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And now on to this week’s logisticsnews. US Air Force wants a commercial Rocket Cargo Vanguard to fly stuff anywhere on Earth. Intel turns to reverse logistics to create “circular economy”. If the project, called Rocket Cargo, goes as planned, it would take advantage of this fast-growing market.
And now on this week’s logisticsnews. Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reported cargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. They’re looking at it and they’re saying, is cargo available?
And now on to this week’s logisticsnews. pounds of cargo in a hold with about 1,800 cubic inches of space. JD.com has been rapidly growing its logistics unit by focusing on warehousing growth, including in international markets. The new facility will add more than 300 jobs and grow JD.com’s warehouse footprint to 1.3
And now on to this week’s logisticsnews. Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). They include Massachusetts, NewJersey, New York, Oregon, Vermont and Washington state.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal (CPP) to accelerate cargo movement for customers and supporting terminal operators. It ensures secure, efficient, and transparent transactions, helpingHapag Lloyd’s terminal partners and customers improve cargo flow across U.S.
And now on to this week’s logisticsnews. However, many of these companies are now reining in their logistics ambitions. NewJersey-based CargoNet says it helps prevent cargo theft and improve recovery rates through secure and controlled information sharing among theft victims, their business partners, and law enforcement.
One of the fastest growing forms of cargo theft is deceptive pick-ups (aka fictitious pick-ups). According to a September 2013 white paper published by CargoNet and the Cargo Security Alliance , 8 percent of cargo thefts in 2013 (as of August 31, 2013) were due to fictitious pick-ups, up from 5 percent in 2011.
The following is a 5,000 word exploration of Maersk’s strategic shift to end-to-end logistics services, based on open sources. So three months after an executive meeting on June 23rd , an updated strategy was released, tracking a radical shift into a slimmer Maersk, focused on providing end-to-end logistics services.
A trucking entrepreneur, Malcolm McLean recognized the inefficiencies of traditional cargo handling methods and saw an opportunity for innovation. In 1956, he launched the first container ship , the Ideal X, carrying metal containers from NewJersey to Houston. However, it did not gain traction until the mid-20th century.
We have taken this proactive measure to safeguard our people, assets, and customers’ cargo in light of increased regional instability." The safety and security of our seafarers and operations are our top priorities," Maersk said in a statement June 20. "We Timely, incisive articles delivered directly to your inbox.
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, NewJersey, Memphis, and Chicago.
The staff at the Transportation Intermediaries Association (TIA) note, however, that the logistics industry plays an “out-sized — and often underappreciated — role … within the greater transportation ecosystem.”[1] Just 14 years later, the first air cargo flight took place in 1910.
Admittedly, the term “trade” has often meant to exploit; nevertheless; most people understand that logistics is what makes the world go round. The staff at Mecalux explains, “Logistics has played a crucial role in the development of humanity throughout history. Logistics can helps reduce costs. 3] They are: 1.
As a result of mediated collective bargaining, port operators agreed to raise their offer of wage hikes to a 62 percent increase over six years of a new contract ending the three day walkout. There is mention by Rooney of limited semi-automation at the Port Liberty terminal in Bayonne, NewJersey which was agreed to several years ago.
But before I head out, here’s the supply chain and logisticsnews that caught my attention this week: Microsoft to buy LinkedIn for $26.2 law [as] a simple and efficient solution for assuring the continued smooth flow of export cargoes.” Robinson, Descartes, GT Nexus, and Transplace are Talking Logistics sponsors.
Shippers Rush to Find Alternatives as US East Coast Port Strike Looms LOS ANGELES/NEW YORK, Sept 25 (Reuters) – U.S. companies that rely on East and Gulf Coast seaports have been importing early, shifting goods to the West Coast, and even putting cargo on pricey flights to hedge against a threatened Oct. presidential election.
Of course, just a few weeks ago the Federal Maritime Commission (FMC) launched an investigation into potentially unfair demurrage and detention charges that are being levied against cargo owners, often for events beyond their control. Bring on the road rash: trucking issues abound.
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.
It used to take two days to get cargo off the docks. Marketing expert Robby Pedraza explains, “During World War II, standard sized shipping containers were developed to ship military cargo to the front lines. Conex containers evolved into modular units that could stack efficiently to store more cargo in one location.”[4].
state of NewJersey. Because of its strategic location and strong infrastructure, the Netherlands plays a key role in the global logistics industry. The Netherlands has a total of 29 airports, five of which are considered major airports, and two of which have paved runways capable of handling cargo planes.
Third-party logistics companies ( 3PLs ) specialize in distribution, warehousing and fulfillment services. The core competency of these companies is logistics , and they do it well. Even Amazon used third-party logistics companies when the company first started, until reaching sufficient scale to have a logistics arm of its own.
a wireless IoT company that provides solutions to the industrial, logistics and vehicle markets. Their two-way refrigerated solution integrates into Thermo King and Carrier , and their suite of tracking devices include wireless sensors, photographic cargo imaging, and environmental status. The Logistics of Logistics Podcast.
The Port of Los Angeles, which is vying with the Port Authority of New York and NewJersey to be the nation’s busiest facility, saw a 25.8% One of the major agreements includes the country’s National Guard meeting monthly with AMOTAC officials to create enhanced safety measures on the country’s roadways to combat cargo theft.
A TEU is one 20-foot-long cargo container or its equivalent. Cargo volume does not correlate directly with sales because only the number of containers is counted, not the value of the cargo inside, but nonetheless provides a barometer of retailers’ expectations. Ports covered by Global Port Tracker handled 1.76 That was a 2.3%
Some ORC activity happens before merchandise ever reaches stores, with 29% of retailers saying they had been the victim of cargo theft that occurred along their supply chains. While at least 34 states have ORC laws, 73% of retailers surveyed support the creation of a federal ORC law, noting that ORC gangs often operate across state lines.
In the meantime, Baltimore-bound containers are being rerouted to other East Coast ports, with about 80% of these being handled at either Norfolk or New York/NewJersey. New rail services are already moving containers between the ports of Baltimore and NY/NJ to assist shippers disrupted by the closure. America and N.
A couple of weeks ago I wrote an article outlining how cargo theft is on the rise. In the United States alone, cargo theft is a $15 to $35 billion industry. While cargo theft as a whole has increased 57 percent year-over-year, strategic theft has increased 600 percent from November to March.
We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. In February, a new Stage I Measure was introduced, which tracks that average period from cargo ready to origin port departure. US Logistics Index. Global Shipping.
In the container market, shippers who normally rely on the Port of Baltimore are being offered contingency plans from carriers to reroute volumes through alternative ports like New York/NewJersey and Norfolk. Freight news travels faster than cargo Get industry-leading insights in your inbox. America and $3.31/kg
In addition to running one of the fastest growing logistics companies in NYC, Nancy offers her time to serve on advisory boards. Founded in 2017 by CEO Nancy Korayim , MetroSpeedy is a high growth, NYC-based, last-mile delivery logistics start-up. The Logistics of Logistics Podcast. About MetroSpeedy. MetroSpeedy Twitter.
And the canal was too small for the Post-Panamax vessels, which carry two to three times as much cargo as the ships that currently squeeze through the Panama Canal. football fields, make up about 16% of the global container fleet but carry 45% of the container cargo. logistics landscape starting in 2016.
A TEU is one 20-foot-long cargo container or its equivalent. Cargo volume does not correlate directly with sales because only the number of containers is counted, not the value of the cargo inside, but nonetheless provides a barometer of retailers’ expectations. million TEUs set just one month earlier in July. August was up 1.4%
It's important to note that while there has been a general trend of a shift in transporting cargo from the west coast to the east coast. Bloomberg reported West Coast ports could lose up to 10% of ocean cargo to the East Coast. Factors sparking this shift are “logistics bottlenecks, regulatory headwinds, and labor uncertainty.”
The Port Authority of New York and NewJersey, however, didn’t think the short closure and the 19 waiting ships were much worse than backlogs typical following winter storm shutdowns, and was optimistic that operations could recover by as early as the end of this week. America air cargo rates have increased 4% to $1.79/kg
Freight news travels faster than cargo Get industry-leading insights in your inbox. Judah produces the Freightos Group’s FBX Weekly Freight Update and other research on what’s happening in the industry from shipper behaviors to the latest in logistics technology and digitization.
Actionable analytics and meaningful logistics intelligence are essential elements in freight. Since logistics intelligence sources data directly from freight systems in real-time, filling in the gap between your real-world logistics and your supply chain management strategies, it becomes easier to use that information strategically.
Cargo planes could not fly out of or into Russia or Ukraine. Inflation set in for fuel and transport costs, increasing logistics costs as a whole over last year. This was evident with the creation of a new report from the New York Federal Reserve. Cargo capacity exacerbated inventory shortages in the first half of 2023.
The world of supply chain and logistics is changing every day. With how quickly new technology, tips and warehouse management techniques are emerging, wouldn’t it be nice to take a page from someone else’s book? Each one is featured as having done something unique to reinvent their supply chain and logistics.
Shippers, carriers, and logistics service providers will need to make decisions, given the likely scenarios, about how to best serve their customers in a changing business environment. Railroads might need to accommodate greater traffic in particular locations and develop relationships with new customers to serve inland markets.
And now on to this week’s logisticsnews. Airline group says global cargo volume grew 6.9 Earlier this week, FedEx announced a partnership with eight historically Black colleges and universities (HBCUs) to build a pipeline of logistics and supply chain professionals. UPS Q4 earnings jump 35 percent. percent in 2021.
And now on to this week’s logisticsnews. Alphabet’s Wing develops new fleet of drones. FedEx Express introduces new routes between Asia and Europe. percent year on year in June, driven by double-digit surges in New York/NewJersey, Houston, and Savannah, Georgia. We will have to wait and see.
This new Safety of Life at Sea Convention (SOLAS) rule amendment aims to reduce incidents involving containers on board ships, because incorrect declarations of the weight of packed containers is often a contributing factor. By and large, logistics providers and shippers currently avoid getting accurate weights for FCL freight shipments.
And now on to this week’s logisticsnews. The Port Authority of New York and NewJersey has embarked on an ambitious Net Zero Roadmap, outlining a comprehensive strategy to slash greenhouse gas emissions at the New York/NewJersey seaport.
You learn something new every day. And now on to this week’s logisticsnews. Container dwell fee paused at Port of New York and NewJersey. A rise in cargo volumes and idling empty containers led the port to propose a dwell fee in August in hopes it would speed throughput. Railroad strike averted.
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