Freight: Page 48
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Maersk acquires KGH Customs Services for $281M
Maersk has been open about its ambitions to expand into other parts of the supply chain, positing logistics sector growth as a main business objective.
By Matt Leonard • July 6, 2020 -
MSC adds instant quotes to website
The instant quote option will only be available on trade lanes from North America to Europe and from Asia to Europe, but the carrier plans to expand the offering throughout the year.
By Matt Leonard • July 1, 2020 -
USMCA takes effect. How does it affect supply chains?
Shippers are struggling to determine whether ramping up nearshoring efforts or absorbing tariff costs from overseas suppliers is the most cost-effective strategy under the new NAFTA.
By Morgan Forde • July 1, 2020 -
The image by Zulu84 is licensed under CC BY-SA 4.0
23 CPG companies form contactless delivery task force
The Consumer Brands Association task force members are working with Accenture, Coyote Logistics and Vector, a transportation digitization company, to develop and scale electronic bills of lading across CPG supply chains.
By Morgan Forde • June 30, 2020 -
Freight market shows slight improvement in May
The scale and timing of recovery depend largely on uncertain customer demand amid high unemployment and spiking coronavirus infection rates in some reopening states.
By Matt Leonard • June 29, 2020 -
UPS lowers peak surcharge on China-US shipments starting Sunday
The reduction coincides with a gradual calming of airfreight demand and rates, but surcharges remain above the amount announced in March.
By Shefali Kapadia • June 26, 2020 -
"Medical disposable masks on wooden background" by Marco Verch Professional Photographer and Speaker is licensed under CC BY 2.0
FEMA winds down PPE flights as 'supply chain is stabilizing'
Brokers have said the PPE procurement process is nowhere near normal, and the agency has an agreement with airline partners to redeploy Project Airbridge if needed.
By S.L. Fuller • June 24, 2020 -
Kuehne + Nagel extends 2030 net-zero carbon goal to include suppliers, contractors
The new target incorporates contracted services and purchases, adding nearly 60 times the emissions to measure and manage compared to the company's previous 2010 goal.
By Emma Cosgrove • June 24, 2020 -
Carriers reinstate capacity on Transpacific route after rates rise 50%
Blank sailings have kept rates aloft as carriers match capacity with a downturn in freight demand. However canceled trips are set to increase again in the third quarter, according to Sea-Intelligence.
By Matt Leonard • June 24, 2020 -
CSX lays off 86 including management
The railroad did not specifically reference the coronavirus in its explanation for the staff cuts, but CEO Jim Foote has forecasted that the cost cuts driven by the pandemic may be maintained even when volumes recover.
By Emma Cosgrove • June 23, 2020 -
Shippers should embed carrier financial health into resilience plans as pandemic upends logistics
As supply chain leaders shift their focus to increasing resilience, they will need to consider multi-modal, multi-carrier logistics plans, according to CSCMP's State of Logistics Report.
By Matt Leonard • June 23, 2020 -
Airfreight rates from China to US begin falling back to earth
Demand for transporting PPE via air has fallen as shippers build up inventories, but aifreight rates remained up 65% year over year through June 8.
By Matt Leonard • June 22, 2020 -
FMC: Trucks should return empties to pickup terminal, increasing dual transactions
The process would boost driver productivity and reduce congestion at the ports of Los Angeles and Long Beach.
By S.L. Fuller • June 19, 2020 -
CH Robinson flexes muscle to wrangle PPE supply chains
The struggle to procure PPE has led states and hospital systems to lean on the procurement and logistics skills of private players.
By Emma Cosgrove • June 18, 2020 -
MSC rolls out carbon neutral shipping program
Shippers now have the option to offset the carbon emissions produced in transit by investing in clean energy and environmental protection programs chosen by MSC.
By Morgan Forde • June 17, 2020 -
Automotive rail volume remains below pre-pandemic levels as factories reopen
Motor vehicles and parts volume was down 75% year over year in May, according to the latest numbers from the Association of American Railroads.
By Matt Leonard • June 17, 2020 -
CMA CGM adds $200 per TEU peak surcharge for July as rates soar
Rising rates suggest carriers may have overestimated the downturn in freight demand, as capacity heading to the U.S. West Coast is expected to be 10% higher through June compared to May.
By Matt Leonard • June 16, 2020 -
The image by Sarah Nichols is licensed under CC BY-SA 2.0
Commercial truck traffic returning to pre-pandemic levels
Research indicates trucking is in a better position to recover from the shutdowns than other industries.
By Jim Stinson • June 16, 2020 -
DHL Express expands hiring as peak season volumes continue through summer
The carrier is opening 400 full- and part-time positions at three major airports to cope with double-digit increases in parcel volume.
By Morgan Forde • June 15, 2020 -
Port of LA's Seroka calls for nationwide data sharing portal
The system would allow ports, carriers and shippers to get a better view of cargo movement with details including when a customer makes a reservation and the location of containers throughout the country.
By Matt Leonard • June 12, 2020 -
Maersk commits fleet to improve climate research, cites potential to improve arrival times
Having access to better weather data will help the carrier optimize routes for on-time delivery, fuel efficiency and crew and cargo safety, the company said.
By Morgan Forde • June 11, 2020 -
Descartes boosts digital bona fides with $12M Kontainers acquisition
Kontainers' technology helps carriers, freight forwarders and logistics companies create platforms to facilitate instant quoting, booking and shipment tracking.
By Matt Leonard • June 11, 2020 -
Supply chain median salary 24% higher than national median, gender gap narrows
Supply chain professionals with a bachelor's degree have a median salary of $78,750 and 88% of respondents said they have a positive career outlook.
By Matt Leonard • June 10, 2020 -
3 strategies for managing trucking RFPs in the pandemic
Shippers chasing low spot rates in the short term may damage relationships with carriers in the long term.
By Gary Wollenhaupt • June 9, 2020 -
Blank capacity nears 4M TEUs with carriers planning Q3 cancellations
The amount of blanked capacity increased 15% week over week to end a six-week plateau where industry held sailings steady.
By Matt Leonard • June 8, 2020