Freight: Page 34
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Guang Niu via Getty Images
Meishan Terminal in Ningbo resumes operations
In-gate, out-gate and berthing activity have all restarted at the gateway after two weeks of lockdown.
By Matt Leonard • Updated Aug. 18, 2021 -
Stefani Reynolds / Stringer via Getty Images
Ocean Shipping Reform Act heads to Biden's desk
Lawmakers voted on the Senate version of the bill days after the president pushed for its approval.
By Matt Leonard • Updated June 13, 2022 -
Justin Sullivan via Getty Images
Ocean carriers boost profit expectations as congestion, demand raise rates
Columbia Sportswear CEO Tim Boyle called the rates being offered "clearly monopolistic" and said government intervention could help bring down costs.
By Matt Leonard • Aug. 10, 2021 -
Retrieved from Flickr.
KCS directors spurn Canadian Pacific's $31B bid, delay shareholder vote
The vote will now take place on Sept. 3, at which time shareholders will decide whether to approve a voting trust pegged to the Canadian National deal.
By Edwin Lopez • Updated Aug. 19, 2021 -
Courtesy of South Carolina Ports Authority
Shippers turn to intermodal in Q2 as they race to stock-up
"The trucking rates have increased so significantly that it's giving an advantage for the intermodal shipments," said Jeff Trombly, a professor of supply chain management at the University of Tennessee, Knoxville.
By Max Garland • Aug. 9, 2021 -
"Line for Canadian Customs, US-Canada Border, Surrey, British Columbia" by Ken Lund is licensed under CC BY-SA 2.0
Customs workers in Canada reach agreement, end slowdown that threatened supply chains
The four-year tentative agreement applies to nearly 9,500 border services officers and follows work-to-rule actions by Canada Border Services Agency employees that began Friday.
By Max Garland • Updated Aug. 9, 2021 -
Permission granted by Maersk
Maersk grows e-commerce fulfillment network with Visible Supply Chain Management deal
The acquisition will give Maersk a network of nine warehouses able to reach 75% of land in the U.S. in 24 hours and 95% within 48 hours.
By Matt Leonard • Aug. 6, 2021 -
Retrieved from Newell Brands on August 04, 2021
Sharpie maker says manufacturing in the US helped it avoid snarled supply chains
Newell Brands, Sharpie's parent company, said manufacturing based in the same continent as consumer demand helped avoid the freight issues that challenged "at least one" of its competitors.
By Edwin Lopez • Aug. 5, 2021 -
Morris MacMatzen via Getty Images
FMC seeks details on congestion surcharge practices from 8 ocean carriers
Some cargo owners had "shared information with the commission regarding concerns about these charges and their validity," FMC spokesman John DeCrosta said.
By Matt Leonard • Aug. 5, 2021 -
Courtesy of DHL Express
DHL Express takes step toward zero-emission logistics with 12 electric aircraft
The company will use the electric aircraft for regional feeder routes starting in the U.S., primarily for the Southeast and West Coast.
By Max Garland • Aug. 5, 2021 -
Courtesy of Schneider
Schneider's intermodal customers face 70% uptick in dwell time
The company aims to add up to 3,000 containers this year to help flow through clogged intermodal networks.
By S.L. Fuller • Aug. 4, 2021 -
Scott Olson via Getty Images
Manufacturers struggle to grow inventories as supplier deliveries remain sluggish: ISM
The ISM Manufacturing Inventories Index for July indicated falling inventory levels. It had reached growth territory in May and June.
By Matt Leonard • Aug. 3, 2021 -
Courtesy of Port of Virginia
Deep Dive'You can pay or you can wait': How retailers are navigating a shipping crisis
Consumer demand came raging back this year. The supply chain wasn't ready for it, and now retailers, brands and consumers are paying the price.
By Ben Unglesbee • Aug. 3, 2021 -
MCS Industries to FMC: MSC, COSCO unfair practices created $600K in damages
The complaint will head to the FMC's Office of the Administrative Law Judges where it will be assigned to the agency's sole judge.
By Matt Leonard • Updated Aug. 5, 2021 -
Courtesy of XPO.
Deep DiveFrom sapling to pure-play LTL: The story of XPO Logistics under Jacobs
Bradley Jacobs is a relentless numbers man and a serial entrepreneur. And he's one thing neither XPO nor GXO can replace.
By Jim Stinson • Aug. 2, 2021 -
David McNew via Getty Images
Hasbro, Mattel lean on supply chain teams to minimize effects of costly ocean freight, port congestion
The toymakers said challenges in ocean shipping were among the leading factors of cost inflation, but their supply chain teams found ways to navigate the disruptions.
By Edwin Lopez • Aug. 2, 2021 -
Courtesy of Knight-Swift
Trucking M&A intensifies as carriers seek 'holistic' portfolio
Uber Freight, Knight-Swift and others are making moves toward bigger books of business by buying companies with strengths in different transport sectors.
By Jim Stinson • July 26, 2021 -
Scott Olson via Getty Images
STB asks Class I railroads to explain 'substantial' demurrage fees
Congestion at intermodal rail hubs like Chicago and Memphis, Tennessee, led the regulator to investigate claims of "significant storage fees" before deciding whether further action is required.
By Edwin Lopez • July 26, 2021 -
Mario Tama via Getty Images
A congested freight environment shows no signs of improvement for peak
Shippers are moving freight earlier, while carriers are trying to plan ahead and add capacity if possible. Could the congestion last through Lunar New Year?
By Matt Leonard • July 22, 2021 -
Permission granted by NFI
Freight shipping spend reaches record high as capacity constraints persist: US Bank
Challenges are playing out across all regions, but the Northeast saw the sharpest increase in spend from Q1 due to "pretty significant capacity limitations."
By Max Garland • July 22, 2021 -
FMC to audit top 9 carriers as part of permanent program to oversee detention, demurrage
The agency said it wants to ensure "shippers do not suffer from unfair disadvantages."
By Matt Leonard • July 21, 2021 -
"JB Hunt semi-tractors at the company's intermodal facility in Chicago, IL 08-19-2017" by Richard Hurd is licensed under CC BY 2.0
Capacity crunch prompts JB Hunt to limit service
Detention of trailing equipment in the intermodal and truck segments led the carrier to levy accessorial charges on shippers.
By Jim Stinson • July 21, 2021 -
Justin Sullivan via Getty Images
BNSF meters traffic from West Coast to Chicago
The railroad is the second to limit its rail traffic to Chicago this week, following Union Pacific's weeklong service suspension intended to clear congestion at inland rail terminals.
By Matt Leonard • July 20, 2021 -
David McNew via Getty Images
Union Pacific pauses service from West Coast to Chicago as congestion hits inland terminals
The railroad says the service suspension will give it time to work through a container backlog at its Global IV gateway in Chicago, but experts noted the move may make congestion on the West Coast worse.
By Matt Leonard • July 16, 2021 -
Courtesy of South Carolina Ports Authority
Pandemic changed rail's product mix as e-commerce grew intermodal volumes
Large retailers and third-party logistics providers leveraged railroads to diversify their transport risk and get around labor constraints in the trucking market during the pandemic, according to a study by Northwestern University.
By Edwin Lopez • July 15, 2021
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