Freight: Page 39
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Tight ocean market, extended lead times push shippers to airfreight
Air cargo demand has rebounded to pre-pandemic levels. But capacity remains down with many passenger planes grounded, and pricing is unstable.
By Matt Leonard • March 9, 2021 -
Knight-Swift focuses on drop trailers, pools to 'ebb and flow' in volatile market
Flexibility could help ease stressed supply chains, the CEO said. That's one reason the carrier is expanding its fleet of trailers, not tractors.
By S.L. Fuller • March 9, 2021 -
Cara Salpini/Supply Chain Dive
Foot Locker cites port congestion for nearly 24% drop in inventory
The retailer is working with its vendors to find alternative routings, and it expects its inventory position to improve this quarter, an executive said.
By Matt Leonard • March 8, 2021 -
Courtesy of FedEx
FedEx to convert parcel fleet to EVs by 2040, eyeing a carbon neutral future
The announcement is part of a broader $2 billion investment focused on clean energy, carbon removal and electrification.
By A.B. Brown • March 5, 2021 -
Shippers consider redirecting cargo away from congested California ports
Switching cargo from Southern California to the Northwest Seaport Alliance can especially make sense for inland-point intermodal moves to the Midwest, one expert said.
By Matt Leonard • March 5, 2021 -
FMC, lawmakers meet to discuss container practices, whether carriers violate Shipping Act
One commissioner said legislation and modernization to the Shipping Act might be necessary to resolve ongoing container issues.
By Matt Leonard • Updated April 9, 2021 -
Inventories drop with no signs of softening demand: ISM
Shortages in ocean freight, corrugated boxes, gloves and dozens of other products are pushing up the prices for many commodities.
By Matt Leonard • March 3, 2021 -
Courtesy of XPO
Coronavirus beams trucking, supply chain into an automated future
XPO Logistics shipped five times more units using robotic technology in 2020 than it did in 2019.
By Jim Stinson • March 3, 2021 -
Opinion
FMC: Injecting more containers won't solve supply chain woes
Two commissioners — a Republican and a Democrat — call for cooperation among supply chain stakeholders.
By Daniel B. Maffei & Louis E. Sola • March 2, 2021 -
Permission granted by CRST
Why interest is growing in private fleet conversion
J.B. Hunt and other trucking firms have seen their pipelines fill, as companies realize transport may be better off in the hands of specialists.
By S.L. Fuller • March 2, 2021 -
Wayfair cites ocean shipping disruption, port congestion for in-stock issues
The retailer expects it could take a "few months" to get back to the in-stock levels it usually tries to maintain, one executive said.
By Matt Leonard • March 1, 2021 -
Crocs: Redundancy in ocean freight contracts takes priority over cost
The footwear brand's logistics director said a turbulent market with high consumer demand proves container shipping is a commodity, not a service.
By Matt Leonard • Feb. 26, 2021 -
Winter storms squeeze capacity, drive spot rates up 20 cents
Long-haul deliveries and outbound volumes dropped in Texas markets, but analysts said effects may be just a "blip" on the long-term freight market radar.
By Shefali Kapadia • Feb. 25, 2021 -
No rate relief in sight for ocean shippers as Lunar New Year passes
If consumer spending doesn't fall off during 2021, the ocean shipping industry could be in for a busy and record-breaking year, one analyst predicted.
By Matt Leonard • Feb. 23, 2021 -
The image by Central Texas Food Bank is licensed under CC BY-ND 2.0
Tyson to use real-time data for visibility in warehouse shipments, volume
Data is helping Tyson identify its highest dwell times by facility — its own and those belonging to customers — as well as informing what mitigation actions to take.
By S.L. Fuller • Feb. 23, 2021 -
JB Hunt partners with Google to provide shippers real-time visibility
Tight capacity has sent cargo owners scrambling to find trucks. And they're turning to digital brokers that provide as much real-time data as possible.
By S.L. Fuller • Feb. 19, 2021 -
Winter storm slams Texas food supply chains, logistics networks
Even with improving road conditions, logistics managers may experience capacity challenges and delayed shipments.
By Shefali Kapadia • Feb. 19, 2021 -
Shipper, trucker groups applaud FMC on 'strongest step' to demand container information from carriers
The Federal Maritime Commission said failing to follow the agency's interpretive rule on detention and demurrage "might constitute a violation of" the Shipping Act.
By Matt Leonard • Feb. 18, 2021 -
Courtesy of Gatik
Gatik's autonomous, middle-mile box trucks go electric
The company, known for its partnership with Walmart, is using EV technology in B2B short hauls.
By S.L. Fuller • Feb. 18, 2021 -
Expeditors: 'Severely' misaligned freight market spikes ocean, air rates
"We moved more freight in the fourth quarter of 2020 than in any other quarter in our history," the company's CEO said in its earnings release.
By Matt Leonard • Feb. 17, 2021 -
4 charts show the effects of West Coast port congestion and supply chain delays
The ports of Los Angeles and Long Beach have been overburdened with a deluge of container imports over the last few months.
By Matt Leonard • Feb. 16, 2021 -
Courtesy of BNSF
Winter weather disrupts Western rail service, logistics networks
Union Pacific told customers to expect a delay of at least 72 hours for shipments moving through the affected region until conditions improve.
By Matt Leonard • Feb. 16, 2021 -
Tight capacity puts pricing power in trucking's hands as spot, contract rates rise
Trailer orders are up YoY and fleets say they're trying to hire drivers, but one analyst said it will be the end of the pandemic that will bring drivers back.
By Matt Leonard • Feb. 12, 2021 -
FMC to discuss 'big, huge step' related to detention, demurrage and container returns
The commissioners will meet as ports face congestion issues resulting from record import levels and shippers deal with a container imbalance that is increasing the price of equipment.
By Matt Leonard • Feb. 11, 2021 -
Maersk: Contract, short-term rates up across the board
The carrier expects a high freight rate environment to continue through Q1 before easing in Q2, though "it is really hard to predict the demand patterns for 2021," the company's CFO said.
By Matt Leonard • Feb. 11, 2021
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