Cass: April volume hits 'recessionary levels,' capacity cuts remain open question

The shippers left on the market are benefiting from lower spot rates, but capacity cuts will be one indicator that market pricing could swing back in favor of carriers.

By Matt Leonard • May 14, 2020

Maersk plans for 140 blank sailings, up to 25% volume drop in second quarter

The idle fleet grew to 9.4% (2.2 million TEUs) in the first quarter, which Maersk said was the "highest record in more than 10 years."

By Matt Leonard • May 13, 2020

Union Pacific cites pandemic, trucking market for end of cold chain service

Executives called refrigerated transportation "a long term growth opportunity" earlier this year, but say the COVID-19 pandemic meant the business could no longer sustain itself.

By Matt Leonard • May 12, 2020

Uber Freight partnership gives rideshare drivers entry to a challenging open market

As spot rates sag, the broker is teaming with Ryder and CloudTrucks to help CDL holders rejoin the trucking industry.

By S.L. Fuller • May 11, 2020

Amazon Freight expands to 48 states, furthering control of its logistics network

The majority of carriers and brokers viewed Amazon's entry to freight hauling negatively, fearing it would push down dry van spot rates. 

By Jim Stinson • May 7, 2020

Gatik responds to online grocery demand, adding autonomous reefers for Walmart, retailers

The company has seen average delivery runs per day increase 30% to 40% as grocery demand has grown due to the coronavirus pandemic, Gatik's CEO said.

By Morgan Forde • May 7, 2020

Rail carriers cut capacity as intermodal volume drops 17% in April, the largest fall since 2009

CSX, Kansas City Southern, Norfolk Southern and Union Pacific all mentioned reducing train starts as a result of falling demand during April earnings calls. 

By Matt Leonard • May 7, 2020

Coronavirus hit XPO revenue in Q1 despite demand surge from some shippers

The company's revenue fell in its transportation and logistics segment, but it did see some customers looking for capacity to cover a surge in demand.

By Matt Leonard • May 5, 2020

As trucking demand craters in April, rates follow

The shippers still moving loads stand to benefit from lower spot rates as the market swings in their favor.

By Matt Leonard • May 5, 2020

Freighters grapple with high demand as airfreight capacity drops 23% in March

With belly cargo disappearing, freighters are figuring out how to make up for the loss, resulting in higher prices for shippers.

By Matt Leonard • April 30, 2020

As volumes drop, Norfolk Southern expects Q2 to be the roughest yet

The cost cuts needed to weather the financial hit from coronavirus will come from accelerating PSR efforts and selling, storing or scrapping equipment. 

By Emma Cosgrove • April 30, 2020

FMC detention, demurrage guidance comes as coronavirus outbreak aggravates preexisting port problems

The FMC's final guidance on what constitutes fair charges can also help inform contract negotiations.

By S.L. Fuller • April 29, 2020

3 years, 3 cyberattacks on major ocean carriers. How can shippers protect themselves?

Shippers and freight forwarders have a role to play in vetting supply chain partners' risks and keeping their data and cargo safe.

By Shefali Kapadia • April 29, 2020

Blank sailings have reached their scheduled peak

Ocean carrier schedule reliability dropped to 68% in the first quarter of 2020 and could continue to struggle as a result of blank sailings in April.

By Matt Leonard • April 28, 2020

FourKites: Data can help prepare for delays as New York City dwell times surge

Although the data is available, fleets are still in the process of transitioning to artificial intelligence to sort through the incoming gigabytes of information per hour and make simple recommendations to drivers and dispatch offices.   

By Jim Stinson • April 27, 2020

USPS ships mail by sea as airfreight crunch continues

This is not the first time the Postal Service has made such a move due to the COVID-19 outbreak, a USPS spokesperson told Supply Chain Dive. 

By Emma Cosgrove • April 24, 2020

Inside Ceva Logistics' approach to managing GM's ventilator supply chain

Retooling production from semiconductors to ventilators requires Ceva and GM to work with hundreds of new suppliers. 

By Matt Leonard • April 23, 2020

Union Pacific expects 25% volume dip in Q2

CEO Lance Fritz said he expects the economic impact of the coronavirus to be "sharp and deep," without a steep recovery.

By Emma Cosgrove • April 23, 2020

CSX: Near-term cost cutting may last beyond COVID-19

Foote said CSX is working to maintain what it sees as a high level of service despite down volumes. Still, some rail shippers are going to notice the latest cuts.

By Emma Cosgrove • April 23, 2020

Hapag-Lloyd, Maersk beat IMO's 2030 greenhouse gas emissions reduction target by a decade

Experts remain optimistic about the industry's ability to maintain progress on sustainability efforts despite significant disruption from the COVID-19 outbreak.

By Morgan Forde • April 22, 2020

6 charts show how PSR changed rail

Early adopters of precision-scheduled railroading saw increased speed and lower dwell times in 2019. Do the changes benefit shippers?

By Matt Leonard • April 22, 2020

Coca-Cola reports border bottlenecks, touts localized supply chain to keep products flowing

Coca-Cola is experiencing bottlenecks delaying ingredients en route to its plants as health screenings and policy changes slow traffic at border crossings around the world.

By Emma Cosgrove • April 22, 2020

35% of ports say demand for food, medical supplies storage increased

While some ports are managing increased stockpiling of essential goods, others are adjusting to a decrease in storage utilization of conventional cargo.

By Matt Leonard • April 21, 2020

90-day delay of tariff payments does not include Trump administration duties on Chinese goods

Importers must demonstrate "significant financial hardship" to qualify for the temporary payment delay.

By Matt Leonard • Updated April 21, 2020

Kansas City Southern doubles down on PSR to deal with coronavirus 'curveball'

An even more aggressive focus on efficiency will get Kansas City Southern through the COVID-19 crisis, which hit the automotive industry — a particularly important customer segment — hard and early, executives said.

By Emma Cosgrove • April 20, 2020