Disruption forces shippers to weigh supplier nearshoring: study Shippers in sectors such as aerospace, pharmaceuticals, and IT saw an average hit of $182 million from supply chain disruptions on an annualized basis, which technology provider Interos said will compel many companies to explore nearshoring options. Disruption forces shippers to weigh supplier nearshoring: study Journal of […]
Read More →Disruption forces shippers to weigh supplier near-shoring: study
on August 26, 2022in Industry News
Disruption forces shippers to weigh supplier near-shoring: study Shippers in sectors such as aerospace, pharmaceuticals, and IT saw an average hit of $182 million from supply chain disruptions on an annualized basis, which technology provider Interos said will compel many companies to explore near-shoring options. Disruption forces shippers to weigh supplier near-shoring: study Journal of […]
Read More →Lack of system harmony constrains 3PL revenue growth
on August 24, 2022in Industry News
Lack of system harmony constrains 3PL revenue growth Incumbent third-party logistics providers that manage an array of services are being challenged by digitally native upstarts who can provide single, unified platforms to shippers. Lack of system harmony constrains 3PL revenue growth Journal of Commerce
Read More →Breakbulk carrier, box maker team for trans-Pac domestic container service
on August 16, 2022in Industry News
Breakbulk carrier, box maker team for trans-Pac domestic container service Carrier53, a joint venture of a breakbulk vessel operator and container manufacturer, said it will offer trans-Pacific sailings from China to the US West Coast with a special emphasis on domestic intermodal containers. Breakbulk carrier, box maker team for trans-Pac domestic container service International Freight
Read More →Slync.io looks to turn the page on Kirchner era with new leadership
on August 10, 2022in Industry News
Slync.io looks to turn the page on Kirchner era with new leadership Slync.io’s widely-reported payroll woes and the departure of its CEO last week have had a minor impact on the broader logistics industry due to the technology provider’s relatively small customer base. Slync.io looks to turn the page on Kirchner era with new leadership […]
Read More →Performance Team expands end-to-end reefer service with Charleston warehouse
on August 8, 2022in Industry News
Performance Team expands end-to-end reefer service with Charleston warehouse Ground was broken last week on a 20,000-square-foot cold storage facility near the Port of Charleston that is expected to open early in 2023. Performance Team expands end-to-end reefer service with Charleston warehouse Journal of Commerce
Read More →Maersk expands end-to-end reefer service with Charleston warehouse
on August 8, 2022in Industry News
Maersk expands end-to-end reefer service with Charleston warehouse Maersk broke ground last week on a 20,000-square-foot cold-storage facility near the Port of Charleston that is expected to open early in 2023. Maersk expands end-to-end reefer service with Charleston warehouse Journal of Commerce
Read More →Weakening ocean market not yet in shippers’ favor: analysts
on August 4, 2022in Industry News
Weakening ocean market not yet in shippers’ favor: analysts Container shipping trades out of Asia will continue to slow through the second half of the year as the global economy contracts, but carriers and analysts say it will be a gradual weakening of demand and rates rather than a sharp drop. Weakening ocean market not […]
Read More →Freight demand to remain strong through 2022: analyst
on August 3, 2022in Industry News
Freight demand to remain strong through 2022: analyst Rather than falling off a cliff, it appears freight markets are normalizing after two years where nothing has been normal, writes logistics expert Jason Miller. Freight demand to remain strong through 2022: analyst Journal of Commerce
Read More →Duplicate ocean invoices plague exporter Scoular: audit
on August 2, 2022in Industry News
Duplicate ocean invoices plague exporter Scoular: audit Scoular, one of the US’ top exporters, discovered significant duplicate invoices from its ocean transportation providers in recent months, an issue likely to become more pervasive as regulators scrutinize carrier and terminal billing. Duplicate ocean invoices plague exporter Scoular: audit Journal of Commerce
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