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This Week in Logistics News (June 22 – 28)

Logistics Viewpoints

The company said it took a $157 million impairment charge for permanently deactivating the 757 cargo jets along with seven engines. By the end of September, FedEx will no longer be the primary air cargo provider for the U.S. Postal Service after UPS recently won the five-year contract.

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

ToolsGroup

Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. At the end of 2021, ocean freight rates were more than three times what they were throughout 2020. IATA data shows global demand for air cargo markets jumped 3.7% Wall Street Journal ). Deloitte Global).

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The Coronavirus Is Shattering Traditional Supply Chains

ivalua

And even if an order from an overseas supplier were to be filled, delivery issues would be compounded by the declining number of air and ocean freight options to move products into the U.S. The financial risk for small to medium-sized businesses (SMBs) is especially high.

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Freightera vs Traditional and Online Solutions, Freightquote, FreightCenter, Uber Freight, Flexport, Freightos

Freightera

We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Empty circle: No or Not applicable Freight Carriers Freight carriers are the backbone of our industry. Freight carriers specialize in carrying freight. Half-filled circle: Depends.

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Freightera vs Traditional and Online Solutions, Freightquote, FreightCenter, Uber Freight, Flexport, Freightos

Freightera

We will discuss how other services and companies compare to Freightera using ground freight shipping in North America as the baseline. Empty circle: No or Not applicable Freight Carriers Freight carriers are the backbone of our industry. Freight carriers specialize in carrying freight. Half-filled circle: Depends.

Freight 26
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Panama Canal Drought: Lower Water Levels, Higher Supply Chain Risk

Resilinc

Weight limits have also been adjusted, forcing some ships to unload and transport cargo to the other side of the canal via train—increasing transportation costs. The main countries affected by the drought are China, Japan, South Korea, and the US, as the Panama Canal facilitates 46% of container movement from northeastern Asia to the US.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

A behemoth in the logistics industry, UPS has operations in shipping, air freight, trucking, last-mile delivery and drone delivery. It started in 1969 as DHL Air Cargo, and by the late 1970s, the company had expanded its operations and offered services throughout the world. Kuehne + Nagel Inc. Jacobs in 2011.