Logistics Management Magazine Archives

October 2015 Logistics Management

In this issue:

  • Morton Salt balances the network
  • Trucking Regulations: Caught in a web
  • Mitigating cold chain risk
  • Building the lift truck of the future
October 1, 2015 · The iconic company revamped its truckload bid processes and opened up its entire transportation network to bring transparency into all lanes—and is becoming a “shipper of choice” in the process.
October 1, 2015 · Our top trucking correspondent examines the daunting regulatory hurdles facing trucking—and gives shippers a clearer picture of what they can expect in terms of rates and capacity based on the cumulative effects.
October 1, 2015 · We explore the continued growth of cloud computing in the supply chain management space, explain what’s driving the rapid rise, discuss lingering limitations holding it back, and lay out a plan for what’s ahead.
October 1, 2015 · Biomed, pharmaceuticals, and food lead the list of high-value commodities moving through complex modal networks to both new and well-established markets. But emerging markets are where shippers are seeking the biggest margins—and facing the largest hurdles.
October 1, 2015 · Lift trucks used to be about brawn. The lift truck of the future will be about intelligence, automation, and software—and the future is closer than you think.
October 1, 2015 · Our European correspondent offers U.S. shippers examples of how the logistics industry—hand in hand with government—has responded to the consumer demand for convenience, while keeping cargo flowing from the port of entry to the customer’s doorstep in the most environmentally friendly and cost efficient way.
October 1, 2015 · Today, the volume rankings of the leading ocean cargo carriers only tell half the story. With the planned merger of two of China’s largest players, and the pending sale of Singapore’s NOL, the whole scenario may be set for major upheaval.
October 1, 2015 ·
October 1, 2015 ·
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Latest in Logistics Management

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.


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