It costs roughly $7 million to charter a vessel, but avoiding congested ports may be worth it for some big companies.
AirTerra’s founder looks to connect regional parcel carriers and offer options to SMB retailers. AEO looks to offer logistics as a service to competitors.
Costco is going boating. Unwilling to wait for space on commercial vessels, it is now renting its own ships to haul exports from Asia.
The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.
Faxinating Solutions, an EDI provider that works with some of the largest shippers in North America and IBM, says it was the victim of a ransomware attack.
In these unprecedented times of COVID-19, new governmental regulations and economic uncertainty, FreightWaves’ Driver Appreciation Award highlights leaders in the supply chain who value and respect drivers.
It won’t be the last opportunistic e-commerce acquisition we see.
The nationwide retailer has become the first participant in the U.S. Food and Drug Administration’s Voluntary Qualified Importer Program, which aims to reduce foodborne illnesses from imports.
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Morgan Stanley says that shippers with low gross margins, bulky merchandise, and relatively low cost of goods sold who outsource their transportation needs are at the mercy of rising freight costs and will face EPS headwinds in 2018.
Costco has expanded its partnership with California-based startup Instacart and that means that customers are now able to get shelf-stable food ordered online and delivered within two days. Fresh foods will be delivered the same day.
Following allegations of unfair treatment to port truck drivers, Pacific 9 Transportation is getting dropped by Costco as a supplier of transportation over the potential labor violations, USA Today reported.
