CBRE explained that this trend is being paced by online sales essentially creating instant, short-term demand for warehouse and distribution center space, something it also labeled as a potential headache for retailers that want to ensure prompt customer delivery.
Rail carloads dropped 1.7% annually to 266,652, and intermodal containers and trailers eked out a 0.01% annual increase to 272,087.
Port Commissioners have given initial approval to a landmark deal with CenterPoint Properties for a logistics center at the former decommissioned Army base.
The Federal Maritime Commission (FMC) took an important step in its regulatory reform efforts this week when it voted to advance a Notice of Proposed Rulemaking (NPRM) that simplifies and streamlines its Non-Vessel-Operating Common Carrier (NVOCC) Service Arrangements (NSA) and Negotiated Rate Arrangements (NRA) rules and procedures.
XPO Logistics is taking further steps to cement its position as the largest last mile logistics services provider in North America, with today’s announcement that it has completed the opening of eight last mile logistics hubs in advance of Black Friday on November 24.
A group of leading ports from around the globe wrapped up a two-day meeting in Los Angeles this week as part of a maritime collaboration called chainPORT, a global initiative established in 2015 to digitally connect ports worldwide and boost efficiency within the global maritime supply chain.
For September, the most recent month for which data is available, the Freight TSI topped August by 0.2% at 129.2. August’s 129 (downwardly revised from 130.7) was the previous all-time high. And July’s 128.8 was the previous all-time high before August.
Following two straight months of record-breaking imports at United States-based retail container ports in July and August, things slowed down a tad in September, with ample inventory levels in place for the holiday shopping season, according to the most recent edition of the Port Tracker report issued today by the National Retail Federation (NRF) and…Details
XVELA, a cloud collaboration platform for ocean carriers and terminal operators, recently announced that Ocean Network Express Pte. Ltd. (“ONE”) has selected XVELA’s next-generation Collaborative Stowage solution to meet its stowage planning needs.
Consumer satisfaction with the quality of your products is clearly important, but the service you provide before and after the sale is equally important to any business, but often overlooked as benefiting the bottom line. However, providing efficient tracking and tracing of shipped products enhances customer loyalty and your company image.