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On August 13, the DOT announced that Ports in Oakland, Seattle and Tacoma have all been added to its Freight Logistics Optimization Works (FLOW) network, joining the Port of Los Angeles and the Port of LongBeach to round out the five largest West Coast shipping hubs. according to the Walmart Marketplace website. from May’s 2.24
and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. market,” UPS Chief Executive Carol Tomé said in announcing the agreement Monday.
Some companies expect to cut ocean-freight rates by half or more, which in turn could allow retailers to slow or stop price increases for goods. 9, according to Xeneta, a Norway-based transportation data firm, reflecting lower freight demand as retailers cut orders and consumer spending continues to decline.
But SHIFEX, the freight forwarder rate index, recently recorded the lowest ocean freight rate between China and the port of LongBeach in 24 months —a rate of $3,500 to move a 40-foot container. This is an 80% drop year on year drop.
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. America container service loops.
He is the founder and chairman of the annual JOC TPM conference in LongBeach, Calif., TPM 2023 was held February 26 – March 1, 2023, at the LongBeach Convention Center, California. the world’s largest container shipping conference, now 23 years old.
When the ball drops on Times Square to welcome in 2022, the employees at the Port of LongBeach will celebrate moving 9 M TEUs in imports: a 26% increase year-over-year. Freight Rates 2019-2021. I find no agency or entity trying to find a holistic solution to global logistics. We are awash in a sea of self-interest.
Peak season for ocean freight shipping is underway. This blog examines the “red” times, like the roughly three-month period we have just entered that is historically one of the regular disruptors in the ocean freight market. All of this will cause a tightening of space for ocean freight shipping. Regular disruptors. Golden Week.
managing freight and drayage trucking operations for enterprise clients like Amazon, Samsung, and Apple. About Qualle Since launching in May 2022, Qualle has quickly built up a substantial trucker base that spans from the LA and LongBeach ports to New York, New Jersey, Savannah, Houston, and Memphis ports.
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.
If you’ve been following operations at the Ports of Los Angeles and LongBeach in recent years, the trend looks something like this: the Ports continually break new volume records, truck turn times remain high, and officials vow to speed things up. China tariff announcements. China tariff announcements.
Where Freight is Going in 2017. For decades, international freight’s mantra was a simple bigger is better. Sluggish global trade, reduced import volumes and record overcapacity showed that the global freight industry is in dire need of change. “the global freight industry is in dire need of change.”
How do I get shipment X out of LongBeach? But the fact of the matter is, industry leaders who want to avoid crashing their business on the shoals need to balance the daily hand-to-hand combat with some serious, long-term planning. 1 carrier stopping its dealings with even a portion of the world’s freight forwarders?
The Marine Exchange of Southern California has stated on its Twitter page @MXSOCAL ship report a number of records at the Port of LA/LongBeach. The Cass Freight Index for Expenditures showed 42 percent year-over-year growth in August (from a combination of rates and volumes).
The people on the ground–my contacts in the 3PL, freight forwarding and transportation industry–know that the labor strife is only a part of the larger story. Unloading at the western ports of Los Angeles and LongBeach have been an issue for many months. In my interviews, some say August.
He is the founder and chairman of the annual JOC TPM conference in LongBeach, Calif., the world’s largest container shipping conference, now 23 years old. JOC products include PIERS, the world’s most comprehensive database of U.S. Learn More About The Post-Pandemic Supply Chain. Peter’s LinkedIn. S&P Global LinkedIn.
and LongBeach; there was no warehouse space to be had; and trucking capacity was scarce. Because of these and other factors, logisticians began to look seriously at non-West Coast options for their freight and distribution. Around this time last year, every article about the West Coast supply chain painted a dire picture.
The California ports of Los Angeles and LongBeach are extending the hours during which trucks can pick up and return containers as they try to improve freight movement and delays through ports. The Port of LongBeach will take the first step toward a 24-hour, seven days a week supply chain by maximizing nighttime operations.
” “For US carriers, tariffs may introduce new financial pressures that, combined with potential declines in freight volume, will continue to squeeze carrier margins,” the report said. In other notable findings in the report: RAIL: The growth of rail is hindered by inadequate transloading capacity and operators.
Quantifying the Import Impact Importers believe the potential impact on freight volumes to be substantial, with 54% of importers anticipating “serious to significant” reductions in their import activity. Eytan Buchman CMO, Freightos Group Eytan Buchman loves freight so much he shouts out container sizes while he walks around.
We’re currently seeing a major paradigm shift away from mass manufacturing with long lead times being replaced by onshore and nearshore supply chains that are capable of manufacturing, distributing and fulfilling orders on-demand without the friction of ocean freight, labor shortages, and other bottlenecks.” – Alex Phelan, CEO, Merchadise.
The ocean freight industry uses many acronyms to describe a shipment’s routing. Here are some of the most common ocean freight routing terms that are important to know. . For example, a freight shipment from Yantian to Chicago via Seattle would be unloaded on the West Coast and then shipped inland via truck or rail. .
Black Friday Logistics: Brought To You By Ocean Freight. What’s working for ocean freight (and what isn’t). Ocean freight has had a complicated year so far. Beyond speed, one of air freight’s primary advantages over ocean has always been reliability. Ocean freight is cheap. zschreiber.
Volvo Trucks demonstrates truck-platooning technology (LongBeach Post Telegram). CX North America Integrates Its Freight Collaboration Platform With Active Aero Group’s Technology. January 2017 Freight Transportation Services Index (TSI). Coca-Cola Targets Small Retailers With Coke on Demand App (WSJ – sub.
Over the past year, we’ve talked a lot about the logjams at the Port of Los Angeles and the Port of LongBeach and how these have impacted our everyday lives — from holding Halloween decorations at sea and almost preventing last year’s holiday shopping season. Blue Yonder Live video: 1. West Coast Port Congestion Finally Clears Up.
Since two of the re-scheduled ships docked in the twin seaports of Los Angeles and LongBeach over the weekend of September 10-11, demand has surged for vans in the L.A. Those eastbound freight moves will become more urgent, and rates are likely to rise further, as Black Friday draws closer. area, especially on eastbound lanes.
Those components get trucked by the Vietnamese Railways, loaded, and then transported to the Haiphong port, where a freight forwarder ensures the container is loaded on an Ocean carrier. The goods are then shipped to the Port of LongBeach, unloaded, and then trucked to a factory in Fresno.
At JOC ’s TPM in LongBeach last month, no less than fifteen sessions featured technology, digitalization, and freight future-proofing. The venture capital industry is a key player in driving freight digitalization. 2: (Freight) Data Is The New Oil. 3: Feeling The Pain.
Editor’s Note: This is a blog by one of our affiliate partners, Global Vision Group , a Federal Maritime Commission licensed Non Vessel Operating Common Carrier (NVOCC) and Ocean Freight Forwarder (OFF). Is Full container freight not moving? Try moving your most important freight LCL to the East Coast.
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.
Ships continue to hold in the west coast harbors of LA and LongBeach, and the west coast warehouses are full. Hazardous freight is the most likely to get “rolled” at the dock. On the one hand, we should celebrate the fact that the aggregate industry moved 38% more freight in 2021 when compared to 2019.
Determine the optimal scenario that minimizes total production, freight, inventory costs and meets service requirements. Case in point: an industrial goods importer modeled the impact in time and cost of bypassing LongBeach during a slowdown by delivering to a Mexican port and directly railing containers to the central U.S.
Those same words were said when the ports were shut down for 10 days in 2002 , and again in December 2012 when 600 clerks went on strike , shutting down the ports of Los Angeles and LongBeach for 8 days. The ILWU and PMA have always taken a “What’s in it for Me?” Productivity at U.S. ports lags those in Asia and Europe.
When the ball drops on Times Square to welcome in 2022, the employees at the Port of LongBeach will celebrate moving 9 M TEUs in imports: a 26% increase in year-over-year volume. Freight Rates 2019-2021. I find no agency or entity trying to find a holistic solution to global logistics. We are awash in a sea of self-interest.
That might mean diverting from Los Angeles/LongBeach to Canada or Mexico. In-bound freight delivery efficiency can be optimised by consolidating in-distribution hubs and reducing stock levels at country level. However, make sure you have infrastructure at the reliever port, or things might just be worse.
Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. In November 2021, global air freight traffic (measured in tonne-kilometres) saw a 3.7% Bloomberg).
East Asia – April 29, 2025 Update The Freightos Weekly Update keeps you informed on international freight with key economic data, demand trends, and rate insights. In the meantime, reports on the drop in China-US ocean freight demand range from around 30% to more than 50% in the last few weeks. America container service loops.
LongBeach ports emits only water from tailpipe (OCR). For related commentary, see The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend). Apple Gets Permit to Test Self-Driving Cars in California (New York Times). GM to Build Facility for Self-Driving Cars, Add Employees (WSJ – sub.
Through 2020, even in the worst periods of the outbreak, when cargo volumes fell, the same was not true of freight rates due to more diligent operators who better handled their capabilities, slashing capacity on the basis of smooth sailings, minimizing cost, profit margins rather than market share, using lower prices of fuel.
The International Longshore and Warehouse Union is trying to stop the next round of automation at the Ports of LongBeach and Los Angeles because it will eliminate jobs. And freight-forwarder Hellman will begin a pilot next year using 60 UAVs for air cargo operations between 39 airports in 13 European countries, according to Reuters.
Freight Consolidation: Bridging the Gap between LTL and Full Truckload. While both are effective, there is a third option that can provide more opportunity for bottom line savings and increased efficiency: freight consolidation. A consolidation strategy can help get your freight delivered where it needs to be, on your schedule.
While it remains to be seen whether the coming quarter will live up to expectations, there are multiple powerful predictors hinting that the freight market will not wane in intensity over the coming months. Typically, freight experiences a seasonal boom, starting with back-to-school shopping and concluding following year-end holidays.
And, as ocean carriers introduce more blank sailings or skip ports to start improving the reliability percentage, that means the freight that was skipped is now added to the backlog of containers which will flow into the next vessel. Prepare to make tough decisions on what freight is most important to move.
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