Local Sourcing, Global Supply Chain

BluJay Solutions

The recent announcement by Google-owned Motorola Mobility that all new Moto X smartphones sold in the US will be manufactured in Texas, highlights the continued importance of the global supply chain and role of freight forwarders and logistics services providers (LSPs) in successful local sourcing strategies. The post Local Sourcing, Global Supply Chain appeared first on Kewill Corporate.

Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Outbound volumes from Houston also fell 73%, but the rearrangement of supply chains, the difficulty of shipping in the flooded region, and increased seasonal demand in other parts of the country combined to create pockets of tight capacity that put extra pressure on truckload rates. Denver to Houston rose 59¢ to $1.63

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How to Protect Your Freight From Cargo Thieves

GTG Technology Group

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. A few areas with high rates of cargo theft are Los Angeles, New Jersey, New York, Miami, Houston, and Chicago. Sources: [link]. The post How to Protect Your Freight From Cargo Thieves appeared first on GTG Technology Group.

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China Exports Rebound Even as Western Markets Face Lockdown

Logistics Bureau

The huge build-up of containers at China’s docks has created a major ocean freight imbalance, with a shortage of cargo in US and European ports and a shortfall in boxes needed by Western exporters to ship products to other parts of the world. When it comes to air freight, global capacity is down 22 percent compared to last year, with further declines expected. Ocean Freight. Air Freight. Ocean Freight. Air Freight. Ocean Freight. Air Freight.

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What happened to all the Texas freight?

DAT Solutions

In the first half of the year, the spot market in Texas was boiling over, with not nearly enough trucks to cover the growing demand for freight. Demand also cooled out of Houston, the largest flatbed market in the country and the top market supplying Midland and its surrounding counties. Regional van markets like Dallas and Memphis —which send freight to Houston—seem to be impacted by the slowdown in oil drilling as well.

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Summer freight: Calm before the storm?

DAT Solutions

Freight rates have steadily declined since the Fourth of July, but they're still high. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 270 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $57 billion in real transactions. There isn’t much urgency for long-haul freight at this time of year, so a lot of shipping has moved over to rail.

Sun Belt States are Hot for Seasonal Freight

DAT Solutions

Freight markets are heating up in the Sun Belt. Flatbeds saw rising freight volume and rates in the Southwest and a handful of Southeastern markets. Flatbed freight is strongest in the Southeast region, but not in the usual locations. Other warm-weather markets also got a boost last week, including Los Angeles , where outbound rates rose an average of 5¢, and Phoenix , where a big increase in freight volume led to an 18¢ jolt.

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Flatbed Rates and Ratios at Record Highs

DAT Solutions

Much of that activity is centered in the Houston market. The top four flatbed lanes in the country originate or end in Houston: #1 Houston market to Houston market. #2 2 Houston market to Midland, TX market (the Permian Basin). #3 3 Houston market to Dallas market. #4. Dallas market to Houston market. Source: DAT RateView. Source: Macrotrends. Freight Rates

Four Risk Mitigation Actions for Weathering a Stormy Market

TMC

The recent decision by Japan’s three largest container companies to merge their shipping operations is yet another symptom of the volatility that is roiling the freight business. Although container shipping is in dire straits with several other lines at risk of failure or in the throes of restructurings, it is by no means the only source of unpredictability in freight markets. Assess your network’s footprint and freight flows.

What’s on Your Radar? Planning for Less Disruption in the Wake of Severe Weather and Disasters

BluJay Solutions

Source: © 2019 Munich Re, Geo Risks Research, NatCatSERVICE. These critical efforts significantly disrupt typical freight flows in the United States, which was evident after Hurricane Harvey in Houston. What our team has learned from natural disasters is that the resulting tight capacity and increased rates can severely disrupt seasonal freight flows for months.

Van Rates Peak in July, Flatbed Prices Rise in Southeast

DAT Solutions

Spot market freight showed signs of renewed life last week, even though rates slipped lower compared to the week before last. Memphis had more loads last week, as it replaced Houston as the number 3 market for load availability, following Atlanta and Dallas. Also, when demand slacks off for van and reefer freight, there are more trucks available. DAT Flatbed TriHaul of the Week: Houston - Oklahoma City - Ft Worth - Houston.

Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. Imagine you are at your desk in Houston and you need to determine whether a completed order left the warehouse in China. Reroute freight to account for increased demand or last minute outages within the supply chain. Have the service provider clear their dock daily and bring freight to a consolidation point for shipment.

Conducting Business in India? Chances Are that You Could Be by 2025

CH Robinson Transportfolio

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. There are three countries that conduct in excess of 500 billion dollars of bilateral trade with the United States. Only one of them is outside North America: China. But there is another country that’s making a strong case to join that elite group.

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How Natural Gas and Plastics Impact the Truckload Spot Market

DAT Solutions

Those effects have been more dramatic since August 2016, with the new construction adding to the stronger-than-usual start to the year for flatbed freight. That’s a lot of freight for railroads and trucks alike. The Houston Hub. Houston is in the middle of all of it. Construction and the oil industry are major drivers for flatbed freight, and the Houston market already holds the number 1 position for spot flatbed loads.

How to Expand Your Global Shipping to Meet Growing Indian Markets

CH Robinson Logistics

Congested ports, complicated regulations, less than optimal modal capacity, undesirable taxation regimes, dilapidated roads, and overall operational inefficiencies are constant sources of anxiety within the business community. A TMS can also keep track of Indian regulations, which may change as markets grow, so that shippers can ensure their freight is compliant. There are three countries that conduct in excess of 500 billion dollars of bilateral trade with the United States.

Harvey and Irma’s Effect on the Logistics Industry

GTG Technology Group

Houston is a Major Transportation Hub. Harvey flooded Houston, turning the fourth largest city in the U.S. Here’s why Houston is so significant to transportation: Most goods transported from Mexico and South America go through Houston before being routed to their end destinations. Most of Houston’s refineries shut down during the storm. Large amounts of rail freight had to be diverted to trucks, further tightening availability. Sources: [link].

Letter from the CEO: Coronavirus Market Update

Transplace

The major lanes between Houston/LA (I-10 Corridor), Chicago/Ohio, NJ/Eastern PA, and Atlanta remains the same with ample capacity however lead times have shortened. Spot market rates are increasing for freight going from Mexico to the California, Washington, and Oregon areas. Port of Houston is experiencing equipment shortages. Cast a wider net to source capacity for a “better safe than sorry” approach due to unknown surge volumes.

New Panama Canal Options: Running the Numbers with a TMS

TMC

These enterprises are no longer reliant on the Suez Canal route for shipping freight on Post-Panamax container vessels to the United States. The trade-offs are especially critical for destinations in a “battleground” region that stretches from Detroit in the north to Houston in the south. The expanded Panama Canal has added many variables to freight transportation equations. New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC.

REPOST: Why Chattanooga is the Silicon Valley of Trucking with Craig Fuller

The Logistics of Logistics

Craig Fuller is CEO and Founder of FreightWaves, the only freight-focused organization that delivers a complete and comprehensive view of the freight and logistics market. I think the next generation of venture capital will be in places like Detroit, Des Moines, Houston, Cleveland, etc.

Is the spot market sputtering or stabilizing?

DAT Solutions

Reefer volumes have fallen, though, and that's also kept van rates in check since reefer trucks compete for van freight during slow periods. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

Is the spot market sputtering or stabilizing?

DAT Solutions

Reefer volumes have fallen, though, and that's also kept van rates in check since reefer trucks compete for van freight during slow periods. DAT load boards provide the largest and most trusted digital freight marketplace in the trucking industry, with more than 256 million loads and trucks posted annually, plus insights into current spot market and contract rates based on $60 billion in real transactions.

26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source. Charles Marrale is the COO of Exfreight Zeta , an international freight forwarder headquartered in Lake Worth, Florida.

Why Chattanooga is the Silicon Valley of Trucking with Craig Fuller

The Logistics of Logistics

FreightWaves is the leading Freight Intel provider, offering current digital intelligence and context to the freight community on a central platform. [03:50] I think the next generation of venture capital will be in places like Detroit, Des Moines, Houston, Cleveland, etc. People call it the Bloomberg of freight. 47:10] Let’s say I’m a little trucking company or freight broker. If you’re a freight broker, it’s about price and capacity discovery.

Loads and Rates Rise as Month Ends

DAT Solutions

Van rates rose sharply last week in Los Angeles and Stockton , and rates are rising in Dallas and Houston , although they’re still not great. Every region has at least one Hot Market for flatbed freight. In the South Central region, Houston is the biggest source of flatbed loads, and rates rose 30¢ to $2.38 per mile last week, in both directions between Houston and New Orleans.

Flatbed Demand Skyrockets. Why?

DAT Solutions

Fossil fuels aren’t the only energy source fueling flatbed demand. It’s no surprise that Texas has the top three markets for spot market flatbed freight in the country: Houston, Dallas and Fort Worth. Source: American Wind Energy Association. Construction has always been a major source of flatbed freight.

Everyone Is Sick of the 3 Worst Bottlenecks in America

GTG Technology Group

The next four worst bottlenecks are located in the Houston, TX area. As our population increases, so do our demands for every day goods – and therefore our freight traffic. Sources: [link]. Bottlenecks are the bane of truckers everywhere. Across the United States, they’re wasting thousands of hours of drive time and causing safety hazards for people on the road.

This Week in Logistics News (August 28 – September 1, 2017)

Talking Logistics

Freight Companies Scramble to Reroute Goods in Wake of Harvey (WSJ – sub. Port Houston Container Terminals to Resume Operations Friday (WSJ – sub. LevaData to Transform Strategic Sourcing for Global Procurement and Supply Chain Leaders. The rains and winds of Tropical Storm Harvey are over, but the impact of the storm on the residents of Houston and the surrounding areas will continue for some time.