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It may be hard to believe given bankruptcies and layoffs , but the number of truck transportation jobs reported by the Bureau of Labor Statistics for May is now higher than it was a year ago. It’s the first month since April 2023 when truck transportation figures from the BLS have surpassed those of the prior year.
The international inbound transportation service is only available to Walmart Fulfillment Services (WFS) sellers that source or manufacture goods in China, and all cargo must be shipped from Yantian, Shanghai, or Ningbo ports. are then directly transported to a Walmart fulfillment center. according to the Walmart Marketplace website.
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. Pete Buttigieg, U.S.
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.
Background on Ocean Transport. 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.
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.
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.
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.
He is the founder and chairman of the annual JOC TPM conference in LongBeach, Calif., Now part of S&P Global Market Intelligence , the JOC Group is the world’s authoritative provider of business intelligence, information and events for trade, transportation and logistics professionals. Peter’s LinkedIn.
The biggest contributor to the increase in the total figure last year was the cost of water transportation, up 93.1% The USBLC compiled by the report’s authors said full truckload transportation costs fell to $387 billion in 2024 from $408.7 That’s an increase of $77.9 billion a year earlier.
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.
According to FedEx, the tight labor market added $450 million to costs, including increased overtime, higher wages to attract workers, and extra spending on transportation. This is adding expenses for new truck routes and additional third-party transportation companies.
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 FreightTransportation Services Index (TSI). Department of Transportation. WSJ – sub.
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.
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. .
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.
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.
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. Logistics checks all of those boxes. 3: Feeling The Pain.
That might mean diverting from Los Angeles/LongBeach to Canada or Mexico. Work with your broker to see if you can get priority on unloading the ship and inland transport. Hold your imports as long as possible before committing to final delivery.
Background on Ocean Transport. 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.
Increased Shipping Costs, Delays, and Transportation Issues. 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. Department of Transportation ).
MacroPoint Announces Platform Integration with JDA Transportation Management Solution. LongBeach ports emits only water from tailpipe (OCR). On the software front, just when you thought “Does the market need another transportation management system (TMS)?” Manhattan Associates Reports First Quarter 2017 Performance.
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.
Even during the epidemic, the shipping industry’s significance in the value chain and the transportation of resources and goods worldwide was emphasized, probably most prominently. It has already wreaked havoc on supply chains, transport networks, and ports, resulting in a sharp drop in cargo volumes.
Other drivers of shortages and price hikes that appear to be moderating include the cost of freighttransportation. The queues of container ships anchored outside the ports of LongBeach and Los Angeles are dwindling, and this should reinforce the easing of product shortages as well as the downward trend in transportation prices.
Because import freight is sitting on docks longer and warehouses receiving containers are backlogged, we’re also seeing a shortage of containers and chassis to move containers. The Port of Los Angeles is joining the Port of LongBeach in doubling operational hours to 24/7. Global Trade and Transportation Execution.
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.
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. Ocean Freight. Air Freight. Ocean Freight. Measuring the Imbalances*.
CombineNet and Transplace Extend Partnership in Delivering Advanced Transportation Procurement Solution to North America. Labor and management work out deal at Port of LA/LongBeach ( Logistics Management ). Con-way Truckload and Con-way Multimodal Join Forces to Launch New Intermodal Service for North America.
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.
December 2014 FreightTransportation Services Index (TSI). Transportation Department pushes tough oil train standards – sources (Reuters). billion of freight under management.” Rand McNally Releases Game-Changing “TND™ Tablet” for Professional Drivers.
SMC³ Acquires Transportation Costing Group. August 2015 FreightTransportation Services Index (TSI). Port of LongBeach sees highest Q3 cargo volume in history (Cargo Business News). Furthermore, DSV will now be truly global within contract logistics and expand into road freight activities outside Europe.
The ports of Los Angeles and LongBeach are vital to the LA economy, not only because they provide a significant number of jobs in the shipping and logistics industries, but also because they give the city itself a competitive edge with regard to shipping times and transportation costs when it comes to operating a global businesses here.
Nearly all goods, bulk, and liquid as well as more obvious commodities, are capable of being transported by this method, whilst specialized containers and new fittings are frequently introduced to an already sophisticated market. ports of Los Angeles and LongBeach which saw their busiest March on record, handling a combined 898,287 TEU’s.
retailers have been pulling forward their 2024 holiday fulfillment inventory needs as a hedge toward deepening global supply chain disruptions, geopolitical developments and rising freight rates. Added Perspectives In June we published a Supply Chain Matters industry commentary titled What’s Up in Exploding Freight Rates.
Rail freight volumes continued to fall at the end of March alongside service outages due to flooding in the Midwest. Ports across the country are updating their progress on clean air goals for both rail and truck transportation. Delta reported a dip in air cargo freight last month compared to March of 2018.
On July 21, truckers working for the Pacific 9 Transportation company went on indefinite strike, causing further congestion problems and delays at the Ports of Los Angeles and LongBeach. The trucking industry is hugely important for the United States’ supply chain— 67% of all freight in the U.S. Strikes and Wage Hikes.
Guest Blogger, Rich Chrzanowski — Container volume at US ports hit an all-time high in 2014 and a DOT transportation study projects volume to more than triple in coming years. Compounding the problem is the emergence of megaships which are taxing the aging infrastructure of US ports leading to long back-ups for trucking.
How Generac Power Systems Cut Millions from Its Global Transportation Spend | Transportfolio. Our team provided North American transportation to Generac at the time. Integrating global freight services was only one challenge. Integrating global freight services was only one challenge.
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.
According to the LongBeach Post News , the Port of LongBeach implemented a 24/7 operations pilot program to go to 24/7 operations on September 21, 2021. The increased port activity movements will have one ultimate impact—more freight ready for OTR transport.
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