Freight: Page 52


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    The image by Tom Thai/Flickr is licensed under CC BY 2.0 / Edited by Michelle Rock/Supply Chain Dive
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    How the CARES Act will affect supply chains

    The law offers financial relief to businesses weathering COVID-19 disruption and attempts to keep freight and last-mile cargo moving.

    By Morgan Forde • April 1, 2020
  • FMC creates teams to address coronavirus-related cargo challenges

    The agency took a similar approach in 2016, partnering with representatives from port authorities, terminal operators, longshore labor, rail and other stakeholders.

    By April 1, 2020
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    Edwin Lopez/Supply Chain Dive
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    2M Alliance announces blank sailings on 21% on Asia-Europe trade

    MSC will create a seasonal blank sailing program to match shrinking market demand due to the coronavirus. 

    By March 30, 2020
  • Ocean carriers blank sailings on Transpacific, European routes as importer demand drops

    Maersk announced three new blank sailings this week that would have served trade on European, Mediterranean and Transpacific routes.

    By March 27, 2020
  • CSX says leaner operations, more tech will help reduce emissions 37% by 2030

    The railroad seeks to meet this target by employing technology and operational strategies to increase fuel efficiency. 

    By March 26, 2020
  • United, American Airlines begin cargo-only flights as rates double between Europe and US

    As the number of global consumer flights dwindles, so does a large slice of the global airfreight capacity that existed in the belly of those passenger planes.

    By March 23, 2020
  • Moody's: Transport faces 'high exposure' to COVID-19 disruption

    A slump in cargo demand or viral outbreak among drivers puts trucking at risk. 

    By March 20, 2020
  • XPO ends spinoff strategy in light of COVID-19 outbreak

    CEO Brad Jacobs' January announcement that he would consider selling off parts of the business was a sign trucking M&A was healthy, but world events have conspired against further plans.

    By Jim Stinson • March 20, 2020
  • DHL Global Forwarding declares force majeure, reserving the right to modify services

    The group said all aspects of the ocean and air supply chains are "impossible to predict or control" in the current COVID-19 pandemic situation. 

    By March 20, 2020
  • Ports shift operations, hours in coronavirus response

    The Georgia Port Authority said it is temporarily suspending Saturday truck gate hours while Port Houston is reopening two terminals after an employee tested positive for COVID-19.

    By Updated March 25, 2020
  • Maersk rolls out 'door-to-door' cargo insurance product

    The insurance will cover loss or damage during end-to-end transportation of cargo, regardless of transport supplier.

    By Morgan Forde • March 19, 2020
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    Kendall Davis/Supply Chain Dive
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    Trucking demand surges as retailers restock

    Analysts said demand spikes and spot rate increases are "directly attributable" to the COVID-19 outbreak as retailers attempt to restock depleted stores. 

    By March 17, 2020
  • Shippers see lower bunker fees as ocean freight demand, oil prices drop

    The surcharge shippers pay is now much lower than anticipated and the extra cost to comply with the new IMO regulations will be put off until the economy steadies. 

    By March 17, 2020
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    Kendall Davis/Supply Chain Dive
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    Struggling intermodal meets further headwinds with coronavirus

    Intermodal had to compete with low spot rates in the trucking sector for all of 2019 and now must deal with a slump in demand caused by a pandemic.

    By March 16, 2020
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    Flickr Creative Commons
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    IGA looks to China operations for coronavirus guidance

    Chinese supermarkets stretched to the limit by the crisis offer a glimpse of the challenges and solutions that grocers in the U.S. face.

    By Sam Silverstein • March 16, 2020
  • Airfreight rates from China to US climb 27% in 2 weeks as demand surpasses capacity

    Flight cancellations out of China have removed 5,100 tons of capacity from China per day on average, which has led to a 36% year-over-year decline in total airfreight capacity out of mainland China.

    By March 12, 2020
  • EU travel restrictions to decrease transatlantic air cargo capacity

    Though cargo-only flights are not restricted, removing belly cargo space from commercial flights will take a significant bite of out of market capacity on the affected routes. 

    By March 12, 2020
  • Union Pacific to tackle emissions reduction with science-based targets

    Railroads are one of the lowest-emissions freight modes available, but a longstanding close relationship with the coal industry complicates their record on climate issues. 

    By March 11, 2020
  • Port of LA volume down 23% in February, further decline expected

    The impact of the trade war with China was depressing volumes. Disruptions from novel coronavirus response efforts in Asia have driven levels down even further.

    By Morgan Forde • March 10, 2020
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    XPO Logistics
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    XPO to acquire majority of Kuehne + Nagel's UK logistics assets

    The deal gives XPO access to 75 of Kuehne + Nagel’s 83 logistics facilities in the country and a blue chip customer base in the e-commerce, technology, and food and beverage industries.

    By Morgan Forde • March 10, 2020
  • NRF: Import bounce-back will take more time

    NRF's tracker is now forecasting April imports will be down 3.5% year-over-year, due to the COVID-19 outbreak, while May and June are projected to be slightly more than 9% up. 

    By March 10, 2020
  • CMA CGM expects normal operations to resume in China mid-March

    CFO Michel Sirat estimated the phenomenon could bring down the carrier's 2020 total revenue by 2-3%, or $100 million. 

    By March 9, 2020
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    Kendall Davis/Supply Chain Dive
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    Coronavirus adds hurdle for air cargo industry saddled with demand slump

    Airfreight demand was down YoY for 2019 and the full impact of the COVID-19 outbreak won't show up until the February numbers are released next month, according to the International Air Transport Association.

    By March 9, 2020
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    Courtesy of Getty Images
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    Chinese port calls trend toward normalcy

    Figures from Clarksons Platou Securities, a maritime brokerage, suggest port calls have already surpassed 2019 levels.

    By March 4, 2020
  • Blank sailings, demand drop could cost carriers a combined $1.9B

    More blank sailings have been announced, but the pace has slowed and experts are optimistic.

    By March 3, 2020