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Montreal-based ENERGY Transportation Group opens Chattanooga office

The Supply Chain Journal

On Tuesday , ENERGY Transportation Group, an asset-based third-party logistics firm headquartered in Montreal, announced the opening of its brokerage division in Chattanooga, Tennessee, furthering its penetration into the North American transportation ecosystem.

Ocean freight shipping exchange Nyshex nets $15M in latest round

The Supply Chain Journal

Facilitator of two-way committed ocean contracts New York Shipping Exchange (Nyshex) announced Wednesday it has raised $15 million in a recent funding round. The company plans to build out its technology for freight forwarders and improve its audit and payment systems.

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Supply Chain Sustainability Gathers Steam

Logistics Viewpoints

The global supply chain is routinely beset by challenges, both large and small, but the past couple of years have delivered a string of significant logistics disruptions that have threatened to upend the tightly choreographed dance of global freight transportation.

ITF Group offers Pop-up Fulfillment Pod solution for small shippers

The Supply Chain Journal

Louis-based ITF Group, a tailored-solutions 3PL with its own assets and warehouses that was featured on a recent episode of WHAT THE TRUCK?!? Logistics/Supply Chains Sponsored Insights WHAT THE TRUCK?!? According to April data from the U.S.

Environmental groups take aim at retail giants as ocean freight polluters

The Supply Chain Journal

government to go beyond its April pledge that required the ocean freight industry ship emissions-free by 2050. Pollution fees should also be imposed that would be used to fund new low-emission technologies, the groups said.

Shipper group pressures Congress to clamp down on ocean carriers

The Supply Chain Journal

A request by the nation’s oldest industrial shipper group to expand federal oversight of commercial contracts between ocean carriers and their customers was swiftly rejected by the organization representing most of the world’s ocean carriers. importers World Shipping Council

What is the Ship Recycling Transparency Initiative?

The Supply Chain Journal

Building vessels to haul large loads of freight across the world’s oceans for years requires extensive time, materials, labor and energy. Confronting those types of issues is the goal of the Ship Recycling Transparency Initiative (SRTI), an independent platform hosted by the SSI.

CSR Initiatives in the Global Supply Chain

The Logistics & Supply Chain Management Society

The global supply chain industry has by default, a large environmental impact, through its carbon footprint. As part of the CMA CGM Group, CEVA Logistics has a global reach, which means that we can make a global difference. Photo Credit: Changi Airport Group.

Southwest coalition seeks to connect supply chains ‘growing chaotically’

The Supply Chain Journal

Supply chain stakeholders are forming a coalition in the southwestern U.S. The group is seeking participation from landowners, developers, transportation and energy service providers, local leaders and planners, and shippers and ocean carriers, among others.

Wanted: Supply Chain Architects!

Supply Chain Shaman

Manufacturing is the foundation of my interest in supply chain management. Supply Chain and Design. This was the beginning of my journey from manufacturing to understanding larger supply chain concepts. Much to my chagrin, when I entered into the world of supply chain, the processes of source, make and deliver were usually not designed. Figure 1: Definition of the Supply Chain Organization.

Freight costs, inflation hit health care supply chain

The Supply Chain Journal

The story: The high price of freight and raw materials continues to be a major problem for a number of companies in the health care supply chain. There’s not enough supply based on the V-shaped recovery. The price to ship a container from Asia to the U.S.

Exporters ratchet pressure on Biden to take on shipping challenges

The Supply Chain Journal

A historic peak shipping season with significant container ship backlogs is being used by a coalition of U.S. The coalition noted that the cost to ship a container has increased between 300% and 500% in the past two years, causing U.S.

Amazon Supply Chain Innovation Continues

Logistics Viewpoints

Three years ago, my colleague Steve Banker wrote an article about the Amazon supply chain , asking if it was the most innovative in the world. How do each of these drive the Amazon supply chain? million shares of Air Transport Services Group (ATSG).

Ultimate COVID-19 Supply Chain Resource Roundup

Freightos

As COVID-19 spreads and nations across the globe take measures to contain it, the impacts to the supply chain have been dramatic, fast-changing, and many. Finally, you can always get free access to our Freightos Baltic Index daily freight index here. UPS Supply Chain Solutions.

CMA CGM caps its rates. What does this mean for container shipping?

The Supply Chain Journal

Since the beginning of 2021, container shipping spot freight rates have continued to rise due to port congestion and the major imbalance between demand and maritime container transport effective capacity,” said CMA CGM.

Are you shipping me?!? $32,000 container move from China to LA

The Supply Chain Journal

The blows to the global supply chain never seem to end in 2021, resulting in delays that have sharply reduced the system’s effective capacity and put upward pressure on shipping rates that began reaching record highs months ago. Typhoon In-fa is causing shipping delays in China.

Amazon supply chain management pushes retail to the limit

Kinaxis

When it comes to supply chain excellence, particularly in the retail sector, there is one behemoth dominating the landscape: Amazon. Amazon supply chain management is driving innovation and change at a pace that’s putting the pressure on other businesses to find a way to keep up, or fold. It has leased 20 Boeing 767 aircraft to shuttle goods around the US, and helped ship at least 150 cargo containers from China since October 2016.

What is LTL Shipping?

SupplyPike

Learn about: Less-than-truckload (LTL) shipping Advantages of LTL Factors determining shipping rates. Less-than-truckload (LTL) shipping is a system of transporting a smaller shipment than a typical truck filled with one order. Get better shipping rates. Freight Class.

What is Reverse Logistics and How Can It Help Your Supply Chain?

CH Robinson Logistics

Today, retailers and supply chain professionals need to have a plan in place to minimize waste and cut down on inefficiencies in reverse logistics. Reverse logistics refers to any portion of the reuse of products and materials in a supply chain.

FreightWaves LIVE recap: Obstacles facing ocean shipping to last into 2022

The Supply Chain Journal

DETAILS: A discussion on delays in ocean freight shipments and how to best manage the challenges. INTERVIEWER and SPEAKER: Trey Griggs, VP of sales with Lean Solutions Group , and Dan Kopp, CEO of ITG Transportation Services.

LTL and FTL Shipping: Which is Best for You?

SupplyPike

Learn about: Key differences between LTL and FTL shipping Shipping options offered by Walmart. Did you know that you do not have to hire and pay for a full truck if your freight is much less than a truckload? Choosing the right shipping method depends on a number of factors.

Are Ocean Freight Prices Absolutely Broken?

Freightos

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. . Shipping containers are like scotch. . Is ocean freight pricing broken? COVID-19 Freight Insights Logistics Technology

Shipping Little Liberty

The Supply Chain Journal

Just like with freight, capacity needs to meet demand, and insofar as parking goes we are lagging far behind. In fact, its location on Bedloe’s Island in New York Harbor was selected for its visibility to passing ships entering the land of opportunity. Freight’s greatest horror stories.

The Vaccine Distribution Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. It is an incredible task that won’t happen without careful and well thought out planning and execution of the Supply Chain. What is the Vaccine Distribution Supply Chain? The Vaccine Distribution Supply Chain.

‘The best quarter ever’ for container shipping giant Maersk

The Supply Chain Journal

The heightened focus on long-term contracts — first reported by American Shipper in March — comes amid a period of historic freight-rate and cargo-demand strength. “It Group Q1 2021 earnings before interest, taxes, depreciation and amortization (EBITDA) was $4 billion, up 166% year on year.

Kuehne + Nagel hits Q2 home run amid supply chain uncertainty

The Supply Chain Journal

The third-party logistics provider became the largest global air freight forwarder with the $1.1 stake in the Apex subsidiary to Partners Group. Earlier this month, K + N agreed to acquire Salmosped AS, an Oslo, Norway-based freight forwarder specializing in seafood transportation.

Are Ocean Freight Prices Absolutely Broken?

The Logistics & Supply Chain Management Society

Special thanks to Lars Jensen, CEO at Sea Intelligence Consulting and Zvi Schreiber, CEO of Freightos Group for their input and insights for this report. But decisions about how many barrels to produce or how many ships to sail have to be made in advance.

Driver Shortage, Driverless Vehicles, and Other Supply Chain Curiosities

Logistics Viewpoints

Driver shortages have become even more of a reality in the supply chain industry for a number of reasons, chief among them being the sharp rise in demand. As driver pay increases, so does the incidence of drivers jumping ship, switching companies for the next best payday.

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. DB Logistics Group).

What are Freight Management Services?

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. What’s the Difference Between Freight Management and Logistics Management? Freight Management services article and permission to publish here provided by Saheer Gurjot. Why is freight management important?

Supply chain congestion weighs on US rail intermodal volumes

The Supply Chain Journal

Issues weighing on the supply chain — labor and chassis shortages and congestion — are contributing toward a downward trend for U.S. Union Pacific CFO Jennifer Hamann confirmed at a Cowen investor conference that supply chain challenges are impacting UP’s ( NYSE: UNP ) rail volumes. .

Visibility in Transportation Management Leads to Supply Chain Excellence

Talking Logistics

With visibility as the key driver for an effective supply chain improvement strategy, businesses today must rely on building collaborative relationships in their extended supply chains to gain visibility from end-to-end. And as supply chains continue to grow, diversify and become increasingly global, total insight, oversight and foresight will become increasingly critical. Freight Cost Management eliminates post-audits and disputes.

FedEx and Freightos – Improving Digital Freight Together

Freightos

About half the products we buy in stores are imported, which means they not only went through a complex shipping process, but also had to be cleared through customs before they could be sold to us. . Freightos.com already makes international shipping easy.

Amid freight congestion, Matson launches fast-boat service to Oakland

The Supply Chain Journal

SEKO has left no stone unturned in trying to arrange freight transport for its customers, including reserving an entire vessel for several months. The Israel-based shipping line pulled back spring plans to start an express service to Oakland when congestion flared up there. Matson Inc.

Digital Procurement Improves Supply Chain!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Preparing Business for the Digital Supply Chain! The Hackett Group has recently released their analysis of their procurement benchmarking database. rate of peer group companies. Subscribe Here! Email Address.