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Paul Brashier is Vice President Drayage and Intermodal at ITS Logistics , a third party logistics (3PL) company that offers creative supply chain solutions with an asset-lite transportation division that ranks #21 in North America, a top-tier asset-based dedicated fleet, and a Top 12 intermodal and drayage division. The Greenscreens.ai
bans exports by Oregon freight-forwarder in warning shot to industry Container losses fall to record low Warehouse wages rise to average of $18.99 An Oregon freight-forwarder was hit with an export ban in what officials said was a warning to companies to heed restrictions on the shipment of sensitive technologies to countries the U.S.
Cerasis is by legal definition a freight broker. Although our claim to fame is our web based TMS freight rating technology, the Cerasis Rater , which includes a technology suite of products and integrated managed transportation services , it is in our interest to understand the future of freight and how we as freight brokers fit in.
The answer is… transportation. But before lithium can meet its full potential, the problem of transportation must be addressed. Many of the country's railroad tracks and services are still not fully equipped to handle dangerous chemical transportation, and regulators are hurrying to catch up with the burgeoning market.
Freightos Launches First International Freight Marketplace to Power $2 Trillion Worth of U.S. In other technology news, Freightos announced “the launch of the world’s first online marketplace for international freight, providing instant comparison, booking, and management of freight services from multiple logistics providers.”
freight rates have reached their lowest levels in nearly six years. In essence, it is confirmation of a freight recession condition. The sub-index index Transportation Utilization of 50 was noted as indicating no upward movement for the first time in 2023. percentage points below the February value of 54.7, Separate U.S.
Note: values of this index above 50 are indicative of an expansion of overall logistics industry activity levels ) The summary narrative communicated for July 2024 was indications of “ positive movements in the transportation market contrasting with a moderate contraction in inventories and slowing rates of expansion in the warehousing market.”
Editor's Note: Today's blog is from our friend Kevin Hill with Quality Scales Unlimited who shares his expertise regarding the key trends in supply chain and transportation management. . This is the value of having a transportation network. Stagnation of Air Cargo and Sea Freight Rates. 6 Key Trends in Supply Chain.
Those are two of the most common questions I hear about driverless trucks, or to use the term preferred by the Department of Transportation, autonomous vehicles, which includes both cars and trucks. Department of Transportation (DOT) issued federal policy for the safe testing and deployment of automated vehicles.
Supply Chain Matters highlights additional developments, evidence and added signs that reinforce that there will be no peak holiday focused surge in transportation and logistics in the latter half of 2023. While 209,000 workers were added in June, 14,000 freight and parcel carriers were cut and 6,900 warehousing and storage jobs were lost.
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
Produce season transportation can have an impact on your freight, even if you do not ship grains, fruits, or vegetables. Even if you don’t grow or ship produce, your transportation performance and spend can still be directly impacted. How Produce Season Transportation Affects Rates and Capacity – State by State.
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .
In the near-term, hosted software and cloud computing are making sophisticated warehouse, transportation and labor management systems accessible to organizations that could never support the significant capital investment required to discretely license the same software. All of your denied party lists are already loaded for screening.
7-Eleven and Google teamed up for drone deliveries from a 7-Eleven store in Nevada, Amazon delivered an order via drone in the UK , Domino’s delivered a pizza by drone in New Zealand , and JD.com delivered orders in rural China via drone. Drones for Good Like self-driving vehicles, there was plenty of press surrounding drones in 2016.
Find the case where a customer node is right near the Alabama warehouse but is shipped from the Nevada warehouse. Inevitably, key transportation lanes will not be found in the historical data. But this is the real world and reflects the optimum use of the freight market. Great, see how I saved $948K?
We now add highlights of March and Q1-2022 key global transportation and logistics indices. Global and Domestic Transportation and Logistics Indices. March and Q1-2022 data would tend to indicate that global transportation and logistics disruptions are easing, but fast-moving events in February and now March indicate to the contrary.
This index complies 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. The authors point to the delivery time disruptions occurring in China , an increase in air freight costs from the U.S. Further was a dip in Transportation Price expansion, down 15.8
The oil and gas industry impacts freighttransportation in four significant areas: Diesel Prices. I was chatting with Ben Spilger from our Reno office about this when he said, “I can’t count the number of people I’ve met in Nevada with friends or family at least considering moving to North Dakota.” Driver Shortage.
This index compiles 27 different variables to include transportation movement and costs, global PMI sub-indexes reflecting delivery times and order backlog. Interestingly, Transportation Utilization is the outlier here, as both utilization metrics in the index were up significantly in September. ”. up from an August reading of 59.7.
Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 Noted was that one of the busiest times in freight logistics, the seasonal back-to-school retail stocking period, likely did not materialize. The reported May value of 47.3 compared to the April value of 50.9,
and Transportation Capacity (+5.2) and Transportation Utilization (-10.7). The canal disruption is further noted as having more freight being routed to U.S. The reported November value of 49.4 declined a significant 7.1 percentage points from that of October. and slowdown in Warehousing Utilization (-14.0)
Both metrics contributed to the overall contraction in the LMI along with contracting price levels for transportation. Transportation utilization reportedly dipped a hefty 9.5 Consequently, transportation prices reportedly declined 8.9 The June value of 45.6 declined 1.7 percentage points from the May value of 47.3,
Companies like Peloton Technology are testing different ways to make self-driving transport efficient and safe. HYPERLOOP WILL CHANGE TRANSPORT. The concept is being tested at a 3-km site in Nevada. If it works, we could see a transport connection open up between San Francisco and Los Angeles in just a few years.
Recently, Transportation Secretary Anthony Foxx said that the National Highway Traffic Safety Administration will issue guidelines for driverless cars by the middle of this summer. The first challenge featured 15 self-driving cars trying to navigate a 142-mile course between California and Nevada.
New Overtime Rules "A Slap in the Face" to Freight Brokers. Regarding the Texas lawsuit, it’s unclear whether the court will hold a hearing or issue any decision before December 1, according to Will Sehestedt, government affairs manager for the Transportation Intermediaries Association (TIA), a trade organization for freight brokers.
We’ve talked about the truck driver shortage and its potential to disrupt domestic freight shipping: fewer people are choosing to become truck drivers, leading to a serious dip in truck capacity in only a few years. Automakers like Volvo are already testing prototypes in Nevada. A few companies have found the answer.
With all the craze about new self-driving cars, it’s easy to overlook what may be a more impressive feat: self-driving freight trucks. Right now, the truck is only licensed in Nevada, but this is just the beginning. For the time being, these trucks are limited to the highways of Nevada.
We all know about the recent spectacular failure of the Google self-driving prototype, which reassured many skeptics that robotic revolutions in transportation were still safely located in the distant future. It’s not just manufacturers who are keeping the futuristic potential of transportation management in mind either.
We aren’t fortune tellers at FreightCenter, but we have been in the logistics business long enough to predict what you’re about to ask: H ow much is the cost of freight to (insert destination) ? We’ll break it down and give you an idea of what’s involved in calculating freight cost wherever you’re shipping. Classification.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Several factors can impact the cost of freight shipping, including your shipment’s weight, dimensions and any special handling requirements, such as temperature or shape. Yes indeed, freight shipping prices do vary by state. Additionally, our freight experts are here to guide you through the process if needed.
Located in Nevada, the factory has begun producing batteries at a significantly lower cost by leveraging economies of scale, innovative manufacturing, reduction of waste, and the convenience of housing most of the process under a single roof. But now, Tesla’s gigafactory is hoping to solve the problem. The result for Tesla?
Rates rose across the region, with shippers moving freight out of the way of the coming storm. Transportation and logistics professionals are urged to contact the American Logistics Aid Network , if you can help provide trucks, trailers, or warehouse space. Rising diesel costs added extra pressure and pushed prices higher. per mile.
Photo courtesy of GLS UK-based postal operator, Royal Mail further expands its international operations through its subsidiary, General Logistics Systems (GLS) with the acquisition of Canadian freight operator, Rosenau Transport, announced on Oct 8. How does this all benefit postal operator Royal Mail? International cross-border.
Recently, Transportation Secretary Anthony Foxx said that the National Highway Traffic Safety Administration will issue guidelines for driverless cars by the middle of this summer. The first challenge featured 15 self-driving cars trying to navigate a 142-mile course between California and Nevada.
Picking the wrong the 3PL to manage transportation and logistics is a big hassle, but picking the wrong 3PL to manage your direct-to-consumer (DTC) shipments is a disaster. and Canada allow DTC ecommerce brands and retailers to ship faster and reduce freight costs. Locations across the U.S. Esther Kestenbaum Prozan LinkedIn.
In the trucking industry, it will represent a new freight carrying opportunity. Recreational marijuana is legal in Alaska, California, Maine, Massachusetts, Nevada, Oregon, Washington and the District of Columbia. H ow Marijuana Legalization Impacts the Trucking Industry. However, it also represents another drug testing challenge.
The Three Types of Supply Chain Strategies Making Waves Today, we’re seeing businesses take creative approaches to increasing the resiliency of their supply chain, and these strategies boil down to three categories: changes to the way goods are manufactured, transported, and stored. Two popular trends? Two popular trends? As the U.S.
Picking the wrong the 3PL to manage transportation and logistics is a big hassle, but picking the wrong 3PL to manage your direct-to-consumer (DTC) shipments is a disaster. and Canada allow DTC ecommerce brands and retailers to ship faster and reduce freight costs. Locations across the U.S. Esther Kestenbaum Prozan LinkedIn.
Currently, this has not made a substantial impact on the freight market, but we are seeing signs that the industry is beginning to recover. Additionally, according to Freight Waves, “outbound tender rejections have increased week-over-week for the first time since the OTRI peaked at 19.25% on March 28.”. Southeast Logistics.
To effectively track each state’s progress in reopening and how freight is impacted, we will publish a market update for the coming weeks as the country eases out of lockdowns. . Increases in volumes started climbing this week steadily but still down 10-15% year-over-year according to Freight Waves’ Sonar indexes. .
The war concluded with Mexico losing a significant portion of its territory, including present-day California, Arizona, New Mexico, Texas, Nevada, Utah, and parts of Colorado and Wyoming. Just twenty-five years after gaining its independence, Mexico faced a war with the US - The Mexican-American War (1846-1848). –Mexico border.
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