Freight: Page 15
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Freight turnaround might take until 2025: analysts
Higher interest rates and tepid spending are dragging down the long-term forecast, speakers said at the Journal of Commerce Inland Distribution Conference.
By Larry Avila • Oct. 2, 2023 -
Opinion
Proposed changes to de minimis law threaten supply chains
Preserving economic benefits of trade facilitation and improving national security require partnerships and technology.
By Todd Owen • Oct. 2, 2023 -
Port of Virginia cargo volumes drop 16% in August
Despite lower annual container volumes during the month, the port saw total TEUs rise 12% when compared to 2019 levels.
By Alejandra Carranza • Oct. 2, 2023 -
Port of New York and New Jersey cargo volumes drop 21% in August
The year-over-year drop comes as retailers continue drawing down overstocked inventory, according to the seaport.
By Alejandra Carranza • Oct. 2, 2023 -
Retrieved from Northwest Seaport Alliance on September 20, 2023
Northwest Seaport Alliance international cargo volumes dipped 22% in August
Although container volumes dropped YoY, the total amount of TEUs processed increased compared to July.
By Alejandra Carranza • Sept. 29, 2023 -
Zipline’s drone delivery plans expand with key FAA exemption
The company joins the likes of UPS in being able to operate commercial drones beyond the visual line of sight.
By Kelly Stroh • Sept. 27, 2023 -
Union Pacific speeds up cross-border intermodal transit times
Railroads are seeking competitive advantages like faster service to secure business from the rising nearshoring wave.
By Larry Avila • Sept. 26, 2023 -
Port of Oakland cargo volumes drop 15% in August
Shippers are still adjusting shipments to match current demand, a port executive said.
By Alejandra Carranza • Sept. 22, 2023 -
FedEx gains volume from UPS labor talks, Yellow bankruptcy in Q1
The carrier added 400,000 more packages a day by August's end as shippers fretted over a potential UPS strike.
By Max Garland • Sept. 21, 2023 -
Retrieved from Port Houston on September 20, 2023
Port Houston container volumes decrease 20% in August
The drop marks the highest decline of the year so far, but follows a record August 2022 and July 2023.
By Alejandra Carranza • Sept. 21, 2023 -
Port of Los Angeles sees the first volume increase in 13 months
Container volumes at the port were up 3% YoY in August.
By Alejandra Carranza • Sept. 19, 2023 -
Retrieved from Maersk on September 18, 2023
Amazon, Maersk renew biofuel shipping partnership
A new wrinkle in the logistics giants' ongoing efforts is the ability for Amazon to move goods on methanol-enabled ships.
By Alejandra Carranza • Sept. 19, 2023 -
Canadian National, Norfolk Southern add US-Canada intermodal service
The railroads’ joint venture will provide connections from Kansas City and Atlanta to several points across Canada beginning Oct. 2.
By Larry Avila • Sept. 19, 2023 -
Port of Long Beach cargo volumes dip 15% in August
Despite the year-over-year declines, port officials say total TEUs handled so far this year are in line with pre-pandemic figures.
By Alejandra Carranza • Sept. 19, 2023 -
Dollar General to grow private fleet to 2,000 trucks by year’s end
The discount retailer’s private fleet now handles nearly half of its outbound transportation needs.
By Larry Avila • Sept. 18, 2023 -
FMC asks shippers, transportation providers to weigh in on data initiative
Questions for stakeholders focus on data-sharing and the costs of current constraints.
By Alejandra Carranza • Sept. 12, 2023 -
Target offers more details on its delivery strategy
The retailer opened its 10th sortation center and is testing larger vehicles for delivery.
By Catherine Douglas Moran • Sept. 8, 2023 -
Retrieved from Dollar General on September 05, 2023
Dollar General automates South Carolina distribution center
The technology will enable the retailer to process thousands of additional SKUs from its warehouse and improve storage.
By Alejandra Carranza • Sept. 8, 2023 -
STB proposes reciprocal switching rule in push for improved rail service
The new rule would provide shippers a path to switching shipments to another nearby railroad if service levels are not adequate.
By Edwin Lopez • Sept. 7, 2023 -
Joann eyes $60M in product cost savings as suppliers offer concessions
The craft retailer thinks it can cut $200 million in business costs, the bulk of which comes from its supply chain as inflation eases.
By Ben Unglesbee • Sept. 7, 2023 -
Barge rates pressured by low Mississippi River water levels
Increased shipping restrictions and higher prices could be “especially problematic” as corn and soybean harvests advance, the USDA reported.
By Sarah Zimmerman • Sept. 7, 2023 -
Industry leaders react to West Coast ports contract ratification
Port leaders and government officials expressed relief at the approval of a six-year deal.
By Kelly Stroh , Alejandra Carranza • Updated Sept. 7, 2023 -
Retrieved from Norfolk Southern
Norfolk Southern says train backlog recovery may take weeks
The railroad reported that a defect in its vendor software caused its systems to become unresponsive.
By Larry Avila • Sept. 1, 2023 -
ILWU ratifies 6-year contract
Approval of the contract ends more than a year of uncertainty surrounding West Coast ports and fears of a possible strike.
By Alejandra Carranza • Sept. 1, 2023 -
Burlington drives down freight costs in Q2
The retailer renegotiated freight contracts and leveraged lower fuel rates to cut transportation costs.
By Alejandra Carranza • Aug. 31, 2023