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This Week in Logistics News (May 21 – 27)

Logistics Viewpoints

North American Transborder Freight up 23.8% The more cautious outlook is driven by wage and inflationary pressures, as well as increased freight costs. Participating stores will house a DroneUp delivery hub inclusive of a team of certified pilots, operating within FAA guidelines, that safely manage flight operations for deliveries.

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Freight Volume Rebounds to Pre-Pandemic Levels

Zipline Logistics

As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Even New York has taken steps to reopen portions of the state that have been less affected by the virus than N YC. . Th ese conditions have caused a more favorable freight environment.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

This increase is a result of many states loosening or completely lifting virus guidelines for businesses. Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Warehouses in New York and New Jersey are reopening in the next 30 days.

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Don’t Get Caught Off-Guard: Preparing for July 2016 SOLAS Shipper Mandates

Talking Logistics

Prior to GT Nexus, Michelle was Vice President of North America for Inttra and Vice President of Sales and Business Information Systems for Maritime Direct in New York City. Shippers, beneficial cargo owners or non-vessel-operating common carriers (NVOCCs) are responsible for verifying weights. Michelle earned a B.A.

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Is The Freight Industry Ready For SOLAS?

Freightos

Is The Freight Industry Ready For SOLAS? In the run up to the July 1, 2016 requirement that there must now be a verification of the gross mass of packed containers, Freightos research has determined that only one third (36%) of FCL freight quotes are still being saved with a weight. But the range balloons out when comparing companies.

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Why investors are looking at supply chain technologies in 2020

Requis

A company we’ve been working with has just landed Walmart, who wants to make sure that its 40,000 suppliers are following the guidelines.”. For example, the classic freight transaction has 18 steps from RFQ to final payment, and so many of them are not automated. Disposition is a little trickier,” he says.