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FedEx Elects to Spin Off LTL Freight Business

Supply Chain Matters

Transportation and logistics services provider FedEx announced this week that it has decided to spin off its FedEx Freight business unit. The freight unit was established in 2001, when FedEx Corporation acquired and merged the assets of American Freightways , Viking Freight and Watkins Motor Lines.

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This Week in Logistics News (July 20 – 26)

Logistics Viewpoints

and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. and global ports, with highly complex air freight systems suffering the heaviest hit, as global airlines grounded flights. And now on to this week’s logistics news.

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This Week in Logistics News (May 20 – 26)

Logistics Viewpoints

Cargo ships lost 661 containers at sea in 2022, down from the 15-year average of 1,566 lost per year, according to the latest figures from the World Shipping Council (WSC). Some major ocean carriers have also announced new fees for goods shipped on the route as of June 1 in response to the canal restrictions.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

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. Accenture ).

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The Better Goal: More Fuel Efficient Trucks or Using Fewer Trucks?

Talking Logistics

The proposed vehicle and engine performance standards would cover model years 2021-2027, and apply to semi-trucks, large pickup trucks and vans, and all types and sizes of buses and work trucks. Why aren’t more shippers engaged in collaborative shipping? billion barrels over the lifetime of the vehicles sold under the program.

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How Road Freight Technologies Are Reshaping Maritime Shipping Practices

NC State SCRC

Maritime shipping has long been the backbone of international trade, facilitating the transport of goods across oceans and connecting distant markets. However, the efficiency of maritime shipping has always been—and continues to be—dependent on interdependent variables. million-strong fleet into smart containers.

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Why Large Companies Increasingly Opt for 4PL Services

Logistics Bureau

By contrast, the third-party logistics model is where a manufacturer retains oversight of its supply chain but outsources such processes as warehousing, shipping, packing, and distribution to a 3PL provider. million USD by 2027, growing at a CAGR of 4.5 percent between 2020 and 2027. What is 3PL? million USD in 2019.