article thumbnail

This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

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). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

article thumbnail

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

6 River Systems

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. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Continued Disruption and Added Cost Inflation Reflected in Key Global Transportation and Logistics Indices in March and Q1 2022

Supply Chain Matters

Data published at the end of March indicates that for movement of ocean container shipping transit from Asia to North America , the average time had declined to 108 days, upwards of 15.4 The index that tracks ocean container movement from Asia to Western Europe increased to 116 days, reportedly a new record.

article thumbnail

36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

Burlington Coat Factory @Burlington In 2009, Burlington Coat Factory (in partnership with Fortna) transformed its supply chain with new systems and operational processes, optimizing efficiencies and boosting customer service at the company’s Burlington, New Jersey location as part of its 5-year supply chain strategy.

article thumbnail

This Week in Logistics News (January 29 – February 4)

Logistics Viewpoints

Ocado unveils new, lighter robots in grocery delivery push. Airline group says global cargo volume grew 6.9 Companies across North America laid out more than $2 billion for almost 40,000 robots in 2021 to help them contend with record demand and a pandemic-fueled labor shortage. Record robot orders in 2021.

article thumbnail

This Week in Logistics News (January 13 – 19)

Logistics Viewpoints

In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery. Global trade declined by 1.3 million customers.