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
Chris Cser and Joe Lynch discuss global giants – ICAT moves the world’s largest cargo. Summary: Global Giants: ICAT Moves the World’s Largest Cargo In this podcast, Chris Cser, Director of Operations at ICAT Logistics, takes us on a journey through the complex world of global logistics.
Washington farm exports crimped by cargo-container shortage. With the third vaccine authorized, these manufacturers are pressing for more companies to be authorized to ship the vaccine. Globaltransportation is at the forefront of sustainability efforts. HelloFresh boxes sustainability.
I’ve worked in the supply chain for 30+ years, working for major retailers including Kmart, Michaels and Five Below, as well as on the 3PL and logistics side with companies including FedEx, where I was Vice President of GlobalTransportation, and UPS, where I worked as Vice President of Supply Chain Design.
In a prior published commentary, we provided highlights of March and Q1-2022 global production indices along with their implications. We now add highlights of March and Q1-2022 key globaltransportation and logistics indices. Trucking disruptions in these areas threaten the flow of inbound and outbound inventory. .
Cargo containers. It’s critical that importers monitor current global trade news to ensure they understand any pending customs tariff, duty or trade agreement changes that could impact their material landed costs. These impacted goods are subject to a 25% increase upon arrival into the U.S. Industrial machinery. Optical fibers.
Businesses, especially those in manufacturing, are trying to rebound and return to some sense of normal; whatever that means. Supply chains were pushed to their breaking points in 2020 for all manufacturing vertical segments, resulting in: Halted or slowed production by manufacturers in the auto industry. Labor Issues.
And this global trip isn’t just for sightseeing – leading companies find that a diversified sourcing base and far-flung manufacturing can help cut production costs, increasing the bottom line. However, the biggest pain point for these global supply chains is the one that seems inescapable – transportation costs.
Andrea Gruber, Senior Manager, Special Cargo, IATA. Dave Edmondson, National Strategy Manager, Manufacturing Development, NHSBT (NHS Blood and Transplant). Didier Basseras, Vice President, Global Head of Clinical Supplies – Clinical Supply Chain, Sanofi-Aventis. Fredrik Wildtgrube, Head of Global Sales, Finnair Cargo.
The globaltransportation system in 2021 is experiencing a unique and unexpected crisis. Market participants state that the cost of transportation has increased from approximately $1,500 to $6,000 – $9,000 per container in February this year. A problem also linked to shipping companies. What happened to the containers?
The Market Update, a new monthly post highlighting key factors that impact the transportation industry in North America, will keep you up to speed on the latest news and topics that matter to your business. While there is no contract extension in place, both parties have pledged to keep cargo moving. Large Scale Market Indicators.
Labor and Transportation Disruptions are Up Resilinc data shows labor disruptions were up 107% year-over-year. Faced with inflation, layoffs, and long hours, transportation employees are taking action in the form of strikes and protests. On February 17, more than 1300 flights were canceled by Lufthansa Group in Germany due to strikes.
This month’s Market Update highlights key factors that impact the transportation industry in North America and will keep you up to speed on the latest news and topics that matter to your supply chain and business. The post Market Update: Transportation Industry News appeared first on Transportfolio. Large Scale Market Indicators.
The Supply Chain Matters blog highlights February globalmanufacturing and supply chain indices and challenges relative to product demand and supply network imbalance levels in the first quarter of 2022. Global Wide Production Activity. Morgan GlobalManufacturing PMI® report, a composite index produced by J.P.
When the expanded Panama Canal opened this June, a new set of routes became available for shippers and beneficial cargo owners (BCOs). Cargo can enter the country via East coast or West coast ports depending on variables such as the type of product being shipped. New Panama Canal Options: Running the Numbers with a TMS.Connect by TMC.
Working in close cooperation with the government of two Chinese provinces, Sichuan and Chongqing, these companies moved manufacturing facilities to inland China. As reported by OSW studies , China determined that rail service between western China, Kazakhstan, Russia, and Europe would best serve the unique needs of these manufacturers.
The Wall Street Journal reported this week (Paid subscription or metered view) that ocean container freight rates related to the most active global shipping lanes continue to decline amid what is traditionally considered the peak shipping period leading up to the holiday fulfillment season in the November-December period.
He a sought-after author, having written both best-selling books and timely pieces in Industry Week Manufacturing Network and Supply Chain Management Group. tariffs assessed on imports and their impact on manufacturing, the housing market itself, and even dropshipping. Steve Banker. Bridget McCrea. Morgan Forde (Supply Chain Dive).
Outlook for the Remainder of Year We especially call our readers’ attention to today’s published report by the global business broadcasting network CNBC. With global demand and production levels contracting over most of 2023, there were multiple opportunities to negotiate lower contract prices.
Tolls have been abolished temporarily to facilitate the movement of cargo. Manufacturing, agriculture, and infrastructure—which are more labor intensive—might see a drop in volumes. Trucking and road transportation are witnessing an acute financial crunch, as 80% of operational costs are cash driven.
In this update, we focus on our fifth prediction which is focused on globaltransportation and logistics services sectors. 2023 Prediction Five: Global Wide Transportation, Logistics and Brokerage Services Sectors Will Face a Challenging Year With Significant Consequences.
Now, cross-border ecommerce is even connecting consumers with manufacturers (C2M). The business transaction, cargo shipping, payment wiring and collection, and document exchanges are no longer individual pieces of the chain.
Bill of Lading (BOL) : A document between a shipper and carrier acknowledging the receipt of goods for transport and now available in electronic format (eBOL). Describes the nature of the cargo, amount of cargo by weight, size and/or number of pieces, and the origin and destination of the cargo.
The intricate networks of shipping routes, ports, and inland terminals have strengthened the interconnectedness of the world economy, and maritime shipping is the critical mode of globaltransport. The Suez Canal, for example, is crucial for energy and cargo shipments moving between Asia and Europe.
export commodity base is a diverse mix of goods and is well balanced across many commodity segments and cargo values. are at record lows , allowing cost per unit to remain competitive as part of manufacturing costs. A Diverse Mix of Goods is Driving U.S. Consider this: The U.S. exports are diversified over the material goods segment.
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. FedEx is the largest cargo airline in the world in terms of scheduled freight tonne kilometers (FTK), a distinction the company has held since 2014, and it’s the fourth largest in terms of fleet size.
The most significant news in globaltransportation and logistics circles late last week and this week are U.S. Reportedly, one terminal at the Port of Los Angeles cancelled cargo movement operations on Monday of this week while two terminals at the Post of Long Beach closed. The existing labor contract expired on July 1, 2022.
They especially encourage manufacturing and design enterprises that import, process and then re-export goods. For clarity, here’s a quick definition of each term: A free trade zone – or free zone as it is also known – can refer to specific-purpose manufacturing facilities.
That’s because the public is feeling what we who work with logistics have known for awhile — bottlenecks and supply chain disruptions have led to an unprecedented level of delay transporting goods from point A to point B. But even when the cargo arrives, ports on both coasts of the U.S.
billion on air cargo hub, fans talk of bigger ambitions (Reuters). billion to build a large air cargo hub in northern Kentucky. The increase was a result of growth from both new and existing customers (see October 2016 press release Microsoft Selects TMC as GlobalTransportation Management System Provider ).
Major truck manufacturers have committed to building more fuel-efficient (including electric) aerodynamically designed trucks , with Tesla leading the charge. Air cargo carrier, American Airlines Cargo can match that, having cut millions of pounds of CO2 emissions since 2005. Global Green Freight Action Plan.
In his first week in office, President Biden signed Executive Order 14005, Ensuring the Future is Made in America by All of America’s Workers, launching a whole-of-government initiative to strengthen the use of federal procurement to support American manufacturing.”[1] Reality says something quite different. It’s nothing to worry about.'”
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