A steep drop in cargo through Mexico’s ports in March is just one of several factors roiling the country’s logistics sector, which may see low freight volumes for months, executives say.
Wednesday April 1, 2020
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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
31 Mar 2020
The lengthy apparel supply chain, with its multitude of raw material suppliers, is struggling to cope with a collapse in retail sales and canceled orders.
31 Mar 2020
Slync has made quick progress in landing large forwarders as customers for its automation software, securing an $11 million funding round to fuel its growth despite COVID-19 making investors more conservative.
30 Mar 2020
A $10 million investment into US-Mexico broker Forager could set the company on a path away from its brokerage roots to a more expansive view of cross-border commerce.
27 Mar 2020
While there is some upside in dynamic pricing for the freight forwarder, it is the shipping line where Mizzen sees the true value, and it is tied to the lines' cost structure and business model.
26 Mar 2020
A patchwork of definitions among Canadian provinces over what is deemed an “essential” business is causing confusion, resulting in freight backlogs due to closed warehouses in Ontario and Quebec.
26 Mar 2020
Demand to haul essential freight into areas of the US most affected by the coronavirus disease 2019 (COVID-19) outbreak is soaring this month, causing rates to climb and driver detention to increase, and resulting in difficult conversations between brokers and shippers.
26 Mar 2020
JNPT, which handles the majority of Indian containerized freight, has been hit hard by severe truck driver scarcity and drayage capacity issues.
26 Mar 2020
The difficulty in fulfilling cargo contracts amid an increasingly chaotic supply chain and a spreading pandemic is driving forwarders to drastic steps to limit their liability.
26 Mar 2020
The ability to competently assist in challenging conditions is where shipping lines and logistics providers can differentiate their services in an environment where digital tools will take over the standard processes.
25 Mar 2020
FourKites’ acquisition of the yard management visibility solutions of Denver-based TrackX indicates an intent to build broader freight network visibility for its shipper customers.
24 Mar 2020
The truck plant shutdowns follow a wave of broader automotive factory shutdowns the previous week, led by the big three automakers, Ford, General Motors and Fiat Chrysler, who were followed by Honda, Nissan, Toyota, and Volkswagen.
24 Mar 2020
The lessons learned from logistics managers, carriers, shippers, and high-technology companies — such as inventory backstops and redundancy in the network — will create the groundwork of a new way of approaching mitigating sourcing risk.
23 Mar 2020
A significant number of truck drivers serving India’s major public port have not been reporting to work in recent days because of fears over the coronavirus outbreak and related government restrictions.
19 Mar 2020
DHL Global Forwarding on Thursday warned customers of a potential inability to fulfill its ocean and air freight contracts, echoing warnings from other forwarders that spoke with JOC.com.
19 Mar 2020
The 10-year US economic expansion is over, killed by the response to the coronavirus disease 2019 (COVID-2019), and the recovery will be slow, IHS Markit chief economist Nariman Behravesh warns.
19 Mar 2020
While truck activity is rampant for essential goods, US fashion footwear freight movement is slowing to a halt as department stores shut down, according to supply chain executives.
19 Mar 2020
A trio of prominent logistics technology CEOs told shippers that navigating the coronavirus crisis comes down to decentralizing inventory and avoiding investment in fixed assets.
19 Mar 2020
The response to the new coronavirus disease 2019 (COVID-19) pandemic is dominating business at FedEx, as global air and domestic ground supply needs swing and the firm looks to prioritize test kits and relief supplies.
19 Mar 2020
FedEx expands use of its US ground unit to deliver more air express packages, as e-commerce volumes swell and Amazon ups the competitive ante.
18 Mar 2020
Forwarders facing the task of continuing operations while under work-from-home mandates are getting a boost from software providers offering free versions of their products to help companies cope with the new distributed environment.
17 Mar 2020
The coronavirus is creating new opportunities for cargo thieves, and demands better “continuity planning” from businesses that ship freight, BSI says.
17 Mar 2020
The logistics software provider Freightos is the latest to react to an uncertain freight market by cutting staff, a move the company attributes to the effect the coronavirus disease is having on supply chains and the financial ecosystem.
16 Mar 2020
Denver-based freight broker Archerhub is taking a driver profitability approach to building a successful technology-based business in a market flush with new digital entrants.
13 Mar 2020
Technological prowess is now an expectation for global third party logistics providers. Allport Cargo Services’ approach is not to build its own proprietary systems, but to act as a superuser of Infor Nexus’ shipping software.
12 Mar 2020
In picking former Home Depot CFO Carol Tomé as CEO, UPS puts a former customer from retail e-commerce leader in the driver’s seat.
12 Mar 2020
Greg Knowler, JOC senior editor for IHS Markit's Maritime & Trade division, on pricing, air cargo, and overall supply chain impact of COVID-19.
11 Mar 2020
The Mexican National Guard has ended a protestor blockade that halted trains on a Ferrosur rail line in southern Mexico, one of two incidents in which the federal security force helped free rail lines blocked by protestors in the last week.
10 Mar 2020
The forward truckload freight contract platform has raised $20 million in capital to fuel growing demand to connect shippers and carriers with a binding agreement that lets them focus on more variable supply and demand issues.
10 Mar 2020
Large US truckload carriers that engaged in mergers and acquisitions and expanded specialized services like dedicated trucking fared much better in 2019 than those that relied more on traditional dry-van business, according to JOC's 2020 Top 25 US Truckload Carrier Rankings, prepared by SJ Consulting Group.
10 Mar 2020
The nine container lines that form the Digital Container Shipping Association have released guidelines intended to give all carriers a "common language" and "tasked-based approach" to meeting an IMO resolution around vessel cybersecurity preparedness.
09 Mar 2020
Shippers with an eye on instability in US markets are considering innovative contract terms, including the use of volume guarantees and flexible rates.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
28 Feb 2020
Indian shippers are being warned to expect higher costs as disruptions related to the coronavirus disease 2019 (COVID-19) start to permeate the country’s supply chain.
27 Feb 2020
New figures show a minor decline in cargo thefts in Mexico in 2019, as logistics providers and authorities continue to try new strategies for curbing crime.
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Commentary
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