Freight: Page 3
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UPS considers sale of Coyote Logistics truckload brokerage
“Perhaps the business is worth more to someone else,” CEO Carol Tomé said on a Q4 earnings call.
By David Taube • Jan. 31, 2024 -
Auto volumes surge at Northwest Seaport Alliance during 2023
The ports of Seattle and Tacoma also handled more international containers in December.
By Alejandra Salgado • Jan. 30, 2024 -
Trendline
Peak season management
The 2023 peak shipping season is shaping up to be radically different for each company.
By Supply Chain Dive staff -
The critical need for dangerous goods compliance
Education, resources and regulatory support can help shippers avoid fines and other penalties.
By Kelly Stroh • Jan. 29, 2024 -
Port of Oakland cargo volumes rise 8% YoY in December
The port benefited from increased vessel traffic to the U.S. West Coast as carriers reroute from the Panama Canal.
By Alejandra Salgado • Jan. 26, 2024 -
Port of Long Beach cargo volumes rise 30% YoY in December
The strong end to the year comes as the port is “laying the tracks” to prepare for increased rail demand from shippers.
By Alejandra Salgado • Jan. 25, 2024 -
West Coast ports snag market share from rivals, Los Angeles port chief says
More normal cargo volume levels are expected for 2024, according to Executive Director Gene Seroka.
By Alejandra Salgado • Jan. 24, 2024 -
In Panama Canal droughts, CPKC sees intermodal opportunity
As extreme conditions limit shipments through the waterway, the Panama Canal Railway is a viable alternative to keep containers moving, CPKC President and CEO Keith Creel said.
By Larry Avila • Jan. 24, 2024 -
Port Everglades cargo volumes rise 3% YoY in November
The ports processed a total of 83,878 total TEUs, reflecting the first YoY increase for the fiscal year.
By Alejandra Salgado • Jan. 23, 2024 -
Red Sea crisis leaves some retailers more exposed than others
Hardline retailers such as Wayfair, Best Buy, Beyond Inc. and RH could be most affected, according a Jefferies analysis.
By Ben Unglesbee • Jan. 18, 2024 -
Maersk, Hapag-Lloyd to form operating partnership after 2M alliance ends
The agreement between the two shipping giants will start February 2025 and has a target of 90% schedule reliability.
By Alejandra Salgado • Jan. 17, 2024 -
Port Houston cargo volumes dip 15% YoY in November
Despite the drop, total containers processed increased significantly from pre-pandemic levels.
By Alejandra Salgado • Jan. 16, 2024 -
Ocean freight rates surge further as Red Sea crisis develops
Shipping experts warn that additional rate increases, capacity shortages and delays are on the way.
By Alejandra Salgado • Jan. 16, 2024 -
Dole expands shipping services for tropical fruits
Produce companies have bolstered their logistics offerings after pandemic-related supply chain issues presented new and lucrative opportunities.
By Sarah Zimmerman • Jan. 12, 2024 -
Extreme weather is 2024’s top supply chain risk: Everstream
Wildfires, rains and droughts could cause shipping delays, while agricultural commodities might face shortages from weather and other factors, the analytics firm said.
By Ben Unglesbee • Jan. 11, 2024 -
Port of New York and New Jersey cargo volumes fell 11% YoY in November
The East Coast port processed 644,439 total TEUs for the month, down 13% compared to October.
By Alejandra Salgado • Jan. 11, 2024 -
Holiday demand boosts December air cargo rates
Despite the busier month, Xeneta’s Clive Data Services 2024 outlook remains unchanged with an anticipated 1% to 2% increase in demand.
By Kelly Stroh • Jan. 11, 2024 -
Deep Dive
Shortages 2024: What supplies are still at risk after years of disruption?
Excess inventory may be in focus, but climate change, geopolitics and structural supply chain challenges continue to threaten some goods.
By Ben Unglesbee • Jan. 10, 2024 -
Red Sea attacks: Ocean shipping rates jump more than 50% in key lanes
Rates from Asia to the U.S. East Coast reached $3,900 per FEU in the past week, with additional surcharges to start this month, according to Freightos.
By Kelly Stroh • Jan. 5, 2024 -
Deep Dive
Suez Canal at risk: What shippers should know to mitigate disruption
Using alternative routes like the Cape of Good Hope can mean longer transit times and higher freight costs. Here’s what shipping experts had to say.
By Alejandra Salgado • Dec. 22, 2023 -
Port of Oakland cargo volumes fell 10% YoY in November
Despite the decline, loaded import containers processed at the port rose 4% to 71,258 TEUs.
By Alejandra Salgado • Dec. 22, 2023 -
FedEx redesigns air network to boost speed, profits
The company’s “Tricolor” initiative aims to serve e-commerce growth and shifting volume mix.
By Kelly Stroh • Dec. 22, 2023 -
Shippers consider alternatives after rail border closures
Bridge closures at Eagle Pass and El Paso, Texas, are leading to longer wait times. Brokers shared some of their tips for mitigating disruption.
By Larry Avila • Dec. 20, 2023 -
Port of Long Beach cargo volumes rise 24% YoY in November
The port is recapturing market share as online sales rise and retailers stock up for the holidays, according to its CEO.
By Alejandra Salgado • Dec. 20, 2023 -
Port of Los Angeles cargo volumes rise 19% YoY in November
“Our year-end growth reflects the strength of the U.S. economy powered by the American consumer,” said Port of Los Angeles Executive Director Gene Seroka.
By Alejandra Salgado • Dec. 19, 2023 -
Rail border crossings reopen at Eagle Pass and El Paso, Texas
U.S. Customs and Border Protection had shut down the vital trade gateways in the wake of surging immigration activity.
By Larry Avila • Updated Dec. 22, 2023