Today on Logistics Management


2024 Transportation Rate Outlook: More of the same?
Get ahead of the game with our panel of analysts, discussing freight transportation rates and capacity fluctuations for the coming…

From Whiteboard to Warehouse: Writing an Effective Warehouse Automation RFP
Supercharge your warehouse performance with these key metrics and proven strategies from WERC's DC Measures Report. Download now!
Enhance Your 3PL Operations in 2024 with the Latest Technology Solutions
How to Find the RIGHT Cold Storage Partner
10 to 20 gets you 2 to 3 to 5 - Revenue and Profitability
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Cut costs and emissions with lithium-ion forklifts
Transform Your Warehouse Operations with Lithium-ion Powered Forklifts. Cut Costs, Reduce Emissions & Boost Productivity. Read Our Case Study.

Eliminating False Positives: Maximizing Fleet Safety with SmartDrive Managed Services
Download our eBook now and take the first step towards a safer and more efficient fleet.
Vendor Evaluation Questionnaire for RFPs
Here are 6 ways to re-evaluate your parcel fulfillment this year
How to choose the right routing method for your business
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Latest blogs & opinion
White House and DOT issue progress update on FLOW efforts

Two years after the White House and the U.S. Department of Transportation (DOT) formally announced the rollout of Freight Logistics Optimization Works (FLOW), which it describes as an information…

Will recent talks between FedEx and Amazon lead to a reunion?
Freight railroad safety is front and center in FRA data and AAR white paper
STB Chairman Oberman takes activist investor Ancora to task for its attempt to take over Norfolk Southern
More blog posts
 


Logistics Management Podcast

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Latest Podcast Episode
In this podcast, Jeff Berman, Group News Editor for Logistics Management and the Peerless Media Supply Chain Group, interviews Ben Gordon, founder and managing partner of Palm Beach, Florida-based Cambridge Capital, and managing partner of Ben Gordon Strategic Advisors.

Latest in Logistics

In Pyrrhic victory, Teamsters win as judge tosses Yellow’s $137 million lawsuit
The International Brotherhood of Teamsters has won what the union calls “a major victory” in a breach of contract lawsuit against Yellow Corp. Unfortunately for about 24,000 Teamsters who lost their jobs when Yellow ceased operations last August, the victory arrives about nine months too late.

project44 and Everstream offer up analysis on Port of Baltimore situation
Chicago-based supply chain visibility services provider project44 noted that in addition to the Dali, there are also three other container vessels currently moored in the Port of Baltimore. And for container vessels that were scheduled to arrive at the Port of Baltimore now re-routing to alternative ports, Everstream Analytics reported the following: four at the Port of New York and New Jersey; three at the Port of Norfolk; one at the Port of Philadelphia; and one unconfirmed.

Industry experts examine the impact of Baltimore bridge collapse on supply chains
Following yesterday’s bridge collision in Baltimore, when the 32,000-ton container ship, Dali, collided into the 1.6-mile Francis Scott Key bridge over the Patapsco River in Baltimore, causing it to collapse and stopping ship traffic at the Port of Baltimore, for an indefinite period, it has created yet another uncertain situation for supply chains.

Port of Baltimore closed indefinitely to ships after 1.6-mile Key Bridge collapses following maritime accident
The most severe U.S. bridge collision since the Tampa Skyway Bridge disaster in 1980 happened at 1:30 a.m. Tuesday near Baltimore where a 32,000-ton cargo ship Dali rammed a bridge over the Patapsco River in Baltimore, causing it to collapse. The collapse of the 47-year-old, 1.6-mile Francis Scott Key Bridge has brought ship traffic at the Port of Baltimore, an important East Coast trade hub, to a halt. The port said maritime traffic is suspended “until further notice.”

UPS presents updated financial goals and strategic targets at its investor day
Atlanta-based global freight transportation and logistics services provider UPS unveiled details regarding its strategic growth and productivity initiatives and its three-year financial targets at its Investor Day. Company officials stated that through its ongoing “Customer First, People Led, Innovation Driven” strategy, UPS is focused on setting up to the company to be the “premium small package provider and logistics partner in the world.”

Q&A: Mike Burkhart, VP of Mexico, C.H. Robinson
LM Group News Editor Jeff Berman recently spoke with Mike Burkhart, VP of Mexico, for Minneapolis-based based global logistics services provider and freight forwarder C.H. Robinson, about the ongoing nearshoring push into Mexico and what shippers need to know and be prepared for in order to establish cross-border supply chain and logistics operations south of the border.

National diesel average heads up for second straight week, reports EIA
The weekly average, at $4.034, saw a 0.006-cent increase, following a 2.4-cent increase, to $4.028, for the week of March 18.

February and year-to-date U.S. import growth is solid, reports S&P Global Market Intelligence
February imports, at 2.44 million TEU (Twenty-Foot Equivalent Units) increased 21% compared to February 2023. And when taking into account the timing of the Lunar New Year, coupled with the impact of ongoing Red Sea and Panama Canal disruptions, the firm explained that U.S.-bound imports over the first two months of 2024, at 5.04 million TEU, posted a 14% annual increase over 2023’s 4.40 million TEU, with 2022 and 2021, at 5.21 million TEU and 5.09 million TEU, respectively.

LM Podcast Series: 3PL market update with Evan Armstrong
Themes focused on over the course of this podcast included: the state of the market; ways in which the pandemic affected 3PL operations; M&A; how 3PLs are adjusting to and leveraging nearshoring; and the economy, among other topics. 

CPOs shift focus on AI from what’s possible to implementation
Annual Voices of Sourcing survey from Keelvar also finds technology use is ramping up as the workforce shrinks

FedEx fiscal third quarter earnings see gains amid ongoing volume declines
Quarterly revenue, at $21.7 billion, was off 2.3% annually, and operating income, at $1.24 billion, rose 16% annually. Earnings per share, at $3.51, topped the $3.05 from a year ago, topping Wall Street expectations of $3.30. Net income, at $879 million, was up 12% annually.

U.S. rail carload and intermodal volumes are mixed, for week ending March 16, reports AAR
Rail carloads, at 219,586, fell 0.6% annually, and intermodal containers and trailers, at 255,010, saw a 13.8% annual increase.

White House and DOT issue progress update on FLOW efforts
Two years after the White House and the U.S. Department of Transportation (DOT) formally announced the rollout of Freight Logistics Optimization Works (FLOW), which it describes as an information sharing initiative to pilot key freight information exchange between parts of the goods movement supply chain, it provided an update this week on the progress it has made since its inception.

National Retail Federation 2024 retail sales forecast calls for growth
NRF is pegging 2024 retail sales to increase between 2.5%-to-3.5% to between $5.23 trillion and $5.28 trillion. Should this forecast come to fruition, NRF said that it would top 2023 retail sales, which rose 3.6% to $5.1 trillion.

Echo Global Logistics announces expansion of cross-border services in Mexico
As key parts of this expansion, the company said that it has set up new locations in Mexico City, Monterrey, and Laredo, Texas, and also tapped 30-year logistics veteran Troy Ryley as President, Echo Mexico.



Latest Resources

2024 Transportation Rate Outlook: More of the same?
2024 Transportation Rate Outlook: More of the same?
Get ahead of the game with our panel of analysts, discussing freight transportation rates and capacity fluctuations for the coming year. Join...
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Bypassing the Bottleneck: Solutions for Avoiding Freight Congestion at the U.S.-Mexico Border
Find out how you can navigate this congestion more effectively with new strategies that can help your business avoid delays, optimize operations,...

Driving ROI with Better Routing, Scheduling and Fleet Management
Driving ROI with Better Routing, Scheduling and Fleet Management
Improve efficiency and drive ROI with better vehicle routing, scheduling and fleet management solutions. Download our report to find out how.
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Your Road Guide to Worry-Free Shipping Between the U.S. and Canada
Get expert guidance and best practices to help you navigate the cross-border shipping process with ease. Download our free white paper today!
Warehouse/DC Automation & Technology: It’s “go time” for investment
Warehouse/DC Automation & Technology: It’s “go time” for investment
In our latest Special Digital Issue, Logistics Management has curated several feature stories that neatly encapsulate the rise of automated systems and...