Logistics Management Magazine Archives

October 2016 Logistics Management

In this issue:

  • 2016 NASSTRAC Shipper of the year
  • Trucking regulations update
  • Emerging market cold chains
  • Big Data and analysis
  • Top 30 Ocean Carriers: Tough year on the high seas
  • European Logistics Update: U.K. Moves ahead post-Brexit
October 6, 2016 · Over the past decade we’ve seen a major trend in regards to safety regulations for freight transport within the United States as well as for import and export shippers—that trend is the “international­ization” of rules and regulations.
October 5, 2016 · While speculation and uncertainty abounds, freight transportation and logistics industry leaders contend that it’s important for all involved to keep a cool head and begin planning for the new phase after the U.K. leaves the EU.
October 5, 2016 · When Rick Meyer joined the team at Badcock Home Furniture &more as director of purchasing six years ago, the company relied on paper-based calendars and a dispatcher to orchestrate its transportation processes.
October 5, 2016 · As Cloud computing morphs into a $216 billion market over the next four years, an increasing number of supply chain management applications—and their users—are making the move from enterprise based software to Cloud-centric platforms.
October 5, 2016 · The fed is hitting truckers with a barrage of costly regulations in an era of scant profits. Everything from emissions, training standards, electronic onboard recorders, fuel mileage standards and speed limiters are in play—and it’s only going cost shippers more.
October 5, 2016 · Following the rapid development of fleet management solutions and a flurry of adoption, the lessons learned are informing a new vision of how best to optimize a fleet.
October 4, 2016 · VWR’s redesign of its West Coast shipping operation incorporates a newly designed pool distribution strategy that reduces demurrage and drayage costs, improves next-day delivery and has greatly increased efficiency in the region.
October 4, 2016 · Will the historic downfall of one major carrier provide a lesson for other Tier 1 competitors? As maritime analysts share their insights and forecasts of the ocean carrier market for 2017, they contend that this could be the year of reckoning for some.
October 4, 2016 · The recent Global Cold Chain Alliance report shows that temperature-controlled warehouse space has experienced steady growth since 2014. Emerging markets, including those with undeveloped transport infrastructure, played a key role in this trend in spite of lingering challenges.
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Latest in Logistics Management

Expensive, lengthy delays expected before Port of Baltimore can re-open to vessels following Key Bridge collapse
The collapse of the 47-year-old, 1.6-mile Francis Scott Key Bridge is going to have supply chain repercussions for months, if not longer, supply chain experts are saying.

DAT Truckload Volume Index sees February declines after a strong January
The van TVI, at 245, down 4% compared to January, with the reefer TVI, at 193, down 4% compared to January, and the flatbed TVI, at 242, increased 3% compared to January.

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 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.


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