Freight: Page 39
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JB Hunt partners with Google to provide shippers real-time visibility
Tight capacity has sent cargo owners scrambling to find trucks. And they're turning to digital brokers that provide as much real-time data as possible.
By S.L. Fuller • Feb. 19, 2021 -
Winter storm slams Texas food supply chains, logistics networks
Even with improving road conditions, logistics managers may experience capacity challenges and delayed shipments.
By Shefali Kapadia • Feb. 19, 2021 -
Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers
The Federal Maritime Commission said failing to follow the agency's interpretive rule on detention and demurrage "might constitute a violation of" the Shipping Act.
By Matt Leonard • Feb. 18, 2021 -
Gatik's autonomous, middle-mile box trucks go electric
The company, known for its partnership with Walmart, is using EV technology in B2B short hauls.
By S.L. Fuller • Feb. 18, 2021 -
Expeditors: 'Severely' misaligned freight market spikes ocean, air rates
"We moved more freight in the fourth quarter of 2020 than in any other quarter in our history," the company's CEO said in its earnings release.
By Matt Leonard • Feb. 17, 2021 -
4 charts show the effects of West Coast port congestion and supply chain delays
The ports of Los Angeles and Long Beach have been overburdened with a deluge of container imports over the last few months.
By Matt Leonard • Feb. 16, 2021 -
Winter weather disrupts Western rail service, logistics networks
Union Pacific told customers to expect a delay of at least 72 hours for shipments moving through the affected region until conditions improve.
By Matt Leonard • Feb. 16, 2021 -
Tight capacity puts pricing power in trucking's hands as spot, contract rates rise
Trailer orders are up YoY and fleets say they're trying to hire drivers, but one analyst said it will be the end of the pandemic that will bring drivers back.
By Matt Leonard • Feb. 12, 2021 -
FMC to discuss 'big, huge step' related to detention, demurrage and container returns
The commissioners will meet as ports face congestion issues resulting from record import levels and shippers deal with a container imbalance that is increasing the price of equipment.
By Matt Leonard • Feb. 11, 2021 -
Maersk: Contract, short-term rates up across the board
The carrier expects a high freight rate environment to continue through Q1 before easing in Q2, though "it is really hard to predict the demand patterns for 2021," the company's CFO said.
By Matt Leonard • Feb. 11, 2021 -
DSV Panalpina ready for 'M&A adventures'
The CEO said its preferred acquisition is a large, global forwarder with similar characteristics as DSV, as the company seeks a larger share of the fragmented market.
By Shefali Kapadia • Feb. 11, 2021 -
NRF expects record imports through June, with retailers buying goods early to ensure carrier space
Tight capacity has pushed spot rates to more than double over the last year and caused an uptick in rolled cargo.
By Matt Leonard • Feb. 10, 2021 -
Inflection point: Contract rates overtake spot rates
An ongoing driver shortage coupled with consumer demand will keep spot and contract rates elevated — and could make 2021's first half look a lot like the last half of 2020.
By Jim Stinson • Feb. 9, 2021 -
Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean
The fitness equipment company is spending $100 million to speed deliveries to frustrated consumers.
By Shefali Kapadia • Feb. 8, 2021 -
The Container Store: 3PL surcharges 'much more impactful' than expected
The retailer pegged a double-digit slide in its margins on increased shipping costs that "more than offset" a nearly 21% YoY increase in sales, executives said this week.
By Matt Leonard • Feb. 5, 2021 -
Dry ice demand rises more than 1,100% as procurement leaders navigate vaccine rollout: Thomas
Sourcing for freezers and syringes ticked up significantly, and nitrile gloves are expected to be in high demand throughout the year.
By A.B. Brown • Feb. 4, 2021 -
Analysts see 'no underlying currents' to loosen tight airfreight capacity
Shippers, forwarders and carriers pivoted to short-term rate negotiations and the spot market as airfreight capacity dropped 18% YoY.
By Matt Leonard • Feb. 4, 2021 -
Harbor truckers dispute millions of detention, demurrage charges as fees surpass $200
Trucking firms may pass added costs down to shippers, depending on the relationship, as well as the terms of the contract between the two parties, HTA's CEO said.
By S.L. Fuller • Feb. 3, 2021 -
Deep Dive
Why the empty container math doesn't add up in US exporters' favor
What led to a global imbalance of available shipping containers? And what were the effects on U.S. businesses?
By Matt Leonard • Feb. 3, 2021 -
FMC calls on Biden to prioritize vaccines, PPE for port workers
Unions and groups representing maritime employees reported nearly 2,000 COVID-19 cases since March 2020.
By Matt Leonard • Feb. 1, 2021 -
Tight capacity pushes CH Robinson to the spot market, hikes prices 29%
The market is showing signs of normalization, but pricing for customers will continue "gravitating higher throughout the course of the year," CEO Bob Biesterfeld said.
By Matt Leonard • Jan. 28, 2021 -
Is Lunar New Year the turning point for equipment shortages?
Manufacturers are operating at full capacity to produce containers. It's just a matter of moving the new equipment to where it's needed.
By Matt Leonard • Jan. 27, 2021 -
XPO CEO: More acquisitions possible once spinoff is complete
Bradley Jacobs turned XPO into a trucking powerhouse over the years by growing the LTL company organically and through absorbing other firms.
By Jim Stinson • Jan. 27, 2021 -
Intermodal carloads up 12% but railroads struggle with trip plan compliance
Traditional commodities, such as coal, saw volume slump on the rail lines in 2020, but intermodal grew thanks to a tight trucking market and a glut of containers needing to move.
By Matt Leonard • Jan. 26, 2021 -
Ocean rates rose through January as ports report record year
Carriers have held off on the blank sailings that usually happen around Lunar New Year, but one forwarder suggested booking loads for spring now as capacity is strained.
By Matt Leonard • Jan. 22, 2021