More high-tech companies across the globe are moving their operations back to, or near, the location of demand for their products, building more flexibility into their supply chains, according to a new study published by UPS.
Spot market truck freight volumes in the U.S. dropped 10 percent in April from March, but remained above April 2013 levels, according to DAT Solutions. The sagging spot market is another indication that the U.S. economy has yet to find the lever to pull to restore the stronger growth it enjoyed in 2014.
With no clear path to prevent a recurrence of the crippling, nearly yearlong disruption visited upon West Coast ports and, as of this writing, no final ratification of a new contract by West Coast dockworkers, shippers are exercising their right of free choice and walking away.
Marine terminal operators, warehouses and truck facilities in California could be called upon to manage harmful emissions under the California Air Resources Board’s proposed Sustainable Freight Plan, according to a shipping industry representative.
In an attempt to ensure sufficient availability of chassis during the summer-fall peak-shipping season, the Port of Long Beach Thursday will meet with potential bidders interested in managing a peak chassis fleet.
Container lines’ on-time reliability in April was the best since October, indicative of a return to “normal” operations in the major trade lanes, according to Drewry Maritime Research.
Zim Integrated Shipping Services returned to profit in the first quarter as a multi-billion dollar restructuring and sharply lower fuel prices accelerated its financial revival after seven straight years in the red.
Alitalia’s announcement that it will not renew its partnership and joint venture accords with Air France-KLM paves the way for Etihad Airways, the carrier’s dominant 49 percent shareholder, to expand its European freight footprint.
The acquisition of Hazen Final Mile gives TransForce and same-day logistics subsidiary Dynamex a longer reach in e-commerce shipping markets.