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Cargo losses escalate as thieves target cars, electronics. The Port of Oakland reportedcargo in April dropped 7 percent compared to the same period a year ago due to factory and port shutdowns in China. With the reduction in cargo coming out of Shanghai, some carriers aren’t able to fully load a vessel. s CargoNet.
The free report is available in PDF with supporting spreadsheets and high-resolution infographics here. Other sources reported that DB Schenker was not the only forwarder making this shift. Today, 75 to 80% of cargo arrives on time. Maersk 2019 Annual Report. Driving the Maersk Shift.
As reported by the Wall Street Journal : United Parcel Service Inc. The company said on Wednesday “that soaring online purchases have caused delays in its distribution network,” according to Reuters. The post This Week in Logistics News (December 4-8, 2017) appeared first on Talking Logistics with Adrian Gonzalez.
Descartes Reports Fiscal 2017 Fourth Quarter and Annual Financial Results. January 2017 Freight Transportation Services Index (TSI). Those who become independent contractors sign lease-to-own deals to purchase their vehicles, often with those same companies.
In his 2017 annual shareholder letter , Bezos lauded “divinely discontent” customers as innovation drivers. According to their 2017 annual report, over a quarter of Amazon’s third-party sales (which represent half of Amazon’s sales) are cross-border. That’s not surprising, given that Amazon’s shipping costs grew from $11.5
More on Maersk’s transition to an end-to-end provider can be found in this 2020 report. On the horizontal carrier integration front, Maersk has doubled down on its extension from ocean consolidation (Hamburg Sud, 2017) to air cargo, increasing Maersk Air by 33% with three leased cargo planes and two new Boeing purchases.
However, their use felt some restraint, and most companies used them to track large-scale shipments, such as cargo containers, reports Claire Swedbery of the RFID Journal. AIDC communications reduced workload , making tracking items and using analytics easier than ever. of the WIOMAX SmartIoT Blog.
If consumers ever think about supply chains and how the items they desire manage to find their way into their homes, they likely picture fleets of trucks, trains, airplanes, and cargo ships — the logistics part of supply chains. As modes of transportation improved and supply chains extended, logistics got more complicated and complex.
Seldom do people wonder how those tokens of affection made it to store shelves for purchase. ”[2] All the sparkling wine Fronetics analysts report being purchased for the holiday seems to have been overlooked by the NRF. ” But when it comes to candy, Loria reports chocolate is king. The Flower Supply Chain.
Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. To address this challenge, Switzerland is developing an autonomous underground cargo system. ”[4] The Swiss vision will take some time to become a reality. .”[4]
Real estate journalist Will Parker ( @_willparker_ ) reports, “The last mile in the e-commerce delivery process looks like a windfall for real-estate owners. To address this challenge, Switzerland is developing an autonomous underground cargo system. ”[4] The Swiss vision will take some time to become a reality. .”[4]
The blockchain has the potential to transform the supply chain and disrupt the way we produce, market, purchase and consume our goods. Cheng-Shorland explains, “Supply chain is driven in large part by the procurement process. Everything moves through the process based on the procurement contract.”
Correspondent Bill Whitaker ( @BillWhitakerCBS ) reported, “Getting the goods from here to store shelves is proving to be a lot more daunting. It used to take two days to get cargo off the docks. Conex containers evolved into modular units that could stack efficiently to store more cargo in one location.”[4].
Bloomberg reports that U.S. On Wednesday, Target announced an agreement to purchase grocery delivery startup Shipt , with plans to use the acquisition to roll out same-day delivery to some 900 stores by summer 2018. The move will reduce fuel costs and fleet emissions, according to a company executive. This week: U.S.
Top View Cargo containers ship logistics transportation Container Ship Vessel Cargo Carrier. A new report from the industry association E-commerce Europe found that there was a 15% growth in 2016 and the industry is predicted to be worth €602 billion by the end of 2017.
Bloomberg reports that U.S. On Wednesday, Target announced an agreement to purchase grocery delivery startup Shipt , with plans to use the acquisition to roll out same-day delivery to some 900 stores by summer 2018. Retail Sales Outpace Forecast, Bringing Glad Tidings for Holiday 2017 appeared first on Supply Chain Nation Blog.
Launched in 2017, Uber Freight pairs truck drivers with shippers in a similar way that the company’s ride-hailing app connects those looking for a ride with available drivers. All three of these digital freight brokerage platforms provide sharing of truck and ship capacity , helping to reduce inefficiencies relating to unused cargo space.
The recent study by IMARC Group, entitled “Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, estimates that the global logistics market reached a value of US$ 1,171 Billion in 2017 and is estimated to register a CAGR of 2.7% during 2018-2023, reaching a value of US$ 1,374 Billion by 2023.
According to the 30th Annual State of Logistics Report by the Council of Supply Chain Management Professionals (CSCMP), companies spent $1.64 Rising costs mean that companies must continue to innovate and implement strategies that can help reduce logistics costs and boost the bottom line.
According to the Association of American Railroads (AAR), the estimated cost of a nationwide freight railroad shutdown is more than $2 billion a day. This figure also includes the shipment of e-commerce purchases and other small parcel shipments. This will add additional costs to UPS’ bottom line should that happen.
Pharmacy: Amazon Pharmacy – Online service for purchasing prescription medications with home delivery. Business Solutions: Amazon Business – Marketplace offering tailored products and tools for businesses, including bulk purchasing and business pricing. Super fast and on-demand deliveries through the air?
Same-day delivery is at the top of shoppers’ wish lists this holiday season, as Target’s CEO Brian Cornell said more consumers are waiting until the last minute to make purchases. has raised its diesel fuel surcharge by 100 basis points to 16%, exceeding the fuel levy assessed earlier this month by rival UPS Inc.
The first 20,000 TEU ships should be arriving in 2017, and are expected to cut costs and increase efficiency by making fewer trips. The purchase of 20,000 TEUs by Maersk will strengthen its alliance with the Mediterranean Shipping Co. Risky Business Model. The ships will also be more fuel efficient.
According to Dr. Myles Dyson, Chief Scientist at Cyberdyne, the technology will be live by late 2017, or “Judgement Day” as they have named the project timeline. Electrek recently reported that Tesla told suppliers to be ready for Cybertruck release candidates in late August and production in early October.
In 2017 retail and manufacturing profits were bludgeoned by a spot-rate market that surged 30% above normal rates. Journal's full report here. Read USA Today's full report here. Loading dock wait times cost truckers over $1 billion annually. Truckers lose a reported 3.6% Read the DOT's full report here.
It’s December 1, the beginning of the end of 2017. Logility Acquires Halo Business Intelligence to Expand Advanced Analytics. Descartes Reports Fiscal 2018 Third Quarter Financial Results. Kane Is Able Purchases Vintners Logistics. How did we get here so fast? Shipping Networks (WSJ – sub. Answer at the end.).
As detailed in a 2017report by Agility Logistics subsidiary Shipa Freight, businesses in the SME category—which comprises 95% of all the world’s companies and generates more than 50% of the gross domestic product in many countries—face considerable difficulties when trying to compete globally with their larger counterparts.
Consumers now take the digital path to purchase more often than not; but, they don’t care what retailers call their shopping journey or what strategies companies use to make the shopping journey a seamless one. ” Once a consumer completes his or her digital path to purchase (i.e., ’ They simply just shop.”[1]
Francisco Ricaurte reports, “To ensure these precious flowers arrive at peak freshness, UPS shepherds the shipments from colorful growing fields in Latin America through the Miami International Airport — where UPS is one of the largest air cargo carriers — to final recipients in less than two days. BBC, 10 February 2017. [2]
Studies have shown that ridesharing services add to traffic congestion in cities and, increasingly, thanks to consumers using the digital path to purchase, delivery vehicles are creating all sorts of problems. Calvert reports some cities, like New York, are trying to encourage the use of cargo bikes. They’re not.
Container Cargo Imports Surged at End of 2016 (WSJ – sub. Moving on to third-party logistics (3PL) news, UPS announced the purchase of Freightex , a U.K.-based Federal Judge Deals Swift Transportation Legal Setback (WSJ – sub. USDOT Announces New Federal Committee on Automation. Alphabet Inc.’s and Europe every day.
The newly announced tariffs join steel and aluminum tariffs, a 25% tariff on all automotive imports, and a 25% tariff on any country that purchases oil from Venezuela already in effect though only the Venezuelan tariff will be stacked on top of global or reciprocal tariffs. If things do play out this way, the freight market will suffer too.
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