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Shippers looking to ensure goods arrived on time in 2021 faced an array of challenges this year. Ports were congested, ocean freight rates had skyrocketed, and shipping lines’ schedule reliability was near rock-bottom. As a result, many big companies took the unusual step of chartering the...Read more »
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Amazon’s supply chain ambitions were well-documented before COVID-19 gripped the world, but the e-commerce giant turbocharged its logistics expansion this year to catch up with elevated demand brought on by the pandemic. Amazon already surpassed FedEx and nipped at UPS’ heels in 2020 ...Read more »
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A.P. Moller – Maersk made one of its biggest deals to date on Wednesday with a $3.6 billion purchase of Li & Fung’s Asia-Pacific logistics subsidiary, LF Logistics. The all-cash deal comes with its usual bells and whistles. Maersk will purchase a 100% stake in LF Logistics, taking...Read more »
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Many shippers spent the past year making up for lost time. Facing U.S. port congestion and production delays at overseas manufacturing sites, more companies opted to move goods by air to keep their supply chains on schedule. But beyond the guarantee of faster transit times than ocean shipping, th...Read more »
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DoorDash has a few built-in advantages in the New York City ultrafast delivery market tied to its scale and the fact that millions of consumers already have the app on their phones. But for retailers, the most important news is that the company’s broader goal — at least for now — is to eventually...Read more »
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“Poor schedule reliability, coupled with high consumer demand, has handed shippers and forwarders a myriad of challenges,” said Sri Laxmana, vice president of global ocean product at C.H. Robinson. Congestion at the ports due to lack of equipment such as chassis, empty containers not ...Read more »
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FedEx’s upcoming service offering is one way the company is leveraging the size and scale of its logistics operations to mitigate supply chain issues for customers. But much of the focus still remains on easing congestion at the ports of Los Angeles and Long Beach, which handle 40% of the U...Read more »
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Trucking is key to unclogging the ports because trucks are the main tool to move the containers, full and empty, out of the yards. Frustration with systems at the ports led Matt Schrap, CEO of Harbor Trucking Association, to tell Transport Dive that the empty containers were not being sent back t...Read more »
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More companies are taking their freight to the skies as the holidays begin, sacrificing the cost-effectiveness of ocean shipping to ensure products arrive in time. “I’m determined not to let the global supply chain issues interfere with the holidays, and I’m committed to support...Read more »
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There is no doubt that the global supply chain is badly stressed. Import volumes into the European Union are strong, and American import numbers set records monthly. TEU volumes at the Port of Rotterdam have returned to 2019′s pre-pandemic levels, as TEU throughput has increased 7.8% in the...Read more »
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Persistent supply chain bottlenecks throughout 2021 have influenced the holiday season approaches of retailers and consumers, which could affect when and how often shoppers return goods following the rush in purchases. Some retailers enticed customers to shop earlier this season to mitigate shipp...Read more »
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Retailers brought a holiday wish list of additional supply chain actions to the White House meeting. The Retail Industry Leaders Association – whose members include attendees Walmart, Best Buy, CVS, Food Lion and Kroger – offered short- and long-term recommendations in an open letter to Biden Mon...Read more »