events distribution managers event freight transport logistics Multimodal NEC Birmingham procurement directors shipping managers Supply Chain Directors traffic managers Multimodal 2015. Date: 28 – 30 April 2014.

Freight Transportation Companies Slashed Payrolls in January

CHAINalytics

Job cuts at courier, trucking operations came amid continued gains in warehouse employment By Erica E. Phillips February 3, 2017 Couriers and other cargo-handling businesses slashed payrolls by 13,000 jobs in January, ending several months of gains during which the logistics sector ramped up for the holiday season. Employers in the logistics and transportation sector … The post Freight Transportation Companies Slashed Payrolls in January appeared first on Chainalytics.

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Importers lost their pricing power. How should they adapt?

The Supply Chain Journal

The bad news: Shipments from Asia face massive delays and even when cargo finally arrives, it costs so much to transport that profit margins are slashed. I believe they will try to remain in a [freight] seller’s market for as long as they possibly can. “We The good news for U.S.

Blockchain in freight forwarding – Is it the next big thing?

20Cube Logistics

Basically, blockchain is a record-keeping mechanism which makes business easy and safe on the internet by increasing transparency and providing end-to-end visibility from order to warehousing to delivery to payment. How will blockchain impact freight forwarding? Each time cargo is shipped, the transaction is documented, creating a permanent history of the shipment from order to delivery. The post Blockchain in freight forwarding – Is it the next big thing?