Freight: Page 38
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Supply chains brace for container issues, blank sailings as ships cleared from Suez arrive at ports
Hapag-Lloyd reported some disruptions in its network with equipment shortages in Germany, Austria, Switzerland, Hungary and Czech Republic.
By Matt Leonard • April 15, 2021 -
9 charts show the highs and lows of supply chains in Q1
By the end of March 2021, supply chains had spent more than a year fighting the fires of the pandemic.
By Shefali Kapadia , Matt Leonard • April 14, 2021 -
How the pandemic impacted demand at FedEx, Clorox and C&S Wholesale
Companies across industries began to shift operations in early 2020, as signs pointed to changes in demand and consumer habits.
By Matt Leonard • April 14, 2021 -
Final-mile challenges, transport costs cloud supply chain optimism
Nearly 70% of respondents in a GlobalTranz survey said they had trouble finding transportation partners to meet growing demand for final-mile delivery.
By Shefali Kapadia • April 14, 2021 -
Conagra incurs $15M in supply chain costs to keep up with demand
The company bypassed the distribution network it normally relies on and instead shipped directly from the plant or a single distribution center to the customers.
By Matt Leonard • April 13, 2021 -
Lamb Weston reports higher transport costs after pivot to spot trucking
The company usually relies more on rail for moving inventory from factories to distribution centers, but changes in production schedules necessitated a more flexible transportation option.
By Matt Leonard • April 9, 2021 -
Ever Given, general average and why shippers will share the costs of a ship's rescue
Shippers are in for a lengthy and complicated process to collect cargo and provide documentation to adjusters.
By Matt Leonard • April 8, 2021 -
Cascading effects of Texas winter storm bump up spot rates
Spring is here, and the polar vortex of mid-February is in the rearview mirror. But impacts on the spot market linger.
By Jim Stinson • April 7, 2021 -
Tight trucking capacity won't ease until later in 2021
The market has led to increases in freight spending, which was up nearly 17% YoY in February.
By Matt Leonard • April 6, 2021 -
Deep Dive
Congested West Coast ports bring the heat to TL spot rates
Delayed off the coast of the Golden State are a mix of consumer and industrial needs that are likely to keep capacity tight and truckers busy.
By Jim Stinson • March 31, 2021 -
Retrieved from NASA on March 31, 2021
Walmart, H&M among retailers in US most exposed to Suez Canal disruptions
Construction and chemical companies are also expected to feel the impact, as more than 300 vessels wait to pass through the canal.
By Matt Leonard • March 31, 2021 -
Logistics costs eat into General Mills' margins
The company's CFO said he expects those increased expenses to abate once supply and demand even out and inventory levels are balanced.
By S.L. Fuller • March 30, 2021 -
The image by Axelspace Corporation is licensed under CC BY-SA 4.0
Suez backlog starts moving, but port congestion expected to follow
Dozens of container ships missed ETAs at ports of call, and Maersk expects it to take a week to clear the backlog.
By Matt Leonard • March 30, 2021 -
Shippers assess impact to cargo as Ever Given is freed from Suez Canal
Ikea confirmed it has containers on ships waiting to pass through the Suez Canal and said it "will consider all supply options available to secure the availability of our products."
By Matt Leonard • March 29, 2021 -
Container ships steer toward longer route around Cape of Good Hope to avoid Suez Canal
A Friday attempt to refloat Ever Given was unsuccessful, the vessel's technical manager said, and one analyst said the ship could be stuck for weeks.
By Matt Leonard • March 26, 2021 -
The image by Axelspace Corporation is licensed under CC BY-SA 4.0
Ever Given and the Suez Canal: A list of affected ships and what delays mean for shippers
Carriers with hundreds of thousands of TEUs of cargo capacity are stuck, and when they move, port congestion will worsen.
By Matt Leonard • Updated March 30, 2021 -
Schneider's plan to reduce carbon with focus on intermodal
Intermodal offers a road to sustainability, but it's a challenge for the speedy delivery consumers want and expect.
By Amanda Loudin • March 25, 2021 -
Nike's imports drop 39% amid port congestion, straining inventory
The YoY drop in February came after the retailer faced weeks-long delays, affecting the timing of wholesale shipments.
By Matt Leonard • March 24, 2021 -
Kansas City Southern, Canadian Pacific agree to $29B deal
The combined rail networks will create the first such service to stretch across Canada, the United States and Mexico.
By Matt Leonard • March 22, 2021 -
FedEx Express rates expected to remain elevated for next 12 months
The logistics company plans to increase the capacity of its Express network over the next year, putting seven parked planes back into operation and launching new services.
By Matt Leonard • March 19, 2021 -
Imports spike at ports across US, Hapag-Lloyd warns of terminal congestion
The Port of Los Angeles said dwell time is still too high, after slight improvements during the busiest February on record at the gateway.
By Matt Leonard • March 17, 2021 -
Congress takes on truck driver shortage, reboots bill to permit under-21s to haul interstate loads
Proponents of the DRIVE-Safe Act applaud its ability to bring young drivers into the workforce, but opponents express safety concerns.
By S.L. Fuller • March 16, 2021 -
Yeti tests Port Houston in bid to avoid congestion
Along with the port change, Yeti has also increased its use of cross-docking for its imports to help cut down on lead times and is exploring faster shipping lanes out of Southeast Asia.
By Matt Leonard • March 12, 2021 -
Big Lots to add 2 distribution centers to speed replenishment of palletized, big and bulky inventory
The retailer faces extended lead times with inventory stuck in-transit in a clogged ocean freight network.
By Matt Leonard • March 11, 2021 -
Deep Dive
A tumultuous year of ocean shipping prompts a rethink of contracts
Negotiations are taking place earlier than usual, with greater interest in two-way commitments and tiered pricing. But a focus on resiliency and capacity comes at a cost to shippers.
By Matt Leonard • March 10, 2021