Letter from the CEO: Coronavirus Market Update

Transplace

Some LTL carriers are embargoing certain shipments to Philadelphia as the city of Philadelphia is only accepting goods for 11 “essential business” types that will remain open. Cargo flows and ship calls are rebounding in China. Letter from the CEO: Coronavirus Market Update.

Canadian cargo boosts Buffalo

DAT Solutions

Westbound: The rate from Philadelphia to Buffalo shot up 31¢ to $2.80/mile, and that rate continues to rise as we get closer to the end of the quarter and the year. If you're covering a load from Buffalo, NY, there's a good chance it actually originated in Canada.

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This Week in Logistics News (March 25-29, 2019)

Talking Logistics

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.”

Van freight gears up for the holidays

DAT Solutions

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 West Coast continued to drive spot market demand last week.

Welcome to Wilmington!

Arkieva

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.

Organized Retail Crime is Growing, Losses up 7% from Last Year

Material Handling & Logistics

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 Fireworks Supply Chain

Shipchain

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.

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Few hot spots remain for reefers

DAT Solutions

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.

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How Will Hurricane Harvey Affect Freight Rates?

DAT Solutions

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.

Freight Abounds, but Rates Return to July Levels

DAT Solutions

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.

Here's How Hurricanes Irma and Harvey Have Affected Van Freight

DAT Solutions

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.

How to Survive a Buck-A-Mile Backhaul

DAT Solutions

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