POLA said it processed 768,804 Twenty-Foot Equivalent Units (TEU) in May, which is down 3% annually compared to May 2017’s record of 796,216 TEU. POLB May volumes shined, with the port saying its 687,427 TEU represents its highest-volume May ever recorded in the port’s history.
The 638,000 square-foot DC, which XPO described as “a warehouse of the future,” is located at the new SEGRO East Midlands Gateway Logistics Park in Leicestershire and will mainly be occupied by Nestlé for its consumer packaged goods, such as Kit Kat, Maggi, and Nescafe. The DC will also be used as a testbed environment…Details
For more than a while now, there has been a general consensus of “we will see what happens” among global supply chain, logistics and freight transportation stakeholders, when it comes to what actually happens, or what the eventual fall out will or would be as a result of the tariffs the United States planned to…Details
Carloads were up 2.8% to 271,641, which topped the week ending June 2 at 252,162 and trailed the week ending May 26 at 273,226.
SSA extends its marine terminal lease at The Port of Oakland, voicing confidence in gateway’s vision
In a move signaling the long-term confidence of the Port of Oakland’s strategic plan, SSA Terminals has signed an agreement to maintain its operaions there well past the current lease expiring in 2027.
The report, entitled “Bulls Lead: Third-Party Logistics Market Results and Trends for 2018,” estimated that 2017 net revenues for the U.S. 3PL market rose 5% to $77.1 billion, with gross revenues up 10.5% to $184.3 million. The gain in net revenues continues a pattern of single-digit annual growth.
Global supply chains must evolve in order to keep pace with the ever rapidly changing needs of both shippers and carriers. Countries around the world need to upgrade their border protection technologies and enhance trade facilitation in order to attract global economic giants to improve their economies through greater efficiencies.
Taking the calculation, complexity, and cost out of LTL shipping.
A new research paper by AlixPartners on “sourcing and purchasing transformation,” reveals that supply chain managers may face fresh challenges in the coming months. Titled, “Rough seas ahead for procurement,” the paper notes that traditional business models of many industries are being disrupted by technological innovation, putting a cap on the ability to pass price…Details
Themed “A Culture of Resilience,” the report provides a comprehensive overview of the company’s environmental, social and governance (ESG) initiatives and addresses 2017 activities in the Americas, Europe and Asia.