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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.
are set to launch on Friday [March 29, 2019], testing whether an old-school industry will embrace a new financial tool designed to protect cargo haulers and shippers against swings in freight rates.” As reported by Alexander Osipovich in the Wall Street Journal , “The first futures tied to the cost of trucking goods across the U.S.
port is that of Philadelphia , which is ranked 50 th globally. Further noted was a statement from the CEO of the Long Beach terminal operator indicating that the automation plan aims to move twice as much cargo with the same workforce. Noted is that according to the World Bank’s Container Port Performance Index 2023 , no U.S.
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. Philadelphia, and Arlington/Dallas/Fort Worth, tied; and 10) Fort Lauderdale and Seattle, tied. The number was down from 40% last year and 44% the year before.
The threatened strike by UPS Freight (LTL) may already be causing shippers to divert their cargo to other channels. Falling lane included: Philadelphia to Boston slipped 16¢ to $3.72/mile. The national average van rate moved down a penny, to $2.09 per mile, mainly because of a 1¢ drop in the fuel surcharge. Hot Markets.
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.
Freight is packaged on pallets or in sturdy cargo containers and moved long distances by multiple modes of transportation like rail, ship, airplane, and truck. Unlike small parcel delivery, the sizes and quantities of cargo in freight are far too large to stack in the back of a UPS truck to reach the end destination.
have many shippers rethinking which strategy they use to approach their inland cargo. For example, a shipment going from Boston to Atlanta may include stops at terminals in Philadelphia and Charlotte along the way. It’s no secret that this has been a challenging year for ground freight. The trucking.
Westbound: The rate from Philadelphia to Buffalo shot up 31¢ to $2.80/mile, Since Christmas, rates are starting to drift down in both directions. Buffalo to Allentown added 27¢ last week, to $3.49/mile mile – but those rates have retreated a bit since Christmas.
The decline is a normal seasonal trend, reflecting a change in the mix of cargo and lanes. NOT SO HOT - Volume dropped last week out of Dallas , Philadelphia , Elizabeth NJ, and Lakeland in Central Florida, but outbound rate trends were not consistent. Potatoes au gratin in the school cafeteria!
We expect to see rates climb in the Southeast in the coming weeks as cargo ships will be diverted from Houston's deep water port to places like Miami, Savannah, and Charleston, and then transferred to other freight hubs in the region, including Memphis, Atlanta, and Greenville , SC. Philadelphia to Boston rates rose 25¢ to $3.53
Expect a rush of reefer demand this week in areas hit by sub-zero temperatures, as shippers attempt to prevent sensitive cargo from freezing. In the Northeast, there's a lot of action in the Philadelphia market, where produce arrives from South America. Apart from Idaho, most of the seasonal action is in imports.
That doesn’t mean that everything is the same as before – some cargo is not moving at all, and other types of freight are moving in higher volume because of pent-up demand. Another secondary effect from the storm was that outbound rates rose in Philadelphia and Buffalo.
The collapse of a section of Interstate 95 in Philadelphia will cause “major disruption” in the region just as the summer travel season begins, US Transportation Secretary Pete Buttigieg said. The agreement paused dockworker job actions potentially through the end of this week.
On the 4th of July in 1777, the first year after the end of the war, there was a massive celebration in Philadelphia that included fireworks. All fireworks that are imported from China are sent overseas in cargo containers and then distributed across the states via multimodal channels.
Located in New Castle County, we are a jump, skip and a hop from cities like Philadelphia, Baltimore and Washington, D.C. The full service port handles about 400 vessels annually with an annual import/export cargo tonnage of more than 6 million tons. Arkieva was founded in Wilmington, DE in 1993.
per mile: Philadelphia to Chicago, at 48¢ for the line haul, plus a fuel surcharge of 52¢ Of course, truckers were spending more than $4.00 Four years ago, I wrote a blog post with a catchy title: "The Death of the Buck-A-Mile Backhaul," where I explained that carriers could no longer cover costs on $1.00 Get Paid More. Spend Less.
Reportedly as of Sunday, 32 vessels have managed to traverse 11 and 14 foot temporary channels, while 11 cargo vessels remain trapped within the port. East Coast ports including the Ports of New York, New Jersey, Philadelphia and Virginia. President Joe Biden visited the site last week and again vowed to help marshal various U.S.
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