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By Jeff Berman ·
March 24, 2023
A group of national industry associations, largely representing shippers and freight transportation and logistics services providers, called on President Joe Biden, in a letter, to take action, regarding the still-unresolved West Coast port labor negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA).
By Jeff Berman ·
March 23, 2023
Logistics Management Group News Editor Jeff Berman recently spoke with Michael Farlekas, CEO of Austin, Texas-based connected supply chain software platform services provider e2open. Farlekas provided Berman with an overview of various topics, including: a return to supply chain normalcy; inventory management, and sourcing options for shippers, among others.
By Jeff Berman ·
March 21, 2023
DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month.
By Jeff Berman ·
March 20, 2023
The Port of Los Angeles reported that February volume—at 487,846 TEU (Twenty-Foot Equivalent Units)—were down 43% compared to February 2022. The Port of Long Beach reported that total February volume—at 543,675 TEU—dropped 31.7% annually
By Jeff Berman ·
March 14, 2023
Logistics Management (LM) Group News Editor Jeff Berman recently spoke with Matt Muenster, Chief Economist for Green Bay, Wisc.-based Breakthrough, an innovator in transportation management, dedicated to creating transparent and fair strategies for the world’s leading shippers. Muenster provided Berman with an overview of steps shippers need to take and consider, relating to inventory management, and the impact of key economic indicators on freight volumes, among others.
By Jeff Berman ·
March 8, 2023
For January, the most recent month for which data is available, Port Tracker noted that import volumes, for the ports covered in the report, came in at 1.81 million TEU (Twenty-Foot Equivalent Units), for a 4.4% increase compared to December and a 16.5% annual decrease.
By Jeff Berman ·
March 7, 2023
For the month of February, Descartes observed that U.S. container volumes—at 1,734,272 TEU (Twenty-Foot Equivalent Units)—were off 16.2% compared to January, while falling 25.0% annually, and down 0.3% compared to February 2019 prior to the pandemic.
By Jeff Berman ·
March 2, 2023
With an eye on switching to a fully standardized electronic bill of lading (eBL) by 2030, the Digital Container Shipping Association (DCSA) recently announced its nine ocean carrier members have pledged to commit to 100% adoption of an eBL, which will be based on DCSA standards.
By Jeff Berman ·
February 17, 2023
POLA reported that total January volumes—at 726,014 TEU (Twenty-Foot Equivalent Units)—were down 16% compared to January 2021, an all-time record for the month. January POLB volume—at 573,772 TEU—was also down compared to a record January 2022, falling 28.4%.
By Jeff Berman ·
February 13, 2023
For the month of January, Descartes noted that U.S. container volumes—at 2,068,943 TEU (Twenty-Foot Equivalent Units)—were up 7.2% compared to December’s 1,929,032 TEU, which were down 1.3% compared to November, and its largest December to January increase in the last six years. While volume saw a sequential gain, they were down 16.1% annually, with the caveat that this tally was only 0.3% below a pre-pandemic January 2019. The report also noted that even though the Lunar New Year was in January, the subsequent impact on import volumes won’t be felt until later this month and into March.
By Jeff Berman ·
February 7, 2023
A pairing of ongoing economic uncertainty and lower import volumes were the key themes in the new edition of the Port Tracker report, which was issued by the National Retail Federation (NRF) and maritime consultancy Hackett Associates.
By Jeff Berman ·
February 7, 2023
A recently-released report by Brookfield, Wisc.-based supply chain consultancy Armstrong & Associates highlights the pandemic-driven swings the pandemic has had on the third-party logistics (3PL) sector, from various perspectives, including revenue, costs, and services, among others. Entitled, “Downshift: Latest Global and Regional Logistics Costs and Third-Party Logistics Market Trends and Outlook,” the report is replete with 3PL market data and analysis, taking a look at the recent past and what may be in store, in the coming years, too.
By Dagmar Trepins, Contributing Editor ·
February 2, 2023
Supply chains worldwide will continue to be caught between politics, economics and ecology in the future. Whether there will be more regionalization or nearshoring remains to be seen. The question will linger: Who will win and who will lose in this increasingly tense competition?
By Karen Thuermer, Contributing Editor ·
February 2, 2023
After posting another record year of profits, worldwide recessionary and inflationary pressures are now chipping away at ocean carrier fortunes. As far as rates are concerned, our analysts suggest that shippers and freight forwarders will be able to do a little window shopping this year.
By Jeff Berman ·
January 30, 2023
Global ocean container carriers Geneva Switzerland-based MSC Shipping Company (MSC) and Copenhagen, Denmark-based Maersk A/S, a subsidiary of A.P. Moller-Maersk, said that they have reached a mutual agreement to terminate their 2M ocean alliance, a container shipping line vessel agreement in 2025.