Name: Tackling drayage pain points
Uploaded: Apr 12, 2023, 12:24 PM EDT

Drayage can be a major pain point for importers and exporters whose containers end up in a distribution center black hole once they clear customers. Nimesh Modi, CEO of Book Your Cargo, discusses how his company is improving visibility with a digital drayage platform, the country’s truck driver shortage, and the potential wide-reaching impact of AB5, the California law requiring stronger language for designating workers as independent contractors. TPM23, Long Beach, California Sponsored by Book Your Cargo

<div class="phx-topic abstract-wrapper"><p>It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.</p></div>

It is the second acquisition this week by a CMA CGM subsidiary following CEVA Logistics’ takeover of Turkish forwarder Borusan Tedarik, with both deals aimed at extending the carrier’s end-to-end supply chain control.

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CMA CGM expands air cargo fleet with Air Belgium takeover

<div class="phx-topic abstract-wrapper"><p>Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.</p></div>

Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.

Air cargo volumes fall on trans-Pacific as US de minimis changes loom

<div class="phx-topic abstract-wrapper"><p>If regulatory approval is achieved, the deal will nearly double the size of CMA CGM subsidiary CEVA Logistics’ footprint in a rapidly expanding region.</p></div>

If regulatory approval is achieved, the deal will nearly double the size of CMA CGM subsidiary CEVA Logistics’ footprint in a rapidly expanding region.

CEVA expands reach in Turkey with $440 million acquisition

<div class="phx-topic abstract-wrapper"><p>The closure of freighter slots at the airport beginning in August is expected to last several months because of an estimated $1 billion investment plan launched by port operator Adani Airport Holding.</p></div>

The closure of freighter slots at the airport beginning in August is expected to last several months because of an estimated $1 billion investment plan launched by port operator Adani Airport Holding.

Indian air cargo braces for disruptions amid looming upgrade project at Mumbai

<div class="phx-topic abstract-wrapper"><p>US tariffs on China and the 90-day pause on tariffs imposed by Washington on a host of other countries made it difficult to assess how the market would develop this year, according to the forwarder’s CEO.</p></div>

US tariffs on China and the 90-day pause on tariffs imposed by Washington on a host of other countries made it difficult to assess how the market would develop this year, according to the forwarder’s CEO.

Kuehne + Nagel’s financial crystal ball clouded by US tariff disruption

<div class="phx-topic abstract-wrapper"><p>The restrictions have “effectively” made direct vessel calls to either Karachi or Port Qasim on India services operationally impossible, according to major container lines. </p></div>

The restrictions have “effectively” made direct vessel calls to either Karachi or Port Qasim on India services operationally impossible, according to major container lines.

India’s ban on Pakistan cargo raises disruption risk

<div class="phx-topic abstract-wrapper"><p>Paper and forest product exports climbed for the first time in more than five years in 2024, but various headwinds will challenge demand in 2025.</p></div>

Paper and forest product exports climbed for the first time in more than five years in 2024, but various headwinds will challenge demand in 2025.

US forest product export rebound unlikely to repeat amid tariff war

<div class="phx-topic abstract-wrapper"><p>The broader goal of NYSHEX’s new container index is to provide rate information that will support the use of hedging tools for shippers, NVOs and carriers against increased volatility. </p></div>

The broader goal of NYSHEX’s new container index is to provide rate information that will support the use of hedging tools for shippers, NVOs and carriers against increased volatility.

NYSHEX enters container index fray targeting floating rate contract adoption

<div class="phx-topic abstract-wrapper"><p>While ongoing port congestion in North Europe and longer voyages around the Cape of Good Hope will help to absorb incoming vessels, it will also leave the trade lane open to volatile shifts in capacity that cannot be planned for, a <i>Journal of Commerce</i> webinar was told. </p></div>

While ongoing port congestion in North Europe and longer voyages around the Cape of Good Hope will help to absorb incoming vessels, it will also leave the trade lane open to volatile shifts in capacity that cannot be planned for, a Journal of Commerce webinar was told.

Shift in ocean capacity from trans-Pacific spells trouble for Asia-Europe

<div class="phx-topic abstract-wrapper"><p>While the second quarter is typically strong for freight demand, the logistics provider said the market is far from normal after the Trump administration’s tariffs spooked its customers.  </p></div>

While the second quarter is typically strong for freight demand, the logistics provider said the market is far from normal after the Trump administration’s tariffs spooked its customers.

C.H. Robinson’s forwarding business faces muddy Q2 on China uncertainty

<div class="phx-topic abstract-wrapper"><p>In launching TruSygnal, Burns Logistics CEO Ed Burns wanted to provide a way to allow small carriers to create relationships with shippers that typically shy away from brokers. </p></div>

In launching TruSygnal, Burns Logistics CEO Ed Burns wanted to provide a way to allow small carriers to create relationships with shippers that typically shy away from brokers.

Logistics vets bridging shipper-small carrier divide sans broker

<div class="phx-topic abstract-wrapper"><p>With a “reintroduced” ground freight shipping option, UPS hopes to tempt LTL shippers seeking alternatives to LTL rates that are up 12% on average from mid-2023. </p></div>

With a “reintroduced” ground freight shipping option, UPS hopes to tempt LTL shippers seeking alternatives to LTL rates that are up 12% on average from mid-2023.

UPS seeks reentry into LTL space as LTL costs climb higher

<div class="phx-topic abstract-wrapper"><p>Rapidly growing occurrences of cargo theft in the US have compelled two early-stage technology companies to use data around truckload movements to assist law enforcement.</p></div>

Rapidly growing occurrences of cargo theft in the US have compelled two early-stage technology companies to use data around truckload movements to assist law enforcement.

Truckload technology providers partner on cargo theft initiative

<div class="phx-topic abstract-wrapper"><p>Shippers are increasingly seeking so-called mini-bid contracts to bridge a transitioning market reflected by carriers cutting capacity.</p></div>

Shippers are increasingly seeking so-called mini-bid contracts to bridge a transitioning market reflected by carriers cutting capacity.

US truckload shippers hedge contract rates as carriers cut capacity

<div class="phx-topic abstract-wrapper"><p>Less-than-truckload companies are reporting low volumes and customers stressed by trade conflicts, but contract rates are climbing.</p></div>

Less-than-truckload companies are reporting low volumes and customers stressed by trade conflicts, but contract rates are climbing.

US LTL rates rising despite falling volumes, more cautious shippers

<div class="phx-topic abstract-wrapper"><p>Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.</p></div>

Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.

<div class="phx-topic"><p>In the face of ongoing supply chain disruption, stability may be the most valuable thing a company can provide. Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by Global Container Terminals</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372171097112"></dynamic-object></div></div>

In the face of ongoing supply chain disruption, stability may be the most valuable thing a company can provide. Daniel Howell, chief operating officer of Global Container Terminals, delves into GCT’s multimillion-dollar investments into infrastructure, equipment and innovation, and how the business is staying ahead of demand. TPM25, Long Beach, California Sponsored by Global Container Terminals

Staying ahead of the curve

<div class="phx-topic abstract-wrapper"><p>Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.</p></div>

Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.

<div class="phx-topic"><p>As stakeholders adjust to dynamic shifts in the supply chain, they are considering all factors, including real estate, to gain an edge. Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by CenterPoint Properties</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372173233112"></dynamic-object></div></div>

As stakeholders adjust to dynamic shifts in the supply chain, they are considering all factors, including real estate, to gain an edge. Adam Roth, executive vice president of industrial services at NAI Hiffman, offers his observations on the state of the industry and how industrial real estate can play a role. TPM25, Long Beach, California Sponsored by CenterPoint Properties

Real estate strategies

<div class="phx-topic abstract-wrapper"><p>Brian Kobza, executive director of commercial and strategic services at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.</p></div>

Brian Kobza, executive director of commercial and strategic services at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.

<div class="phx-topic"><p>Partnerships can make or break supply chain success. Brian Kobza, executive director of commercial and strategic services at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability.</p><p><i>TPM25, Long Beach, California</i></p><p><b>Sponsored by IMC Logistics</b></p><div class="wrapper-narrow"><dynamic-object type="brightcove" resource-id="6372171574112"></dynamic-object></div></div>

Partnerships can make or break supply chain success. Brian Kobza, executive director of commercial and strategic services at IMC Logistics, talks about the importance of partnering with railroads and the company’s approach to sustainability. TPM25, Long Beach, California Sponsored by IMC Logistics

Creating velocity

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Video

<div class="phx-topic abstract-wrapper"><p>Drayage can be a major pain point for importers and exporters whose containers end up in a distribution center black hole once they clear customers.</p></div>

Drayage can be a major pain point for importers and exporters whose containers end up in a distribution center black hole once they clear customers.

<div class="phx-topic"><p>Drayage can be a major pain point for importers and exporters whose containers end up in a distribution center black hole once they clear customers. Nimesh Modi, CEO of Book Your Cargo, discusses how his company is improving visibility with a digital drayage platform, the country’s truck driver shortage, and the potential wide-reaching impact of AB5, the California law requiring stronger language for designating workers as independent contractors.  </p><p><i>TPM23, Long Beach, California</i></p><p><b>Sponsored by Book Your Cargo</b></p><div class="wrapper-full"><dynamic-object type="brightcove" resource-id="6324519575112"></dynamic-object></div></div>

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