The digitization of truck manufacturing will directly benefit shippers by creating more capacity and making more capacity readily available, a study by IBM suggests.
Thursday March 4, 2021
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International Logistics
International Logistics
Logistics news, intelligence and analysis about the various components of the international logistics supply chain; including warehousing and distribution centers, refrigerated supply chains (“the cold chain”), advanced logistics technologies, and third-party logistics (“3PL”) providers around the world. Extensive coverage of companies in the JOC’s Top 50 Global Logistics listings, including DHL, Kuehne + Nagel, DB Schenker, CH Robinson, DSV, XPO Logistics, UPS Supply Chain, CEVA Logistics, Expeditors International and JB Hunt. [as ranked in the 2017 list, published in 2018]. Looking to the future, major global logistics firms are continuing to make significant investments in upgrading their technological platforms, so they can match the needs of shippers with the specialized capabilities of carriers. The major motivations for the adoption of new technologies continue to be a need to increase efficiency and lower costs despite the growing demands of customers for higher levels of customer service. JOC regularly publishes updated rankings of the major international logistics providers in terms of revenues.
News & Analysis
12 Nov 2018
Rising volume and revenue by shipping lines — often double-digit increases year over year — has not been accompanied by rates rising to levels that are able to offset the effects of steadily escalating bunker fuel costs.
12 Nov 2018
Sponsored: The development of smart containers will shape the future of the container shipping industry, said MSC's Maurizio Aponte, who discussed data standardization, partnering with platform providers, and the mechanics of smart container operations.
12 Nov 2018
With the cabotage relaxation, implemented May 21, foreign-flag carriers can transport laden export/import containers for transshipment and empty containers for repositioning between Indian ports without any specific permission or license.
12 Nov 2018
Sponsored: Remote container management is a game changer for the reefer cargo, said Hamburg Süd's Smet in a 2018 JOC Container Trade Europe Conference panel.
12 Nov 2018
Is venture capital (VC) advancing the logistics technology start-up sector for the betterment of shippers? Or is it distorting the market and penalizing well-run companies that are not VC-backed?
09 Nov 2018
Efforts to digitize the bill of lading that must accompany each shipment, whether on an ocean vessel or tractor-trailer, aren’t necessarily new, but they’re gaining ground in an era of e-commerce and tight capacity.
09 Nov 2018
Every year, the expectation regarding “free” is that “free” gets faster and faster, and e-commerce players are a major factor. Thus, two-to-three-day click-to-delivery expectations are now the norm. And that’s upping delivery pressure on shippers.
09 Nov 2018
Three major online buying events — Singles’ Day, Black Friday, and Cyber Monday are coming — and when they are combined with the evolution of the three into global shopping and shipping events, it means more pressure on air freight pipelines.
08 Nov 2018
Investment is growing in start-up collaborative logistics platforms that connect parties and break down silos between areas such as procurement, visibility, and payment.
08 Nov 2018
Hapag-Lloyd became the latest example of how rising volume and revenue is being thoroughly eroded by increasing bunker fuel prices.
08 Nov 2018
Some are predicting a continuation of peak season-like conditions not just through the end of the year but continuing until the Chinese New Year holiday beginning in early February. Beyond that, two sector variables will determine the extent of anticipated first-quarter weakness in spot rates.
08 Nov 2018
The triple threat of e-commerce retailers, logistics technology startups, and ocean carriers pushing into the logistics services space is creating pressure on forwarders to innovate in the way they adopt new technology and engage with shippers to maintain value in those relationships.
07 Nov 2018
Blockchain is one of the most-often discussed topics in the shipping industry. Proponents argue it has the potential to transform shipping and supply chain management, among many other uses. JOC senior technology editor Eric Johnson provided a primer on the subject at the recently completed JOC Logistics Technology Conference in Las Vegas.
07 Nov 2018
Machine learning tools are often touted as mechanisms to drive next-level benefits in freight movement, but current use cases are more feet-on-the-ground than head-in-the-cloud applications.
07 Nov 2018
While container shipping fundamentals are improving, 2019 holds major challenges for ocean carriers.
07 Nov 2018
At the recently completed JOC Inland Distribution Conference 2018 in Illinois, shippers and executives received a clear message concerning the economy and their shipping plan, among other insights.
06 Nov 2018
The addition of Express Havre St-Pierre helps 'build out' Manitoulin Transport's truckload and LTL service map in Quebec, especially in the province's rural areas, and complements its westward expansion.
06 Nov 2018
The new consortium, powered by Oracle Cloud Blockchain Service, involves CMA CGM, Cosco Shipping (and subsidiary brand OOCL), Evergreen Marine, and Yang Ming, and the lines represent about one-third of total global container ship capacity.
06 Nov 2018
New port data collected indicate Chennai is slowly establishing a footprint in transshipment handling.
06 Nov 2018
This Sunday, Nov. 11, will see the annual Singles' Day online ordering frenzy in mainland China that is expected to surpass the 254 billion yuan ($37 billion) in e-commerce sales generated in 2017.
05 Nov 2018
India officials say the establishment of an alternative, river transport will help reduce highway congestion and improve supply chain efficiency.
05 Nov 2018
The number of for-hire US trucking employees skyrocketed in the first 10 months of 2018, fueled by freight demand, but large trucking operators are short truck drivers in a tight labor market.
05 Nov 2018
In the shipping industry, it’s an exciting but risky time. Because tech innovation isn’t native to incumbent players, the risks of a wrong decision are inherently greater and are compounded by the accelerating pace of development and the increasing presence of tech-native players asserting themselves in many segments of the market.
05 Nov 2018
Coupled with other, recent logistics-focused, blockchain developments, the announcement by Archer Daniels Midland, Bunge, Cargill, and Louis Dreyfus on Oct. 25 could be seen as tangible progress in the advancement of commercially viable uses of the somewhat controversial technology.
02 Nov 2018
The Trump administration's initial 10 percent tariff on China prompted front-loading of holiday goods earlier this year. Now, the prospect of an additional 25 percent tariff on China on Jan. 1 is affecting spring shipments. Each is among the chief reasons trans-Pacific spot rates have maintained their strength.
02 Nov 2018
The World Shipping Council, which represents the container shipping industry, said the paper by the OECD’s International Transport Forum that wants the European Commission’s block exemption for container shipping lines to end without renewal in April 2020 demonstrated “a fundamental misunderstanding” of how the consortia block exemption works.
02 Nov 2018
If shippers reorganized efficiently and put an end to procurement teams focused solely on price and transactions instead of supply chain efficiency, we would have more drivers available and motivated to take time to train and become more valuable as well as get paid more.
01 Nov 2018
Less-than-truckload (LTL) shippers must scramble to find alternatives and anticipate higher pricing, as UPS Freight stops taking freight ahead of a Teamster vote on its ‘last, best, final’ contract offer. Freight is unlikely to be stranded, but it will probably move at a premium, as LTL carriers prioritize freight from existing customers.
01 Nov 2018
A dynamic, demand-based pricing system similar to those used by airlines and hotels is one part of a broader plan that would affect how freight is shipped in the US LTL market.
01 Nov 2018
Effective in February, Stehle will focus on business development, key accounts, and managing large projects, as well as supporting organizational restructuring efforts that began earlier in 2018.
01 Nov 2018
Not even the revenue and volume from the acquisition of OOIL, one of the better managed global carriers, and $162 million in government subsidies Cosco Shipping Holdings received between January and September, could prevent its net earnings falling by 68 percent.
01 Nov 2018
The Lineage Cool Port Oakland cold storage facility offers direct access for up to 36 refrigerated rail box cars and also features 90 truck doors.
01 Nov 2018
Itajai this year has received seven roll-on, roll-off vessels and is slated to handle more through November and December.
01 Nov 2018
Starting Thursday, shippers will be able to complete their bookings and receive confirmation within seconds compared with previous waiting times of up to two hours, a delay that has created uncertainty and extra workload, as shippers followed up bookings with thousands of phone calls and emails.
31 Oct 2018
The acquisition of Canada’s largest privately owned transport operator will help Canadian National “lay down track” into new markets as intermodal revenue increases.
Commentary
An interesting time for global trade
This year, there's no time like the present for your US shipment
Oil and water shape Panama Canal's future
US auto/auto parts imports tariff would tip Canada into a recession
Look for economies of service, as well as economies of scale