The main purpose of these agreements is preparation. Companies can revisit and revise an SLA that they find no longer serves them. If trouble comes when there is no SLA in place, however, resolving conflict can become difficult.
Industrial chemicals, petroleum coke and dry bulk led the way in June
Autonomous software provider will evaluate miniature machine for Navistar truck
Despite facing challenges of a nascent industry, company sees plenty of room for further expansion
Railroads are a responsible way to mitigate the transportation-related causes of climate change
E-commerce pushes rapid growth in domestic parcel business
Same-day versus next-day delivery: Which is more sustainable?
In 2020, total consumption of
fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu),
down 9% from 2019 and the
lowest level since 1991.
Your weekly fuel report has arrived!
After months of tepid increases or decreases, industry tacks on a lot more workers
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
United States Petroleum Product Consumption
Your weekly fuel report has arrived!
Picking up the phone before partnering up can help identify ill-suited broker-shipper relationships and avoid costly mistakes.
The RFP process can be daunting, but these tips can help set you up for success.
Seeking collaboration over individualism is vital. In a world — and an industry — that grows more connected by the minute, it is impossible to do anything in a vacuum.
Most Dangerous US Highway Stretches
The company plans to build on UNF’s transportation and logistics program with real-life experiences, Crowley’s CEO says.
Shares of Total US Energy Consumption by Major Sources
Navigating the logistics of time-sensitive, specialized renewable energy projects is no walk in the park when capacity constraints and port congestion are at play.
Estimated US Average Vehicle Emissions Rates
Autonomous Operation Levels
What Are Truck Blind Spots?
Transportation Employment Update
Container Ship Fleet Size by Nationality of Operation
Mexico Remains Top US Trade Partner, Canada No. 2
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Top 10 Carrier Groups’ Share of Global Fleet
United States Greenhouse Gas Emissions by Economic Sector
Find Out What Logisticians Do, and Other Facts About Their Profession
The Alpharetta, Georgia-based peanut and tree nut processing company “will be closing entirely and permanently ceasing operations” in El Paso, Texas.
My 10 takeaways upon diving back into the supply chain game.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Mexico records 692 commercial cargo thefts in April; VW cuts production in Mexico and Tennessee plants; ATRG acquires Texas trailer fleets; and CBP officers seize $5.5M worth of meth in Otay Mesa.
Industrial and logistics real estate investment trust Prologis brings in an industry veteran to manage relationships with multimarket customers and expand broker relationships.
Amazon confirmed its annual Prime Day event will be held in Q2 (likely June), as it seeks to improve on a record Q2 2020, when revenue grew 40%. But there’s also major supply chain reasoning behind the decision.
Bringg’s Klein said COVID showed it’s tough for a logistics provider to scale up quickly when you need to.
Creating technology that once affixed to a parcel, activates tracking and other monitoring capabilities.
A storm that hit overnight Monday has caused a freight slowdown at the commercial border crossing in Laredo, Texas.
Companies that resist technological innovation or refuse to audit their current systems at this point may be risking more than just favorable rates; they may be risking the viability of their business.
Self-Driving Trucks. The Future of Trucking?
Carriers spend more time on verification requests than
hiring qualified drivers and growing the business. See how Tenstreet’s Xchange processes Defy slow recruiting.
How reverse logistics creates value for large-product retailers
Prior to the implementation of AI and machine learning solutions, shipment visibility was dismal, and about one in three time-critical shipments arrived late.
This year has presented both unique challenges and opportunities for the third-party logistics warehouse industry.
Universal Logistics Holdings reported $415.2 million in operating revenue during the first quarter.
The biggest changes Bed Bath & Beyond must make are in the supply chain, which has been referred to as “noncompetitive” by management.
The once-stagnant logistics industry has undergone rapid change in recent years. The 2017 electronic logging device mandate sparked something of a technological revolution within the industry. This focus on tech — coupled with outside forces ranging from consumer demand to climate change — has fostered an environment of innovation. Companies that are slow to adapt to new expectations are likely to be left behind. Shippers are no exception.
Third-party logistics providers, or 3PLs, are used for the outsourcing of warehouse and distribution needs for their customers’ inventory and fulfillment.
FreightWaves CEO Craig Fuller writes about FreightWaves, as well as transportation today and moving forward.
STORD, which describes itself as a cloud supply chain company, has secured a $65 million funding round as it seeks to expand upon its logistics capabilities.
Changes in customer demand and rising expectations are helping force the transportation industry to evolve in order to meet the growth of this market.
Former CFO Nicky Osborne of shuttered Bison Global Logistics was sentenced to nearly four years in prison and ordered to pay back nearly $8 million in fraud and tax evasion scheme.
With Malcolm Wilson, XPO’s chief executive officer for Europe, taking the lead as the CEO of GXO, the company expects the spinoff will create long-term value for its stakeholders.
A new report from IBM Security, “X-Force Threat Intelligence Index 2021,” highlights the evolving nature of the cybersecurity threats facing companies — with ransomware coming out on top.
This fireside chat about logistical trends in artificial intelligence and automation highlights a variety of misconceptions. “Almost immediate ROI” might be enough to steer logistics companies toward AI, said Kate Curtin, head of marketing at Deep Cognition.
Allyn International experts discuss how a 4PL control tower acts as the nervous system in a global supply chain.
An Illinois firm, Lions Logistics 1, which specialized in perishable foods and other time-sensitive loads, filed for Chapter 7 bankruptcy, reporting a 96% drop in revenue in 2020.
Alibaba is a massive online shopping platform, but it also wants to be a dominant logistics provider around the world. It now covers Japan.
Logistics provider ArcBest beats third-quarter expectations by 50%. Improved demand and cost management drive the result.
The BNSF Logistics team rallies around a shared purpose: “We deliver what matters.”
Logistics giant NFI is adding 5,000 new jobs before the end of 2020, further evidence of the demand on trucking to meet pandemic-induced and holiday freight needs.
Increased e-commerce sales are driving the need for additional industrial warehouse space for retailers and shipping companies.
Radiant Logistics achieves a couple of records during the recent quarter. Moving PPE and other aid paves the way to a large earnings beat.
Radiant Logistics reports new revenue and earnings records in a fiscal fourth-quarter update. The company has delayed its annual filing and conference call with analysts, citing delays associated with the pandemic.
Chris Thomas, a veteran venture capitalist from the mobility sector, teams with Detroit and European-experienced experts to invest in startups in physical and digital movement of freight, people, data and energy.
July supply chain survey confirms torrid pace of logistics recovery as transportation capacity remains in short supply and rates bound higher.
Trident is converting spot opportunities to contracted business in the pandemic.
Temperature-controlled e-commerce fulfillment provider Perishable Shipping Solutions has closed an $8.7 million funding round. The company plans to add new terminals to its two-facility operation and hire staff.
Werner Enterprises reports second-quarter earnings well ahead of analysts’ forecasts and largely in line with the year-ago quarter.
Knight-Swift sees demand improve throughout the second quarter, producing a big earnings beat. The carrier raises its 2020 earnings outlook to a level higher than its original expectation.
Logistics REIT Prologis sees demand for space accelerate even as e-commerce activity recedes to near-normal levels. 2020 outlook raised on market tightness.
French 3PL FM Logistic reports strong organic growth in its recent fiscal year as European expansion progresses. The company didn’t issue annual guidance due to COVID-19 uncertainty.
The best time to build on your company’s offerings through acquisitions may actually be during a global disruption.
Guest commentator Eric Masotti writes about the importance of technology in logistics – but also underscores the importance of dedicated people to the process.
Logistics companies are performing at a high level despite supply chain challenges caused by the coronavirus pandemic and inadequate government planning, Ebola response coordinator Ron Klain said.
Werner believes its consumer-heavy shipper base will allow the company to ‘more effectively manage through’ the downturn.
Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
Ubirch, a blockchain cybersecurity company, has joined the Blockchain in Transport Alliance (BiTA). Learn more about Ubirch and BiTA.
If you need coronavirus gear, who you gonna call? Logistics busters!
Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
Americans are taking to their laptops instead of heading to the mall, and legacy retailers are facing the pressure to adapt to the times.
While FEMA is working to airlift medical supplies from international sources, the White House doesn’t want to share equipment with other countries that may be in need. But don’t blame logistics providers like FedEx, which are executing on their logistics contracts.
COVID-19 is driving change in industry that highlights a new way businesses may operate going forward. Plus, air cargo companies accused of jacking rates, warehouse hiring rises and trucking’s image is getting a makeover.
Consultants, used to going onsite to perform their work, are now tasked with providing assessments without travel to a customer’s facility.
Roadrunner seeks voluntary delisting from the NYSE as it continues its reorganization and focuses on asset-light offerings.
XPO increases paid sick leave by two weeks for employees affected by the coronavirus.
Citing a deterioration in market conditions, XPO announces that it is no longer looking to spin-off its separate business units.
Brian Aoaeh explores the vulnerability of supply chains in an interconnected world that is threatened by a potential pandemic.
If it looks like a duck and walks like a duck, it’s probably a duck. Public and private officials behind the development of a large air cargo terminal at San Bernardino International Airport say they have no idea who will occupy the air-to-truck transfer terminal, but the telltale signs point to Amazon.com and its Amazon Prime Air network.
China’s largest ecommerce company, JD.com, not ready to completely quantify coronavirus disruption.
Brian Aoaeh explores unforeseen shocks to global supply chains and global commerce.
The rapid growth in online retail sales and consumer demand for fast delivery is spurring construction of giant fulfillment centers.
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
Logistics continues to adapt due to globalization and technological innovations. This article explores trends that may change logistics in 2020.
Companies exposed to transportation, including 3PLs and freight tech startups, are adjusting to market realities.
Werner’s management team is still pointing to a truckload recovery in 2020 but noted that the first half will be a challenge.
The majority of executives expect growth exceeding 10% and are actively pursuing deals.
USA Truck reports another worse-than-expected loss as it revamps the company.
Toyota Motor Corp. opened its new $700 million Tacoma pickup assembly factory in central Mexico last month, aiming to use a combination of rail and short-sea shipping to export the pickups into the U.S. “Rail traffic will come through Laredo, but the majority of shipments into the U.S. will be by short sea, leaving from […]
With MARS on the horizon in the 2030s, NASA is pushing for collaboration among international and industrial partners.
