Freight: Page 40
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Courtesy of DSV Panalpina
DSV Panalpina ready for 'M&A adventures'
The CEO said its preferred acquisition is a large, global forwarder with similar characteristics as DSV, as the company seeks a larger share of the fragmented market.
By Shefali Kapadia • Feb. 11, 2021 -
NRF expects record imports through June, with retailers buying goods early to ensure carrier space
Tight capacity has pushed spot rates to more than double over the last year and caused an uptick in rolled cargo.
By Matt Leonard • Feb. 10, 2021 -
Inflection point: Contract rates overtake spot rates
An ongoing driver shortage coupled with consumer demand will keep spot and contract rates elevated — and could make 2021's first half look a lot like the last half of 2020.
By Jim Stinson • Feb. 9, 2021 -
Courtesy of Peloton
Peloton will incur 10 times its usual transportation costs as it ships by air, expedited ocean
The fitness equipment company is spending $100 million to speed deliveries to frustrated consumers.
By Shefali Kapadia • Feb. 8, 2021 -
The Container Store: 3PL surcharges 'much more impactful' than expected
The retailer pegged a double-digit slide in its margins on increased shipping costs that "more than offset" a nearly 21% YoY increase in sales, executives said this week.
By Matt Leonard • Feb. 5, 2021 -
Permission granted by BioNTech SE
Dry ice demand rises more than 1,100% as procurement leaders navigate vaccine rollout: Thomas
Sourcing for freezers and syringes ticked up significantly, and nitrile gloves are expected to be in high demand throughout the year.
By A.B. Brown • Feb. 4, 2021 -
Analysts see 'no underlying currents' to loosen tight airfreight capacity
Shippers, forwarders and carriers pivoted to short-term rate negotiations and the spot market as airfreight capacity dropped 18% YoY.
By Matt Leonard • Feb. 4, 2021 -
Harbor truckers dispute millions of detention, demurrage charges as fees surpass $200
Trucking firms may pass added costs down to shippers, depending on the relationship, as well as the terms of the contract between the two parties, HTA's CEO said.
By S.L. Fuller • Feb. 3, 2021 -
Courtesy of DHL
Deep DiveWhy the empty container math doesn't add up in US exporters' favor
What led to a global imbalance of available shipping containers? And what were the effects on U.S. businesses?
By Matt Leonard • Feb. 3, 2021 -
Permission granted by University of Maryland School of Medicine
FMC calls on Biden to prioritize vaccines, PPE for port workers
Unions and groups representing maritime employees reported nearly 2,000 COVID-19 cases since March 2020.
By Matt Leonard • Feb. 1, 2021 -
Tight capacity pushes CH Robinson to the spot market, hikes prices 29%
The market is showing signs of normalization, but pricing for customers will continue "gravitating higher throughout the course of the year," CEO Bob Biesterfeld said.
By Matt Leonard • Jan. 28, 2021 -
Is Lunar New Year the turning point for equipment shortages?
Manufacturers are operating at full capacity to produce containers. It's just a matter of moving the new equipment to where it's needed.
By Matt Leonard • Jan. 27, 2021 -
Courtesy of XPO
XPO CEO: More acquisitions possible once spinoff is complete
Bradley Jacobs turned XPO into a trucking powerhouse over the years by growing the LTL company organically and through absorbing other firms.
By Jim Stinson • Jan. 27, 2021 -
Intermodal carloads up 12% but railroads struggle with trip plan compliance
Traditional commodities, such as coal, saw volume slump on the rail lines in 2020, but intermodal grew thanks to a tight trucking market and a glut of containers needing to move.
By Matt Leonard • Jan. 26, 2021 -
Ocean rates rose through January as ports report record year
Carriers have held off on the blank sailings that usually happen around Lunar New Year, but one forwarder suggested booking loads for spring now as capacity is strained.
By Matt Leonard • Jan. 22, 2021 -
What does shipper of choice mean in 2021?
A history of short dwell times and consistent tendering behavior will be important as carriers prioritize freight in a tight market.
By Matt Leonard • Jan. 21, 2021 -
BNSF: Network redundancy key to intermodal speed
The railroad's new CEO, Katie Farmer, discussed adding redundancy at a time when other railroads see whittling away at network assets as the more in-vogue option.
By Matt Leonard • Jan. 21, 2021 -
California proposes points system to hold warehouses accountable for truck emissions
Road transport has been at the forefront of Southern California's emissions crackdown, but it's also one of the most challenging areas for supply chains to curb given the involvement of external parties.
By S.L. Fuller • Jan. 20, 2021 -
Rolled cargo ticks up at 75% of ports worldwide: Ocean Insights
Shippers are also dealing with an increased rate of blanked sailings to start 2021. Blanked capacity is expected to reach 13% and 11% of overall capacity in the third and fourth week of January, respectively.
By Matt Leonard • Jan. 20, 2021 -
Port of LA to roll out Control Tower with trucking, rail data
The tool will provide more information on dual transactions, as the port begins incentivizing terminals to increase them.
By Matt Leonard • Jan. 19, 2021 -
Column
Patent Pending: Walmart plans automated order picking, Target floats RFID for freight tracking
Supply chain innovators apply to patent what they see as important tools for the future. Sometimes they're brilliant. Sometimes they're funny.
By Matt Leonard • Jan. 15, 2021 -
Congestion could clog California ports into February, Hapag-Lloyd warns
One analyst suggested the congestion might continue into March, as nearly one quarter of all cargo was experiencing dwell times longer than five days near the end of 2020.
By Matt Leonard • Jan. 14, 2021 -
Deep Dive
Damco is gone. Where do Maersk, freight forwarders and shippers go from here?
Shippers face a choice as they plan freight strategies: the simplicity of a single end-to-end provider or the reduced risk of a diversified carrier network.
By Shefali Kapadia • Jan. 13, 2021 -
CH Robinson, SAS bet real-time demand data can shorten freight bid windows
Demand doesn't change at the pace of an annual contract. The two companies will use their existing tools to drive more agile freight procurement.
By Matt Leonard • Jan. 12, 2021 -
Airfreight rates start 2021 on a decline following mediocre peak
Rates more than doubled YoY from China to the U.S. to reach $7.57 per kilogram in the last week of December, but pricing has already fallen to $6.19 per kilogram in the first half of January.
By Matt Leonard • Jan. 11, 2021
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