For the last four years, Bradley S. Jacobs has been one of the more interesting people operating in the global freight supply chain. Like the portfolio of companies he’s building, the XPO Logistics CEO is rapidly broadening that description to fit the global stage.
There’s one potential solution to the congestion the ports of Los Angeles-Long Beach and New York-New Jersey face that rarely gets discussed amid talk of chassis pools, truck appointments and extended gate hours. It would relieve pressure on terminal gates, on chassis and on drivers. The solution, some believe, is on-dock rail.
The role of cold storage operators continues to morph into that of a 3PL. Strangely enough, some customers aren’t aware of the expanding suite of services their cold storage providers offer, even though it’s evolving customer demands that prompted this very transformation.
As the industry catches its breath after the struggles on the West Coast, we are less than a year away from a potential new risk of long lines and more confusion across the U.S.
When Presidents Xi Jinping and Barack Obama signed a new climate agreement in September, they took a critical step in bilateral cooperation to combat global climate change. The two of us were recently invited to China to share experiences—in the United States and Holland, respectively—in cleaning up air pollution at ports and reducing greenhouse gas emissions in the shipping industry, while maintaining growth.
Carriers are always at liberty to verify any and all aspects of the shipping description provided by the shipper, to the extent that they affect the rate to be charged and in all other regards. The most common type of correction that carriers make is the shipment weight.
U.S. Customs and Border Protection’s comprehensive new Automated Commercial Environment is a historic step toward modernizing inefficient customs procedures. But it also puts a greater burden on shippers and their customers to keep their data orderly and up to date.
The Port of New York and New Jersey and its new port commerce director, former Port of Los Angeles executive Molly Campbell, face a challenge: The port must solve its current congestion issues before the next wave of big ships hits New York-New Jersey, probably next year.
How does a corporate culture motivate its employees to look forward to reporting to work each day because they love their jobs and the companies they work for? That concern is even more pressing because the transportation industry is facing a labor shortage.
Inventories are likely to grow at an elevated pace through 2015 and into 2016, matching elevated sales. The inventory-to-sales ratio is too high, but much of the elevation has been compositional. It is a simple matter of retail segments that require a higher inventory ratio have out-grown sectors without.
A multitude of panelists at the FTR Annual Conference once again tried to peek over the horizon to evaluate the future of freight. For me, the biggest take-away from the event is the growing likelihood of yet another freight disruption, courtesy of the U.S. government.
With much of our surface transportation infrastructure decaying and becoming functionally obsolete, we can’t wait 40 years for Congress to confront the threat posed to our economy by inadequate railways, tunnels, bridges and roads, including those connecting to seaports.
Dealing with a container ship incident has gone from a puzzling and troubling situation, to one that can be fairly described as an absolute catastrophe as they continue to grow in size.
Proofreading a contract is a critical part of contractual relationships. You can’t expect the judicial system to overlook your errors or to correct them.