Freight: Page 36
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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 -
Kendall Davis/Supply Chain Dive
Higher contract rates pull volume from spot truck market
DAT Principal Analyst Dean Croke said this is the result of carriers securing higher contract rates, which reduces the incentive to focus on the spot market.
By Matt Leonard • July 14, 2021 -
Buda Mendes via Getty Images
Stockouts worsen for the chemical industry as shipping delays exacerbate inventory woes
Shortages may last yet another year due to the lasting effects of a February storm in Texas, increased demand and supply chain congestion.
By Matt Leonard • July 13, 2021 -
Courtesy of https://corporate.walmart.com/photos/walmart-store-exterior-at-night
Walmart will add transportation pillar to Project Gigaton
The effort will focus on suppliers' fleets to achieve the retailer's goal to avoid one billion metric tons of greenhouse gases in scope 3 emissions by 2030.
By Matt Leonard • July 13, 2021 -
Spencer Platt via Getty Images
Freight overflows push LTLs to make tough decisions
FedEx Freight admitted to "temporary targeted volume control" as shippers rush to fill inventories.
By Jim Stinson • July 13, 2021 -
Daphne Howland/Supply Chain Dive
Levi's diverts freight to East Coast amid 'challenge in Long Beach'
The decision was one of several actions Levi Strauss took to mitigate supply chain disruptions in Q2, according to CEO Chip Bergh.
By Edwin Lopez • July 12, 2021 -
Alex Wong via Getty Images
White House delves into supply chain problemsBiden takes aim at consolidation in ocean, rail with new executive order on increasing competition
The FMC and DOJ Antitrust Division signed a Memorandum of Understanding Monday as the two agencies begin to work more closely on oversight and enforcement in the ocean freight market.
By Matt Leonard • Updated July 13, 2021 -
Mario Tama via Getty Images
Detention and demurrage were hotly debated pre-pandemic. Congestion made it worse.
The average charge more than doubled from 2020, increasing 104%, Container xChange found.
By Matt Leonard • July 8, 2021 -
Kendall Davis/Supply Chain Dive
Airfreight demand returns to pre-pandemic levels, but capacity could take longer to materialize
The transpacific lane won't be the first to benefit from the return of passenger planes and belly capacity. Freighters expect their services will be in demand into next year.
By Matt Leonard • July 8, 2021 -
Courtesy of Suez Canal Authority
Timeline: How the Suez Canal blockage unfolded across supply chains
The Ever Given was lodged in the canal for six days, blocking hundreds of ships from traversing the waterway. It finally arrived at the Port of Rotterdam.
By Matt Leonard , Shefali Kapadia • Updated July 29, 2021 -
Courtesy of UPS
FedEx, UPS take divergent LTL freight paths
As UPS sold off its Freight segment to TFI this year, FedEx doubled down on Freight and called its commitment to the segment "absolute."
By Jim Stinson • July 2, 2021 -
Dean Mouhtaropoulos via Getty Images
HB Fuller leans on 'strong supplier relationships' to navigate shortages, tight freight market
Strategizing for a "ship stuck in the Suez is exactly what they're set up to do," an executive said of its supply chain team.
By Matt Leonard • July 1, 2021 -
Courtesy of Convoy
Flexport, Convoy integration enables automated transloading
All shippers have to do is select their origin and destination, and the Flexport platform handles the rest, the company said.
By Matt Leonard • June 30, 2021 -
Justin Sullivan via Getty Images
Ocean carrier reliability falls 35 points from last May as congestion persists
Maersk was the most punctual carrier for the month, but its 46.2% schedule reliability figure means a shipper is more likely to correctly guess a coin flip than have their ship show up on time.
By Matt Leonard • June 29, 2021 -
Retrieved from Port Authority of New York and New Jersey via Flickr on June 28, 2021
JFK seeks to modernize 'inefficient cargo operation' with new facility for airfreight handling
The $145 million project will develop a 350,000 square-foot facility that includes modern technology, such as an automated vertical racking system.
By Edwin Lopez • June 29, 2021 -
Hapag-Lloyd, ONE complete integration with Maersk's TradeLens
The carriers have finished the pilot, but it could take up to 10 months to provide all of the milestone updates associated with TradeLens' visibility platform, a Hapag-Lloyd executive said.
By Matt Leonard • June 28, 2021
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