South Korean ocean liner Hanjin Shipping files for bankruptcy protection in a dozen countries; Few respondents to a GT Nexus survey say they have a chief supply chain officer on hand who would be equipped to deal with supply chain disruptions; Maersk splits its transportation and oil businesses
Readers weigh in and pick the disruptive innovation that will rock supply chains.
Four of the nation’s foremost experts in the market help shippers better understand the current state of the nation’s ever-complex and competitive rail and intermodal network.
A leading distributor of professional salon products in the U.S. forms unique partnerships with its key LTLs to lower transport costs, reduce its carbon footprint and improve service to its 565 store locations.
Recent data issued by industrial real estate firm CBRE in its U.S. Industrial Availability Index continues to highlight the decline of the average availability rate for United States-based warehouses and distribution centers, with the third quarter rate heading down ten basis points to 7.7, its lowest availability rate going back to 2001.
While transpacific oceanborne traffic was especially robust this past peak season, industry analysts were also impressed by the air cargo surge in the region. If this trend is to continue, however, the need for improved airport infrastructure is obvious.
September shipments were up 4.9% annually at 976,605. While this is down compared to August’s 1,066,698, the annual improvement is ahead of August’s 2.2% annual spread.
Reacting to the tightest spot truckload market in at least four years, brokers and third-party logistics providers are working overtime to obtain TL capacity for shippers during this peak freight season.
The United States Department of Energy’s Energy Information Administration (EIA) reported this week that the average price per gallon for diesel gasoline headed up 1.1 cents to $2.787 per gallon this week. The increase comes on the heels of a 1.6 cent decline last week.
New breakthrough developments, such as drones and driverless vehicles, seem to be everywhere.