Panama Canal: One Year Later

Supply Chain Link

billion Panama Canal expansion project was completed. Global Supply Chain Transportation Freight Forwarding Ocean TransportationThis time last year, the $5.25

New Panama Canal Options: Running the Numbers with a TMS

TMC

New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC. When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Global TMS Technology Global Transportation Panama Canal

Panama Canal Expansion Boosts Freight in an Unexpected Place

DAT Solutions

The Panama Canal opened a new lane for larger ships this week, and East Coast ports have been expanding efforts to attract Asian imports that would otherwise arrive on the West Coast. Expansion at the Panama Canal, pictured above, has led to a business boom in South Carolina.

Freight Rate News November 2015

Freightos

Wouldn’t it be amazing if someone could cut through the hype and summarize the key freight and logistics trends every month? Short Term Medium Term Special Feature Carriers & Cargo Innovation Freightos focus November 2015 freight and logistics trends that rate.

Are Sea Ports Ready For Future Freight?

Supply Chain Link

More than over $6 billion dollars’ worth of freight moves through the sea ports in the United States every day 1. The Panama Canal expansion has ignited many sea ports to update their infrastructure to accommodate an expected increase in freight volumes.

10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. Freight Insights

10 Controversial Freight Predictions for 2016

Freightos

10 Controversial Freight Predictions For 2016. Data savvy shippers are collaborating with other shippers to reduce spend, crunching big data to benchmark freight rates to make the right freight decisions. Freight Industry Is Finally Online. Freight Insights

Everything You Need to Know About El Niño and the Panama Canal Restrictions

Elementum

What’s Happening in Panama? On August 7th, Panama’s government declared a state of emergency due to an extreme drought. As a result of the drought, Panama’s busy canal has seen its water level sinking. The Panama Canal is a hugely important passage for global trade routes.

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Ocean Freight Routing Terms Explained

Material Handling & Logistics

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. . At first glance, this freight forwarding term might seem interchangeable with IPI.

6 Things to Consider as You Plan Your 2016 Budget

Talking Logistics

Panama Canal Expansion. The Panama Canal expansion, slated for completion this spring, will impact logistics in a big way. You can read more on the topic in our recent white paper, Wide Open: How the Panama Canal Expansion Is Redrawing the Logistics Map [DK1] , which was written collaboratively with Boston Consulting Group. Robinson ocean transportation Panama Canal Safety of Life at Sea SOLASThe start of a new year means budget planning is likely back on your agenda.

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Panama Canal Expansion

3PL Insights

The Panama Canal was originally constructed as a way to increase maritime trade in the Americas, and it is the largest American engineering feat undertaken in history. And now, over a century after its original completion, the Panama Canal has once again been expanded.

Panama Expansion

3PL Insights

WILL THE PANAMA EXPANSION AFFECT YOU? by Derek Byrd – Marketing Manager, Evans Distribution Systems In 2014, the Panama Canal will complete a $5.3 billion expansion that will double the waterway’s capacity, and allow... The post Panama Expansion appeared first on 3PL Insights - Warehousing, Transportation, and Logistics. 3PL Freight Management Logistics Virginia

Will the New Panama Canal Save the Shipping Industry?

Elementum

The expansion of the Panama Canal, which handles about a third of Asia-to-US trade, is poised to boost trade and shipping services by shortening the one-way journey by sea from Asia to the U.S. While ship transits through the Panama Canal rose 3.7%

Lessons to Glean From the West Coast Port Dispute

Supply Chain @ MIT

But the implications of this standoff between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association go beyond idle ships and stranded freight containers. Limited options on the West Coast without new thinking?

How to Change the Freight Industry

Freightos

Today I’m proud to announce that Freightos is releasing a private beta version of an online freight marketplace — an Expedia for freight shipping — and that we have closed a Series B round of $14 million dollars to power global growth. International freight started with the Silk Road.

Logistics Technology Q2 2017 Roundup

Freightos

For enterprise forwarders and carriers, the marching orders for Q2 appeared to be freight visibility, as a number of companies unveiled solutions to enhance cross-supply chain visibility of shipments. Freight InsightsLogistics Technology Q2 2017 Roundup.

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Six Logistics “Facts” That Are Wrong

Freightos

Six Freight “Facts” That Are Wrong. And the freight industry is no exception. This post looks at six freight “facts”, and what makes them more fiction than fact. When it comes to freight, it’s the personal touch that shippers are looking for in their third party logistics relationship, right? Construction work to widen the Panama Canal. The New Panama Canal Means Larger Ships Docking In New York. Online Freight Sales Platform Are A Threat.

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This Week in Logistics News (October 9-13, 2017)

Talking Logistics

I’m on borrowed time this morning, so let’s go straight to the supply chain and logistics news that caught my attention this week: DAT Freight Index Hits All-Time High in September. The Panama Canal’s Big Bet Is Paying Off (WSJ – sub.

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Complex costs of transportation

Supply Chain Movement

10 questions about Freight Spend Management. There are numerous ways a shipper can reduce freight spend. And freight costs are continuing to rise, pushed upward by factors such as globalized distribution and unpredictable fuel prices. Checklist Freight Spend Management.

A Gloomy Future for the Port of Los Angeles?

The UCLA Anderson Global Supply Chain Blog

In June 2016, the Panama Canal will double its capacity, and this capacity expansion will undoubtedly reshape the freight flows around the globe, including those transiting through the Port of Los Angeles (click here for a past blog related to this subject). [link] /. Guillaume Roels.

Current State of the Capacity Crunch

Cerasis

Shippers are focusing on using dimensional pricing to cut down on wasted space, and consolidation of freight has become the new buzzword. Although capacity is tight, especially considering the number of carriers who are prioritizing freight to boost production, reports Roger W. Yet, contractual parties, such as third party logistics providers ( 3PLs ) are expecting increases in freight of between 2 and 3 percent from 2015.

6 Things to Consider as You Plan Your 2016 Budget

CH Robinson Transportfolio

Panama Canal Expansion. The Panama Canal expansion, slated for completion this spring, will impact logistics in a big way. Freight Services Global Transportation Logistics Supply Chain Supply Chain Consulting

How General Average Could Ruin Your Ocean Cargo Deliveries

CH Robinson Transportfolio

When this happens, all the merchants with freight on the vessel are required to share in the cost of the expenditure before the goods are released. Imagine that a carrying vessel is on a laden voyage from ports in the Far East to ports in Panama and the U.S.

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Air Cargo Got It Wright: 9 Incredible Air Cargo Facts

Freightos

4 Longest scheduled air cargo route: Dubai to Panama City (Emirates). Coming up in February 2016, Emirates are starting a regular 8,588 mi (13,821 km) service between Dubai, UAE and Panama City, Panama. million tonnes) of loaded and unloaded freight. Be a freight hero.

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This Week in Logistics News (July 13-17, 2015)

Talking Logistics

Cass Freight Index June 2015 Report. It’s crazy to think that freight going all the way from Asia to Eastern and Gulf ports is the best option for some importers, but China is actually the main instigator behind the supply chain shift. My 15 year old Subaru has a parasite.

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What’s Looming for Transpacific Ocean Shipments this Peak Season?

CH Robinson Transportfolio

gulf region due to Panama Canal restrictions. In fact, there were some instances where vessels had to unload cargo in Panama to get through the canal. Diversification in your carrier selection lowers your risk of freight delays or cancellations.

Experts Reveal Top Transportation Trends to Watch

Supply Chain Opz

James Winebrake, Dean of College of Liberal Arts, Rochester Institute of Technology There are a number of important trends happening in the freight industry, spanning all modes of transportation: trucking, shipping, rail, pipeline, and air. for example, many of the east coast ports have expanded exponentially over the past decade in preparation for the Panama Canal expansion; however, it is unclear whether increased activity in the canal will lead to more business for these ports.

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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. Consider, for example, the Panama Canal puzzle. Assess your network’s footprint and freight flows.

Global Logistics—January 2015

Inbound Logistics

United States gives Mexican truck drivers the green light for cross-border moves; Uber pilots cargo service in Hong Kong; Latin American rail freight market ripe for investment; Panama Canal Authority restructures its toll system; Turkey and Iran toil over truck fees; Global airfreight market set for steady growth; Lithuania railroad faces antitrust inquiry over competitive switching practices

More Challenges for the Transportation Network: Day 2 of the SCRC Meeting

Supply Chain View from the Field

For example, the widening of the Panama Canal will change the conditions here in North Carolina, as enormous container ships will be circumnavigating the globe. And in Panama a huge transshipment area will grow where they will will do break bulk, put cargo onto smaller ships and send to North America. The railroads had lost most passenger business, and freight business was regulated and operating at a loss.

Rail Intermodal Rates Reflect Truck Trends

DAT Solutions

As you may already know, DAT collects data on truck freight transactions, as part of the company's role as the largest provider of load boards and truckload rate data. A lot of the lost rail freight just isn’t truck-competitive. Freight Rates

Top 10 Talking Logistics Videos and Posts in 2015

Talking Logistics

The Panama Canal Expansion: The Impact on Logistics Strategies and Operations (2,057 views). The Rebirth of Transportation Marketplaces (UberCARGO, Cargomatic, and Freight Friend).

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Trending: Effects of West Coast Ports Labor Dispute

Creating Supply Chain Excellence

Blog Post: Who Will Win the Race for Freight in the Panama Canal Expansion? By Chris Ferrell. Director, Tompkins Supply Chain Consortium. Retailers are paying close attention to labor disputes threatening to bring a stop to imports coming in to West Coast ports.

What’s Your Plan if There’s a West Coast Port Strike?

CH Robinson Transportfolio

Consider moving critical products via air freight and/or using a sea-air option to minimize the impact of increased costs. There is also a good possibility that carriers might discharge cargo at the main transship points of Panama, Cartagena, and Colon and declare force majeure.

Port of Los Angeles: Disintermediation and Other Risks

The UCLA Anderson Global Supply Chain Blog

Its proximity to the Port of Long Beach creates a maritime cluster that supports flexible supply chains with ready access to 14 major freight hubs across the US. Several key threats are noteworthy: Competition: Panama Canal expansion: it's expected to be completed in 2015; there's already been some debate about how it will affect LA, for instance, an LA Times article in 2011 predicted a 25% decrease in business for LA.

Global Logistics—January 2015

Inbound Logistics

United States gives Mexican truck drivers the green light for cross-border moves; Uber pilots cargo service in Hong Kong; Latin American rail freight market ripe for investment; Panama Canal Authority restructures its toll system; Turkey and Iran toil over truck fees; Global airfreight market set for steady growth; Lithuania railroad faces antitrust inquiry over competitive switching practices

A Model for Transporting Goods in Brazil

Supply Chain @ MIT

Since taxes are paid on the value of the product plus freight and other costs, high-value goods such as luxury items are particularly sensitive to these logistics factors. Prior to the project, Panama as a consolidation center was an obvious choice due to its proximity to Brazil.