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Spot Market Freight Rates Soar After Hurricane Harvey

DAT Solutions

Most of the major van markets actually had fewer outbound loads available, though, and most regular freight heading to Houston was canceled. Another cost of Hurricane Harvey: many Houston-area refineries were offline, and some remain closed for now. Dallas rates also soared, as some freight was diverted to that busy freight hub.

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U.S. Freight Logistics Industry Recession Continues with Some Hopeful Signs

Supply Chain Matters

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. Freight rate reportedly fell 37 percent. The LMI has now declined 6.7

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How to Protect Your Freight From Cargo Thieves

GTG Technology Group

5 Tips for Protecting Your Freight Against Cargo Thieves. Protecting freight is one of the responsibilities you have to your clients. A few areas with high rates of cargo theft are Los Angeles, New Jersey, New York, Miami, Houston, and Chicago. Sources: [link]. The average value of stolen goods per incident was $142,342.

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Four Risk Mitigation Actions for Weathering a Stormy Market

TMC

The recent decision by Japan’s three largest container companies to merge their shipping operations is yet another symptom of the volatility that is roiling the freight business. Achieving lower freight costs by switching to another coast might not be viable if the new transit time is too long. Vessel size is a further consideration.

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New Panama Canal Options: Running the Numbers with a TMS

TMC

These enterprises are no longer reliant on the Suez Canal route for shipping freight on Post-Panamax container vessels to the United States. The trade-offs are especially critical for destinations in a “battleground” region that stretches from Detroit in the north to Houston in the south. West Coast ports. Wider lessons.

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Global Vendor Management: What It Is & Why It’s Essential for Your Shipping Strategy

CH Robinson Transportfolio

Consider this: global sourcing, manufacturing, and sales are advancing rapidly, leaving technology providers in the tough position of playing catch up. Imagine you are at your desk in Houston and you need to determine whether a completed order left the warehouse in China. See current shipment status down to the item level.

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26 logistics professionals reveal the biggest trends in logistics technology

6 River Systems

RFID tags and robotic warehouse systems generate and transmit data that, when combined with other data sources, allow companies to optimize the supply chain and make better predictions and forecasts to improve efficiency and boost the bottom line. They can also be used to track the provenance of adulterated products to identify the source.