This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Mark’s 35 years in transportation and logistics includes 17 years of experience with Transplace (now Uber Freight), where he held the position of Sr. In June 2009, he became certified as an APICS CSCP. An experience that was built by freight practitioners for freight practitioners. Hunt Transport, Inc. Mark earned a B.S.
Massive ships. While container terminal operators certainly feel the pressure, freight forwarders and the shipping lines themselves have a few planning puzzles to sort out on their own. Capacity of container ships handled in 2014. Shipping lines alliances. Slow steaming. Alliances and consolidation.
How Freight Disrupted Itself. In the last year, a new dynamic has begun to reshape the freight industry. Phil knows his (freight) stuff. In his PhD thesis he developed a product to secure ocean freight rates with financial derivatives. Declining Freight Rates. Suddenly the freight industry is not so opaque.
Cambridge Capital was founded in 2009 as the investment affiliate of BG Strategic Advisors (www.bgsa.com), the advisor of choice for a large, growing number of supply chain CEOs. Last mile or final mile is perhaps the most important and difficult part of direct-to-consumer (DTC) shipping. Cambridge Capital. Related Podcasts.
Cambridge Capital was founded in 2009 as the investment affiliate of BG Strategic Advisors ( www.bgsa.com ), the advisor of choice for a large, growing number of supply chain CEOs. Tusk save Shippers 40% or more on small parcel shipping. The Greenscreens.ai
The question now is what will the impact of such a recession be, particularly on shipping. What Happens to Shipping. Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. Which, in turn, will drastically impact shipping.
Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. AlixPartners).
will face shortages in trucking resources again , predominatly a trucker shortage, in the near future due to an array of developments that may cause shippers to find loads left on the ground, shipping costs rapidly escalating, and shrinking profit margins that stun stakeholders. 2009 was an exception due to the 2008–2009 recession.)
Since 2009, when ScottsMiracle-Gro began implementing its new distribution model, the Company has reduced the number of miles traveled to ship products to home center customers by approximately one-third. ScottsMiracle-Gro is consolidating the warehousing and distribution of its bagged products that are shipped to home center stores.
Thursday, April 16, 2009. I received several emails and even another blogger posted commentary on the challenges for US retailers to ship overseas. For example when I wrote a general statement that "retailers dont get shipping abroad." They ship to about 15 countries including Switzerland. Subscribe To. UPS to the Rescue.
Another Friday where I have limited time, so let’s go straight to this week’s supply chain and logistics news that caught my attention: Uber to move freight, target trucking for the long haul (Reuters). Blockchain Makes Inroads in Shipping (WSJ – sub. Global Container Volume on Track for Worst Year Since 2009 (WSJ – sub.
Cambridge Capital was founded in 2009 as the investment affiliate of BG Strategic Advisors (www.bgsa.com), the advisor of choice for a large, growing number of supply chain CEOs. Last mile or final mile is perhaps the most important and difficult part of direct-to-consumer (DTC) shipping. Cambridge Capital. Related Podcasts.
Brent crude oil prices Dec 2009 – Dec 2014 (Source MoneyAM.com). Shipping and delivery capabilities become even bigger competitive weapons. Shippers and carriers continue to shift away from long-haul trucking and one-way freight. 2015 is less than three weeks away, and a barrel of Brent crude oil is $65.70
This week a sobering reminder from New England Motor Freight (NEMF) that all parties ultimately come to an end. We have worked hard to explore options for New England Motor Freight,” Colistra explained in a statement posted on the company’s website on Feb. I’m sure you have some suggestions for me. filed for bankruptcy on Monday.
More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. America East Coast peak of $22k/FEU.
It was a relatively quiet week for supply chain and logistics news, with robots and weak freight demand dominating the headlines. Air cargo firms feel the pressure from plunge in freight prices (Reuters). Global trade volumes fell for the first time since 2009 by 1.7 Global trade volumes fell for the first time since 2009 by 1.7
Amazon Looking to License or Acquire Freight-Management Technology (WSJ-sub. Kewill Introduces SOLAS-Compliant Freight Forwarding Solution by Integrating INTTRA eVGM Service. Five years later in 2009, I also predicted that a leading logistics service provider would acquire a leading logistics software company.
December 2015 Freight Transportation Services Index (TSI). Cass Freight Index Report January 2016. Back in June 2009, I wrote the following in a post titled Amazon.com: A Customer-Centric 3PL : “You won’t find Amazon.com on any ‘Top 25 3PLs’ list, but the company is a leading 3PL in my book.” Will it succeed?
To get quick overview of some existing security programs, Ive gathered more information for the article called " Security Program as Part of Efficient Supply Chain Management " by Hintsa and Hameri 2009 as below, 1) C-TPAT Program: a program initiated by U.S. 6) Freight forwarder is used as a "consignee" or receiver.
freight and logistics industry continues to mitigate recessionary conditions including the April 2023 Logistics Manager Index reaching its lowest level lowest level in six years and one-half years. freight, logistics and parcel movement industry. The firm’s Maersk Line container shipping business unit reported net profit of $2.3
However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. System driven audit support – for freight audit management.
Since 2009, ocean carriers have faced many uncertainties—and they’re expected to continue for the foreseeable future. For example, the China-owned COSCO and China Shipping Container Lines (CSCL) have confirmed their merger. Let’s look at six key topics to watch in the coming year that could impact your budget planning now.
Or how about if you need capacity for a shipment – broadcast it across the social media outlets and you are likely to find space for your products to ship. Freight Cost Management eliminates post-audits and disputes. in Freight Cost Savings Per Shipment: Logistics Sourcing activities improve negotiated rates.
Ashton talked in depth about IoT to the RFIDJournal.com in 2009″ “Today computers – and, therefore, the internet – are almost wholly dependent on human beings for information. ” Ashton added that IoT had grown a lot since 2009, but he claimed it has still has much further to go.
After the development of bitcoin invented by Satoshi Nakamoto in 2009, computer scientists, software industry, and the banking industry were intrigued by the potential applications of bitcoin’s underlying “blockchain” process. In the ocean freight industry, many steps are conducted manually with lots of paper work. .
After the development of bitcoin invented by Satoshi Nakamoto in 2009, computer scientists, software industry, and the banking industry were intrigued by the potential applications of bitcoin’s underlying “blockchain” process. In the ocean freight industry, many steps are conducted manually with lots of paper work. .
Here’s what I wrote back on this date in 2009, as I recalled the events of that tragic day eight years earlier: I grew up in Brooklyn, New York, near Red Hook and the docks. DAT Solutions Launches Freight Market Analytics Service. Toys R Us lowers free shipping limit for online orders. Today is September 11. I never forget.
Since 2009 I have been writing and presenting on the same, in fact Social is one of The Seven S’s of Supply Chain Management which highlights seven key trends emerging to support future state SCM. On the outbound side the system automatically creates fully cubed mixed vendor and retailer owned goods to be shipped direct to store.
since 2009. Omnichannel supply chain models must manage freight flows to meet these demands—which is why TMS technology has become an indispensable component of omnichannel operations. The National Retail Federation expects retail sales in November and December, excluding autos, gas, and restaurant sales, to increase a solid 3.6%
On Sunday afternoon, a bridge along Interstate 10—a key shipping route between Arizona and Southern California— collapsed during a heavy rainstorm , injuring one and leaving countless drivers stuck. Poor infrastructure slows down our nation’s supply chain, augmenting freight costs and increasing congestion. Bridge in Troubled Water.
I started my career working in 3PL’s – one of which was the largest freight forwarder in the world in the 1990’s. After selling the business in 2009, I went on to work for a leading US Chemical company and then a global 3PL. I then went on to work as a ‘shipper’, for a swiss confectionary manufacturer and then a global IT distributor.
While LTL shipping may have been the gold standard for shippers in the past, more shippers are starting to turn to a combination of parcel and less-than-truckload (LTL) shipping to cut costs and drive profits. Parcel Shipping. The Main Drawback of Parcel Shipping. Benefits of Parcel Shipping.
During the downturn, carriers invested less in new trucks and terminals because shipping tonnage decreased. Now, shipping tonnage has increased and trucking capacity is much tighter. Fedex Freight $5.2B 14.9%. Con-way Freight $3.3B 9.4%. YRC Freight $3.2B 9.2%. UPS Freight $2.4B 6.9%.
LTL, or Less-Than-Truckload shipping, represents the transport of freight that doesn’t require an entire truck’s space. formerly known as YRC Freight, sent shockwaves throughout the transportation industry due to its dominant position. The repercussions are profound, with the LTL shipping sector being notably impacted.
Carriers and providers experienced windfall profit levels in their ability to leverage the constant disruptions and ship deployment imbalances into skyrocketing spot rates, added services fees, surcharges or demurrage penalties. Other shipping lines are likely to anticipate lower volumes.
There is much more to shipping rewards than throwing products in a box and slapping on a label. If you’re like a lot of small business startups, however, you might have forgotten to figure in fulfillment costs, including shipping and warehouse storage fees. After all, that geode science kit or spiffy new bicycle design is your baby.
While these financial pressures have been ongoing since 2009 due to several factors, overcapacity was certainly one of the most prevalent. Ocean carriers continue to see their average operating margin dip below zero as rates fell to their lowest levels since 2009. 2017 Projections. Sri Laxmana has been with C.H.
In 2009, Yellow merged with Roadway Express to form YRC Worldwide Inc. The failure of YRC reverberated through the trucking industry in several ways: Capacity Shift: The sudden closure of Yellow led to a disruption in freight capacity. capacity declined, and shipping rates increased. to stave off bankruptcy.
However, digitization really became mainstream around 2009 when there were officially more “things” than people connected to the internet. The tools supporting digitization enables the presentation of information in ways not conceived of pre-2009. System driven audit support – for freight audit management.
On January 4, the Shanghai Containerized Freight Index (SCFI) posted figures that showed week over week increases of 98% on West Coast rates and 77% on East Coast rates. The idle ship capacity soared from 230,000 TEUs at the beginning of 2015 to 1.36 The idle ship capacity soared from 230,000 TEUs at the beginning of 2015 to 1.36
Online retailers on the other hand, will lure customers with a more pleasing web experience, the convenience of free shipping, inventory availability and lowest price. December 2009. November 2009. October 2009. September 2009. August 2009. April 2009. March 2009. February 2009.
More Resources Home January 3, 2024 Update The Freightos Weekly Update helps you stay on top of the latest developments in international freight by giving you the rundown on the latest economic data, ocean and air demand trends, rate data – and anything else impacting the market. America weekly prices fell 13% to $1.82/kg.
. The LTL carriers are getting good freight from 3PLs, so the relationship is working in many ways. Tonnage shipped via LTL has steadily risen since the market lows of 2009. Tonnage shipped via LTL has steadily risen since the market lows of 2009. However, there is much room for improvement.
The hard data of physical goods flow confirms that people are still making things, shipping things, and buying/consuming things. Financial markets are largely driven by emotion, but freight flows are not. The consumer economy, after not producing any meaningful growth since 2009, began to grow in 2017 and has accelerated in 2018.
We organize all of the trending information in your field so you don't have to. Join 102,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content