Freight: Page 40
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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 -
What does shipper of choice mean in 2021?
A history of short dwell times and consistent tendering behavior will be important as carriers prioritize freight in a tight market.
By Matt Leonard • Jan. 21, 2021 -
BNSF: Network redundancy key to intermodal speed
The railroad’s new CEO, Katie Farmer, discussed adding redundancy at a time when other railroads see whittling away at network assets as the more in-vogue option.
By Matt Leonard • Jan. 21, 2021 -
California proposes points system to hold warehouses accountable for truck emissions
Road transport has been at the forefront of Southern California’s emissions crackdown, but it’s also one of the most challenging areas for supply chains to curb given the involvement of external parties.
By S.L. Fuller • Jan. 20, 2021 -
Rolled cargo ticks up at 75% of ports worldwide: Ocean Insights
Shippers are also dealing with an increased rate of blanked sailings to start 2021. Blanked capacity is expected to reach 13% and 11% of overall capacity in the third and fourth week of January, respectively.
By Matt Leonard • Jan. 20, 2021 -
Port of LA to roll out Control Tower with trucking, rail data
The tool will provide more information on dual transactions, as the port begins incentivizing terminals to increase them.
By Matt Leonard • Jan. 19, 2021 -
Column
Patent Pending: Walmart plans automated order picking, Target floats RFID for freight tracking
Supply chain innovators apply to patent what they see as important tools for the future. Sometimes they’re brilliant. Sometimes they’re funny.
By Matt Leonard • Jan. 15, 2021 -
Congestion could clog California ports into February, Hapag-Lloyd warns
One analyst suggested the congestion might continue into March, as nearly one quarter of all cargo was experiencing dwell times longer than five days near the end of 2020.
By Matt Leonard • Jan. 14, 2021 -
Deep Dive
Damco is gone. Where do Maersk, freight forwarders and shippers go from here?
Shippers face a choice as they plan freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a diversified carrier network.
By Shefali Kapadia • Jan. 13, 2021 -
CH Robinson, SAS bet real-time demand data can shorten freight bid windows
Demand doesn’t change at the pace of an annual contract. The two companies will use their existing tools to drive more agile freight procurement.
By Matt Leonard • Jan. 12, 2021 -
Airfreight rates start 2021 on a decline following mediocre peak
Rates more than doubled YoY from China to the U.S. to reach $7.57 per kilogram in the last week of December, but pricing has already fallen to $6.19 per kilogram in the first half of January.
By Matt Leonard • Jan. 11, 2021 -
Transportation Secretary Elaine Chao resigns following insurrection at Capitol
Chao said the department will help President-elect Joe Biden’s pick for transportation secretary, Pete Buttigieg, assume the post.
By S.L. Fuller • Jan. 7, 2021 -
European shippers say ocean carriers broke contracts, call on regulators to step in
Authorities in China and South Korea and the Federal Maritime Commission in the U.S. are also examining ocean shipping practices and container availability.
By Matt Leonard • Jan. 7, 2021 -
Amazon buys 11 planes to boost airfreight capacity
The aircraft purchases, a first for Amazon, come at a time when airfreight procurement has become increasingly difficult, and e-commerce demand is soaring.
By Matt Leonard • Jan. 6, 2021 -
Analysts: Restocking in Q1 will keep trucking market hot
Cass’ latest Freight Index showed expenditures were up almost 6% in November as rate increases in the spot market have begun to spill over into contracts.
By Matt Leonard • Jan. 5, 2021 -
Maersk works with stakeholders on port congestion, export issues
The carrier wants to increase dual transactions at its Los Angeles terminal to help with congestion but didn’t provide specifics on improving the equipment availability for exporters.
By Matt Leonard • Jan. 4, 2021 -
Short-term freight snags expected as Brexit deal goes into force
Officials expect delays to accrue beginning Monday and affect just-in-time and perishable supply chains the most.
By Emma Cosgrove • Jan. 4, 2021 -
Railroads leaned into PSR principles during the pandemic
The Class I railroads sought to do more with less, as volume rebounded after a dip in the spring. But it wasn’t all success in 2020.
By Matt Leonard • Dec. 22, 2020 -
Airfreight rates from China to US rise 58% ahead of the holidays
The ongoing distribution of coronavirus vaccines could increase annual air cargo demand by 2% and lift airfreight rates in the first half of next year, according to one analyst.
By Matt Leonard • Dec. 22, 2020 -
XPO has ‘eyes on every truck’ as it transports Pfizer’s coronavirus vaccine
The company is also shipping dry ice, containers and syringes while responding to demand for items related to COVID-19 treatment and mitigation.
By Jim Stinson • Dec. 21, 2020 -
Refusing US export cargo may violate Shipping Act, FMC warns in letter to carrier association
The ideal situation is industry works out a solution on its own, one commissioner said. But the agency could open a new investigation and has the power to levy fines if the alleged behavior continues.
By Matt Leonard • Dec. 21, 2020 -
JB Hunt: Rail ramp congestion disrupts intermodal service in Los Angeles, Chicago
J.B. Hunt expects the closures will impact its ability to pick up freight through Dec. 19.
By Matt Leonard • Dec. 17, 2020 -
Container movement lags at Port of Los Angeles as unseasonably high imports arrive
Dozens of container ships are idling off the Southern California coast, a sign of “the sheer amount of traffic” at the Port of Los Angeles, said Executive Director Gene Seroka.
By Matt Leonard • Dec. 16, 2020 -
Containers, port congestion subject of upcoming FMC meetings with 6 ocean carriers
The Federal Maritime Commission has suggestions for how the carriers can improve container movement, but the agency doesn’t have plans for enforcement.
By Matt Leonard • Dec. 15, 2020 -
JB Hunt sets out on expedition for final-mile acquisitions
Carriers see opportunity in last mile as e-commerce grows. Buying smaller fleets comes with the books of business, the talent and the know-how to enter the final-mile market.
By Jim Stinson • Dec. 14, 2020